A Fresh Look At Cabot Oil & Gas Corporation (NYSE:COG)


Cabot Oil & Gas Corporation (NYSE:COG) closed its last session at $24. The stock traded within a range of $23.29 and $24.26. The company operates in the Energy sector with a market capitalization of 11.1 Million. Trading volume for Cabot Oil & Gas Corporation was 5.84 Million in its previous trading session. Currently, Cabot Oil & Gas Corporation (NYSE:COG) has an average volume of 4.85 Million.

Company Profile

Cabot Oil & Gas Corp. is independent oil and Gas Company engaged in the exploration, development, acquisition and exploitation of oil and gas properties located in four areas of the United States: the onshore Texas and Louisiana Gulf Coast; the Rocky Mountains; Appalachia; and the Mid-Continent or Anadarko Basin. Cabot’s exploration, development and production operations are primarily concentrated in two unconventional plays-the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Company also has non-core operations in various other unconventional and conventional plays throughout the continental United States.  Cabot Oil & Gas Corporation  is headquartered in Houston, Texas.

Analyst Views

Cabot Oil & Gas Corporation (NYSE:COG) received a Buy rating from 1 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Cabot Oil & Gas Corporation (NYSE:COG) touched its 1-Year High price of $29.57 on 11/30/17 and its 1-Year Low price of $21.40 on 06/05/17.

EPS & Financials

Cabot Oil & Gas Corporation (NYSE:COG) reported its EPS in the last quarter as $0.07/Share lagging the analyst estimate of $0.07/Share by a difference of $0. This showed a surprise of 0% in the last quarter earnings.

For the current quarter, 27 analysts are projecting a mean EPS of $0.11/share. According to their observations and findings, the stock could provide a high EPS of $0.21/share and a low EPS of $0.07/share.

Analysts believe that the company has the potential to earn average revenue of $430.94 Million for the current quarter. According to their predictions high & low revenue estimates are 477 Million and 400.55 Million respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Cabot Oil & Gas Corporation (NYSE:COG) has a 20-Day average volume of 5.75 Million. According to today’s trading volume Cabot Oil & Gas Corporation is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BEARISH territory while an analysis of the last 40-Day trend shows a BEARISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 1.3 Percent and Institutional ownership of 98.7 Percent. The return on assets stands at -2.9%, Return on Equity currently is -5.6% and the Return on Investment value is -8%.

Cabot Oil & Gas Corporation (NYSE:COG) gross margin percentage stands at 31.1% while its operating margin for the past trailing twelve month is -9.3 percent and its overall profit margin (ttm) is -8.8 Percent. The stock is currently moving below its 20-Day Simple Moving Average of -7.84% with a 50-Day Simple Moving Average of -12.03 percent. As of today, the company has a SMA200 (200-day simple moving average) of -7.06 Percent. The Stock has YTD (year to date) performance of -16.08 percent.

The TTM operating margin for the company stands at -9.3%. The return on invested capital is at -8%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 154.6.

The company’s stock is currently moving with a -ve distance from the 200 day SMA of approximately -7.06%, and has a solid year to date (YTD) performance of -16.08% which means that the stock is constantly adding to its value from the previous fiscal year end price.