We're be buying 400 shares of Coterra Energy (CTRA) at roughly $26.79 each.
Following Tuesday's trade, Jim Cramer's Charitable Trust will own 1,550 shares of CTRA, increasing its weighting in the portfolio to 1.48% from 1.1%.
The energy trade may be the group hit hardest Tuesday as worries about the China economic recovery, which continues to disappoint, put pressure on oil prices.
CTRA YTD mountain Coterra Energy YTD performance Shares of Coterra Energy dropped more than 3.5% on Tuesday morning, one day after reporting second-quarter earnings .
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Persons:
We're, Jim Cramer's, Moody's, Coterra, we're, Jim Cramer, Jim, Spencer Platt
Organizations:
Coterra Energy, CTRA, Texas, Natural Resources, CNBC, New York Stock Exchange, Getty
Locations:
China