With a market cap of $20.5 billion, Coterra Energy Inc. (CTRA) is an independent oil and gas company focused on exploring, developing, and producing oil, natural gas, and natural gas liquids across the United States. Its major assets span the Permian Basin in Texas and New Mexico, the Marcellus Shale in Pennsylvania, and the Anadarko Basin in Oklahoma.
Companies valued at $10 billion or more are generally considered "large-cap" stocks, and Coterra Energy fits this criterion perfectly. The company also operates natural gas and saltwater gathering and disposal systems and markets its production to a wide range of industrial and energy customers.
