Firms & Funds Favorite: Cabot Oil & Gas Corporation (NYSE:COG)

Xavier Trudeau
Mai 17, 2017

Growth in earnings per share is everything. Stock exchanged hands with the total volume of 4.55 Million shares, as contrast to its average volume of 542,954 shares.

Dividend information for Cabot Oil & Gas Co. (NYSE:COG) traded down 1.77% during trading on Tuesday, reaching $23.83. The stock had a trading volume of 5,076,431 shares. The stock now has a Market Cap of $11.51B.

Recent Insider Trading Activity For Cabot Oil & Gas Co. Forterra, now trading -21.99% below its 20-day and -21.56% versus the 200-day simple moving averages while -20.74% compared with its 50-day simple moving average.

Cabot Oil & Gas Co. had a negative net margin of 21.03% and a negative return on equity of 4.68%. (NYSE:COG) last posted its quarterly earnings results on Friday, April 28th. The oil and gas exploration company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.16 by $0.03. The business had revenue of $517.80 million during the quarter, compared to analyst estimates of $464.45 million.

09/28/2016 - GMP Securities began new coverage on Cabot Oil & Gas Corporation giving the company a "buy" rating.

The company's expected revenue in the current quarter to be 461.26 Million, seeing a projected current quarter growth of 328.6%, and per annum growth estimates over the next 5 year period of around 62.45%. (NYSE:COG) pays an annual dividend of 7 Hold Ratings, 12 Buy Ratings with a yield of 0.33% and an average dividend growth of 10.10% based on a 3 Year Average. Shareholders of record on Wednesday, May 17th will be given a dividend of $0.05 per share. Sabine Oil & Gas Corp earned a news impact score of 0.45 on AlphaOne's scale. The ex-dividend date is Monday, May 15th. Cabot Oil & Gas Co. has a dividend payout ratio of 30.3% meaning its dividend is sufficiently covered by earnings.

COG has been the topic of several recent analyst reports.

05/01/2017 - Piper Jaffray began new coverage on Cabot Oil & Gas Corporation giving the company a "overweight" rating.

Bank of America "Upgrades" Cabot Oil & Gas Corp (NYSE:COG) in a research note issued to investors on 5/11/17 to Neutral with price target of $0.

Cabot Oil & Gas Corporation (COG), a part of Basic Materials sector and belongs to Independent Oil & Gas industry; ended its day with loss -1.89% and finalized at the price of $24.34.

The institutional ownership of Cabot Oil & Gas Corporation (NYSE:COG) was 100.00%. Finally, Sanford C. Bernstein downgraded Cabot Oil & Gas Co. from an "outperform" rating to a "market perform" rating in a research report on Tuesday, February 28th. Seven investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. According to Thomson Reuters, sell-side analysts are forecasting a harmony target price of $29.42 on company shares. Institutions are now holders of 100.00% of the shares.

Stock market analysts and brokers have recently amended their target prices on shares of Cabot Oil & Gas Corporation (NYSE:COG). A beta of greater than 1 indicates that the security's price will be more volatile than the market. Financial Architects Inc increased its position in Cabot Oil & Gas 24.4% in the first quarter. SailingStone Capital Partners LLC raised its position in shares of Cabot Oil & Gas 51.4% in the fourth quarter.

The number of shares traded in the last trading session was 4.9 Million. Sanders Capital LLC now owns 17,933,061 shares of the oil and gas exploration company's stock worth $472,013,000 after buying an additional 5,660,006 shares during the period.

State of Tennessee Treasury Department raised its position in Cabot Oil & Gas Co. Sumitomo Mitsui Asset Management Company LTD now owns 36,500 shares of the oil and gas exploration company's stock valued at $941,000 after buying an additional 117 shares during the period. Finally, Capital World Investors boosted its position in Cabot Oil & Gas 3,602.9% in the third quarter.

TRADEMARK VIOLATION WARNING: "Cabot Oil & Gas Co. (COG) Sees Significant Growth in Short Interest" was reported by Chaffey Breeze and is owned by of Chaffey Breeze. If you are viewing this story on another domain, it was illegally copied and reposted in violation of U.S. and global trademark and copyright legislation. The Company operates through the oil and gas exploration and production segment.

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