Houston, Texas-based Coterra Energy Inc. (CTRA) is an independent oil and gas company that develops, explores, and produces oil, natural gas, and natural gas liquids. Valued at a market cap of $20.8 billion, the company also operates natural gas and saltwater gathering and disposal systems in Texas.
Shares of this energy company have underperformed the broader market over the past 52 weeks. Coterra has gained 12.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 23.3%. Moreover, over the past six months, the stock is up 10.5%, compared to SPX’s 11.7% rise.
