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NYSE:COG - Cabot Oil & Gas Stock Price, Forecast & News

$16.70
+0.06 (+0.36 %)
(As of 04/3/2020 02:37 AM ET)
Today's Range
$15.43
Now: $16.70
$17.85
50-Day Range
$13.51
MA: $15.80
$19.09
52-Week Range
$13.06
Now: $16.70
$27.65
Volume14.92 million shs
Average Volume11.01 million shs
Market Capitalization$6.66 billion
P/E Ratio10.25
Dividend Yield2.40%
Beta-0.03
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 174,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. 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, 2018, it had proved reserves of approximately 11.6 trillion cubic feet equivalent. The company was incorporated in 1989 and is headquartered in Houston, Texas.
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Cabot Oil & Gas logo

Industry, Sector and Symbol

Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
CUSIP12709710
Phone281-589-4600

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.07 billion
Cash Flow$2.58 per share
Book Value$5.27 per share

Profitability

Net Income$681.07 million

Miscellaneous

Employees483
Market Cap$6.66 billion
Next Earnings Date4/24/2020 (Estimated)
OptionableOptionable

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Cabot Oil & Gas (NYSE:COG) Frequently Asked Questions

How has Cabot Oil & Gas' stock been impacted by COVID-19 (Coronavirus)?

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 (WHO). Since then, COG stock has increased by 3.0% and is now trading at $16.70. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cabot Oil & Gas?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 5 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cabot Oil & Gas.

When is Cabot Oil & Gas' next earnings date?

Cabot Oil & Gas is scheduled to release its next quarterly earnings announcement on Friday, April 24th 2020. View our earnings forecast for Cabot Oil & Gas.

How were Cabot Oil & Gas' earnings last quarter?

Cabot Oil & Gas Co. (NYSE:COG) released its earnings results on Thursday, February, 20th. The oil and gas exploration company reported $0.30 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.30. The oil and gas exploration company earned $461.40 million during the quarter, compared to analyst estimates of $476.04 million. Cabot Oil & Gas had a net margin of 32.96% and a return on equity of 29.82%. The business's revenue for the quarter was down 35.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 earnings per share. View Cabot Oil & Gas' earnings history.

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 Friday, January 3rd. Stockholders of record on Friday, January 24th will be given a dividend of $0.10 per share on Friday, February 7th. This represents a $0.40 annualized dividend and a yield of 2.40%. The ex-dividend date of this dividend is Thursday, 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 program on Friday, July 26th 2019, which authorizes the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to purchase shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its shares are undervalued.

What price target have analysts set for COG?

15 brokers have issued twelve-month price targets for Cabot Oil & Gas' shares. Their forecasts range from $13.00 to $32.00. On average, they anticipate Cabot Oil & Gas' stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 28.7% from the stock's current price. View analysts' price targets for Cabot Oil & Gas.

What are Wall Street analysts saying about Cabot Oil & Gas stock?

Here are some recent quotes from research analysts about Cabot Oil & Gas stock:
  • 1. According to Zacks Investment Research, "Cabot Oil & Gas Corporation is an independent gas exploration company. Its acreage in Marcellus shale play poise it for major growth potential. Cabot continues to improve upon its industry-leading cost structure. Driven by operational efficiencies, the company was able to reduce its 2019 finding and development costs by 5.13%. It is committed to returning more than half of its free cash flow to shareholders through share buybacks and dividends. However, being a natural gas-weighted company, Cabot continues to reel under the effects of the commodity price struggles. Cabot’s average realized natural gas price fell 36.3% y/y to $2.05 per Mcf in Q4. Struggling with lawsuits & denied a water permit, Cabot’s Constitution Pipeline Company is likely to be delayed substantially or cancelled. Hence, the stock warrants a cautious stance." (3/11/2020)
  • 2. Williams Capital analysts commented, "We maintain our Hold on valuaon (7.6x and 7.4x 2019 and 2020 EV/EBITDA, respec vely, a 2.4x premium to its peer average), especially following the recent outperformance (up 16.4% YTD vs. peers which are up an average of 4.9%). Strong 1Q19 results. COG reported clean EPS and DCFPS of $0.73/$1.20, above our esmates of $0.66/$1.15 and Consensus of $0.64/$1.10. 1Q19 EBITDA was $513.7 million, above our esmate of $494.6 million and Consensus of $477.9 million. 1Q19 producon was 2,276.0 Mmcf/d, 0.5% above our esmate of 2,265.4 Mmcf/d but in line with Consensus of 2,276.8 Mmcf/d. Moreover, the Company achieved the top-end of its guidance with 14 net compleons, below our esmate of 15 net compleons. 1Q1 9 realized natural gas price was $3.35/Mcf, slightly below our esmate of $3.37/Mcf." (4/21/2019)

Has Cabot Oil & Gas been receiving favorable news coverage?

Media headlines about COG stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. 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 news sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the oil and gas exploration company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutCabot Oil & Gas.

Are investors shorting Cabot Oil & Gas?

Cabot Oil & Gas saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 23,676,200 shares, a decline of 6.5% from the February 27th total of 25,320,000 shares. Based on an average daily volume of 9,170,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 6.1% of the company's shares are short sold. View Cabot Oil & Gas' Current Options Chain.

Who are some of Cabot Oil & Gas' key competitors?

What other stocks do shareholders of Cabot Oil & Gas own?

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), Antero Midstream GP (AMGP), Ciena (CIEN), Associated British Foods (ABF), Chaarat Gold (CGH), Apollo Global Management (APO) and First Data (FDC).

Who are Cabot Oil & Gas' key executives?

Cabot Oil & Gas' management team includes the following 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)

What is Cabot Oil & Gas' stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Cabot Oil & Gas' stock price today?

One share of COG stock can currently be purchased for approximately $16.70.

How big of a company is Cabot Oil & Gas?

Cabot Oil & Gas has a market capitalization of $6.66 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. View additional information about Cabot Oil & Gas.

What is Cabot Oil & Gas' official website?

The official website for Cabot Oil & Gas is http://www.cabotog.com/.

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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  692 (Vote Outperform)
Underperform Votes:  739 (Vote Underperform)
Total Votes:  1,431
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.
This page was last updated on 4/3/2020 by MarketBeat.com Staff

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