8 Most Undervalued Natural Gas Stocks To Buy According To Analysts

6. Coterra Energy Inc. (NYSE:CTRA

Upside Potential: 32.29%

Forward P/E Ratio as of December 9: 9.03

Number of Hedge Fund Investors: 39

Stock Price as of December 9: $24.93

Coterra Energy Inc. (NYSE:CTRA) was formed in late 2021 as a result of a merger between Cimarex Energy Co. with Cabot Oil & Gas. Coterra Energy Inc. (NYSE:CTRA) operates a diverse portfolio of oil and natural gas assets, with significant natural gas production in the Marcellus Shale.

Coterra Energy Inc. (NYSE:CTRA) is actively positioning itself for significant growth in the natural gas sector by leveraging its robust asset portfolio and strategic initiatives to capitalize on future market opportunities. One of the key strategies is the company’s focus on enhancing capital efficiency and operational excellence. Moreover, Coterra Energy Inc. (NYSE:CTRA) is entering into long-term LNG sales agreements. The company has recently executed 200,000 MMBtu per day of LNG sales commitments, split evenly between European and Asian markets, with the first sales scheduled for 2027 and 2028. These agreements are net-back sales deals directly linked to international gas price indexes and provide exposure to premium pricing.

Additionally, Coterra Energy Inc. (NYSE:CTRA) is continuously exploring new opportunities to enhance its gas portfolio. The company is open to strategic bolt-on acquisitions that can add to its existing inventory and provide a deeper, more diversified asset base.