NYSE:COGCabot Oil & Gas Stock Price, Forecast & News

Cabot Oil & Gas' stock was trading at $16.21 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, COG stock has increased by 25.4% and is now trading at $20.33. View which stocks have been most impacted by Coronavirus.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 1 sell rating, 9 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cabot Oil & Gas.

Cabot Oil & Gas is scheduled to release its next quarterly earnings announcement on Friday, July 24th 2020. View our earnings forecast for Cabot Oil & Gas.

Cabot Oil & Gas Co. (NYSE:COG) released its earnings results on Thursday, April, 30th. The oil and gas exploration company reported $0.14 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.10 by $0.04. The oil and gas exploration company earned $386.46 million during the quarter, compared to analyst estimates of $383.19 million. Cabot Oil & Gas had a net margin of 26.07% and a return on equity of 18.70%. The firm's revenue was down 39.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. View Cabot Oil & Gas' earnings history.

Cabot Oil & Gas declared a quarterly dividend on Thursday, April 30th. Investors of record on Thursday, May 14th will be given a dividend of $0.10 per share on Thursday, May 28th. This represents a $0.40 annualized dividend and a yield of 1.97%. The ex-dividend date is Wednesday, May 13th. View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas declared that its board has initiated a stock repurchase plan on Friday, July 26th 2019, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

19 Wall Street analysts have issued 12-month price targets for Cabot Oil & Gas' shares. Their forecasts range from $13.00 to $25.00. On average, they expect Cabot Oil & Gas' stock price to reach $20.88 in the next twelve months. This suggests a possible upside of 2.7% from the stock's current price. View analysts' price targets for Cabot Oil & Gas.

Press coverage about COG stock has trended negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. 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 media sentiment score of -2.1 on InfoTrie's scale. They also gave media stories about the oil and gas exploration company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the near term. View the latest news aboutCabot Oil & Gas.

Cabot Oil & Gas saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 11,120,000 shares, a drop of 12.6% from the April 30th total of 12,720,000 shares. Based on an average trading volume of 10,410,000 shares, the short-interest ratio is currently 1.1 days. Approximately 2.9% of the shares of the stock are sold short. View Cabot Oil & Gas' Current Options Chain.

Some companies that are related to Cabot Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Diamondback Energy (FANG), Continental Resources (CLR), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Southwestern Energy (SWN) and Range Resources (RRC). View all competitors.

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), AMC Entertainment (AMC), Ciena (CIEN), Antero Midstream GP (AMGP), Associated British Foods (ABF), Marathon Oil (MRO), Chaarat Gold (CGH) and Apollo Global Management (APO).

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

Cabot Oil & Gas' stock is owned by a variety of institutional and retail investors. Top institutional investors include Aristotle Capital Management LLC (9.19%), BlackRock Inc. (7.47%), State Street Corp (6.76%), Wellington Management Group LLP (2.29%), Disciplined Growth Investors Inc. MN (2.29%) and Capital World Investors (2.26%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Peter B Delaney, Rhys J Best and Robert Kelley. View institutional ownership trends for Cabot Oil & Gas.

COG stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Mackenzie Financial Corp, Schroder Investment Management Group, Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, BlackRock Inc., and Janus Henderson Group PLC. View insider buying and selling activity for Cabot Oil & Gas.

COG stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Aristotle Capital Management LLC, Wellington Management Group LLP, State Street Corp, Deutsche Bank AG, Parametric Portfolio Associates LLC, Capital World Investors, and Arosa Capital Management LP. 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 activity for 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.

One share of COG stock can currently be purchased for approximately $20.33.

Cabot Oil & Gas has a market capitalization of $8.10 billion and generates $2.07 billion in revenue each year. The oil and gas exploration company earns $681.07 million in net income (profit) each year or $1.62 on an earnings per share basis. Cabot Oil & Gas employs 483 workers across the globe.

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

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]