NYSE:COG - Cabot Oil & Gas Stock Price, News, & Analysis

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$26.73 +0.72 (+2.77 %)
(As of 04/26/2019 12:20 PM ET)
Previous Close$26.01
Today's Range$26.27 - $26.89
52-Week Range$20.94 - $27.65
Volume5.68 million shs
Average Volume5.85 million shs
Market Capitalization$11.32 billion
P/E Ratio23.65
Dividend Yield1.07%
Beta0.62
Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily focuses on the Marcellus Shale with approximately 174,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company sells its natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through gathering systems and pipelines. As of December 31, 2018, it had proved reserves of approximately 11.6 trillion cubic feet equivalent. The company was incorporated in 1989 and is headquartered in Houston, Texas.

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Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP12709710
Phone281-589-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.19 billion
Cash Flow$2.1946 per share
Book Value$4.84 per share

Profitability

Net Income$557.04 million

Miscellaneous

Employees483
Market Cap$11.32 billion
Next Earnings Date4/26/2019 (Confirmed)
OptionableOptionable

Cabot Oil & Gas (NYSE:COG) Frequently Asked Questions

What is Cabot Oil & Gas' stock symbol?

Cabot Oil & Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "COG."

How often does Cabot Oil & Gas pay dividends? What is the dividend yield for Cabot Oil & Gas?

Cabot Oil & Gas declared a quarterly dividend on Friday, April 26th. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.09 per share on Wednesday, May 29th. This represents a $0.36 annualized dividend and a yield of 1.35%. This is an increase from Cabot Oil & Gas's previous quarterly dividend of $0.07. View Cabot Oil & Gas' Dividend History.

How will Cabot Oil & Gas' stock buyback program work?

Cabot Oil & Gas announced that its Board of Directors has authorized a share repurchase program on Friday, February 23rd 2018, which authorizes the company to buyback 30,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

How were Cabot Oil & Gas' earnings last quarter?

Cabot Oil & Gas Co. (NYSE:COG) released its quarterly earnings results on Friday, April, 26th. The oil and gas exploration company reported $0.73 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.64 by $0.09. The oil and gas exploration company earned $641.70 million during the quarter, compared to analysts' expectations of $674.71 million. Cabot Oil & Gas had a net margin of 25.46% and a return on equity of 23.35%. The firm's revenue was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.28 EPS. View Cabot Oil & Gas' Earnings History.

When is Cabot Oil & Gas' next earnings date?

Cabot Oil & Gas is scheduled to release their next quarterly earnings announcement on Friday, April 26th 2019. View Earnings Estimates for Cabot Oil & Gas.

What price target have analysts set for COG?

20 analysts have issued 12-month price objectives for Cabot Oil & Gas' stock. Their forecasts range from $22.00 to $36.00. On average, they expect Cabot Oil & Gas' share price to reach $28.9488 in the next year. This suggests a possible upside of 8.3% from the stock's current price. View Analyst Price Targets for Cabot Oil & Gas.

What is the consensus analysts' recommendation for Cabot Oil & Gas?

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cabot Oil & Gas.

What are Wall Street analysts saying about Cabot Oil & Gas stock?

Here are some recent quotes from research analysts about Cabot Oil & Gas stock:
  • 1. Williams Capital analysts commented, "We maintain our Hold on valuaon (7.6x and 7.4x 2019 and 2020 EV/EBITDA, respec vely, a 2.4x premium to its peer average), especially following the recent outperformance (up 16.4% YTD vs. peers which are up an average of 4.9%). Strong 1Q19 results. COG reported clean EPS and DCFPS of $0.73/$1.20, above our esmates of $0.66/$1.15 and Consensus of $0.64/$1.10. 1Q19 EBITDA was $513.7 million, above our esmate of $494.6 million and Consensus of $477.9 million. 1Q19 producon was 2,276.0 Mmcf/d, 0.5% above our esmate of 2,265.4 Mmcf/d but in line with Consensus of 2,276.8 Mmcf/d. Moreover, the Company achieved the top-end of its guidance with 14 net compleons, below our esmate of 15 net compleons. 1Q1 9 realized natural gas price was $3.35/Mcf, slightly below our esmate of $3.37/Mcf." (4/21/2019)
  • 2. According to Zacks Investment Research, "Cabot's large acreage holdings in the fast-growing Marcellus Shale supports its target of boosting 2019 output by 20%. The company’s execution success, continued operational efficiency and improving well economics further improve its outlook. Cabot's manageable leverage and investor-friendly moves are other positives. The company is committed to returning more than half of its free cash flow to stock holders through share buybacks and dividends. Consequently, Cabot is expected to offer substantial upside potential from the current price levels and is viewed as a preferred energy play to own now." (4/2/2019)

Has Cabot Oil & Gas been receiving favorable news coverage?

News articles about COG stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Cabot Oil & Gas earned a news impact score of 2.0 on InfoTrie's scale. They also assigned news coverage about the oil and gas exploration company a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the stock's share price in the next few days.

Who are some of Cabot Oil & Gas' key competitors?

What other stocks do shareholders of Cabot Oil & Gas own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cabot Oil & Gas investors own include Bank of America (BAC), Intelsat (I), Fossil Group (FOSL), Antero Midstream GP (AMGP), Associated British Foods (ABF), Chaarat Gold (CGH), AMC Entertainment (AMC), Ciena (CIEN), First Data (FDC) and Apollo Global Management (APO).

Who are Cabot Oil & Gas' key executives?

Cabot Oil & Gas' management team includes the folowing people:
  • Mr. Dan O. Dinges, Chairman, Pres & CEO (Age 65)
  • Mr. Scott C. Schroeder, Exec. VP & CFO (Age 56)
  • Mr. Jeffrey W. Hutton, Sr. VP of Marketing (Age 63)
  • Mr. Phillip L. Stalnaker, Sr. VP of North Region (Age 59)
  • Mr. Steven W. Lindeman, Sr. VP of South Region & Engineering (Age 58)

Who are Cabot Oil & Gas' major shareholders?

Cabot Oil & Gas' stock is owned by a number of of institutional and retail investors. Top institutional investors include Los Angeles Capital Management & Equity Research Inc. (0.23%), CWM LLC (0.21%), Investec Asset Management LTD (0.15%), South Texas Money Management Ltd. (0.15%), Virginia Retirement Systems ET AL (0.11%) and Copeland Capital Management LLC (0.09%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Peter B Delaney, Robert Kelley and Todd M Roemer. View Institutional Ownership Trends for Cabot Oil & Gas.

Which major investors are selling Cabot Oil & Gas stock?

COG stock was sold by a variety of institutional investors in the last quarter, including Los Angeles Capital Management & Equity Research Inc., Investec Asset Management LTD, CWM LLC, State of Alaska Department of Revenue, NuWave Investment Management LLC, Bristol John W & Co. Inc. NY, Nisa Investment Advisors LLC and Retirement Systems of Alabama. Company insiders that have sold Cabot Oil & Gas company stock in the last year include Jeffrey W Hutton and Todd M Roemer. View Insider Buying and Selling for Cabot Oil & Gas.

Which major investors are buying Cabot Oil & Gas stock?

COG stock was bought by a variety of institutional investors in the last quarter, including South Texas Money Management Ltd., Virginia Retirement Systems ET AL, Dalton Greiner Hartman Maher & Co., First Quadrant L P CA, Augustine Asset Management Inc., Stoneridge Investment Partners LLC, Copeland Capital Management LLC and Meeder Asset Management Inc.. Company insiders that have bought Cabot Oil & Gas stock in the last two years include Peter B Delaney and Robert Kelley. View Insider Buying and Selling for Cabot Oil & Gas.

How do I buy shares of Cabot Oil & Gas?

Shares of COG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Cabot Oil & Gas' stock price today?

One share of COG stock can currently be purchased for approximately $26.73.

How big of a company is Cabot Oil & Gas?

Cabot Oil & Gas has a market capitalization of $11.32 billion and generates $2.19 billion in revenue each year. The oil and gas exploration company earns $557.04 million in net income (profit) each year or $1.13 on an earnings per share basis. Cabot Oil & Gas employs 483 workers across the globe.

What is Cabot Oil & Gas' official website?

The official website for Cabot Oil & Gas is http://www.cabotog.com.

How can I contact Cabot Oil & Gas?

Cabot Oil & Gas' mailing address is 840 Gessner Road Suite 1400, Houston TX, 77024. The oil and gas exploration company can be reached via phone at 281-589-4600 or via email at [email protected]


MarketBeat Community Rating for Cabot Oil & Gas (NYSE COG)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  643 (Vote Outperform)
Underperform Votes:  688 (Vote Underperform)
Total Votes:  1,331
MarketBeat's community ratings are surveys of what our community members think about Cabot Oil & Gas and other stocks. Vote "Outperform" if you believe COG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe COG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/26/2019 by MarketBeat.com Staff

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