Cabot Oil & Gas Corporation (COG) : During the past 4 weeks, traders have been relatively bearish on Cabot Oil & Gas Corporation (COG), hence the stock is down -5.8% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.87% relative to the S&P 500. The 4-week change in the price of the stock is -3.46% and the stock has fallen -0.45% in the past 1 week.
Cabot Oil & Gas Corporation (NYSE:COG): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $24.46 and $24.28 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $24.69. The buying momentum continued till the end and the stock did not give up its gains. It closed at $24.56, notching a gain of 0.57% for the day. The total traded volume was 3,785,668 . The stock had closed at $24.42 on the previous day.
The stock has recorded a 20-day Moving Average of 0.19% and the 50-Day Moving Average is 0.95%. Cabot Oil & Gas Corporation is up 3.23% in the last 3-month period. Year-to-Date the stock performance stands at 39.09%.
Cabot Oil & Gas Corporation (COG) : Currently there are 16 street experts covering Cabot Oil & Gas Corporation (COG) stock. The most bullish and bearish price target for the stock is $34 and $22 respectively for the short term. The average price target of all the analysts comes to $28.75. The estimated standard deviation from the target is $3.36.
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Companys exploration, development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Companys Marcellus Shale properties are principally located in Susquehanna County and to a lesser extent Wyoming County, Pennsylvania. The Companys properties in the Eagle Ford Shale are principally located in Atascosa, Frio and La Salle Counties, Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States, including the Utica Shale in Pennsylvania; the Cotton Valley, Haynesville, Bossier, and James Lime formations in east Texas, and the Devonian Shale, Big Lime, Weir and Berea in West Virginia.