|Bid||20.15 x 100|
|Ask||27.41 x 100|
|Day's Range||23.98 - 24.56|
|52 Week Range||21.40 - 29.57|
|PE Ratio (TTM)||112.92|
|Earnings Date||Apr 26, 2018 - Apr 30, 2018|
|Forward Dividend & Yield||0.24 (1.00%)|
|1y Target Est||31.45|
Privately held energy company Venado Oil & Gas LLC and investment firm KKR & Co. have acquired Cabot Oil & Gas Corp.’s Eagle Ford assets for $765 million.
A partnership between an Austin-based oil company and a Houston-based investment firm has closed on a $765 million deal to buy hundreds of oil wells and thousands of acres of leases about 100 miles southwest of San Antonio.
Cognor Holding SA. (WSE:COG) outperformed the Steel industry on the basis of its ROE – producing a higher 15.58% relative to the peer average of 12.27% over the past 12Read More...
U.S. oil production topped 10 million barrels per day earlier this year, approaching a record set in 1970, but until recently many investors in the shale oil revolution were still waiting for their payday. Since the beginning of year, 11 companies have promised buybacks, with six alone in the past three weeks including Devon Energy (DVN.N), Hess Corp (HES.N) and Noble Energy Inc (NBL.N). The United States' second largest producer Chevron Corp (CVX.N) also weighed in last week, hinting it would start buying back shares if it produced stronger cash flow in 2018.
While Cabot's (COG) cost management and robust Marcellus program bode well, we believe delays and lawsuits associated with the Constitution Pipeline will dilute the earnings outlook.
Mar.20 -- Bloomberg’s Jason Kelly discusses KKR teaming up with Venado Oil & Gas. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."