Coterra Energy Inc. ($CTRA) Stock Forecast: Up 6.7% Today

What is Coterra Energy Inc.?

Coterra Energy Inc. (CTRA) is a company operating in the energy sector, specifically focused on the Delaware Basin, and recently saw a significant bullish movement.

Why is Coterra Energy Inc. going up?

CTRA stock is up 6.7% on Feb 4, 2026 18:16

• The increase in CTRA's stock value is linked to a proposed acquisition by Devon Energy Corporation, which would result in the formation of a major producer in the Delaware Basin and indicate a trend of consolidation in the U.S. shale industry.
• Despite a downgrade of Coterra Energy by Roth Capital, market sentiment appears optimistic, driven by the potential advantages of the merger.
• Investors are advised to evaluate the impact of the merger on both companies' financials and operational approaches, as well as the broader industry consolidation pattern in the energy sector.
• The market is responding positively to the merger, with expectations of future cost reductions, operational improvements, and increased shareholder returns.

CTRA Price Chart

CTRA Technical Analysis

CTRA News

Coterra Energy Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Coterra Energy Inc. - CTRA

Kahn Swick & Foti, LLC (KSF) is investigating the proposed sale of Coterra Energy Inc. (NYSE: CTRA) to Devon Energy Corporation (NYSE: DVN). KSF is evaluating whether the consideration of 0.70 shares of Devon common stock for each Coterra share and the process leading to the proposed transaction are adequate for Coterra shareholders. The law firm is inviting shareholders who believe the offer undervalues the company to contact them to discuss their legal rights.

https://www.businesswire.com/news/home/20260204618177/en/Coterra-Energy-Investor-Alert-Kahn-Swick-Foti-LLC-Investigates-Adequacy-of-Price-and-Process-in-Proposed-Sale-of-Coterra-Energy-Inc.---CTRA

Coterra Energy downgraded to Neutral from Buy at Roth Capital

Roth Capital downgraded Coterra Energy (CTRA) from Buy to Neutral, lowering its price target to $28 from $30. The firm believes Coterra Energy is unlikely to receive a higher offer than Devon Energy's or from a competing bidder, largely due to its substantial enterprise value of $25 billion and the lack of interest from larger companies with Delaware Basin adjacency like ConocoPhilips, Chevron, and EOG Resources in a competitive bidding situation.

https://finance.yahoo.com/news/coterra-energy-downgraded-neutral-buy-134019250.html

Should You Invest in Devon Energy (DVN) Based on Bullish Wall Street Views?

Despite Devon Energy (DVN) having a bullish average brokerage recommendation (ABR) of 1.63, investors should exercise caution. The article highlights that ABRs often have a positive bias due to brokerage firms' vested interests and recommends using more reliable tools like the Zacks Rank, which for DVN, currently indicates a "Strong Sell" (Zacks Rank #5) due to declining earnings estimates.

https://finviz.com/news/297535/should-you-invest-in-devon-energy-dvn-based-on-bullish-wall-street-views

Devon, Coterra Merger Redraws the 2026 U.S. Shale Playbook

Devon Energy and Coterra Energy are merging in an all-stock deal worth $58 billion, creating a dominant producer focused on the Delaware Basin. This merger aligns with a broader industry trend of consolidation, prioritizing scale, high-quality drilling inventory, and disciplined capital returns. The combined entity aims for $1 billion in annual pretax savings by 2027 and plans to leverage technology and a strong natural gas output.

https://www.theglobeandmail.com/investing/markets/stocks/XOM/pressreleases/37385459/devon-coterra-merger-redraws-the-2026-us-shale-playbook/

Devon, Coterra Merger Redraws the 2026 U.S. Shale Playbook

Devon Energy (DVN) is acquiring Coterra Energy (CTRA) in a $58 billion all-stock deal, creating a major producer focused on the Delaware Basin and targeting $1 billion in annual pretax savings by 2027. This merger signals a renewed wave of consolidation in the U.S. shale industry, driven by the need for quality drilling inventory, cost reduction, and disciplined capital returns. The combined entity aims to concentrate cash flow in the Delaware Basin, optimize operations through scale and technology, and enhance shareholder returns, setting a new playbook for the sector.

https://www.theglobeandmail.com/investing/markets/stocks/CVX/pressreleases/37385459/devon-coterra-merger-redraws-the-2026-us-shale-playbook/

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Coterra Energy Inc. Price History

04.01.2026 - CTRA Stock was up 5.8%

• Downgraded Coterra Energy from Buy to Neutral, citing concerns about potential competing bids and the company's substantial enterprise value, by Roth Capital.
• Despite bullish Wall Street views on Devon Energy (DVN), the Zacks Rank indicates a "Strong Sell" due to declining earnings estimates, which could have indirectly impacted CTRA's performance.
• The merger between Devon Energy and Coterra Energy, creating a dominant producer in the Delaware Basin with significant cost-saving synergies, likely boosted investor confidence and drove CTRA's bullish movement.
• The market's positive reaction to the merger deal, which aims to optimize operations, enhance shareholder returns, and set a new industry playbook, could have contributed to the bullish momentum in CTRA's stock price today.

04.01.2026 - CTRA Stock was up 6.7%

• The increase in CTRA's stock value is linked to a proposed acquisition by Devon Energy Corporation, which would result in the formation of a major producer in the Delaware Basin and indicate a trend of consolidation in the U.S. shale industry.
• Despite a downgrade of Coterra Energy by Roth Capital, market sentiment appears optimistic, driven by the potential advantages of the merger.
• Investors are advised to evaluate the impact of the merger on both companies' financials and operational approaches, as well as the broader industry consolidation pattern in the energy sector.
• The market is responding positively to the merger, with expectations of future cost reductions, operational improvements, and increased shareholder returns.

03.10.2025 - CTRA Stock was up 1.6%

• An increase in short interest as a percent of float potentially triggered a short squeeze scenario, compelling short sellers to cover their positions and pushing the stock price higher.
• While the broader market saw an upward trend, Coterra Energy's stock price saw a minor decline, hinting at profit-taking by investors who may have viewed recent gains as a selling opportunity.
• The conflicting trends in short interest and stock price movements suggest a combination of speculative trading and profit-taking activities among investors, contributing to today's bullish momentum in the stock.

09.07.2023 - CTRA Stock was up 5.3%

• Coterra Energy reported better than expected Q2 adjusted earnings, despite a sharp decline in natural gas prices compared to the previous year.
• The slump in gas prices had initially caused concerns about the company's profitability, but Coterra Energy managed to surpass expectations.
• The overall energy trade experienced a rough day in the markets, particularly due to worries about China's economic recovery. However, Coterra Energy stood out as a strong performer amidst the challenging market conditions.
• The positive earnings report from Coterra Energy likely contributed to the bullish movement, as investors were reassured about the company's ability to navigate the volatility in gas prices.

08.07.2023 - CTRA Stock was down 5.2%

• Coterra Energy's Q2 profit fell sharply alongside natural gas prices, leading to a bearish market movement.
• The company's quarterly profit slumped as gas prices tumbled, impacting its financial performance.
• Despite beating earnings expectations with Non-GAAP EPS of $0.39, Coterra Energy's revenue of $1.19B missed estimates by $90M.
• The decline in gas prices and the missed revenue expectations likely contributed to the bearish market movement of Coterra Energy's stock.

21.01.2024 - CTRA Stock was up 5.2%

• Significant investments were made in CTRA by Bridgewater Associates, under the leadership of Ray Dalio, during the fourth quarter of 2023, signaling confidence in the company.
• The rising short percent of float for CTRA indicates a growing interest from investors seeking to benefit from potential price fluctuations.
• While analysts' recommendations and technical indicators for CTRA vary, with some displaying bearish signs, overall market sentiment appears to be shifting positively, potentially influenced by Bridgewater's strategic investments and market dynamics.

15.00.2026 - CTRA Stock was up 1.9%

• Institutional investors, including Touchstone Capital Inc., have shown positive sentiment towards CTRA, acquiring a significant position in the company and demonstrating confidence in its growth potential.
• Analysts maintain a positive outlook on CTRA, with a "Moderate Buy" rating and an average price target of $32.52, despite stake reductions by Manning & Napier Advisors LLC and New York State Teachers Retirement System.
• CTRA's appealing valuation, growth prospects, profitability, and low P/E ratio likely play a role in the current bullish trend, overshadowing the Q3 earnings miss.
• The company's classification as an "Affordable Growth" pick, coupled with ongoing interest from analysts and institutional investors, could be driving the momentum in CTRA's stock.

29.00.2026 - CTRA Stock was up 5.1%

• CTRA stock surged as Coterra Energy and Devon Energy are reportedly in advanced talks for a potential merger, which would create one of the largest oil and gas deals in recent years.
• The market reacted positively to the news of the potential merger, as investors see the combination of these two significant players in the energy sector as a strategic move that could drive growth and create synergies.
• The increase in CTRA stock price also reflects investor confidence in the deal going through, despite the uncertainty of a final decision and the possibility of talks falling apart.
• The initiation of a new position in Coterra Energy by institutional investors, including Hussman Strategic Advisors Inc., further added to the positive sentiment surrounding the stock, indicating growing interest and potential upside.

06.04.2025 - CTRA Stock was down 10.3%

• The decline in CTRA's stock price might be linked to reactions following the company's recent announcements, with concerns emerging regarding its adaptability.
• Despite outperforming the market in recent times, the stock's performance today hints at a change in investor sentiment.
• Investors seem to be wary ahead of CTRA's upcoming Q1 earnings release, with potential profit-taking or repositioning activities on the horizon.
• These various factors likely played a role in driving the bearish movement in CTRA today, prompting investors to reconsider their perspectives on the company's future prospects.

06.04.2025 - CTRA Stock was down 5.8%

• CTRA, which outperformed the market in the previous trading session, faced notable bearish movement today.
• Market sentiment turned negative despite expectations of a positive Q1 earnings report, driven by successful acquisitions and improved operational performance.
• Potential unexpected challenges or external factors affecting the energy sector likely influenced investors, leading to the decline in CTRA's stock price.
• Despite optimistic projections, the actual Q1 earnings results may have disappointed market participants, triggering a sell-off in CTRA shares.

02.07.2024 - CTRA Stock was down 5.2%

• The decrease in CTRA's stock price today could be linked to lower commodity prices, impacted by economic slowdown.
• The increase in Permian oil drilling resulting in an excess of associated gas and subsequent price reduction may have adversely affected CTRA's financial performance in Q2.
• Although Coterra demonstrates robust energy production and shareholder returns, the market's general perception of commodity prices and economic deceleration likely influenced the downward movement in CTRA's stock today.