Published: Sat, July 08, 2017
Hi-Tech | By Ellis Neal

Cabot Oil & Gas Corporation (COG) Going Through Hard Times This Year


The company had revenue of $517.80 million for the quarter, compared to analyst estimates of $464.45 million. It has outperformed by 3.16% the S&P500. GSA Capital Partners LLP raised its stake in Cabot Corporation by 35.5% in the fourth quarter. FMR LLC now owns 25,468,996 shares of the oil and gas exploration company's stock worth $608,964,000 after buying an additional 6,277,179 shares in the last quarter.

In Independent Oil & Gas Industry, Cabot Oil & Gas Corporation (COG) have 460.70 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. The firm's market capitalization is $11.70 billion. It closed at $24.26 lastly. It is down 0.00% since July 6, 2016 and is. It has underperformed by 15.45% the S&P500.

Since March 23, 2017, it had 0 buys, and 2 selling transactions for $177,696 activity. MARSHALL RUTH ANN had sold 6,046 shares worth $245,528.

Covering sell-side analysts have recently weighed in on shares of Seagate Technology plc (NASDAQ:STX). Therefore 54% are positive. Stephens Inc. AR now owns 7,578 shares of the oil and gas exploration company's stock worth $181,000 after buying an additional 5,746 shares in the last quarter. The firm has "Buy" rating by DA Davidson given on Friday, September 23. The firm earned "Sell" rating on Monday, April 3 by Jefferies. Credit Suisse downgraded the shares of NVS in report on Wednesday, January 11 to "Neutral" rating. On Tuesday, July 21 the stock rating was initiated by Cowen & Co with "Market Perform".

About 4.83M shares traded. Elizabeth Park Capital Advisors Ltd sold 79,171 shares as Qcr Holdings Inc (QCRH)'s stock declined 4.12%.

Investors sentiment increased to 0.97 in 2016 Q4. Its down 0.13, from 1.4 in 2016Q3. The stock was sold at an average price of $24.12, for a total transaction of $90,136.44. 30 funds opened positions while 82 raised stakes. BofA/Merrill raised its rating on Cabot Oil & Gas Corporation to Buy on 30/06/2017 in a reversal from its prior Neutral rating. Pinnacle Hldg Lc reported 0% stake. Hedge funds and other institutional investors own 96.04% of the company's stock. The stock declined 0.52% or $0.25 reaching $47.55 per share. Jpmorgan Chase Communications reported 0% stake. New York-based Citigroup has invested 0.01% in Conagra Brands Inc (NYSE:CAG). Eidelman Virant holds 129,000 shares. 316,782 were accumulated by Manufacturers Life Insur The. Parametric Limited Liability Company reported 0.03% of its portfolio in Cabot Corp (NYSE:CBT). It is 0.00% or $0 reaching $0 per share. Dupont Capital owns 14,941 shares. First Quadrant Limited Partnership Ca reported 92,269 shares or 0.04% of all its holdings. Caxton Associate LP holds 73,664 shares or 0.08% of its portfolio. 1832 Asset Limited Partnership owns 248,900 shares or 0.02% of their USA portfolio.

Analysts await ONE Gas Inc (NYSE:OGS) to report earnings on August, 7. During the same period past year, the company posted $0.70 earnings per share. COG's profit will be $69.19 million for 40.25 P/E if the $0.15 EPS becomes a reality.

28 analysts on average are expecting Cabot Oil & Gas Corporation to report earnings of $0.15 per share for the current quarter. Therefore 33% are positive. Cabot Oil & Gas had 64 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has "Sector Perform" rating by Howard Weil given on Tuesday, October 27.

Shares of Cabot Oil & Gas Corporation (NYSE:COG) dropped -0.92% to $24.90. Centre Asset Management LLC owned about 0.07% of Cabot Oil & Gas Corporation as of its most recent SEC filing. The stock spiked 10.27% last month and is up 3.85 this year. The company was downgraded on Thursday, October 20 by Suntrust Robinson. The company now has an average rating of "Buy" and a consensus price target of $29.74. Scotiabank set a $28.00 target price on shares of Cabot Oil & Gas Corporation and gave the stock a "buy" rating in a research report on Saturday. Southport Mgmt Limited has invested 1.25% in Cabot Oil & Gas Corporation (NYSE:COG). First Manhattan Co. acquired a new position in Cabot Oil & Gas Corporation during the first quarter valued at approximately $100,000.

First Citizens Bank & Trust Co increased First Ctzns Bancshares Inc N (NASDAQ:FCNCA) stake by 1,432 shares to 6,808 valued at $2.42 million in 2016Q4. Cibc World Markets Corp now owns 49,637 shares of the oil and gas exploration company's stock worth $1,187,000 after buying an additional 17,672 shares during the period. Also Prnewswire.com published the news titled: "Technical Research on Independent Oil & Gas Equities - Denbury Resources ..." on June 13, 2017. Gulf International Bank UK Ltd boosted its position in Cabot Oil & Gas Corporation by 1.8% in the first quarter.

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