Cabot Oil & Gas Stock Forecast, Price & News

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 (WHO). Since then, COG stock has increased by 1.4% and is now trading at $16.44.
View which stocks have been most impacted by COVID-19.

17 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 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cabot Oil & Gas or view MarketBeat's top 5 stock picks.

Wall Street analysts have given Cabot Oil & Gas a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cabot Oil & Gas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Cabot Oil & Gas is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Cabot Oil & Gas.

Cabot Oil & Gas Co. (NYSE:COG) announced its quarterly earnings results on Thursday, October, 29th. The oil and gas exploration company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The oil and gas exploration company earned $291.10 million during the quarter, compared to analysts' expectations of $346.89 million. Cabot Oil & Gas had a return on equity of 8.84% and a net margin of 16.73%. The business's revenue for the quarter was down 32.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.29 EPS.
View Cabot Oil & Gas' earnings history.

Cabot Oil & Gas declared a quarterly dividend on Wednesday, October 28th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.10 per share on Monday, November 23rd. This represents a $0.40 annualized dividend and a yield of 2.43%. The ex-dividend date is Tuesday, November 10th.
View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas declared that its Board of Directors has authorized a stock buyback plan on Friday, July 26th 2019, which authorizes the company to buyback 25,000,000 outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

17 equities research analysts have issued 1 year target prices for Cabot Oil & Gas' stock. Their forecasts range from $16.00 to $23.00. On average, they anticipate Cabot Oil & Gas' share price to reach $20.59 in the next year. This suggests a possible upside of 25.2% from the stock's current price.
View analysts' price targets for Cabot Oil & Gas.

Some companies that are related to Cabot Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Oasis Petroleum (OAS), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), PDC Energy (PDCE) 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), Gilead Sciences (GILD), AMC Entertainment (AMC), Ciena (CIEN), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Fossil Group (FOSL), Micron Technology (MU) and Intel (INTC).

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 BlackRock Inc. (7.17%), State Street Corp (6.42%), Manning & Napier Group LLC (2.34%), King Luther Capital Management Corp (1.02%), Sound Shore Management Inc CT (0.99%) and AJO LP (0.95%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, George Kevin Cunningham, Jeffrey W Hutton, Peter B Delaney and Rhys J Best.
View institutional ownership trends for Cabot Oil & Gas.

COG stock was sold by a variety of institutional investors in the last quarter, including Connor Clark & Lunn Investment Management Ltd., Arrowstreet Capital Limited Partnership, Public Employees Retirement System of Ohio, BlackRock Inc., Paloma Partners Management Co, Assenagon Asset Management S.A., First Trust Advisors LP, and Sound Shore Management Inc CT.
View insider buying and selling activity for Cabot Oil & Gas.

COG stock was purchased by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, AJO LP, Payden & Rygel, Wells Fargo & Company MN, Lansdowne Partners UK LLP, Psagot Investment House Ltd., Victory Capital Management Inc., and DAVENPORT & Co LLC. 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.

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 $16.44.

Cabot Oil & Gas has a market capitalization of $6.55 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 547 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]