Coterra shifts its view on oil, again. Here are our 3 takeaways as investors in the stock

Coterra energy focuses on oil again. CEO Thomas Jorden shared the company's decision not to reduce the number of oil equipment at the JPMorgan Energy Conference at the beginning of this week. Here are a few important inferences for investors. 1. For beginners, the movement indicates that Coterra is confident in the direction of oil markets - and more confidence in the point of view of the economy, which exists in nature. In addition to the first quarter earnings report in early May, COTERRA said it plans to shift some capital expenditures from oil assets to natural gas production due to concerns about potential tariff -oriented recession that would disrupt oil demand and lead to lower prices. As a part of the shift, the company said it plans to reduce the number of oil equipment in the Permian Basin to Seven. Now they are walking back this change. "Currently we are nine years old. [oil rigs] And we have very little in the contract, so we have flexibility, "Jorden said at the conference on Tuesday." We were looking at the possibility of a collapse. "By explaining the company's opinion last month." @CL.1 3M Mountain WTI reported that COTERRA reported that he was chaired by the three -month performance on May 2, when he reported his three -month performance after the 20th time, after the 20 -year -old. "The oil cartridge OPEC has increased production because it led to more aggressive trade policies, as it led to the beginning of the Iran-Israel conflict. This week is seen only as a conflict of Iran-Israel, and for now, if Coterra has changed once more, Coterra said that Coterra earns more money once again. Since the company's concerns are related to the growth of at least 5% of the oil production in the year, the number of equipment that may be in the third place is that COTERRA may be higher, and the higher the end of the COTERRA. At the same time, COTERRA's decision to keep it fixed for now, "the Constitutional Pipeline Project, which starts at the Anadarko Basin, is planned to be a full list of JIM CRAMC. Before you buy a trade alarm before you buy a stock on TV, you will receive a trade warning before you get a trade warning.