Why we still like Coterra Energy despite the recent fall in natural gas prices

Natural gas prices jumped Thursday following a multiweek swoon, providing a lift to shares of Club holding Coterra Energy , which lately has relied on the commodity for more than half its operating revenues. U.S. natural gas prices rose nearly 4% Thursday to roughly $3.81 per million British thermal units . Coterra shares climbed nearly 3% to over $25 apiece. Thursday's natural gas gains — on top of a 0.88% jump on Wednesday — reverse some of its recent losses. But only partially.

Pipes at the landfall facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany, March 8, 2022.Natural gas prices jumped Thursday following a multiweek swoon, providing a lift to shares of Club holding

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