I added to my position in Coterra Energy (CTRA) following its strong Q2 performance and UBS’s reaffirmed Buy rating with a $30 price target. Despite a lower-than-expected gas price, CTRA beat expectations on oil with a $64.01 post-hedge realized price per barrel. The company’s savvy hedging strategy yielded $35 million in net cash settlements, enhancing its cash flow stability. These solid fundamentals and strategic risk management reinforce my confidence in the company’s ability to navigate commodity price volatility and reward shareholders.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Buy Open | 24.39 0 | -- Closed |
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.
- Porter Harry·2025-08-07Solid add! Hedging win + strong oil performance = defensive play with upside. Let’s see if $30 becomes reality soon. 💪📈LikeReport
- mizzmo·2025-08-07Great analysisLikeReport