Haven't seen any news,but it's down 2.5% with the post-Cliff market roaring. Is it finally time to buy some?
check the news - some guy saying it has ugly balance sheet - blah blah
It might be because they are spending too much money drilling gas wells when gas is in the #$%$ without any sign of a recovery.
Natual gas price is down 4.3% today.
I own several natgas producers-dvn,eqt,nfg-none of them are down so much. I think cog was overbought so this is a bit of a correction,plus the reaction to the fall in gas prices.
Seriously, you don't know ?