Zacks Rating on Cabot Oil & Gas Corporation (COG)

Cabot Oil & Gas Corporation (COG) : The consensus on Cabot Oil & Gas Corporation (COG) based on 20 analyst recommendation on the company stock is 1.8, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 12 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 8 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Cabot Oil & Gas Corporation (COG) : 16 investment research analysts covering Cabot Oil & Gas Corporation (COG) have an average price target of $29 for the near short term. The highest target price given by the Brokerage Firm to the stock is $35 and the lowest target is $22 for the short term. Analysts expect the variance to be within $3.67 of the average price.


Shares of Cabot Oil & Gas Corporation rose by 3.71% in the last five trading days and 10.44% for the last 4 weeks. Cabot Oil & Gas Corporation is up 11.72% in the last 3-month period. Year-to-Date the stock performance stands at 47.42%. Cabot Oil & Gas Corporation (NYSE:COG): stock turned positive on Tuesday. Though the stock opened at $25.83, the bulls momentum made the stock top out at $26.14 level for the day. The stock recorded a low of $25.77 and closed the trading day at $26.01, in the green by 1.05%. The total traded volume for the day was 2,881,161. The stock had closed at $25.74 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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