COG - Cabot Oil & Gas Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
16.08
-0.11 (-0.65%)
As of 11:57AM EST. Market open.
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Previous Close16.19
Open16.13
Bid16.10 x 4000
Ask16.11 x 2900
Day's Range15.99 - 16.19
52 Week Range15.61 - 27.65
Volume1483090
Avg. Volume7,718,087
Market Cap6.6B
Beta (3Y Monthly)0.47
PE Ratio (TTM)8.43
EPS (TTM)1.91
Earnings DateFeb 20, 2020 - Feb 24, 2020
Forward Dividend & Yield0.40 (2.47%)
Ex-Dividend Date2019-11-05
1y Target Est21.72
  • As job market stays hot, wages will soon bite margins, Goldman says
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    As job market stays hot, wages will soon bite margins, Goldman says

    The U.S. labor market defied expectations and registered another strong month of growth in November, the Labor Department said Friday. That’s good news for the economy, but at some point higher labor costs may start to nibble away at corporate margins, meaning not-so-good news for shareholders.

  • Is Cabot Oil & Gas Corporation (NYSE:COG) Overpaying Its CEO?
    Simply Wall St.

    Is Cabot Oil & Gas Corporation (NYSE:COG) Overpaying Its CEO?

    Dan Dinges became the CEO of Cabot Oil & Gas Corporation (NYSE:COG) in 2002. This report will, first, examine the CEO...

  • GuruFocus.com

    Stocks That Fell to 3-Year Lows in the Week of Nov. 29

    CenterPoint Energy, Occidental Petroleum, Cabot Oil & Gas and Encana present buying opportunities Continue reading...

  • Hedge Funds Are Buying Cabot Oil & Gas Corporation (COG)
    Insider Monkey

    Hedge Funds Are Buying Cabot Oil & Gas Corporation (COG)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 752 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • The 10 Best Energy Stocks to Buy for 2020
    Kiplinger

    The 10 Best Energy Stocks to Buy for 2020

    As the bull market sails past its first decade, value-minded investors worry that there are few bargains left. But there are, if you're willing to wade into the oil patch. The big problem is finding the courage. Even some of the best energy stocks have suffered recent returns reminiscent of the Deepwater Horizon.Oil-focused stocks naturally are subject to the price of oil, which depends, in part, on Middle East politics, the global economy and U.S. driving habits. Oil prices (as well as natural gas and other energy sources) also depend on supply, and oil has been plentiful, thanks to the revolution in fracking.Over the past 12 months, West Texas intermediate crude oil has seen its price fall to about $57 from $74 a year earlier. This is particularly bad for energy stocks that explore and drill for oil, known as upstream companies. For companies that refine oil into gasoline and other products, however, lower prices can be good, since oil is a cost to them, rather than a product.Will the energy sector find relief in 2020? So far, the experts aren't hopeful. The International Agency Energy says that oil supplies could be rich once again thanks to a pickup in production and tepid growth in demand. That bodes poorly for prices.If you're still willing to brave a potentially difficult sector, however, here are 10 of the best energy stocks to buy for 2020. SEE ALSO: 20 Dividend Stocks to Fund 20 Years of Retirement

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  • PR Newswire

    Cushing® Asset Management and Swank Capital Announce Rebalancing of The Cushing® Energy Supply Chain Index

    DALLAS , Nov. 20, 2019 /PRNewswire/ -- Cushing ® Asset Management, LP, and Swank Capital, LLC, announce today the upcoming rebalancing of The Cushing ® Energy Supply Chain Index (the "Index") ...

  • Chris Davis' 3rd-Quarter Buys
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    Chris Davis' 3rd-Quarter Buys

    Update on the guru’s new buys for the quarter Continue reading...

  • PR Newswire

    Cabot Oil & Gas Corporation Completes Divestiture of Its Ownership Interest in Meade Pipeline Co LLC, Provides Update on Share Repurchase Program

    HOUSTON , Nov. 18, 2019 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") announced today it has completed the previously announced divestiture of its ...

  • Is Cabot Oil & Gas Corporation's (NYSE:COG) P/E Ratio Really That Good?
    Simply Wall St.

    Is Cabot Oil & Gas Corporation's (NYSE:COG) P/E Ratio Really That Good?

    Today, we'll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical...

  • Thomson Reuters StreetEvents

    Edited Transcript of COG earnings conference call or presentation 25-Oct-19 1:30pm GMT

    Q3 2019 Cabot Oil & Gas Corp Earnings Call

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    Global Markets Advance Monday

    DTE Energy shares fall despite earnings beat Continue reading...

  • Bridgewater Sold Chesapeake but Kept COG
    Market Realist

    Bridgewater Sold Chesapeake but Kept COG

    In Q2 2019, Bridgewater Associates doubled its holdings in Cabot Oil and Gas (COG). Energy stocks make up around 2.63% of Bridgewater's portfolio.

  • Stock Market News for Oct 25, 2019
    Zacks

    Stock Market News for Oct 25, 2019

    Mostly positive earnings results on Thursday helped the S&P 500 and the Nasdaq end in the green.

  • Cabot (COG) Q3 Earnings Beat, FCF Soars, Dividend Raised
    Zacks

    Cabot (COG) Q3 Earnings Beat, FCF Soars, Dividend Raised

    Cabot Oil & Gas' (COG) overall production totaled 220.7 Bcfe (100% natural gas), 18.3% higher than the prior-year quarter volume of 186.5 Bcfe.

  • Cabot Oil (COG) Q3 Earnings Top Estimates
    Zacks

    Cabot Oil (COG) Q3 Earnings Top Estimates

    Cabot (COG) delivered earnings and revenue surprises of 7.41% and -5.62%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

  • PR Newswire

    Cabot Oil & Gas Corporation Reports Third Quarter 2019 Results, Increases Dividend by 11 Percent

    HOUSTON , Oct. 24, 2019 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today reported financial and operating results for the third quarter of 2019. ...

  • Why the Earnings Surprise Streak Could Continue for Cabot (COG)
    Zacks

    Why the Earnings Surprise Streak Could Continue for Cabot (COG)

    Cabot (COG) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

  • What Can We Make Of Cabot Oil & Gas Corporation’s (NYSE:COG) High Return On Capital?
    Simply Wall St.

    What Can We Make Of Cabot Oil & Gas Corporation’s (NYSE:COG) High Return On Capital?

    Today we are going to look at Cabot Oil & Gas Corporation (NYSE:COG) to see whether it might be an attractive...

  • Cabot (COG) to Report Q3 Earnings: What's in the Cards?
    Zacks

    Cabot (COG) to Report Q3 Earnings: What's in the Cards?

    Cabot (COG) focuses on high-impact natural gas-oriented drilling. Its acreage in the Marcellus shale play might have cemented its position for substantial output growth in Q3.

  • Cabot Oil (COG) Reports Next Week: Wall Street Expects Earnings Growth
    Zacks

    Cabot Oil (COG) Reports Next Week: Wall Street Expects Earnings Growth

    Cabot (COG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • 3 “Strong Buy” Energy Stocks Ready to Rally
    TipRanks

    3 “Strong Buy” Energy Stocks Ready to Rally

    Oil prices bottomed out last December and rose steadily through the first four months of this year. Since then, however, the oil markets have slipped and been unable to regain traction. On the international market, Brent crude is down 19.6% from its April 23 peak, while the US benchmark WTI has slipped 20.8%.J.P. Morgan’s Dubravko Lakos-Bujas, chief U.S. equity strategist, sees a possible near-term turnaround in the oil markets, however. He writes, “We believe favorable technicals, improving fundamentals with stabilizing business cycle, and ongoing geopolitical tensions in the Middle East could help redirect flows into this universally hated and cheap sector.” In short, the industry has a solid business foundation, while political instability may act to push prices back up. He adds three additional factors that point toward a bullish future for oil. First, the low prices have pushed oil stocks to discount valuations; second, many oil companies are working to lure investors with increased dividends; and third, the US economy shows signs of picking up in the next three to six months.Based on this bullish thesis, we’ve used TipRanks’ Stock Screener to pick out three energy stocks with Strong Buy consensus ratings. All three have weathered the low prices and are ready take advantage of any upturn in the oil markets.Cabot Oil & Gas Corporation (COG)We’ll start with Cabot, the smallest of today’s stock picks. The company has a market cap of $7.4 billion, and is focused on the Marcellus shale formation of the Appalachian region. Cabot controls 11.6 trillion cubic feet of proven natural gas reserves in northeast Pennsylvania. For a mid-size company, this is a large asset in a strategic location of a high-demand area. Cabot has drilled over 650 wells in the last 10 years.Natural gas is a prime fuel for electrical generation as well as home heating and cooking, so Cabot’s product has no want of customers. The company reported 2018 net income of $100 million on revenues of $1.76 billion. While overhead in the gas drilling and fracking business is high, Cabot has sufficient cash flow to maintain a 9-cent per quarter dividend payment, which annualizes at 36 cents and a 2.05% yield. The company has been raising that dividend steadily over the past two years.Cabot’s solid position in the US natural gas industry earned it an upgrade from 5-star Wolfe Research analyst Josh Silverstein. Silverstein changed his stance from Neutral to Buy, writing, “We’ve been on the sidelines at COG looking for a better entry point… With the stock now -20% over the last three months…, we see an improved risk/reward and opportunity to own one of the best low-cost asset bases…” In upgrading his stance on the stock, Silverstein maintained his $27 price target, indicating confidence in a 53% upside to the shares.Overall, COG’s Strong Buy consensus rating comes from 8 reviews, including 6 "buys" and 2 "holds," given in the past three months. The stock is selling for a low $17.59, but the $23.14 average price target suggests a potential of nearly 30% upside. (See Cabot Oil & Gas stock analysis on TipRanks)Diamondback Energy (FANG)Diamondback is a major producer of crude oil, natural gas, and natural gas liquids, all in the Permian Basin of West Texas. Diamondback has over 992 million barrels of proven reserves available for recovering in this rich oil basin, of which 63% is petroleum and the remainder split between various forms of natural gas products. These reserves justify the company’s $13.7 billion market cap.Investor like a strong bottom line, and FANG delivers that, too. The company reported 2018 income of $944 million, based on total revenues of $2.18 billion. While Diamondback just missed earnings expectations in the last quarter, the company’s 2019 EPS has been steadily growing. FANG shares pay out a modest dividend, annualized at 75 cents per share, or a 0.89% yield.With a background like that, it’s no wonder that FANG has attracted rave reviews from the analysts. Neal Dingmann, of SunTrust Robinson, writes of the stock, “We believe the overall 2019 plan (production/CAPEX) remains on track resulting in one of the best growth/returns/FCF stories in the E&P space in our opinion.” His $145 price target implies an upside of 72% for FANG. (To watch Dingmann's track record, click here)J.P. Morgan’s Michael Glick is also upbeat on FANG, saying, “Following the recent pullback in the stock, we model a ~6% FCF yield after dividends in 2020E and have the stock trading ~4.3x EV/EBITDA. In our view, this is one of the more attractive valuations in the sector.” He gives this stock a price target of $139, suggesting room for a 65% upside.All in all, FANG’s analyst consensus rating is a unanimous Strong Buy, with 12 analysts giving it the thumbs up in the last three months. Shares sell for $83, and the average price target is $139; this indicates a potential upside of 65%. (See Diamondback Energy stock analysis on TipRanks)EOG Resources (EOG)Our final stock today is also our largest. EOG has a market cap of $39.6 billion, and has operations in the same Marcellus shale formation as Cabot above. EOG is more spread out, however, with active wells and exploration in the Rocky Mountains, Texas, British Columbia, the island of Trinidad, and the Sichuan Basin of central China. The bulk of the company’s operations, however, are centered in the Permian Basin of Texas. EOG’s proven reserves are given as 2,928 million barrels of oil equivalent.A widespread energy producer with active operations in all of the United States’ most productive oil regions can be expected to bring in a high income, and investors will not be disappointed by EOG’s performance. The company’s 2018 revenues were reported at $17.275 billion and yielded a net income of $3.42 billion. These numbers were based on an annualized daily output of 719 thousand barrels of oil equivalent. EOG has used its strong cash flow to support an annualized dividend of $1.15 per share. The payout ratio, a measure of the dividend compared to the annual EPS, is a healthy 20%.Evercore analyst Stephen Richardson has taken note of EOG, reiterating his Buy rating on the stock and set a bullish price target of $145. He said, “A combination of early (read low cost) entrance into oil basins with the technical prowess to consistently drill and complete some of the best wells industry wide is a differentiator. EOG is perhaps the only upstream entity in a position to bolster ROCE by deploying, not rationing capital which is unique.” Richardson’s price target implies a hefty 113% upside to this stock.Overall, TipRanks’ data shows an overwhelmingly bullish camp backing this oil company. The ‘Strong Buy’ stock has amassed 10 "buy" ratings in the last three months, with just two analysts playing it safe with a "hold." The 12-month average price target stands tall at $102.18, marking nearly 50% in return potential for the stock. (See EOG stock analysis on TipRanks)

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  • Hedge Funds Are Betting On Cabot Oil & Gas Corporation (COG)
    Insider Monkey

    Hedge Funds Are Betting On Cabot Oil & Gas Corporation (COG)

    The financial regulations require hedge funds and wealthy investors that crossed the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]