Economy

Quarterly Financial Watch for Cabot Oil & Gas Corporation (NYSE:COG)

Castleark Management Ltd Liability Corp owns 0.04% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 51,970 shares. Adage Cap Gru Lc has 0.04% invested in Cabot Oil & Gas Corporation (NYSE:COG). A ratio under 1 points out that the company's liabilities are higher than its assets and indicates that the company may be unable to pay off its obligations when they fall short. Parallel Advisors LLC boosted its stake in Cabot Oil & Gas Corporation by 1.4% during the 2nd quarter. OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Cabot Oil & Gas Corporation by 83.8% during the 1st quarter. Goelzer Mgmt Inc reported 247,681 shares. Institutional investors and hedge funds own 96.35% of the company's stock. Zion Oil & Gas earned a news impact score of 0.17 on Accern's scale. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and global copyright & trademark laws.

A number of equities research analysts have issued reports on COG shares. Cowen and Company set a $30.00 price target on Cabot Oil & Gas Corporation and gave the stock a "buy" rating in a research note on Tuesday, July 18th. Cabot Oil & Gas Corporation (NYSE:COG) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. The stock's market cap is $12.21 billion.

Despite the fact Cabot Oil & Gas Corporation (NYSE:COG) was trading at volume less than average, prior 52-week high was $27.14 and surged 4.76% over the same period, trading at a volume of 5.02 million.

The company has mean EPS estimate of 0.17 reported by 28 number of analyst for the quarter ending Current Qtr.(Sep2017). Cabot Oil & Gas Corporation had a positive return on equity of 4.68% and a negative net margin of 10.95%. The firm had revenue of $460.50 million for the quarter, compared to analysts' expectations of $454.76 million. In contrast to the year ago quarter EPS was at 0.17. The business's revenue for the quarter was up 86.6% compared to the same quarter a year ago. Sumitomo Mitsui Tru Holding holds 0.06% in Cabot Oil & Gas Corporation (NYSE:COG) or 1.55M shares.

More notable recent Brookfield Infrastructure Partners L.P. (NYSE:BIP) news were published by: Fool.com which released: "Brookfield Infrastructure Partners results: The raw numbers" on August 03, 2017, also Seekingalpha.com with their article: "Brookfield Infrastructure Partners - The Best Long-Term Utility" published on August 31, 2017, Seekingalpha.com published: "Brookfield Infrastructure Partners - Take Advantage Of Growing Demand For New ..." on July 11, 2017. Corecommodity Mgmt Limited Liability invested in 0.63% or 30,613 shares. The rating was maintained by Nomura with "Neutral" on Tuesday, August 16. The dividend payment was $0.050 per share for the quarter which comes to $0.20 on an annualized basis.

In other Cabot Oil & Gas Corporation news, insider Jeffrey W. Hutton sold 11,918 shares of the firm's stock in a transaction dated Tuesday, September 5th. Volume was down 18.52% under the stocks average daily volume.

Haverford Trust Company increased Cvs Health Corporation (NYSE:CVS) stake by 37,735 shares to 1.12 million valued at $88.22M in 2016Q4. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Since May 5, 2017, it had 0 insider purchases, and 1 insider sale for $90,136 activity. TheStreet cut shares of Cabot Oil & Gas Corporation from a "c" rating to a "d+" rating in a research note on Thursday, August 24th. Citigroup maintained it with "Neutral" rating and $26 target in Monday, September 14 report. Finally, Scotiabank set a $30.00 price objective on shares of Cabot Oil & Gas Corporation and gave the stock a "buy" rating in a research note on Tuesday, August 22nd. The stock presently has an average rating of "Buy" and an average target price of $29.67. Cabot Oil & Gas had 78 analyst reports since July 21, 2015 according to SRatingsIntel. The Firm operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. The Company's assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. It is positive, as 47 investors sold COG shares while 144 reduced holdings.



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