Seattle Seahawks Initiate Sale Process Following Paul Allen's Estate
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 20 2026
0mins
Should l Buy CTRA?
Source: Benzinga
- Sale Process Initiated: The Seattle Seahawks officially kick off the sale process following Paul Allen's death, hiring Allen & Co. and Latham & Watkins as advisors, marking a significant transition for the franchise.
- Historical Context: Paul Allen purchased the Seahawks in 1997 and led the team to its first Super Bowl victory in 2013, and the sale will conclude his long-term influence on the franchise.
- Succession Management: After Allen's passing, his sister Jody Allen became the chair of the team, and under the terms of Allen's will, the Seahawks are to be sold at a future date, with proceeds likely directed toward charitable causes.
- Charitable Impact: The proceeds from the sale are expected to support various charitable initiatives, reflecting the Allen family's commitment to social responsibility, while also potentially impacting the team's future operations and management structure.
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Analyst Views on CTRA
Wall Street analysts forecast CTRA stock price to rise
12 Analyst Rating
10 Buy
2 Hold
0 Sell
Strong Buy
Current: 31.510
Low
28.00
Averages
33.90
High
50.00
Current: 31.510
Low
28.00
Averages
33.90
High
50.00
About CTRA
Coterra Energy Inc. is an exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale and Anadarko Basin. The Company is engaged in the development, exploration and production of oil, natural gas and natural gas liquids exclusively within the continental United States. Its Permian Basin operation consists of approximately 345,000 net acres. Its development activities are primarily focused on the Wolfcamp Shale and the Bone Spring formation in Culberson and Reeves Counties in Texas and Lea and Eddy Counties in New Mexico. Its Marcellus Shale operation includes properties that are principally located in Susquehanna County, Pennsylvania, where it holds approximately 186,000 net acres in the dry gas window of the Marcellus Shale. Its Anadarko Basin operation holds around 182,000 net acres that are located in Oklahoma. Its development activities are primarily focused on both the Woodford Shale and the Meramec formations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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