Coterra stock slips as natural gas prices slide 5% — what traders watch next
Coterra Energy shares closed down 2.93% at $25.82 Monday as U.S. natural gas futures fell 5.7% to $3.41 per mmBtu on warmer weather forecasts. Traders are watching Thursday’s U.S. storage report for signals on winter demand. CFO Shane Young will speak at a Goldman Sachs energy conference Tuesday.