NYSE:COGCabot Oil & Gas Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cabot Oil & Gas Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $17.35 +0.65 (+3.89 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$16.72Now: $17.35▼$17.5750-Day Range$13.51MA: $15.85▼$19.0952-Week Range$13.06Now: $17.35▼$27.65Volume9.11 million shsAverage Volume15.96 million shsMarket Capitalization$6.92 billionP/E Ratio10.64Dividend Yield2.40%Beta-0.03 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingCabot Oil & Gas has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 10 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.42, Cabot Oil & Gas has a potential upside of 23.4% from its current price of $17.35.Amount of Analyst CoverageCabot Oil & Gas has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCabot Oil & Gas has received 693 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCabot Oil & Gas has received 739 “underperform” votes. (Add your “underperform” vote.)Community SentimentCabot Oil & Gas has received 51.61% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCabot Oil & Gas is a leading dividend payer. It pays a dividend yield of 2.40%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCabot Oil & Gas has only been increasing its dividend for 3 years.Dividend CoverageThe dividend payout ratio of Cabot Oil & Gas is 24.69 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cabot Oil & Gas will have a dividend payout ratio of 37.38 % next year. This indicates that Cabot Oil & Gas will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cabot Oil & Gas insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.10% of the stock of Cabot Oil & Gas is held by insiders.Percentage Held by Institutions96.30% of the stock of Cabot Oil & Gas is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Cabot Oil & Gas are expected to grow by 105.77% in the coming year, from $0.52 to $1.07 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cabot Oil & Gas is 10.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 10.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Cabot Oil & Gas is 10.64, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.01.Price to Book Value per Share RatioCabot Oil & Gas has a P/B Ratio of 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 out of 5 stars 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 CIK858470 Webhttp://www.cabotog.com/ Phone281-589-4600Debt Debt-to-Equity Ratio0.53 Current Ratio1.73 Quick Ratio1.69Price-To-Earnings Trailing P/E Ratio10.64 Forward P/E Ratio33.37 P/E GrowthN/A Sales & Book Value Annual Sales$2.07 billion Price / Sales3.35 Cash Flow$2.76 per share Price / Cash Flow6.28 Book Value$5.27 per share Price / Book3.29Profitability EPS (Most Recent Fiscal Year)$1.62 Net Income$681.07 million Net Margins32.96% Return on Equity29.82% Return on Assets14.98%Miscellaneous Employees483 Outstanding Shares398,580,000Market Cap$6.92 billion Next Earnings Date4/24/2020 (Estimated) OptionableOptionable Receive COG News and Ratings via Email Sign-up to receive the latest news and ratings for COG and its competitors with MarketBeat's FREE daily newsletter. COG Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, COG shares have increased by 7.0% and is now trading at $17.35. 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) posted its quarterly earnings results on Thursday, February, 20th. The oil and gas exploration company reported $0.30 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.30. The oil and gas exploration company had revenue of $461.40 million for the quarter, compared to the consensus estimate of $476.04 million. Cabot Oil & Gas had a return on equity of 29.82% and a net margin of 32.96%. The firm's revenue was down 35.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 EPS. 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. Investors of record on Friday, January 24th will be paid a dividend of $0.10 per share on Friday, February 7th. This represents a $0.40 annualized dividend and a yield of 2.31%. The ex-dividend date is Thursday, January 23rd. View Cabot Oil & Gas' dividend history. How will Cabot Oil & Gas' stock buyback program work? Cabot Oil & Gas declared that its Board of Directors has authorized a stock buyback plan 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 reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued. What price target have analysts set for COG? 15 Wall Street analysts have issued 12 month price objectives for Cabot Oil & Gas' shares. Their forecasts range from $13.00 to $32.00. On average, they expect Cabot Oil & Gas' stock price to reach $21.42 in the next twelve months. This suggests a possible upside of 23.4% 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? Press coverage about COG stock has trended very negative on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring 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 news sentiment score of -3.3 on InfoTrie's scale. They also gave news articles about the oil and gas exploration company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutCabot Oil & Gas. Are investors shorting Cabot Oil & Gas? Cabot Oil & Gas saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 23,676,200 shares, a decrease of 6.5% from the February 27th total of 25,320,000 shares. Based on an average daily trading volume, of 9,170,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 6.1% 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), Continental Resources (CLR), Noble Energy (NBL), Devon Energy (DVN), Marathon Oil (MRO), EQT (EQT), Apache (APA), Cimarex Energy (XEC), WPX Energy (WPX), Comstock Resources (CRK) and SRC Energy (SRCI). 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 $17.35. How big of a company is Cabot Oil & Gas? Cabot Oil & Gas has a market capitalization of $6.92 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: The risks of owning bonds
