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
Phone281-589-4600
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.19 billion
Profitability
Miscellaneous
Employees483
Next Earnings Date4/26/2019 (Estimated)
OptionableOptionable
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 Monday, January 14th. Stockholders of record on Thursday, January 24th will be given a dividend of $0.07 per share on Thursday, February 7th. This represents a $0.28 annualized dividend and a dividend yield of 1.08%. The ex-dividend date is Wednesday, January 23rd. 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 approved a stock repurchase plan on Friday, February 23rd 2018, which permits the company to buyback 30,000,000 outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board believes its stock is undervalued.
How were Cabot Oil & Gas' earnings last quarter?
Cabot Oil & Gas Co. (NYSE:COG) announced its earnings results on Friday, February, 22nd. The oil and gas exploration company reported $0.55 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.58 by $0.03. The oil and gas exploration company earned $716.30 million during the quarter, compared to analysts' expectations of $659.51 million. Cabot Oil & Gas had a net margin of 25.46% and a return on equity of 23.35%. The company's quarterly revenue was up 78.9% on a year-over-year basis. During the same period last year, the firm earned $0.13 EPS. View Cabot Oil & Gas' Earnings History.
When is Cabot Oil & Gas' next earnings date?
What price target have analysts set for COG?
20 brokers have issued 12 month price targets for Cabot Oil & Gas' shares. Their forecasts range from $22.00 to $34.00. On average, they expect Cabot Oil & Gas' stock price to reach $28.0738 in the next twelve months. This suggests a possible upside of 8.1% from the stock's current price. View Analyst Price Targets for Cabot Oil & Gas.
What is the consensus analysts' recommendation for Cabot Oil & Gas?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 9 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Cabot Oil & Gas.
Has Cabot Oil & Gas been receiving favorable news coverage?
Media coverage about COG stock has been trending neutral recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cabot Oil & Gas earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news stories about the oil and gas exploration company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an effect on the company's share price in the near term.
Are investors shorting Cabot Oil & Gas?
Cabot Oil & Gas saw a drop in short interest during the month of February. As of February 28th, there was short interest totalling 21,654,625 shares, a drop of 17.2% from the February 15th total of 26,160,994 shares. Based on an average trading volume of 7,881,426 shares, the days-to-cover ratio is presently 2.7 days. Approximately 5.2% of the shares of the company are short sold. View Cabot Oil & Gas' Current Options Chain.
Who are some of Cabot Oil & Gas' key competitors?
Some companies that are related to Cabot Oil & Gas include The Hong Kong and China Gas (HOKCY), Canadian Natural Resources (CNQ), Pioneer Natural Resources (PXD), WOODSIDE PET LT/ADR (WOPEY), Anadarko Petroleum (APC), Concho Resources (CXO), Sasol (SSL), Diamondback Energy (FANG), Rwe Ag Sp (RWEOY), Continental Resources (CLR), Marathon Oil (MRO), Devon Energy (DVN), Apache (APA), GALP ENERGIA SG/ADR (GLPEY) and Noble Energy (NBL).
What other stocks do shareholders of Cabot Oil & Gas own?
Who are Cabot Oil & Gas' key executives?
Cabot Oil & Gas' management team includes the folowing 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)
Who are Cabot Oil & Gas' major shareholders?
Cabot Oil & Gas' stock is owned by many different of institutional and retail investors. Top institutional investors include Sanders Capital LLC (7.17%), BlackRock Inc. (6.80%), FMR LLC (3.72%), Bank of New York Mellon Corp (2.88%), Amundi Pioneer Asset Management Inc. (1.43%) and Geode Capital Management LLC (1.31%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Peter B Delaney, 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 Los Angeles Capital Management & Equity Research Inc., FMR LLC, Ceredex Value Advisors LLC, BlackRock Inc., Great West Life Assurance Co. Can, Dalton Greiner Hartman Maher & Co., D. E. Shaw & Co. Inc. and Copeland Capital Management LLC. View Insider Buying and Selling for Cabot Oil & Gas.
Which institutional investors are buying Cabot Oil & Gas stock?
COG stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, Anchor Bolt Capital LP, Oregon Public Employees Retirement Fund, Two Sigma Investments LP, Bradley Foster & Sargent Inc. CT, Sanders Capital LLC, Two Sigma Advisers LP and Scout Investments Inc.. Company insiders that have bought Cabot Oil & Gas stock in the last two years include Peter B Delaney and Robert Kelley. 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 $25.96.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $10.99 billion and generates $2.19 billion in revenue each year. The oil and gas exploration company earns $557.04 million in net income (profit) each year or $1.13 on an earnings per share basis. Cabot Oil & Gas employs 483 workers across the globe.
What is Cabot Oil & Gas' official website?
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 (NYSE 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.
