10 Firms Stand Strong Amid Market Decline

6. Coterra Energy Inc. (CTRA)

Coterra Energy (CTRA), a company engaged in natural gas and hydrocarbon exploration, registered a 3.57-percent increase in share prices or 0.88 points to close at $25.52 each on Monday.

As 2024 comes to a close, analysts believe that trading in the company was buoyed by the spike in natural gas prices amid high demand for electricity as the US looks to welcome a cold 2025, with the peak season expected to occur in the second week of January.

In addition, Coterra Energy recently announced it has exceeded its 2024 plan, bolstering growth projections heading into 2025.

According to the company, total barrels of oil equivalent (BOE) production, natural gas production, and oil production all beat the high end of guidance, and capital expenditures came in below the low end of guidance.