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CTRA Buyback image

Contura Energy, Inc. Buyback

OLI recorded this information on 12/6/2018

Company: Contura Energy, Inc.
Buyback: CTRA buyback
$Amount Authorized: $15,000,000
Buyback Details: Contura Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today announced that its Board of Directors has approved a stock repurchase plan (the "Company Repurchase Plan") to acquire up to $15 million in the aggregate of the company's common stock at prices as set forth in such plan over a specified period, in accordance with the guidelines specified in Rule 10b-18 and Rule 10b5-1 of the Securities Exchange Act of 1934.

Coterra Energy is an independent oil and gas company engaged in the development, exploration and production of oil, natural gas and natural gas liquids. Co.'s assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable development programs. Co. operates in one segment, oil and natural gas development, exploration and production, in the continental U.S. Co.'s operations are primarily concentrated in three operating areas, the Marcellus Shale in northeast Pennsylvania, the Permian Basin in west Texas and southeast New Mexico and the Anadarko Basin in the Mid-Continent region in Oklahoma.

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CTRA — Key Stats (updated 19 hours, 56 minutes ago)
Company Name:  Coterra Energy Inc
Stock buyback:  CTRA buyback
Website:  www.coterra.com
Sector:  Oil & Gas Exploration & Production
Number of ETFs Holding CTRA:  109
Total Market Value Held by ETFs:  $4.30B
Total Market Capitalization:  $21.15B
% of Market Cap. Held by ETFs:  20.33%
 

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April 26, 2024  •  6:35 AM Eastern
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Avg. Broker Rec.

Buy (3.38 out of 4)
51st percentile
(ranked higher than approx. 51% of all stocks covered)

Analysts' Target Price:
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