Cabot Oil & Gas Corporations in-depth stock price analysis indicates that the stock price has rallied 9.66% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -4.6% . Looking at the past 52 week period, the stock price is up at 21.87% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Cabot Oil & Gas Corporation has a positive value of 2.86 compared to overall market. Cabot Oil & Gas Corporation (NYSE:COG) has climbed 12.32% in the past week and advanced 9.81% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 11.41% and the outperformance has advanced to 7.84% for the last 4 weeks period.
Cabot Oil & Gas Corporation (NYSE:COG) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.16 points or 0.66% at $24.07 with 3,994,329 shares getting traded. Post opening the session at $24.17, the shares hit an intraday low of $23.83 and an intraday high of $24.33 and the price was in this range throughout the day. The company has a market cap of $11,196 million and the number of outstanding shares has been calculated to be 465,149,510 shares. The 52-week high of Cabot Oil & Gas Corporation (NYSE:COG) is $26.74 and the 52-week low is $18.48.
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.Cabot Oil & Gas Corporation was Upgraded by Susquehanna to Positive on Feb 6, 2017. Cabot Oil & Gas Corporation was Upgraded by JP Morgan to Overweight on Feb 6, 2017. 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.
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 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.