What Can We Expect From Cabot Oil & Gas (COG) After MKM Partners’s Latest Coverage?

Cabot Oil & Gas Corporation (NYSE:COG) Logo

Investors sentiment decreased to 0.71 in Q2 2018. Its down 0.22, from 0.93 in 2018Q1. It is negative, as 43 investors sold Cabot Oil & Gas Corporation shares while 176 reduced holdings. 47 funds opened positions while 108 raised stakes. 407.15 million shares or 2.39% less from 417.12 million shares in 2018Q1 were reported.

Federated Investors Pa has 0.02% invested in Cabot Oil & Gas Corporation (NYSE:COG). Susquehanna International Group Limited Liability Partnership holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 242,241 shares. 8,500 are owned by Macquarie Group Limited. Los Angeles And Equity, California-based fund reported 6.14M shares. State Board Of Administration Of Florida Retirement Sys invested in 671,175 shares. Clarivest Asset Mgmt Ltd Liability Co owns 14 shares. 16,473 are owned by Green Square Cap Limited. Aviva Public Ltd Limited Liability Company invested 0.03% in Cabot Oil & Gas Corporation (NYSE:COG). Goldman Sachs Group holds 0.02% or 2.42M shares in its portfolio. Public Employees Retirement Association Of Colorado reported 86,356 shares or 0.01% of all its holdings. Thompson Siegel Walmsley Limited Liability Com owns 29,350 shares. State Of Wisconsin Invest Board stated it has 468,954 shares. Bankshares Of America Corp De invested in 1.61 million shares or 0.01% of the stock. Reilly Advsr Lc holds 0% or 298 shares in its portfolio. Tiaa Cref Inv Llc holds 0.01% or 681,398 shares.

Why Has MKM Partners Given Cabot Oil & Gas (COG) a $27.0 Price Target

MKM Partners shared with investors and clients in a note that it has begun coverage on Cabot Oil & Gas (COG) stock, with Neutral rating and a $27.0 TP.

The stock increased 0.44% or $0.11 during the last trading session, reaching $25.21. About 10.28M shares traded or 42.25% up from the average. Cabot Oil & Gas Corporation (COG) has declined 16.22% since December 7, 2017 and is downtrending. It has underperformed by 31.84% the S&P500.

Analysts await Cabot Oil & Gas Corporation (NYSE:COG) to report earnings on February, 22. They expect $0.44 earnings per share, up 266.67 % or $0.32 from last year’s $0.12 per share. COG’s profit will be $189.72M for 14.32 P/E if the $0.44 EPS becomes a reality. After $0.24 actual earnings per share reported by Cabot Oil & Gas Corporation for the previous quarter, Wall Street now forecasts 83.33 % EPS growth.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $10.87 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It has a 48.11 P/E ratio. It also transports, stores, gathers, and purchases natural gas for resale.

More notable recent Cabot Oil & Gas Corporation (NYSE:COG) news were published by: Seekingalpha.com which released: “National Fuel Gas: The Atlantic Sunrise Uplift – Seeking Alpha” on December 01, 2018, also Benzinga.com with their article: “33 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” published on November 14, 2018, Seekingalpha.com published: “EQT: America’s No. 1 Natural Gas Producer (But Don’t Overlook No. 5) – Seeking Alpha” on November 26, 2018. More interesting news about Cabot Oil & Gas Corporation (NYSE:COG) were released by: 247Wallst.com and their article: “Natural Gas Hits 5-Year Highs: Buy These 4 Production Leaders Now – 24/7 Wall St.” published on November 14, 2018 as well as Streetinsider.com‘s news article titled: “Pre-Open Movers 11/14: (CLD) (PETQ) (AMRN) Higher; (AMRS) (PCG) (MCD) Lower (more…) – StreetInsider.com” with publication date: November 14, 2018.

Cabot Oil & Gas Corporation (NYSE:COG) Institutional Positions Chart

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