About Cabot Oil & Gas (NYSE:COG)
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. As of December 31, 2016, its exploration, development and production operations were primarily concentrated in two unconventional plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States. Its Marcellus Shale properties are principally located in Susquehanna County, Pennsylvania. Its properties in the Eagle Ford Shale are principally located in Atascosa, Frio and La Salle Counties, Texas.
Industry, Sector and Symbol
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio110.868675848902
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$1.76 billion
Price / Sales6.37
Cash Flow$1.74 per share
Price / Cash13.99
Book Value$5.46 per share
Price / Book4.47
Net Income$100.39 million
Return on Equity8.60%
Return on Assets4.45%
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 Wednesday, January 3rd. Investors of record on Wednesday, January 24th will be paid a dividend of $0.06 per share on Wednesday, February 7th. This represents a $0.24 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date of this dividend is Tuesday, January 23rd. This is a boost from Cabot Oil & Gas's previous quarterly dividend of $0.05. View Cabot Oil & Gas' Dividend History.
How will Cabot Oil & Gas' stock buyback program work?
Cabot Oil & Gas announced that its board has approved a stock repurchase program on Friday, February 23rd 2018, which allows the company to buyback 30,000,000 shares, according to EventVestor. This buyback authorization allows the company to buy shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.
How were Cabot Oil & Gas' earnings last quarter?
Cabot Oil & Gas Co. (NYSE:COG) issued its quarterly earnings data on Friday, February, 23rd. The oil and gas exploration company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.09 by $0.04. The oil and gas exploration company had revenue of $400.50 million for the quarter, compared to the consensus estimate of $422.12 million. Cabot Oil & Gas had a return on equity of 8.60% and a net margin of 5.69%. Cabot Oil & Gas's revenue for the quarter was up 26.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.01 earnings per share. View Cabot Oil & Gas' Earnings History.
When will Cabot Oil & Gas make its next earnings announcement?
Where is Cabot Oil & Gas' stock going? Where will Cabot Oil & Gas' stock price be in 2018?
20 Wall Street analysts have issued 1-year target prices for Cabot Oil & Gas' stock. Their forecasts range from $25.00 to $37.00. On average, they expect Cabot Oil & Gas' share price to reach $31.59 in the next year. View Analyst Ratings for Cabot Oil & Gas.
Are investors shorting Cabot Oil & Gas?
Cabot Oil & Gas saw a increase in short interest during the month of February. As of February 28th, there was short interest totalling 16,707,482 shares, an increase of 16.2% from the February 15th total of 14,377,482 shares. Based on an average daily volume of 5,993,471 shares, the days-to-cover ratio is currently 2.8 days. Approximately 3.7% of the company's shares are sold short.
Who are some of Cabot Oil & Gas' key competitors?
Some companies that are related to Cabot Oil & Gas include Concho Resources (CXO), Continental Resources (CLR), Devon Energy (DVN), Noble Energy (NBL), Apache (APA), EQT (EQT), Diamondback Energy (FANG), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), Antero Resources (AR), RSP Permian (RSPP), Energen (EGN), WPX Energy (WPX), Centennial Resource Development (CDEV), Newfield Exploration (NFX), Murphy Oil (MUR) and Crescent Point Energy (CPG).
Who are Cabot Oil & Gas' key executives?
Cabot Oil & Gas' management team includes the folowing people:
- Dan O. Dinges, Chairman of the Board, President, Chief Executive Officer (Age 63)
- Scott C. Schroeder, Chief Financial Officer, Executive Vice President (Age 54)
- Jeffrey W. Hutton, Senior Vice President of Marketing (Age 61)
- Todd L. Liebl, Vice President - Land and Business Development (Age 59)
- George Kevin Cunningham, Vice President, General Counsel (Age 63)
- Todd M. Roemer, Vice President, Controller (Age 46)
- Matthew P. Kerin, Vice President, Treasurer (Age 36)
- Steven W. Lindeman, Vice President - Engineering & Technology (Age 56)
- Phillip L. Stalnaker, Vice President - Regional Manager, North Region (Age 57)
- Deidre L. Shearer, Corporate Secretary, Managing Counsel (Age 49)
Has Cabot Oil & Gas been receiving favorable news coverage?
News stories about COG stock have trended positive this week, Accern Sentiment reports. The research group identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cabot Oil & Gas earned a daily sentiment score of 0.46 on Accern's scale. They also gave news headlines about the oil and gas exploration company an impact score of 46.06 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Cabot Oil & Gas' major shareholders?
Cabot Oil & Gas' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.91%), Sanders Capital LLC (6.42%), Amundi Pioneer Asset Management Inc. (2.17%), Bank of New York Mellon Corp (1.52%), Franklin Resources Inc. (1.19%) and King Luther Capital Management Corp (1.12%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, George Kevin Cunningham, Jeffrey W Hutton, Robert Kelley, Robert S Boswell 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 Millennium Management LLC, Anchor Bolt Capital LP, Franklin Resources Inc., Lazard Asset Management LLC, SIR Capital Management L.P., SailingStone Capital Partners LLC, Mackenzie Financial Corp and Virtus Fund Advisers LLC. Company insiders that have sold Cabot Oil & Gas company stock in the last year include Dan O Dinges, 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 Luminus Management LLC, Bank of New York Mellon Corp, Element Capital Management LLC, Renaissance Technologies LLC, Boston Partners, First Quadrant L P CA, Schroder Investment Management Group and Arrowstreet Capital Limited Partnership. Company insiders that have bought Cabot Oil & Gas stock in the last two years include Robert Kelley and Robert S Boswell. 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 $24.39.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $11.09 billion and generates $1.76 billion in revenue each year. The oil and gas exploration company earns $100.39 million in net income (profit) each year or $0.22 on an earnings per share basis. Cabot Oil & Gas employs 308 workers across the globe.
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 (COG)MarketBeat's community ratings are surveys of what our community members think about Cabot Oil & Gas and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Cabot Oil & Gas (NYSE:COG) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Buy||Buy||Buy||Buy|
|Consensus Rating Score: ||2.55||2.50||2.57||2.60|
|Ratings Breakdown: ||2 Sell Rating(s)|
5 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
7 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
7 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
8 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$31.59||$31.44||$30.89||$29.61|
|Price Target Upside: ||29.51% upside||33.01% upside||14.53% upside||10.45% upside|
Cabot Oil & Gas (NYSE:COG) Consensus Price Target History
Cabot Oil & Gas (NYSE:COG) Analyst Ratings History
(Data available from 3/22/2016 forward)
Cabot Oil & Gas (NYSE:COG) Earnings History and Estimates Chart
Cabot Oil & Gas (NYSE COG) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/23/2018||Q4 2017||$0.09||$0.13||$422.12 million||$400.50 million||View||Listen|
|10/27/2017||Q3 2017||$0.08||$0.07||$400.85 million||$385.40 million||View||N/A|
|7/27/2017||Q2 2017||$0.15||$0.14||$454.76 million||$460.50 million||View||N/A|
|4/28/2017||Q1 17||$0.16||$0.19||$464.45 million||$517.80 million||View||N/A|
|2/24/2017||Q416||$0.01||$0.01||$358.55 million||$316.50 million||View||N/A|
|10/28/2016||Q316||($0.04)||($0.05)||$325.25 million||$310.43 million||View||Listen|
|7/29/2016||Q216||($0.08)||($0.07)||$270.13 million||$246.80 million||View||Listen|
|4/29/2016||Q116||($0.14)||($0.13)||$273.48 million||$281.90 million||View||Listen|
|2/19/2016||Q415||($0.04)||($0.02)||$334.15 million||$280.80 million||View||Listen|
|10/23/2015||Q315||$0.01||($0.01)||$363.54 million||$305.30 million||View||Listen|
|7/24/2015||Q215||$0.04||$0.03||$376.54 million||$306.30 million||View||Listen|
|4/24/2015||Q115||$0.04||$0.11||$430.43 million||$464.77 million||View||N/A|
|2/20/2015||Q414||$0.23||$0.22||$567.70 million||$618.00 million||View||N/A|
|10/24/2014||Q314||$0.23||$0.19||$519.80 million||$512.02 million||View||Listen|
|7/24/2014||Q214||$0.25||$0.27||$526.03 million||$533.19 million||View||N/A|
|4/24/2014||Q114||$0.28||$0.26||$524.35 million||$509.80 million||View||N/A|
|2/20/2014||Q413||$0.18||$0.18||$475.78 million||$487.50 million||View||N/A|
|10/24/2013||Q313||$0.19||$0.18||$450.81 million||$435.85 million||View||N/A|
|7/24/2013||Q2 2013||$0.39||$0.45||$435.32 million||$449.68 million||View||N/A|
|4/24/2013||Q1 2013||$0.25||$0.26||$367.38 million||$373.29 million||View||N/A|
|2/21/2013||Q4 2012||$0.21||$0.27||$348.70 million||$369.88 million||View||N/A|
Cabot Oil & Gas (NYSE:COG) Earnings Estimates
2018 EPS Consensus Estimate: $0.97
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Cabot Oil & Gas (NYSE:COG) Dividend Information
|Most Recent Dividend:||2/7/2018|
|Dividend Growth:||28.60% (3 Year Average)|
|Payout Ratio:||109.10% (Trailing 12 Months of Earnings) |
25.00% (Based on This Year's Estimates)
Cabot Oil & Gas (NYSE:COG) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Cabot Oil & Gas (NYSE COG) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.60%
Institutional Ownership Percentage: 98.49%
Cabot Oil & Gas (NYSE COG) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|11/2/2017||Dan O Dinges||Chairman||Sell||66,610||$27.92||$1,859,751.20||2,887,018|| |
|10/31/2017||Robert Kelley||Director||Buy||2,000||$27.47||$54,940.00||619,500|| |
|9/5/2017||Jeffrey W Hutton||Insider||Sell||11,918||$26.79||$319,283.22||635,124|| |
|5/5/2017||Todd M Roemer||Insider||Sell||3,737||$24.12||$90,136.44||62,453|| |
|9/13/2016||George Kevin Cunningham||Insider||Sell||3,000||$25.25||$75,750.00||35,990|| |
|6/21/2016||George Kevin Cunningham||General Counsel||Sell||6,178||$25.32||$156,426.96||38,990|| |
|5/5/2016||George Kevin Cunningham||General Counsel||Sell||8,500||$24.26||$206,210.00||45,168|| |
|5/5/2016||Robert S Boswell||Director||Buy||5,000||$24.35||$121,750.00||15,360|| |
|12/28/2015||George Kevin Cunningham||General Counsel||Sell||5,670||$17.16||$97,297.20||36,540|| |
|9/29/2015||George Kevin Cunningham||General Counsel||Sell||3,623||$22.37||$81,046.51||42,210|| |
|4/30/2015||Scott C Schroeder||CFO||Sell||26,316||$33.76||$888,428.16|| |
|2/26/2015||Rhys J Best||Director||Buy||5,000||$29.02||$145,100.00|| |
|10/28/2014||P Dexter Peacock||Director||Sell||100,000||$30.75||$3,075,000.00|| |
|6/30/2014||George Kevin Cunningham||General Counsel||Sell||2,950||$34.20||$100,890.00|| |
|5/5/2014||P Dexter Peacock||Director||Sell||30,000||$38.63||$1,158,900.00||357,745|| |
|12/20/2013||Deidre Shearer||Insider||Sell||1,000||$38.53||$38,530.00||2,453|| |
|11/8/2013||Robert Kelley||Director||Buy||14,000||$33.05||$462,700.00||486,596|| |
|10/28/2013||George Kevin Cunningham||General Counsel||Sell||2,000||$36.60||$73,200.00|| |
|7/29/2013||George Kevin Cunningham||General Counsel||Sell||5,922||$76.60||$453,625.20|| |
Cabot Oil & Gas (NYSE COG) News Headlines
Cabot Oil & Gas (NYSE:COG) SEC Filings
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Cabot Oil & Gas (NYSE:COG) Income Statement, Balance Sheet and Cash Flow Statement
Cabot Oil & Gas (NYSE COG) Stock Chart for Thursday, March, 22, 2018