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Invesco boosted its stake in oil firm Coterra Energy by 9%, owning shares worth $312 million.
Invesco Ltd. increased its holdings in oil and gas company Coterra Energy by 9.0%, now owning 12.2 million shares worth around $312 million.
Coterra Energy, focused on U.S. oil and gas production, has seen key executives sell shares recently.
The company has a market cap of $19.78 billion and a consensus "Moderate Buy" rating with a target price of $34.15.
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Invesco incrementó su participación en la compañía petrolera Coterra Energy en un 9%, poseyendo acciones por valor de $312 millones.