COG stock: buy or sell?

COG stock price: $26.46 1.11% At close on May 20th, 2019

Updated on:
May 20th, 2019

3

Shares of Cabot Oil & Gas grew a decent 1.11% and closed at $26.46.

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.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean COG will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

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.
Is COG a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-4-9TD Securitiesn/aBuy
2019-4-9Cowenn/aOutperform
2019-2-22Williams Capitaln/aHold
2019-2-11Williams Capitaln/aHold
2019-1-7Jefferies Financial GroupHoldBuy
2019-1-14KeyCorpSector WeightSector Weight

COG stock analysis

Daily outlook

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%).

COG stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $29.20

Nobody 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:
COG stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-4-9TD SecuritiesRaises Target$30.00$36.0020%
2019-4-9CowenInitiatesn/a$32.00-
2019-2-22Williams CapitalReiteratesn/a$27.00-
2019-2-11Williams CapitalReiteratesn/a$27.00-
2019-1-14KeyCorpInitiatesn/a$24.18-
(in average)$30.00$29.20-3.0%
The price target for Cabot Oil & Gas stock is $29.20, moving in a range between $36.00 and $24.18. In average, analysts' outlook on COG price forecast is negative, downgrading the forecast by a -3.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
COG earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q2-n/a0.13n/a
2017-Q32017-10-270.070.070.0%
2017-Q42018-02-230.090.1233.3%
2018-Q12018-04-270.250.278.0%
2018-Q22018-07-270.180.13-27.8%
2018-Q32018-10-260.260.24-7.7%
2018-Q42019-02-220.570.52-8.8%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a
2019-Q3-n/an/an/a

Annual financial results

In 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.

COG annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$1,690 M-$280 M16.6%-
2014$1,954 M15.60%$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 M46.26%$100 M5.7%-124.07%
2018$2,144 M22.69%$557 M26.0%454.86%

Quarterly financial results

Cabot 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.
COG quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q2$447 M-$22 M4.8%-
2017-Q3$386 M-13.52%$18 M4.6%-18.30%
2017-Q4$430 M11.31%$-44 M-10.3%-352.65%
2018-Q1$468 M8.77%$117 M25.1%-363.79%
2018-Q2$457 M-2.25%$42 M9.3%-63.81%
2018-Q3$549 M20.04%$122 M22.3%188.32%
2018-Q4$670 M22.15%$275 M41.0%124.83%
2019-Q1$633 M-5.49%$263 M41.5%-4.47%

Cabot Oil & Gas ownership

When 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:

COGAPCARCHKEOG
Market cap$11.2 B$36.5 B$2.4 B$3.9 B$54.0 B
Total shares423.3 M502.1 M309.1 M1,620.0 M580.3 M
Float shares415.9 M501.0 M216.9 M1,110.0 M578.2 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 selling0.0%0.0%0.0%0.0%0.0%

COG summary

Monday, May 20th, 2019
Open$26.26
Close$26.46
Day range$26.17 - $26.52
Previous close$26.17
Session gain1.11%
Average true range$0.50
50d mov avg$26.08
100d mov avg$25.30
200d mov avg$24.44
Daily patternlt03a
Weekly pattern lb03a

Cabot Oil & Gas performance

Stocks 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.
Stock3m6m12m
COGCabot Oil & Gas9.43%4.05%18.97%
APCAnadarko Petroleu...61.64%30.45%5.00%
ARAntero Resources-20.71%-45.77%-60.13%
CHKChesapeake Energy-8.02%-32.68%-40.64%
EOGEOG Resources-7.02%-11.20%-25.49%
EQT 8.35%15.67%-23.03%
NBLNoble Energy4.25%2.26%-30.83%
RRCRange Resources-19.26%-48.04%-41.91%
SMSM Energy-23.54%-29.67%-43.04%
SWNSouthwestern Ener...-7.16%-27.83%-13.94%

Cabot Oil & Gas competitors

We selected a few stocks to conform a list of Cabot Oil & Gas competitors to watch if you are interested in investing in COG:

Latest COG stock news