5 Best Affordable Stocks to Buy Now

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1. Coterra Energy Inc. (NYSE:CTRA)

Price as of August 3: $28.68

Coterra Energy Inc. (NYSE:CTRA) is a US-based oil and gas company operating mainly in the Marcellus Shale. The company also has properties in the Permian Basin and the Anadarko Basin. As of August 2, the company shares were up 50.13% year-to-date.

On August 2, Coterra Energy Inc. (NYSE:CTRA) declared a quarterly dividend of $0.65, to be paid on August 25 to shareholders of record on August 15. This will bring the quarterly shareholder return to $1.03 per share, including $0.38 per share of repurchases. The total shareholder returns were around 80% of the Q2 2022 free cash flow. Furthermore, Coterra Energy Inc. (NYSE:CTRA) made $303 million worth of repurchases in the second quarter.

You can also take a look at 10 Stocks To Buy According to William Von Mueffling’s Cantillon Capital Management and 10 Important Energy Stocks Making Moves After Earnings.

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