Devon Energy outlines $1B annual synergy target by 2027 following Coterra merger, signals enhanced shareholder returns [Seeking Alpha]
Coterra Energy Inc. (CTRA)
Last coterra energy inc. earnings: 3/18 07:30 am
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US:NASDAQ Investor Relations:
conturaenergy.com/financials
Company Research
Source: Seeking Alpha
Clay Gaspar, President and CEO, highlighted the recently announced merger with Coterra Energy, stating this creates "a clear path to superior value creation that neither company could achieve independently" and forms a "world-class position in Fresh Stock Ideas, Every Day Explore diverse investing perspectives with daily analysis from experts across the market. Subscribe to Stock Ideas Sign Up Quick Insights Management projects the merger will create a path to superior value, generating over $1 billion in annual pretax run rate synergies by 2027—surpassing what either company could achieve individually, largely due to Delaware Basin scale and inventory. Devon reported improvements in key metrics: $700 million in Q4 free cash flow, $3.1 billion for 2025, beating production and operating cost guidance, and reaching 85% of the $1 billion optimization savings target, signaling strong operational execution. Management plans to accelerate capital returns via higher dividend
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CTRA
News
- Is Coterra Energy Inc. (CTRA) One of the High-Growth, Low P/E Stocks to Buy Now? [Yahoo! Finance]Yahoo! Finance
- Coterra Energy (NYSE:CTRA) had its price target raised by analysts at Raymond James Financial, Inc. from $31.00 to $34.00. They now have an "outperform" rating on the stock.MarketBeat
- Coterra Energy (NYSE:CTRA) had its price target lowered by analysts at TD Cowen from $33.00 to $32.00. They now have a "buy" rating on the stock.MarketBeat
- Coterra Energy (NYSE:CTRA) was upgraded by analysts at TD Cowen to a "strong-buy" rating.MarketBeat
- Coterra Energy (CTRA) and Devon Energy (DVN) to Merge in an All-Stock Deal Worth $58 Billion [Yahoo! Finance]Yahoo! Finance
CTRA
Earnings
- 11/3/25 - Miss
CTRA
Sec Filings
- 2/9/26 - Form 4
- 2/9/26 - Form 4
- 2/9/26 - Form 4
- CTRA's page on the SEC website