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.
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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$2.19 billion
Profitability
Miscellaneous
Employees483
Next Earnings Date4/24/2020 (Estimated)
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 Friday, January 3rd. Shareholders 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 2.56%. 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 plan 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 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 Thursday, October, 24th. The oil and gas exploration company reported $0.29 EPS for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.04. The oil and gas exploration company earned $429.11 million during the quarter, compared to the consensus estimate of $453.73 million. Cabot Oil & Gas had a return on equity of 34.92% and a net margin of 34.86%. Cabot Oil & Gas's revenue was down 21.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.25 EPS. View Cabot Oil & Gas' Earnings History.
When is Cabot Oil & Gas' next earnings date?
What price target have analysts set for COG?
14 Wall Street analysts have issued 1 year target prices for Cabot Oil & Gas' shares. Their forecasts range from $14.00 to $32.00. On average, they expect Cabot Oil & Gas' share price to reach $21.67 in the next twelve months. This suggests a possible upside of 38.9% from the stock's current price. View Analyst Price Targets for Cabot Oil & Gas.
What is the consensus analysts' recommendation for Cabot Oil & Gas?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings 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 with producing properties mainly in the continental U.S. Cabot have lost 24.3% over the past year, underperforming the Zacks Oil & Gas U.S Exploration and Production industry, which has decreased 19.7% over the same period. Being a natural gas-weighted company, Cabot continues to reel under the effects of the commodity's price struggles. The company has cut its annual production growth guidance to 17% from 20% previously. At the same time, it raised full-year 2019 capex view at the mid-point to $810 million, from a prior view of $800 million. Struggling with lawsuits & denied a water permit, Cabot’s Constitution Pipeline Company is likely to be delayed substantially or cancelled. Considering these factors, Cabot is unlikely to return to favor anytime soon." (1/3/2020)
- 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?
News articles about COG stock have been trending negative 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 -2.1 on InfoTrie's scale. They also assigned 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 stock's share price in the near future. View News Stories for Cabot Oil & Gas.
Are investors shorting Cabot Oil & Gas?
Cabot Oil & Gas saw a increase in short interest in January. As of January 31st, there was short interest totalling 30,430,000 shares, an increase of 11.4% from the January 15th total of 27,310,000 shares. Based on an average daily volume of 8,090,000 shares, the short-interest ratio is currently 3.8 days. Currently, 7.6% of the company's stock are sold short. View Cabot Oil & Gas' Current Options Chain.
Who are some of Cabot Oil & Gas' key competitors?
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), Apache (APA), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), WPX Energy (WPX), Cimarex Energy (XEC), Kosmos Energy (KOS), Matador Resources (MTDR) and EQT (EQT).
What other stocks do shareholders of Cabot Oil & Gas own?
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 State Street Corp (5.86%), FMR LLC (2.74%), Capital World Investors (1.86%), Schroder Investment Management Group (1.50%), Bank of New York Mellon Corp (1.35%) and Bank of Montreal Can (1.30%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, Jeffrey W Hutton, Peter B Delaney, Rhys J Best, 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 Great West Life Assurance Co. Can, Scout Investments Inc., Caymus Capital Partners L.P., MERIAN GLOBAL INVESTORS UK Ltd, MERIAN GLOBAL INVESTORS UK Ltd, Teacher Retirement System of Texas, Advisory Research Inc. and King Luther Capital Management Corp. View Insider Buying and Selling for Cabot Oil & Gas.
Which institutional investors are buying Cabot Oil & Gas stock?
COG stock was acquired by a variety of institutional investors in the last quarter, including LSV Asset Management, FMR LLC, Capital Research Global Investors, Bank of Montreal Can, State Street Corp, Bank of New York Mellon Corp, Robeco Institutional Asset Management B.V. and MUFG Securities EMEA plc. Company insiders that have bought Cabot Oil & Gas stock in the last two years include Dan O Dinges, Peter B Delaney, Rhys J Best 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, Robinhood, Fidelity and Charles Schwab.
What is Cabot Oil & Gas' stock price today?
One share of COG stock can currently be purchased for approximately $15.60.
How big of a company is Cabot Oil & Gas?
Cabot Oil & Gas has a market capitalization of $6.36 billion and generates $2.19 billion in revenue each year. The oil and gas exploration company earns $557.04 million in net income (profit) each year or $1.13 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?
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.
