Shares of Cabot Oil & Gas Corporation (COG) Sees Large Inflow of Net Money Flow

Cabot Oil & Gas Corporation (COG) : Investors lapped up stocks on upticks to the tune of $0.73 million in the Mondays trading session. The trading value on downticks was comparatively at $0.08 million and the uptick to downtick ratio of 9.11 indicates continuous buying by the bulls. The net money flow into the stock was $0.65 million. Upticks saw transactions worth $0.64 clearly indicating buying by large investors. The total money flow for block trades stood at $0.64 million, which is a positive for the stock in the long-term. Cabot Oil & Gas Corporation (COG) fell $0.04 during the day at $25.02, a drop of -0.16% over the previous days close. However, for the week, the stock is -1.65%, compared to the previous week.


Cabot Oil & Gas Corporation is up 8.38% in the last 3-month period. Year-to-Date the stock performance stands at 43.57%. Cabot Oil & Gas Corporation has dropped 0.98% in the last five trading days, however, the shares have posted positive gains of 3.89% in the last 4 weeks. 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 turned positive on Monday. Though the stock opened at $25.08, the bulls momentum made the stock top out at $25.5275 level for the day. The stock recorded a low of $24.91 and closed the trading day at $25.35, in the green by 1.16%. The total traded volume for the day was 2,988,112. The stock had closed at $25.06 in the previous days trading.

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.

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