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

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

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

The independent oil and gas company posted revenue of $37 million in the period, which missed Street forecasts. Stonehearth Capital Management LLC bought a new position in BP in the fourth quarter worth $115,000.

Analysts polled by Thomson Reuters expected Cabot Oil & Gas to report income of $ 0.11 per share on revenue of $ 429.75 million for the fourth quarter. Stock Yards Bank & Trust Co. now owns 11,718 shares of the oil and gas exploration company's stock worth $493,000 after acquiring an additional 1,167 shares in the last quarter. Jennison Associates LLC lifted its holdings in BP by 187.1% in the 4th quarter. Numis Securities cut their price target on Nostrum Oil & Gas from GBX 560 ($7.74) to GBX 540 ($7.46) and set a buy rating on the stock in a research note on Tuesday, October 31st. Finally, Deutsche Bank dropped their price objective on Nostrum Oil & Gas from GBX 385 ($5.32) to GBX 350 ($4.84) and set a hold rating on the stock in a research report on Wednesday, January 31st. The stock of Cabot Oil & Gas Corporation (NYSE:COG) has "Overweight" rating given on Monday, January 23 by Barclays Capital. Williams Capital Group has "Hold" rating and $30.0 target. Piper Jaffray Companies reissued a "buy" rating and issued a $51.00 price target on shares of BP in a report on Wednesday, January 24th. Societe Generale upgraded shares of BP from a "hold" rating to a "buy" rating in a research report on Monday, February 12th. TheStreet downgraded shares of BP from a "b" rating to a "c+" rating in a research report on Tuesday, February 13th.

At the moment 27 analysts are watching Cabot Oil & Gas Corporation (NASDAQ:COG), 6 rate it "Buy", 13 "Outperform", 7 "Underperform", 1 "Sell", while 0 "Hold". The stock's average target of $26.33 is 10.26% above today's ($23.88) share price. The stock decreased 1.91% or $0.15 during the last trading session, reaching $7.7. The firm shows the market capitalization of $11.12 Billion. The biggest holder now is Dan O. Dinges who owns 2,821,754 shares (0.61% of those outstanding), whilst Scott C. Schroeder holds 1,408,709 (0.30% of shares outstanding) and Robert Kelley holds 620,496 (0.13% of shares outstanding). BP plc has a fifty-two week low of $33.10 and a fifty-two week high of $44.62.

Net loss in the quarter narrowed to $479.1 million or $2.66 per diluted share from $1.8 billion or $9.88 in the same quarter a year ago. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

China probes report of possible N. Korea breach of sanctions at sea
Moon also said it is important for South Korea and the United States to cooperate closely, the spokesperson said. Ambassador Nikki Haley said the Trump administration had prevailed where its predecessors had failed.

Among 6 analysts covering Smart Sand (NASDAQ:SND), 5 have Buy rating, 0 Sell and 1 Hold.

COG says Q4 production rose to 172.6B cfe from 164.2B cfe in the year-ago quarter, and the average sale price of natural gas, excluding hedges, rose almost 10% Y/Y to $2.15/Mcf while crude prices jumped 23.5% to $54.77/bbl. After having $0.17 EPS previously, Smart Sand, Inc.'s analysts see -5.88% EPS growth.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Friday, February 16th will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 6.11%. More interesting news about Cabot Oil & Gas Corporation (NYSE:COG) were released by: Livetradingnews.com and their article: "Cabot Oil & Gas Corporation (NYSE:COG) Bullish Divergence" published on February 23, 2018 as well as Seekingalpha.com's news article titled: "Marcellus Bust: 2018 Growth From DUC Blowdown" with publication date: January 30, 2018. BP's dividend payout ratio (DPR) is 233.34%.

"FinnCap Reiterates "Corporate" Rating for Europa Oil & Gas (EOG)" was first posted by Equities Focus and is the property of of Equities Focus. If you are accessing this article on another site, it was illegally copied and reposted in violation of United States and global copyright legislation. Cabot Oil & Gas Corporation has P/S value of 6.62 while its P/B value stands at 4.17. Sailingstone Capital Partners Llc who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be less bullish one the $11.05 billion market cap company. Moreover, Fiduciary Trust Company has 0.66% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 798,935 shares. The Company is engaged in the production, development and exploration of oil and gas in the pre-Caspian Basin.

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