Cabot Oil & Gas Stock Forecast, Price & News

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. Since then, COG shares have increased by 9.6% and is now trading at $17.77.
View which stocks have been most impacted by COVID-19.

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cabot Oil & Gas in the last year. There are currently 1 sell rating, 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Cabot Oil & Gas.

Wall Street analysts have given Cabot Oil & Gas a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Cabot Oil & Gas wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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) announced its quarterly earnings data on Thursday, October, 29th. The oil and gas exploration company reported $0.09 earnings per share (EPS) for the quarter, topping the 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 net margin of 16.73% and a return on equity of 8.84%. Cabot Oil & Gas's revenue was down 32.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.29 earnings per share.
View Cabot Oil & Gas' earnings history.

Cabot Oil & Gas announced a quarterly dividend on Wednesday, October 28th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.10 per share on Monday, November 23rd. This represents a $0.40 dividend on an annualized basis and a yield of 2.25%. The ex-dividend date of this dividend is Tuesday, November 10th.
View Cabot Oil & Gas' dividend history.

Cabot Oil & Gas declared that its Board of Directors has approved a stock buyback program on Friday, July 26th 2019, which allows the company to repurchase 25,000,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

17 brokerages have issued 1 year price objectives for Cabot Oil & Gas' shares. Their forecasts range from $16.00 to $23.00. On average, they anticipate Cabot Oil & Gas' share price to reach $20.59 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Cabot Oil & Gas.

Some companies that are related to Cabot Oil & Gas include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Oasis Petroleum (OAS), Diamondback Energy (FANG), Continental Resources (CLR), Devon Energy (DVN), Apache (APA), Marathon Oil (MRO), WPX Energy (WPX), EQT (EQT), Cimarex Energy (XEC), Range Resources (RRC) and Southwestern Energy (SWN).
View all 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 a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.17%), State Street Corp (6.42%), Manning & Napier Group LLC (2.34%), King Luther Capital Management Corp (1.02%), Sound Shore Management Inc CT (0.99%) and AJO LP (0.95%). Company insiders that own Cabot Oil & Gas stock include Dan O Dinges, 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 Connor Clark & Lunn Investment Management Ltd., Arrowstreet Capital Limited Partnership, Public Employees Retirement System of Ohio, BlackRock Inc., Paloma Partners Management Co, Assenagon Asset Management S.A., First Trust Advisors LP, and Sound Shore Management Inc CT.
View insider buying and selling activity for Cabot Oil & Gas.

COG stock was acquired by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, AJO LP, Payden & Rygel, Wells Fargo & Company MN, Lansdowne Partners UK LLP, Psagot Investment House Ltd., Victory Capital Management Inc., and DAVENPORT & Co LLC. 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.

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.

One share of COG stock can currently be purchased for approximately $17.77.

Cabot Oil & Gas has a market capitalization of $7.08 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]