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Research Alert: CFRA Drops Coverage On Shares Of Coterra Energy Inc.

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-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

We are dropping coverage on shares of CTRA, a U.S. independent oil and gas producer, as the company is about to be acquired by peer Devon Energy Corporation (DVN 47 **). Our prior recommendation on the shares of CTRA was Hold. Shareholders of both CTRA and DVN have approved the merger, and we expect the final trading day for CTRA to be Thursday, May 7.

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