Stockchase Opinions

Jim Cramer - Mad Money Coterra Energy CTRA-N WAIT Jan 27, 2025

It went parabolic, so he sold some shares. Now, he's waiting. It's the cheapest natural gas company, though, and is in a good position for Trump who wants to export nat gas.

$27.830

Stock price when the opinion was issued

Energy
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COMMENT
An oil driller.
BUY
Cheap PE and pays a giant dividend. Down now, so buy.
BUY
Has a lot of natural gas operations. He likes nat gas. Crude prices are the same as a year ago, but nat gas is up 50% and looks strong for 2023. He keeps adding to his position.
BUY
Paid a 10% dividend last year and more like 6-08% this year. Strong free cash flow.
BUY
Paid a 10% dividend last year and will pay more like 6-8% this year. Strong free cash flow and are paying down debt. Are doing all the right things.
BUY

The price of oil has been wavering, but natural gas has been obliterated. CTRA is now Coterra Energy, and it receives 59% of sales from nat gas. One of the lowest-cost producers in the world. Pays a 3.1% dividend yield and buys back a lot of shares