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$1.76 billion
Profitability
Miscellaneous
Employees308
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 announced a quarterly dividend on Monday, January 14th. Shareholders 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 yield of 1.09%. The ex-dividend date of this dividend 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 buyback plan on Friday, February 23rd 2018, which permits the company to buyback 30,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's management 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, October, 26th. The oil and gas exploration company reported $0.25 EPS for the quarter, missing the Zacks' consensus estimate of $0.28 by $0.03. The oil and gas exploration company had revenue of $545.10 million for the quarter, compared to analysts' expectations of $482.74 million. Cabot Oil & Gas had a return on equity of 14.87% and a net margin of 12.69%. The firm's quarterly revenue was up 41.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.07 EPS. View Cabot Oil & Gas' Earnings History.
When is Cabot Oil & Gas' next earnings date?
What price target have analysts set for COG?
20 Wall Street analysts have issued 1 year target prices for Cabot Oil & Gas' shares. Their predictions range from $22.00 to $34.00. On average, they expect Cabot Oil & Gas' share price to reach $28.2459 in the next twelve months. This suggests a possible upside of 10.2% 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 8 hold ratings and 12 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?
News articles about COG stock have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cabot Oil & Gas earned a media sentiment score of 3.2 on InfoTrie's scale. They also assigned news stories about the oil and gas exploration company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
Who are some of Cabot Oil & Gas' key competitors?
Some companies that are related to Cabot Oil & Gas include Ecopetrol (EC), Canadian Natural Resources (CNQ), The Hong Kong and China Gas (HOKCY), Concho Resources (CXO), Pioneer Natural Resources (PXD), Anadarko Petroleum (APC), WOODSIDE PET LT/ADR (WOPEY), Sasol (SSL), Continental Resources (CLR), Rwe Ag Sp (RWEOY), Marathon Oil (MRO), Devon Energy (DVN), GALP ENERGIA SG/ADR (GLPEY), Apache (APA) and TORAY INDUSTRIE/ADR (TRYIY).
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 a variety of of retail and institutional investors. Top institutional shareholders include Cabot Wellington LLC (0.17%), Scout Investments Inc. (0.11%), Centre Asset Management LLC (0.07%), State of Alaska Department of Revenue (0.05%), Riggs Asset Managment Co. Inc. (0.04%) and DFT Energy LP (0.04%). 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 Dalton Greiner Hartman Maher & Co., DFT Energy LP, Gulf International Bank UK Ltd, Nippon Life Global Investors Americas Inc., Cabot Wellington LLC, Nisa Investment Advisors LLC, Louisiana State Employees Retirement System and Stone House Investment Management LLC. 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 Scout Investments Inc., Centre Asset Management LLC, Deane Retirement Strategies Inc., Riggs Asset Managment Co. Inc., Bright Rock Capital Management LLC, Virtu Financial LLC, Hudson Valley Investment Advisors Inc. ADV and Fox Run Management L.L.C.. 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 $25.62.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $11.05 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.
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.
