NYSE:COGCabot Oil & Gas Stock Price, Forecast & 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. Since then, COG stock has increased by 25.5% and is now trading at $20.35. 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 Friday, July 24th 2020. View our earnings forecast for Cabot Oil & Gas.

Cabot Oil & Gas Co. (NYSE:COG) issued its quarterly earnings data on Thursday, April, 30th. The oil and gas exploration company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 revenue for the quarter was down 39.8% on a year-over-year basis. During the same period in the previous 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. Stockholders of record on Thursday, May 14th will be given a dividend of $0.10 per share on Thursday, May 28th. This represents a $0.40 dividend on an annualized basis and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, May 13th. View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas declared that its Board of Directors has authorized a share buyback program on Friday, July 26th 2019, which allows the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

19 brokers have issued 12-month target prices for Cabot Oil & Gas' stock. Their forecasts range from $16.00 to $25.00. On average, they expect Cabot Oil & Gas' share price to reach $21.06 in the next year. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Cabot Oil & Gas.

News stories about COG stock have been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Cabot Oil & Gas earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave headlines about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCabot Oil & Gas.

Cabot Oil & Gas saw a drop in short interest during the month of May. As of May 15th, there was short interest totaling 11,120,000 shares, a drop of 12.6% from the April 30th total of 12,720,000 shares. Based on an average daily volume of 10,410,000 shares, the days-to-cover ratio is currently 1.1 days. Approximately 2.9% of the shares of the stock are sold short. 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), Diamondback Energy (FANG), Continental Resources (CLR), Noble Energy (NBL), Marathon Oil (MRO), Apache (APA), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC), Southwestern Energy (SWN) 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), 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 retail and institutional investors. Top institutional investors include Aristotle Capital Management LLC (9.19%), BlackRock Inc. (7.47%), State Street Corp (6.76%), Wellington Management Group LLP (2.29%), Disciplined Growth Investors Inc. MN (2.29%) and Capital World Investors (2.26%). 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 Franklin Resources Inc., Mackenzie Financial Corp, Schroder Investment Management Group, Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, BlackRock Inc., and Janus Henderson Group PLC. View insider buying and selling activity for Cabot Oil & Gas.

COG stock was acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Aristotle Capital Management LLC, Wellington Management Group LLP, State Street Corp, Deutsche Bank AG, Parametric Portfolio Associates LLC, Capital World Investors, and Arosa Capital Management LP. 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 $20.35.

Cabot Oil & Gas has a market capitalization of $8.11 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]