COG stock: buy or sell?
May 20th, 2019
Cabot Oil & Gas Corporation, an independent oil and gas company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States.
Should I buy COG stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Cabot Oil & Gas stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Cabot Oil & Gas stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we detected 6 ratings published for COG stock in the last 30 days. The general sentiment of these ratings is bullish for COG stock, with 3 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-1-7||Jefferies Financial Group||Hold||Buy|
|2019-1-14||KeyCorp||Sector Weight||Sector Weight|
COG stock analysis
Cabot Oil & Gas shares grew 1.11% to $26.46 today.
Cabot Oil & Gas closed today at $26.46 and grew a decent 1.11%. On January COG price bounced up over the SMA of 200 days demonstrating to be a significant support for this stock. Since last March when SMA50d and SMA100d crossed up, COG price gained $1.31 per share (5.21%).
Cabot Oil & Gas shares appreciated 1.11% this week, ending at $26.46. Counting this, it's been 3 climbing weeks in a row, soaring a 4.44%. Late April COG plummed a horrible -5.10% in just one week.
COG shows a long term strength with several rising tops and rising bottoms. It left a new bottom at $24.96 early May. Previous top ($27.55) will play as a resistance in possible new gains. Since early January when COG stock price broke up the SMA40w line, it gained $3.47 (15.09%). By mid November 2018, SMA20w and SMA40w crossed up triggering a rise of 3.97%.
COG stock price history
COG stock went public on February 8th, 1990 with a price of $0.261. Since then, COG stock grew a 10,076.90%, with a yearly average of 347.50%. If you had invested right after COG's IPO a $1,000 in COG stock in 1990, it would worth $100,769.00 today.
1: Adjusted price after possible price splits or reverse-splits.
COG stock historical price chart
COG stock reached 52-week highs on April/15 at $27.55, and all-time highs 2014-02-05 with a price of 40.45.
COG stock price target is $29.20Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 5 price predictions for COG stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-4-9||TD Securities||Raises Target||$30.00||$36.00||20%|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Cabot Oil & Gas didn't meet the estimates of the analysts and posted a fateful EPS of $0.52 per share when experts were expecting $0.57.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Cabot Oil & Gas annual sales climbed a dazzling 22.69% to $2,143.72 M USD from $1,747.29 marked in 2017. Likewise, its profit margin (compared to revenues) rocketed to 25.98%, that is $557.04 million.
|2013||$1,690 M||-||$280 M16.6%||-|
|2014||$1,954 M||15.60%||$104 M5.3%||-62.66%|
|2015||$1,300 M||-33.44%||$-113.89 M-8.8%||-209.02%|
|2016||$1,195 M||-8.14%||$-417.12 M-34.9%||266.25%|
|2017||$1,747 M||46.26%||$100 M5.7%||-124.07%|
|2018||$2,144 M||22.69%||$557 M26.0%||454.86%|
Quarterly financial resultsCabot Oil & Gas posted $670.24 million in revenues for 2018-Q4, a 22.15% improvement compared to previous quarter. Reported quarter income marked $275.05 million with a profit margin of 41.04%. Profit margin skyrocketed a 18.74% compared to previous quarter when profit margin was 22.30%. When comparing sales to same quarter last year, Cabot Oil & Gas sales marked an astounding gain and boosted a 55.90%. Looking back to recent quarterly results, Cabot Oil & Gas posted 2 positive quarters in a row.
|2017-Q2||$447 M||-||$22 M4.8%||-|
|2017-Q3||$386 M||-13.52%||$18 M4.6%||-18.30%|
|2017-Q4||$430 M||11.31%||$-44 M-10.3%||-352.65%|
|2018-Q1||$468 M||8.77%||$117 M25.1%||-363.79%|
|2018-Q2||$457 M||-2.25%||$42 M9.3%||-63.81%|
|2018-Q3||$549 M||20.04%||$122 M22.3%||188.32%|
|2018-Q4||$670 M||22.15%||$275 M41.0%||124.83%|
|2019-Q1||$633 M||-5.49%||$263 M41.5%||-4.47%|
Cabot Oil & Gas ownershipWhen you are planning to buy shares of a stock, it's always worth to review its ownership structure.
Cabot Oil & Gas shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 1.69% of all shares.
Bearish positions for COG stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Cabot Oil & Gas:
|Market cap||$11.2 B||$36.5 B||$2.4 B||$3.9 B||$54.0 B|
|Total shares||423.3 M||502.1 M||309.1 M||1,620.0 M||580.3 M|
|Float shares||415.9 M||501.0 M||216.9 M||1,110.0 M||578.2 M|
|- Institutional holdings (%)||104.8%||88.5%||41.1%||63.8%||89.2%|
|- Insider holdings (%)||1.7%||0.3%||1.4%||1.1%||0.5%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Monday, May 20th, 2019|
|Day range||$26.17 - $26.52|
|Average true range||$0.50|
|50d mov avg||$26.08|
|100d mov avg||$25.30|
|200d mov avg||$24.44|
Cabot Oil & Gas performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose Anadarko Petroleum, Antero Resources, Chesapeake Energy, EOG Resources, EQT, Noble Energy, Range Resources, SM Energy and Southwestern Energy as the bechmarking frame for Cabot Oil & Gas stock.
|COGCabot Oil & Gas||9.43%||4.05%||18.97%|
Cabot Oil & Gas competitorsWe selected a few stocks to conform a list of Cabot Oil & Gas competitors to watch if you are interested in investing in COG:
- Anadarko Petroleum (APC)
- Antero Resources (AR)
- Chesapeake Energy (CHK)
- EOG Resources (EOG)
- EQT (EQT)
- Noble Energy (NBL)
- Range Resources (RRC)
- SM Energy (SM)
- Southwestern Energy (SWN)
Latest COG stock news
- Seeking AlphaCabot Oil & Gas Making Boatloads Of Money With Its Low-Cost Gas ProductionApril 23, 2019
- Seeking AlphaGulfport Energy Vs. Cabot Oil & Gas - Part IIApril 21, 2019
- InvestorPlace3 Big Stock Charts for Tuesday: Westrock, Cabot Oil & Gas and Principal Financial GroupApril 9, 2019
- InvestorPlace3 Big Stock Charts for Wednesday: Cabot Oil & Gas, Incyte and Sempra EnergyFebruary 27, 2019
- Seeking AlphaCabot Oil & Gas: A Steady Cash Flow Generator In Most Market ConditionsFebruary 25, 2019