Valued at $26.9 billion by market cap, Coterra Energy Inc. (CTRA) is a Texas-based independent exploration and production company focused on natural gas, oil, and natural gas liquids. It operates as a pure upstream energy player, meaning its core business is discovering, developing, and producing hydrocarbons rather than refining or distributing them.
CTRA has surged 42.2% over the past year, outshining the broader S&P 500 Index ($SPX), which rallied nearly 29%. It has rallied 34.4% on a YTD basis, comfortably outpacing the index’s 5.6% year-to-date gain.
