Up 57% This Year, Is Coterra Energy Still a Buy?

Up 57% This Year, Is Coterra Energy Still a Buy?

Oil and gas stocks have provided a refuge for investors fleeing the turmoil of the wider markets in 2022. Generally speaking, oil and gas producers tend to be deep-value stocks -- boasting modest price-to-earnings valuations and paying above-average dividends to shareholders. One such name is Coterra Energy (NYSE: CTRA), an oil and gas exploration company based in Houston.