TD Cowen Maintains Buy Rating on Coterra Energy (CTRA) Stock

Coterra Energy Inc. (NYSE:CTRA) is one of the Best Low Priced Stocks to Buy According to Analysts. On November 3, David Deckelbaum from TD Cowen maintained a “Buy” rating on the company’s stock, with a price objective of $33.00. The analyst’s rating is backed by a combination of factors, including its pricing and financial performance.

Despite Coterra Energy Inc. (NYSE:CTRA)’s natural gas and NGL prices being lower than anticipated, the analyst highlighted that the oil prices marginally surpassed projections, demonstrating resilience in a volatile market.

In Q3 2025, Coterra Energy Inc. (NYSE:CTRA) highlighted that total equivalent production averaged 785.0 MBoepd (thousand barrels of oil equivalent per day), which was near the high-end of guidance (740 to 790 MBoepd). The oil production averaged 166.8 MBopd (thousand barrels of oil per day).

With respect to the realized average prices, oil was $64.10 per Bbl (barrel), which excludes the effect of commodity derivatives, and $64.79 per Bbl, including the effect of commodity derivatives. Coterra Energy Inc. (NYSE:CTRA) increased its 2025 full-year guidance, which includes increasing the total equivalent production range of up to 772 – 782 MBoepd and natural gas production range of up to 2,925 – 2,965 MMcfpd.

While we acknowledge the potential of CTRA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.