COG stock: buy or sell?
July 15th, 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?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Cabot Oil & Gas stock situation right now, therefore this is not a suitable entry point.
|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 9 ratings published for COG stock in the last 30 days. The general sentiment of these ratings is bullish for COG stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-7-8||Wells Fargo & Co||Market Perform||Outperform|
|2019-1-7||Jefferies Financial Group||Hold||Buy|
|2019-1-14||KeyCorp||Sector Weight||Sector Weight|
COG stock analysis
Shares of Cabot Oil & Gas ended today at $23.51 and dropped a rough -2.04%.
Cabot Oil & Gas shares dropped -2.04% to $23.51 today. Since price and SMA200d lines crossed down on June 10th, COG fell $-1.93 per share (-7.59%).
Shares of Cabot Oil & Gas depreciated a fateful -2.04% this week. By mid June COG collapsed a chilling -7.03% in just one week.
Cabot Oil & Gas is in a clear downtrend, marking consecutive declining tops and bottoms. Now is trading in between the - range. If the support holds the price, this might mark a double bottom configuration and create a flat-base to reverse this downtrend. Since price and 40-weeks moving average lines crossed down by mid June, COG fell $-1.93 per share (-7.59%). Stocks under the 200d moving average line are usually not recommended for average traders. Since mid November 2018 when SMA20w and SMA40w crossed up, COG price slipped $-1.94 per share (-7.62%).
COG stock price history
COG stock went public on February 8th, 1990 with a price of $1.171. Since then, COG stock surged a 1,909.40%, with a yearly average of 65.80%. If you had invested right after COG's IPO a $1,000 in COG stock in 1990, it would worth $19,094.00 today.
1: Adjusted price after possible price splits or reverse-splits.
COG stock historical price chart
COG stock reached 52-week highs on April at $27.55, and all-time highs 2014-02-05 with a price of 40.45.
COG stock price target is $28.10Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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. We found 8 price targets for Cabot Oil & Gas stock published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-7-8||Wells Fargo & Co||Upgrades||n/a||$28.00||-|
|2019-6-24||Morgan Stanley||Set Price Target||n/a||$23.00||-|
|2019-4-9||TD Securities||Raises Target||$30.00||$36.00||20%|
Financials and fundamental analysis
Earnings date and Earnings per ShareCabot Oil & Gas failed experts on February when it reported an Earnings per Share (EPS) of $0.52 when the market consensus was $0.57.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw an exceptional growth of 22.69% to $2,143.72 M dollars. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) skyrocketed a 20.24% to 25.98%.
|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 sales for 2018-Q4, a 22.15% up compared to previous quarter. Reported quarter income marked $275.05 million with a profit margin of 41.04%. Profit margin climbed a 18.74% compared to previous quarter when profit margin was 22.30%. When comparing revenues to same quarter last year, Cabot Oil & Gas sales marked an amazing gain and rocketed 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 invest in shares of a stock, it's always worth to check 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||$10.0 B||$36.7 B||$1.6 B||$1.8 B||$52.8 B|
|Total shares||423.4 M||501.9 M||309.1 M||911.9 M||580.3 M|
|Float shares||415.9 M||500.7 M||232.7 M||1,110.0 M||577.9 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, July 15th, 2019|
|Day range||$23.50 - $23.91|
|Average true range||$0.43|
|50d mov avg||$24.66|
|100d mov avg||$25.25|
|200d mov avg||$24.69|
Cabot Oil & Gas performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare Cabot Oil & Gas to Anadarko Petroleum, Antero Resources, Chesapeake Energy, EOG Resources, EQT, Noble Energy, Range Resources, SM Energy and Southwestern Energy:
|COGCabot Oil & Gas||-9.72%||-7.66%||-1.88%|
Cabot Oil & Gas competitorsOne check before trading any stock is to have a look a list of its competitors, in this case for Cabot Oil & Gas. We picked 9 companies as Cabot Oil & Gas competitors as they are in the same industry or have similar market objectives.
- 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