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

$16.10
-0.06 (-0.37 %)
(As of 12/15/2019 04:00 PM ET)
Today's Range
$15.91
Now: $16.10
$16.28
50-Day Range
$15.71
MA: $17.26
$19.09
52-Week Range
$15.61
Now: $16.10
$27.65
Volume6.31 million shs
Average Volume8.59 million shs
Market Capitalization$6.57 billion
P/E Ratio14.25
Dividend Yield2.48%
Beta0.48
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. Read More…

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$2.14 per share
Book Value$4.84 per share

Profitability

Net Income$557.04 million

Miscellaneous

Employees483
Market Cap$6.57 billion
Next Earnings Date2/28/2020 (Estimated)
OptionableOptionable

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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 Thursday, October 24th. Stockholders of record on Wednesday, November 6th will be paid a dividend of $0.10 per share on Friday, November 15th. This represents a $0.40 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Tuesday, November 5th. This is an increase from Cabot Oil & Gas's previous quarterly dividend of $0.09. View Cabot Oil & Gas' Dividend History.

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

Cabot Oil & Gas declared that its Board of Directors has authorized a stock buyback plan on Friday, July 26th 2019, which permits the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically 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) announced its earnings results on Thursday, October, 24th. The oil and gas exploration company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.25 by $0.04. The oil and gas exploration company had revenue of $429.11 million for the quarter, compared to analyst estimates of $453.73 million. Cabot Oil & Gas had a net margin of 34.86% and a return on equity of 34.92%. The company's revenue was down 21.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.25 earnings per share. 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, February 28th 2020. View Earnings Estimates for Cabot Oil & Gas.

What guidance has Cabot Oil & Gas issued on next quarter's earnings?

Cabot Oil & Gas issued an update on its FY19 earnings guidance on Thursday, October, 24th. The company provided earnings per share (EPS) guidance of $1.64-1.69 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.70.

What price target have analysts set for COG?

14 brokers have issued 12-month target prices for Cabot Oil & Gas' stock. Their forecasts range from $21.00 to $32.00. On average, they anticipate Cabot Oil & Gas' share price to reach $26.02 in the next twelve months. This suggests a possible upside of 61.6% from the stock's current price. View Analyst Price Targets for Cabot Oil & Gas.

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 5 hold ratings and 9 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. According to Zacks Investment Research, "Cabot Oil & Gas Corporation beat earnings expectations in its Q1 report. The company benefitted from its large acreage holdings in the fast-growing Marcellus Shale. Production from the region grew 25% during the quarter and Cabot expects to increase output by 20% in 2019 on the back of its impressive portfolio. 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. Bringing good news for investors, the natural gas explorer raised quarterly dividend by 29%. However, being a natural gas-weighted company, Cabot continues to reel under the effects of the commodity's price struggles. Lowering of annual production guidance keep us worried. Considering these factors, upside from current levels appear limited." (5/20/2019)
  • 2. 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)

Has Cabot Oil & Gas been receiving favorable news coverage?

News headlines about COG stock have been trending somewhat negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cabot Oil & Gas earned a media sentiment score of -1.9 on InfoTrie's scale. They also gave news coverage about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Cabot Oil & Gas.

Are investors shorting Cabot Oil & Gas?

Cabot Oil & Gas saw a decline in short interest in November. As of November 29th, there was short interest totalling 23,880,000 shares, a decline of 7.9% from the November 14th total of 25,940,000 shares. Based on an average daily volume of 7,810,000 shares, the short-interest ratio is presently 3.1 days. Approximately 6.0% of the company's shares are short sold. View Cabot Oil & Gas' Current Options Chain.

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), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), Ciena (CIEN), Apollo Global Management (APO) and First Data (FDC).

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 many different of institutional and retail investors. Top institutional investors include State Street Corp (5.45%), Massachusetts Financial Services Co. MA (0.74%), Point72 Asset Management L.P. (0.66%), Disciplined Growth Investors Inc. MN (0.61%), Teacher Retirement System of Texas (0.48%) and Sumitomo Mitsui Trust Holdings Inc. (0.44%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Peter B Delaney, Rhys J Best, Robert Kelley and Todd M Roemer. View Institutional Ownership Trends for Cabot Oil & Gas.

Which institutional investors are selling Cabot Oil & Gas stock?

COG stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, Bradley Foster & Sargent Inc. CT, Mackay Shields LLC, Great West Life Assurance Co. Can, State of Tennessee Treasury Department, Robeco Institutional Asset Management B.V., First Trust Advisors LP and Parametric Portfolio Associates LLC. View Insider Buying and Selling for Cabot Oil & Gas.

Which institutional investors are buying Cabot Oil & Gas stock?

COG stock was purchased by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, Point72 Asset Management L.P., Caymus Capital Partners L.P., Scout Investments Inc., Soros Fund Management LLC, Carillon Tower Advisers Inc., Teacher Retirement System of Texas and California Public Employees Retirement System. Company insiders that have bought Cabot Oil & Gas stock in the last two years include Dan O Dinges, Peter B Delaney, Rhys J Best 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, Robinhood, Fidelity and Charles Schwab.

What is Cabot Oil & Gas' stock price today?

One share of COG stock can currently be purchased for approximately $16.10.

How big of a company is Cabot Oil & Gas?

Cabot Oil & Gas has a market capitalization of $6.57 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.View Additional Information About Cabot Oil & Gas.

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:  670 (Vote Outperform)
Underperform Votes:  717 (Vote Underperform)
Total Votes:  1,387
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 12/15/2019 by MarketBeat.com Staff

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