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
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:COG
Previous Symbol
CUSIP12709710
Phone281-589-4600
Debt
Debt-to-Equity Ratio0.58
Current Ratio1.69
Quick Ratio1.66
Price-To-Earnings
Trailing P/E Ratio48.56
Forward P/E Ratio21.99
P/E Growth0.77
Sales & Book Value
Annual Sales$1.76 billion
Price / Sales5.70
Cash Flow$1.6404 per share
Price / Cash Flow14.21
Book Value$5.46 per share
Price / Book4.27
Profitability
EPS (Most Recent Fiscal Year)$0.48
Net Income$100.39 million
Net Margins12.69%
Return on Equity14.87%
Return on Assets7.65%
Miscellaneous
Employees308
Outstanding Shares431,180,000
Market Cap$10.54 billion
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 declared a quarterly dividend on Friday, October 26th. Stockholders of record on Wednesday, November 7th will be given a dividend of $0.07 per share on Friday, November 16th. This represents a $0.28 annualized dividend and a dividend yield of 1.20%. The ex-dividend date of this dividend is Tuesday, November 6th. This is a positive change from Cabot Oil & Gas's previous quarterly dividend of $0.06. 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 initiated a share buyback plan on Friday, February 23rd 2018, which allows the company to buyback 30,000,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were Cabot Oil & Gas' earnings last quarter?
Cabot Oil & Gas Co. (NYSE:COG) released its earnings results on Friday, October, 26th. The oil and gas exploration company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.28 by $0.03. The oil and gas exploration company earned $545.10 million during the quarter, compared to the consensus estimate 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 revenue for the quarter was up 41.4% compared to the same quarter last year. During the same period in the prior year, the business posted $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?
21 Wall Street analysts have issued twelve-month target prices for Cabot Oil & Gas' stock. Their predictions range from $22.00 to $35.00. On average, they expect Cabot Oil & Gas' stock price to reach $28.3529 in the next twelve months. This suggests a possible upside of 21.0% from the stock's current price. View Analyst Price Targets for Cabot Oil & Gas.
What is the consensus analysts' recommendation for Cabot Oil & Gas?
21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 2 sell ratings, 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cabot Oil & Gas.
Has Cabot Oil & Gas been receiving favorable news coverage?
News coverage about COG stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cabot Oil & Gas earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned news coverage about the oil and gas exploration company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate 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), Anadarko Petroleum (APC), Concho Resources (CXO), Pioneer Natural Resources (PXD), 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 64)
- Mr. Scott C. Schroeder, Exec. VP & CFO (Age 55)
- Mr. Jeffrey W. Hutton, Sr. VP of Marketing (Age 62)
- Mr. Phillip L. Stalnaker, Sr. VP of North Region (Age 58)
- Mr. Steven W. Lindeman, Sr. VP of South Region & Engineering (Age 57)
Who are Cabot Oil & Gas' major shareholders?
Cabot Oil & Gas' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Capital World Investors (11.04%), Vanguard Group Inc (10.87%), Sanders Capital LLC (6.82%), BlackRock Inc. (6.96%), FMR LLC (4.56%) and Neuberger Berman Group LLC (3.50%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Robert Kelley and Todd M Roemer. View Institutional Ownership Trends for Cabot Oil & Gas.
Which major investors are selling Cabot Oil & Gas stock?
COG stock was sold by a variety of institutional investors in the last quarter, including MERIAN GLOBAL INVESTORS UK Ltd, Vanguard Group Inc, First Quadrant L P CA, Neuberger Berman Group LLC, AQR Capital Management LLC, FMR LLC, Bank of Montreal Can and Mitsubishi UFJ Trust & Banking Corp. View Insider Buying and Selling for Cabot Oil & Gas.
Which major investors are buying Cabot Oil & Gas stock?
COG stock was bought by a variety of institutional investors in the last quarter, including Capital World Investors, Mackenzie Financial Corp, Franklin Resources Inc., Bank of New York Mellon Corp, Point72 Asset Management L.P., Korea Investment CORP, CWM LLC and Bridgewater Associates LP. 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 $23.43.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $10.54 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.
