US Permian oil output growth to slow in 2025 despite Trump's plan, executives say By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 06 2025
0mins
Source: Investing.com
Permian Basin Production Forecast: Growth in oil output from the U.S. Permian basin is expected to slow by at least 25% this year, with projections of an increase of 250,000 to 300,000 barrels per day in 2025, down from last year's 380,000 bpd rise.
Shift in Producer Strategy: Energy executives indicate that producers are focusing on controlled capital spending and returning cash to shareholders rather than aggressively increasing production, contrasting with the previous shale boom mentality.
Analyst Views on CTRA
Wall Street analysts forecast CTRA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CTRA is 32.50 USD with a low forecast of 27.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
12 Buy
1 Hold
0 Sell
Strong Buy
Current: 27.280
Low
27.00
Averages
32.50
High
37.00
Current: 27.280
Low
27.00
Averages
32.50
High
37.00
About CTRA
Coterra Energy Inc. is an exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale and Anadarko Basin. The Company is engaged in the development, exploration and production of oil, natural gas and natural gas liquids exclusively within the continental United States. Its Permian Basin operation consists of approximately 345,000 net acres. Its development activities are primarily focused on the Wolfcamp Shale and the Bone Spring formation in Culberson and Reeves Counties in Texas and Lea and Eddy Counties in New Mexico. Its Marcellus Shale operation includes properties that are principally located in Susquehanna County, Pennsylvania, where it holds approximately 186,000 net acres in the dry gas window of the Marcellus Shale. Its Anadarko Basin operation holds around 182,000 net acres that are located in Oklahoma. Its development activities are primarily focused on both the Woodford Shale and the Meramec formations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
