Cabot Oil & Gas Co. (NASDAQ: COG) Stocks Generating Improved Relative Strength

Cabot Oil & Gas Co. day trading at USD 19.07 per share, then rallying to 19.735 and closing at USD 19.47 per share. A net gain of 2.97% for the day. Long term pricing analysis shows the stock trading at 23.65% lower than it’s 52week high and -44.56% higher than the 52week low. The share volume traded for the day was 5,241K which was 0 times the 50 Day Average Volume.

Cabot Oil & Gas Co. had a market cap of 7,760,265K as of 26th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 1.15.

Cabot Oil & Gas Co. is a company engaged in hydrocarbon exploration. It is organized in Delaware and based in Houston, Texas. The company had 12.903 trillion cubic feet equivalent of proved reserves, all of which was natural gas and all of which was in the Marcellus Shale, where the company controls approximately 173,000 net acres.

Financial Results

Cabot Oil & Gas Co. First Quarter Of Fiscal 2020.

  • Net income of $53.9 million (or $0.14 per share); adjusted net income (non-GAAP) of $54.0 million (or $0.14 per share)
  • Free cash flow (non-GAAP) of $49.8 million
  • Return on capital employed (ROCE) (non-GAAP) for the trailing twelve months of 14.1 percent
  • Daily equivalent production of 2,363 million cubic feet equivalent (Mmcfe) per day, an increase of four percent relative to the prior-year period
  • Net debt / LTM EBITDAX (non-GAAP) of 0.9x and liquidity of ~$1.7bn as of 3/31/2020

Cabot Oil & Gas Co. (26th May 2020): The Institutional Ownership as of today stood at 98.83% and the Total Value of Holdings (millions) is $ 7,445.

New Institutional Holders and other activity – As of today, the total number of shares held are 393,928,965 by 615 institutional holders.

LATEST NEWS:

25-May-2020:- AGF Investments Inc. Buys Shares of 20,402 Cabot Oil & Gas Co. (NYSE: COG) – Modern Readers

AGF Investments Inc. acquired a new position in Cabot Oil & Gas Co. (NYSE: COG) in the first quarter, Holdings Channel.com reports. The institutional investor acquired 20,402 shares of the oil and gas exploration company’s stock, valued at approximately $351,000. Several other institutional investors and hedge funds have also modified their holdings of COG.

20-May-2020:- Bank of New York Mellon Corp Cuts Stake in Cabot Oil & Gas Co. (NYSE: COG)

Bank of New York Mellon Corp trimmed its position in shares of Cabot Oil & Gas Co. (NYSE: COG) by 11.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 4,857,043 shares of the oil and gas exploration company’s stock after selling 655,032 shares during the quarter.

16-May-2020:- Cabot Oil & Gas Co. (NYSE: COG) Shares Sold by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. decreased its position in shares of Cabot Oil & Gas Co. (NYSE: COG) by 75.3% during the 1st quarter, HoldingsChannel reports. The fund owned 40,537 shares of the oil and gas exploration company’s stock after selling 123,672 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Cabot Oil & Gas were worth $697,000 at the end of the most recent quarter.

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