Cabot Oil & Gas Corporation (COG) : Cabot Oil & Gas Corporation (COG) had a healthy money flow of $0.81 million into the stock during the Fridays trading session. The value of bullish trades on upticks was $4.25 million, whereas, investors only sold shares worth $3.44 million on downticks. The stock closed the day with an up-down ratio of 1.24.The money flow in the block trades to the tune of $0.77 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $0.77 million worth of transactions were on upticks. Cabot Oil & Gas Corporation (COG) stock slid $0.03 intraday and traded at 24.43, a change of -0.11% over previous days close. However, for the week, the company shares are -3.16% compared to previous weeks close.
The company Insiders own 1.8% of Cabot Oil & Gas Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.68% . Institutional Investors own 95.18% of Cabot Oil & Gas Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -15.12%.
In a related news,The Officer (Vice Pres. & General Counsel) of CABOT OIL & GAS CORP, Cunningham George Kevin sold 6,178 shares at $25.32 on June 21, 2016. The Insider selling transaction had a total value worth of $156,427. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Cabot Oil & Gas Corporation (NYSE:COG): stock was range-bound between the intraday low of $24.37 and the intraday high of $24.77 after having opened at $24.69 on Fridays session. The stock finally closed in the red at $24.69, a loss of -0.20%. The stock remained in the red for the whole trading day. The total traded volume was 4,385,477 shares. The stock failed to cross $24.77 in Fridays trading. The stocks closing price on Thursday was $24.46.
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 -0.48% 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 -3.74% relative to the S&P 500. The 4-week change in the price of the stock is -0.61% and the stock has fallen -3.25% in the past 1 week.
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.