With a market cap of around $17 billion, Coterra Energy Inc. (CTRA) is a premier, diversified energy company engaged in developing, exploring, and producing oil, natural gas, and natural gas liquids. The Houston, Texas-based company sells its natural gas to industrial customers, local distribution companies, oil and gas marketers, major energy companies, pipeline companies, and power generation facilities.
Companies worth more than $10 billion are generally labeled as “large-cap” stocks, and Coterra Energy fits this criterion perfectly. The company strives to be a leading energy producer, delivering sustainable returns through its diversified asset base. CTRA has focused operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin.
