Valued at a market cap of almost $18.7 billion, Coterra Energy Inc. (CTRA) is a premier, diversified energy company that engages in the development, exploration, and production of oil, natural gas, and natural gas liquids in the United States. 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 valued at over $10 billion are typically classified as “large-cap stocks,” and Coterra Energy fits the label perfectly. The energy giant embraces innovation and technology and focuses on sustainable development. It has operations in the Permian Basin, Marcellus Shale, and the Anadarko Basin.
