BUZZ-Coterra Energy gains as William Blair initiates coverage with 'outperform' rating

Reuters
Nov 26, 2025
BUZZ-Coterra Energy gains as William Blair initiates coverage with 'outperform' rating

** Shares of Coterra Energy CTRA.N up 1.3% at $26.17

** William Blair initiates coverage on energy company with "outperform" rating

** Brokerage expects Coterra's diversified Permian and Marcellus footprint, combined with strong capital discipline, to drive 2026 production growth with sequentially lower capex

** "We anticipate a resumption of material shareholder return given the pristine balance sheet and potential for higher future free cash flow" - William Blair

** Brokerage adds it believes Coterra will sell its Mid-Continent assets to fund another Permian acquisition

** 21 of 25 brokerages rate the stock "buy" or higher and four "hold"; median PT is $32 - data compiled by LSEG

** Including session's moves, stock up 2.4% YTD

(Reporting by Dharna Bafna in Bengaluru)

((dharna.bafna@thomsonreuters.com))

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10