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

$20.35
+0.14 (+0.69 %)
(As of 06/3/2020 04:00 PM ET)
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Today's Range
$20.13
Now: $20.35
$20.60
50-Day Range
$18.21
MA: $19.77
$21.62
52-Week Range
$13.06
Now: $20.35
$25.85
Volume4.47 million shs
Average Volume9.20 million shs
Market Capitalization$8.11 billion
P/E Ratio17.70
Dividend Yield1.98%
Beta0.24
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.2Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.16 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.07 billion
Cash Flow$2.73 per share
Book Value$5.27 per share

Profitability

Net Income$681.07 million

Miscellaneous

Employees483
Market Cap$8.11 billion
Next Earnings Date7/24/2020 (Estimated)
OptionableOptionable

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

How has Cabot Oil & Gas' stock been impacted by COVID-19 (Coronavirus)?

Cabot Oil & Gas' stock was trading at $16.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, COG stock has increased by 25.5% and is now trading at $20.35. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cabot Oil & Gas?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 2 sell ratings, 8 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cabot Oil & Gas.

When is Cabot Oil & Gas' next earnings date?

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.

How were Cabot Oil & Gas' earnings last quarter?

Cabot Oil & Gas Co. (NYSE:COG) issued its quarterly earnings data on Thursday, April, 30th. The oil and gas exploration company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.10 by $0.04. The oil and gas exploration company had revenue of $386.46 million for the quarter, compared to the consensus estimate of $383.19 million. Cabot Oil & Gas had a return on equity of 18.70% and a net margin of 26.07%. The business's revenue for the quarter was down 39.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 earnings per share. View Cabot Oil & Gas' earnings history.

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, April 30th. Stockholders 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 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, May 13th. 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 share buyback program 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 repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

What price target have analysts set for COG?

19 brokers have issued 12-month target prices for Cabot Oil & Gas' stock. Their forecasts range from $16.00 to $25.00. On average, they expect Cabot Oil & Gas' share price to reach $21.06 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Cabot Oil & Gas.

Has Cabot Oil & Gas been receiving favorable news coverage?

News stories about COG stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 -3.0 on InfoTrie's scale. They also gave headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCabot Oil & Gas.

Are investors shorting Cabot Oil & Gas?

Cabot Oil & Gas saw a drop in short interest during 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 daily volume of 10,410,000 shares, the days-to-cover 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.

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

Who are Cabot Oil & Gas' key executives?

Cabot Oil & Gas' management team includes the following 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)

What is Cabot Oil & Gas' stock symbol?

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

Who are Cabot Oil & Gas' major shareholders?

Cabot Oil & Gas' stock is owned by a number of retail and institutional 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 and Rhys J Best. 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 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.

Which major investors are buying Cabot Oil & Gas stock?

COG stock was acquired 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, and Rhys J Best. View insider buying and selling activity 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 $20.35.

How big of a company is Cabot Oil & Gas?

Cabot Oil & Gas has a market capitalization of $8.11 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.

What is Cabot Oil & Gas' official website?

The official website for Cabot Oil & Gas is 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]

This page was last updated on 6/4/2020 by MarketBeat.com Staff

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