Shares of Cabot Oil & Gas Corporation (COG) Sees Large Inflow of Net Money Flow

Cabot Oil & Gas Corporation (COG) dropped -1.44% or -0.31 points to trade at $21.17 per share. As per the latest trading data available, the net money flow stood at $1.7 million as the shares received $3.22 million in upticks and gave away $1.52 million in downticks. The final up/down ratio was at 2.12. On a weekly basis, the stock has seen a change of -6.12%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 0. $1.86 million was the inflow in upticks and $0 million was the outflow in downticks. For the block trade, the net money flow was $1.86 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Cabot Oil & Gas Corporation has lost 9.42% in the last five trading days and dropped 11.01% in the last 4 weeks. Cabot Oil & Gas Corporation has dropped 0.34% during the last 3-month period . Year-to-Date the stock performance stands at -11.01%. Cabot Oil & Gas Corporation (NYSE:COG) witnessed a decline in the market cap on Wednesday as its shares dropped 3.31% or 0.71 points. After the session commenced at $21.64, the stock reached the higher end at $21.64 while it hit a low of $20.71. With the volume soaring to 6,129,016 shares, the last trade was called at $20.77. The company has a 52-week high of $26.74. The company has a market cap of $9,661 million and there are 465,149,510 shares in outstanding. The 52-week low of the share price is $18.48.

Company has reported several Insider transactions to the SEC, on Sep 14, 2016, George Kevin Cunningham (Vice Pres. & General Counsel) sold 3,000 shares at 25.25 per share price.On May 9, 2016, Robert S Boswell (director) purchased 5,000 shares at 24.35 per share price.On Aug 21, 2015, Robert L Keiser (director) purchased 450 shares at 25.42 per share price.

Cabot Oil & Gas Corporation Last issued its quarterly earnings results on Oct 28, 2016. The company reported $-0.04 EPS for the quarter. Analyst had a consensus estimate of $-0.04. The company had revenue of $310.40 million for the quarter, compared to analysts expectations of $310.24 million. The companys revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.01 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Upgraded by Barclays on Jan 23, 2017 to Overweight, Raises Price Target to $ 25 from a previous price target of $22 .Cabot Oil & Gas Corporation was Downgraded by BofA/Merrill to Underperform on Jan 4, 2017.

Cabot Oil & Gas Corp. is an independent oil and gas company engaged in the exploration, development, acquisition and exploitation of oil and gas properties located in four areas of the United States: the onshore Texas and Louisiana Gulf Coast; the Rocky Mountains; Appalachia; and the Mid-Continent or Anadarko Basin.

Cabot

Share this post

Leave a Reply