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

Cabot Oil & Gas' stock was trading at $16.21 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, COG shares have increased by 9.7% and is now trading at $17.78. View which stocks have been most impacted by Coronavirus.

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.

Cabot Oil & Gas is scheduled to release its next quarterly earnings announcement on Thursday, July 30th 2020. View our earnings forecast for Cabot Oil & Gas.

Cabot Oil & Gas will be holding an earnings conference call on Thursday, July 30th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Cabot Oil & Gas Co. (NYSE:COG) announced its earnings results on Thursday, April, 30th. The oil and gas exploration company reported $0.14 EPS for the quarter, beating the Zacks' consensus estimate 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 quarterly revenue was down 39.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 earnings per share. View Cabot Oil & Gas' earnings history.

Cabot Oil & Gas declared a quarterly dividend on Thursday, April 30th. Shareholders of record on Thursday, May 14th will be paid a dividend of $0.10 per share on Thursday, May 28th. This represents a $0.40 annualized dividend and a dividend yield of 2.25%. The ex-dividend date of this dividend is Wednesday, May 13th. View Cabot Oil & Gas' dividend history.

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

19 brokerages have issued 12 month target prices for Cabot Oil & Gas' shares. Their forecasts range from $16.00 to $25.00. On average, they expect Cabot Oil & Gas' share price to reach $21.00 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts' price targets for Cabot Oil & Gas.

Headlines about COG stock have been trending positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cabot Oil & Gas earned a news sentiment score of 2.1 on InfoTrie's scale. They also gave media headlines about the oil and gas exploration company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news about Cabot Oil & Gas.

Cabot Oil & Gas saw a increase in short interest in the month of June. As of June 30th, there was short interest totaling 12,550,000 shares, an increase of 19.2% from the June 15th total of 10,530,000 shares. Based on an average daily volume of 6,870,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.2% of the shares of the company are short sold. View Cabot Oil & Gas' Current Options Chain.

Some companies that are related to Cabot Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Continental Resources (CLR), Diamondback Energy (FANG), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN). 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), 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).

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

Cabot Oil & Gas' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (2.35%), MERIAN GLOBAL INVESTORS UK Ltd (0.23%), Scout Investments Inc. (0.11%), State of Alaska Department of Revenue (0.08%), Envestnet Asset Management Inc. (0.07%) and Segment Wealth Management LLC (0.04%). 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.

COG stock was sold by a variety of institutional investors in the last quarter, including Segment Wealth Management LLC, and IFM Investors Pty Ltd. View insider buying and selling activity for Cabot Oil & Gas.

COG stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Scout Investments Inc., State of Alaska Department of Revenue, MERIAN GLOBAL INVESTORS UK Ltd, Bright Rock Capital Management LLC, Envestnet Asset Management Inc., Alpha Windward LLC, and Mount Yale Investment Advisors 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 $17.78.

Cabot Oil & Gas has a market capitalization of $7.09 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.

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]