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 172,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 79,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. 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, 2017, it had proved reserves of approximately 9,726 billion cubic feet of natural gas equivalent. The company was founded in 1989 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
SymbolNYSE:COG
CUSIP12709710
Phone281-589-4600
Debt
Debt-to-Equity Ratio0.51
Current Ratio2.42
Quick Ratio2.40
Price-To-Earnings
Trailing P/E Ratio49.90
Forward P/E RatioN/A
P/E Growth0.76
Sales & Book Value
Annual Sales$1.76 billion
Price / Sales6.13
Cash Flow$1.7546 per share
Price / Cash13.65
Book Value$5.46 per share
Price / Book4.39
Profitability
EPS (Most Recent Fiscal Year)$0.48
Net Income$100.39 million
Net Margins6.51%
Return on Equity10.56%
Return on Assets5.50%
Miscellaneous
Employees308
Outstanding Shares451,490,000
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, May 2nd. Stockholders of record on Wednesday, May 16th will be given a dividend of $0.06 per share on Wednesday, May 30th. This represents a $0.24 annualized dividend and a dividend yield of 1.00%. The ex-dividend date is Tuesday, May 15th. 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 initiated a share buyback plan on Friday, February 23rd 2018, which permits the company to repurchase 30,000,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.
How were Cabot Oil & Gas' earnings last quarter?
Cabot Oil & Gas Co. (NYSE:COG) posted its earnings results on Friday, April, 27th. The oil and gas exploration company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.27 by $0.01. The oil and gas exploration company had revenue of $473.20 million for the quarter, compared to analyst estimates of $471.25 million. Cabot Oil & Gas had a net margin of 6.51% and a return on equity of 10.56%. Cabot Oil & Gas's revenue was down 8.6% on a year-over-year basis. During the same period last year, the business earned $0.19 EPS. View Cabot Oil & Gas' Earnings History.
When is Cabot Oil & Gas' next earnings date?
What price target have analysts set for COG?
23 brokers have issued 12-month price objectives for Cabot Oil & Gas' stock. Their forecasts range from $22.00 to $37.00. On average, they anticipate Cabot Oil & Gas' share price to reach $30.2222 in the next year. View Analyst Ratings for Cabot Oil & Gas.
Who are some of Cabot Oil & Gas' key competitors?
Some companies that are related to Cabot Oil & Gas include Ecopetrol (EC), Canadian Natural Resource (CNQ), Anadarko Petroleum (APC), Pioneer Natural Resources (PXD), The Hong Kong and China Gas (HOKCY), WOODSIDE Pet Lt/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Devon Energy (DVN), Concho Resources (CXO), Marathon Oil (MRO), Noble Energy (NBL), Apache (APA), EQT (EQT) and Rwe Ag Sp (RWEOY).
Who are Cabot Oil & Gas' key executives?
Cabot Oil & Gas' management team includes the folowing people:
- Mr. Dan O. Dinges, Chairman, Pres & CEO (Age 64)
- Mr. Scott C. Schroeder, Exec. VP & CFO (Age 55)
- Mr. Jeffrey W. Hutton, Sr. VP of Marketing (Age 62)
- Mr. Phillip L. Stalnaker, Sr. VP of North Region (Age 58)
- Mr. Steven W. Lindeman, Sr. VP of South Region & Engineering (Age 57)
Has Cabot Oil & Gas been receiving favorable news coverage?
Press coverage about COG stock has trended somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Cabot Oil & Gas earned a news impact score of 0.05 on Accern's scale. They also gave news articles about the oil and gas exploration company an impact score of 47.68 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.
Who are Cabot Oil & Gas' major shareholders?
Cabot Oil & Gas' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (4.48%), Amundi Pioneer Asset Management Inc. (1.47%), Northern Trust Corp (1.20%), Franklin Resources Inc. (1.16%), King Luther Capital Management Corp (1.15%) and Millennium Management LLC (1.10%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, George Kevin Cunningham, Jeffrey W Hutton, 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 Boston Partners, Amundi Pioneer Asset Management Inc., Element Capital Management LLC, Neuberger Berman Group LLC, Schroder Investment Management Group, Dalton Greiner Hartman Maher & Co., Caisse DE Depot ET Placement DU Quebec and Prudential Financial Inc.. 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.
Which institutional investors are buying Cabot Oil & Gas stock?
COG stock was purchased by a variety of institutional investors in the last quarter, including Millennium Management LLC, Ceredex Value Advisors LLC, Rockefeller Capital Management L.P., Copeland Capital Management LLC, OppenheimerFunds Inc., Precocity Capital LP, Meag Munich Ergo Kapitalanlagegesellschaft MBH and Russell Investments Group Ltd.. 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, Scottrade, Fidelity and Charles Schwab.
What is Cabot Oil & Gas' stock price today?
One share of COG stock can currently be purchased for approximately $23.95.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $10.61 billion and generates $1.76 billion in revenue each year. The oil and gas exploration company earns $100.39 million in net income (profit) each year or $0.48 on an earnings per share basis. Cabot Oil & Gas employs 308 workers across the globe.
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 (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 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.
