Williams Capital set a $30.00 price objective on Cabot Oil & Gas (NYSE:COG) in a research note issued to investors on Thursday morning. The brokerage currently has a hold rating on the oil and gas exploration company’s stock.

Other equities research analysts also recently issued research reports about the stock. Scotiabank set a $32.00 price target on shares of Cabot Oil & Gas and gave the company a buy rating in a research report on Saturday, October 21st. Cowen set a $30.00 price target on shares of Cabot Oil & Gas and gave the company a buy rating in a research report on Wednesday, October 18th. Morgan Stanley set a $33.00 price target on shares of Cabot Oil & Gas and gave the company a buy rating in a research report on Wednesday, October 18th. Stifel Nicolaus restated a buy rating and issued a $33.00 price target on shares of Cabot Oil & Gas in a research report on Thursday, September 14th. Finally, BMO Capital Markets restated a buy rating and issued a $30.00 price target on shares of Cabot Oil & Gas in a research report on Friday, September 1st. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Cabot Oil & Gas presently has a consensus rating of Hold and a consensus target price of $30.89.

Shares of Cabot Oil & Gas (NYSE:COG) opened at $27.59 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.64 and a quick ratio of 1.61. The company has a market cap of $12,760.00, a P/E ratio of -86.22, a P/E/G ratio of 1.95 and a beta of 0.52. Cabot Oil & Gas has a 12-month low of $20.55 and a 12-month high of $29.57.

Cabot Oil & Gas (NYSE:COG) last issued its quarterly earnings results on Friday, October 27th. The oil and gas exploration company reported $0.07 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.01). The firm had revenue of $385.40 million during the quarter, compared to analysts’ expectations of $400.85 million. Cabot Oil & Gas had a negative net margin of 8.80% and a positive return on equity of 6.63%. The firm’s revenue was up 24.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.04) EPS. research analysts forecast that Cabot Oil & Gas will post 0.48 earnings per share for the current year.

In other Cabot Oil & Gas news, Director Robert Kelley purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were bought at an average price of $27.47 per share, for a total transaction of $54,940.00. Following the purchase, the director now directly owns 619,500 shares in the company, valued at approximately $17,017,665. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Dan O. Dinges sold 66,610 shares of the stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $27.92, for a total transaction of $1,859,751.20. Following the transaction, the chairman now owns 2,887,018 shares in the company, valued at approximately $80,605,542.56. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Cabot Oil & Gas by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 47,590,931 shares of the oil and gas exploration company’s stock worth $1,193,580,000 after purchasing an additional 1,095,069 shares during the last quarter. FMR LLC boosted its holdings in shares of Cabot Oil & Gas by 16.5% during the 2nd quarter. FMR LLC now owns 29,661,972 shares of the oil and gas exploration company’s stock worth $743,923,000 after buying an additional 4,192,976 shares during the period. Sanders Capital LLC boosted its holdings in shares of Cabot Oil & Gas by 7.2% during the 3rd quarter. Sanders Capital LLC now owns 29,212,930 shares of the oil and gas exploration company’s stock worth $839,952,000 after buying an additional 1,951,907 shares during the period. Capital World Investors boosted its holdings in shares of Cabot Oil & Gas by 157.8% during the 2nd quarter. Capital World Investors now owns 27,084,300 shares of the oil and gas exploration company’s stock worth $679,274,000 after buying an additional 16,579,300 shares during the period. Finally, State Street Corp boosted its holdings in shares of Cabot Oil & Gas by 0.6% during the 2nd quarter. State Street Corp now owns 26,298,417 shares of the oil and gas exploration company’s stock worth $659,562,000 after buying an additional 151,019 shares during the period. Institutional investors own 95.64% of the company’s stock.

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Cabot Oil & Gas Company Profile

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

Analyst Recommendations for Cabot Oil & Gas (NYSE:COG)

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