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
Industry Oil & Gas Exploration and Production
Sub-IndustryOil & Gas Exploration & Production
Trailing P/E Ratio-78.9032258064516
Forward P/E RatioN/A
Sales & Book Value
Annual Sales$1.16 billion
Price / Sales9.79
Cash Flow$1.04 per share
Price / Cash23.63
Book Value$5.52 per share
Price / Book4.43
Return on Equity-44.59%
Return on Assets-23.38%
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 is Tuesday, January 23rd. This is an increase 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 of Directors has authorized a stock buyback plan 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 repurchase shares of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board 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, February, 23rd. The oil and gas exploration company reported $0.13 earnings per share for the quarter, beating the 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 negative net margin of 71.74% and a negative return on equity of 44.59%. The company's revenue was up 26.5% compared to the same quarter last year. During the same period in the previous year, the company earned $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?
22 analysts have issued twelve-month price objectives for Cabot Oil & Gas' stock. Their forecasts range from $24.00 to $37.00. On average, they expect Cabot Oil & Gas' stock price to reach $31.44 in the next year. 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, "Shares of Cabot have surged 25% in the last twelve months, mirroring the broader industry's increase. Cabot's large acreage holdings in the fast-growing Marcellus Shale and the Eagle Ford Shale supports several years of drilling. We believe COG’s execution success, continued expense management and improving well economics will further enhance its outlook. A relatively low risk profile and longer reserve lives are other positives. Overall, Cabot’s diversified asset portfolio should help it generate steady production growth going forward. Therefore, we see Cabot as an attractive investment." (1/24/2018)
- 2. Williams Capital analysts commented, "We will revisit our earnings and cash flow model following this morning’s call." (4/28/2017)
Are investors shorting Cabot Oil & Gas?
Cabot Oil & Gas saw a decline in short interest in January. As of January 31st, there was short interest totalling 14,008,882 shares, a decline of 19.5% from the January 12th total of 17,409,007 shares. Based on an average trading volume of 4,244,450 shares, the short-interest ratio is currently 3.3 days. Currently, 3.1% of the shares of the stock are short sold.
Who are some of Cabot Oil & Gas' key competitors?
Some companies that are related to Cabot Oil & Gas include Continental Resources (CLR), Devon Energy (DVN), Noble Energy (NBL), Nexen Energy (NXY), EQT (EQT), Apache (APA), Marathon Oil (MRO), Diamondback Energy (FANG), Encana (ECA), Cimarex Energy (XEC), Parsley Energy (PE), Repsol Oil & Gas Canada (TLM), Rice Energy (RICE), EQT GP (EQGP), Antero Resources (AR), RSP Permian (RSPP), WPX Energy (WPX) and Athlon Energy (ATHL).
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)
Who owns Cabot Oil & Gas stock?
Cabot Oil & Gas' stock is owned by a number of of institutional and retail investors. Top institutional shareholders 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.
Who sold Cabot Oil & Gas stock? Who is selling Cabot Oil & Gas stock?
Cabot Oil & Gas' 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.
Who bought Cabot Oil & Gas stock? Who is buying Cabot Oil & Gas stock?
Cabot Oil & Gas' 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 Cabot Oil & Gas stock?
Shares of Cabot Oil & Gas 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 Cabot Oil & Gas stock can currently be purchased for approximately $24.46.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $11.31 billion and generates $1.16 billion in revenue each year. The oil and gas exploration company earns $-417,120,000.00 in net income (profit) each year or ($0.31) on an earnings per share basis. Cabot Oil & Gas employs 421 workers across the globe.
How can I contact Cabot Oil & Gas?
Cabot Oil & Gas' mailing address is 840 Gessner Rd Ste 1400, HOUSTON, TX 77024-4152, United States. The oil and gas exploration company can be reached via phone at +1-281-5894600 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||Hold||Buy||Buy|
|Consensus Rating Score: ||2.50||2.48||2.70||2.60|
|Ratings Breakdown: ||2 Sell Rating(s)|
7 Hold Rating(s)
13 Buy Rating(s)
0 Strong Buy Rating(s)
|2 Sell Rating(s)|
7 Hold Rating(s)
12 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
6 Hold Rating(s)
14 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: ||$31.44||$31.44||$30.67||$29.67|
|Price Target Upside: ||32.96% upside||14.30% upside||4.84% upside||19.82% upside|
Cabot Oil & Gas (NYSE:COG) Consensus Price Target History
Cabot Oil & Gas (NYSE:COG) Analyst Ratings History
(Data available from 2/25/2016 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|
|4/27/2018|| || || || || || || || |
|2/23/2018||Q4 2017||$0.09||$0.13||$422.12 million||$400.50 million||View||N/A|
|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: $1.13
(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:||-77.42% (Trailing 12 Months of Earnings) |
19.20% (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: 99.16%
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 Sunday, February, 25, 2018