| Stock Ticker | Home Page | Asset Class | Sector | Industry | Investment Strategy | Dividend Frequency | Geographic Focus |
|---|---|---|---|---|---|---|---|
| CTRA | Coterra Energy Inc. | Stock / Equity | Energy | Oil & Gas E&P | Value | Quarterly | United States |
Coterra Energy Inc. (CTRA) is a leading independent oil and natural gas company with a strong focus on generating attractive returns for its shareholders. One of the key factors that make CTRA an attractive investment option is its commitment to paying attractive dividends.
CTRA has a solid track record of rewarding its shareholders with consistent dividend payments. The company's strong cash flow generation, driven by its diversified portfolio of high-quality assets and efficient operations, has enabled it to maintain a sustainable dividend policy. Additionally, CTRA has demonstrated a commitment to growing its dividends over time, with several dividend increases in recent years. This dividend growth not only provides investors with a steady stream of income but also reflects the company's confidence in its future prospects. As the energy industry continues to evolve, CTRA's focus on operational excellence, disciplined capital allocation, and commitment to sustainability position it well to capitalize on emerging opportunities, further strengthening its ability to sustain and potentially increase its dividend payments in the years to come.
| Section | Information |
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Overview |
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Business Description |
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Industry Competition |
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Competitive Advantage |
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Management Team |
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Financial Performance |
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Investment Thesis |
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Conclusion |
CTRA presents a compelling investment opportunity for dividend investors seeking high yields and long-term growth potential. Its strong financial position, consistent dividend growth history, and significant reserves position the company for continued success. However, investors should acknowledge the risks associated with the energy sector, including commodity price volatility and geopolitical events. Overall, CTRA is a strong choice for investors seeking a high-yielding dividend stock with solid growth prospects. |
| Section | Details |
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CTRA Dividend Data |
Coterra Energy Inc. (CTRA) is an oil and natural gas company that has been paying dividends for many years. The annual dividend for CTRA shares is $1.00. Coterra pays quarterly dividends to shareholders. |
CTRA Dividend Yield |
The current dividend yield for CTRA is approximately 2.2%. This means that for every $100 invested in the company's stock, investors would receive $2.20 in dividends per year. |
CTRA Dividend History |
Over the past three years, Coterra's dividend has shown steady growth. The company has increased its dividend for several consecutive years. The most recent change in the company's dividend was an increase of $0.07 per share in October 2022. |
CTRA Dividend Payout & Dividend Payout Ratio |
The dividend payout ratio for CTRA is currently around 30% based on the trailing year of earnings. This indicates that Coterra is paying out a modest portion of its earnings as dividends, leaving room for future dividend growth. |
CTRA Dividend Stability & Growth |
Coterra has a track record of consistently increasing its dividends over time. The company's strong cash flow generation, efficient operations, and disciplined capital allocation have supported the stability and growth of its dividend. While the dividend yield may not be the highest in the energy sector, Coterra's commitment to returning value to shareholders through dividends and share buybacks has been a priority for the company. |
| CTRA (Coterra Energy Inc.) | MRO (Marathon Oil Corporation) | OXY (Occidental Petroleum Corporation) | |
|---|---|---|---|
Industry Focus |
Exploration and production of oil and natural gas | Exploration and production of oil and natural gas | Exploration and production of oil and natural gas |
Current Yield |
Approximately 2.2% | Approximately 1.3% | Approximately 0.8% |
Price-to-Earnings Ratio (P/E) |
Approximately 4.9 | Approximately 6.2 | Approximately 5.1 |
Investment Strategy |
Focus on low-cost, high-margin oil and gas assets, disciplined capital allocation, and shareholder returns | Diversified portfolio of oil and gas assets, operational efficiency, and cost control | Integrated exploration and production, midstream operations, and chemical production |
While CTRA's dividend has been attractive, with a current yield of 3.19% and a history of growth, there are some risks and factors to consider. As an oil and gas company, CTRA's dividend payout ratio and ability to sustain dividends are heavily influenced by commodity prices and industry cycles.
A prolonged downturn in oil and gas prices could impact CTRA's earnings per share and cash flow, potentially hampering its capacity to maintain or increase dividends. Furthermore, the company's dividend yield vs. its peers may fluctuate, indicating that the broader industry environment plays a crucial role in assessing CTRA's dividend attractiveness.
CTRA's dividend data and historical dividend information suggest a track record of stability and growth, but investors should monitor factors like the upcoming dividend payment dates, the next ex-dividend date, and any changes to the dividend frequency or amount (e.g., the recent increase to $0.21 per share quarterly). While TipRanks currently has a "Buy" rating on CTRA, this metric is solely an informational indicator and does not guarantee future dividend sustainability.
It's essential to consider CTRA's dividend in the context of the company's overall financial health, growth prospects, and risk factors specific to the energy sector. Investors may want to consult with financial advisors to determine if CTRA's dividend-paying stock aligns with their investment objectives and risk tolerance.