| 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. |
When researching a stock like Coterra Energy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from CTRA Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for CTRA stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the CTRA 200 day moving average ("CTRA 200 DMA"), while one of the most popular "shorter look-backs" is the CTRA 50 day moving average ("CTRA 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Coterra Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the CTRA 200 DMA and the CTRA 50 DMA, we get a moving average convergence divergence indicator ("CTRA MACD"). The CTRA MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).