Cabot Oil & Gas Stock Forecast, Price & 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 (WHO). Since then, COG shares have increased by 17.6% and is now trading at $19.07.
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17 Wall Street research 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 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Cabot Oil & Gas stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in COG, but not buy additional shares or sell existing shares.
View analyst ratings for Cabot Oil & Gas or view MarketBeat's top 5 stock picks.

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Cabot Oil & Gas is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Cabot Oil & Gas.

Cabot Oil & Gas Co. (NYSE:COG) issued its quarterly earnings results on Thursday, October, 29th. The oil and gas exploration company reported $0.09 EPS for the quarter, topping the Zacks' consensus estimate of $0.07 by $0.02. The oil and gas exploration company had revenue of $291.10 million for the quarter, compared to the consensus estimate of $346.89 million. Cabot Oil & Gas had a return on equity of 8.84% and a net margin of 16.73%. The company's revenue for the quarter was down 32.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 EPS.
View Cabot Oil & Gas' earnings history.

Cabot Oil & Gas declared a quarterly dividend on Monday, January 4th. Investors of record on Thursday, January 21st will be paid a dividend of $0.10 per share on Thursday, February 4th. This represents a $0.40 annualized dividend and a yield of 2.10%. The ex-dividend date is Wednesday, January 20th.
View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.11%. Cabot Oil & Gas does not yet have a strock track record of dividend growth. The dividend payout ratio of Cabot Oil & Gas is 24.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cabot Oil & Gas will have a dividend payout ratio of 21.86% next year. This indicates that Cabot Oil & Gas will be able to sustain or increase its dividend.
View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas declared that its board has initiated a stock buyback program on Friday, July 26th 2019, which permits the company to buyback 25,000,000 shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

17 analysts have issued 1 year target prices for Cabot Oil & Gas' shares. Their forecasts range from $16.00 to $23.00. On average, they expect Cabot Oil & Gas' stock price to reach $20.47 in the next year. This suggests a possible upside of 7.3% from the stock's current price.
View analysts' price targets for Cabot Oil & Gas or view Wall Street analyst' top-rated stocks.

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), Devon Energy (DVN), Continental Resources (CLR), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), EQT (EQT), Range Resources (RRC), PDC Energy (PDCE), Southwestern Energy (SWN) and Matador Resources (MTDR).
View all of COG's 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), Gilead Sciences (GILD), AMC Entertainment (AMC), Ciena (CIEN), Cisco Systems (CSCO), Advanced Micro Devices (AMD), Fossil Group (FOSL), Micron Technology (MU) and Intel (INTC).

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

Cabot Oil & Gas' stock is owned by many different institutional and retail investors. Top institutional investors include Dalton Greiner Hartman Maher & Co. (0.08%), State of Alaska Department of Revenue (0.08%), RNC Capital Management LLC (0.01%), Hudson Valley Investment Advisors Inc. ADV (0.01%), Louisiana State Employees Retirement System (0.01%) and NuWave Investment Management LLC (0.00%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Deidre L Shearer, George Kevin Cunningham, 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 State of Alaska Department of Revenue. Company insiders that have sold Cabot Oil & Gas company stock in the last year include Deidre L Shearer, and George Kevin Cunningham.
View insider buying and selling activity for Cabot Oil & Gas or view top insider-selling stocks.

COG stock was acquired by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., RNC Capital Management LLC, NuWave Investment Management LLC, Hudson Valley Investment Advisors Inc. ADV, and Louisiana State Employees Retirement System. 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 or or view top insider-buying stocks.

Shares of COG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of COG stock can currently be purchased for approximately $19.07.

Cabot Oil & Gas has a market capitalization of $7.60 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 547 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]