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Coterra Energy Inc bears the ticker symbol CTRA, and this is my first mention CTRA for my new Viking Portfolio, or for any of my previous Dog of The Week Portfolios.

Coterra Energy Inc is an independent exploration and production company with operations in Appalachia and the Permian Basin.

It was formed after the 2021 merger with Cabot and Cimarex. At year-end 2021, Coterra's proved reserves were 2.9 billion barrels of oil equivalent, with net production that year of approximately 431 million barrels of oil equivalent per day (of which 70% was natural gas).

The company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities.

The company was incorporated in 1989 and is headquartered in Houston, Texas.

Three key data points gauge

Coterra Energy Inc:

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

CTRA Price

Coterra’s price per share was $24.57 at Friday’s market close. In the past year, CTRA’s share price increased by $5.57 or about 29%.

If CTRA’s stock trades in the range of $18.00 to $36.00 this next year, its recent $24.57 share price might reach $30.00 by next year. My upside estimate of $5.43 is exactly $3.46 under the one year target estimate from twenty-four analysts covering CTRA for brokers.

CTRA Dividends

Coterra’s most recent Quarterly dividend of $0.68 equates to an annual dividend of $2.49 to cast an annual yield of 10.13%.

CTRA Returns

Adding the $2.49 annual estimated NL dividend to my one-year price upside estimate of $5.43 reveals a $7.92 potential gross gain per share.

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether any company has made, is making, and will make money.

CTRA Price

Coterra’s price per share was $24.57 at Friday’s market close. In the past year, CTRA’s share price increased by $5.57 or about 29%.

If CTRA’s stock trades in the range of $18.00 to $36.00 this next year, its recent $24.57 share price might reach $30.00 by next year. My upside estimate of $5.43 is exactly $3.46 under the one year target estimate from twenty-four analysts covering CTRA for brokers.

CTRA Dividends

Coterra’s most recent Quarterly dividend of $0.68 equates to an annual dividend of $2.49 to cast an annual yield of 10.13%.

CTRA Returns

Adding the $2.49 annual estimated NL dividend to my one-year price upside estimate of $5.43 reveals a $7.92 potential gross gain per share.

At Friday’s $24.57 closing price, a little over $1000 would buy 41 shares.

A $10 broker fee (if charged), paid half at purchase and half at sale, might cost us about $0.42 per share.

Subtract that maybe $0.42 brokerage cost from my estimated $7.92 gross gain makes a net gain of $7.50 X 41 shares = $307.50 for a 30.75% net gain including a 10.13% annual dividend yield.

In one year our $1K investment in shares of Coterra Energy Inc should generate $101.30 in cash dividends. Of course, a single share of CTRA stock at Friday's $24.57 price is about 4X less than the annual dividend income from our $1000.00 investment.

So, by my dogcatcher ideal, this is a good time to buy Coterra shares based on their dividends for this year 2023. The current dividend from $1K invested is about 4.12 times greater than CTRA’s single share price. Consider yourself alerted.

All of the estimates above are speculation based on the past history of investment in shares of Coterra Energy Inc. Only time and money invested in this stock will determine its future market value.

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