Share on StockTwits

Cabot Oil & Gas Co. (NYSE:COG) declared a quarterly dividend on Thursday, May 1st, American Banking and Market News reports. Stockholders of record on Thursday, May 15th will be given a dividend of 0.02 per share on Wednesday, May 28th. This represents a $0.08 dividend on an annualized basis and a yield of 0.20%.

A number of analysts have recently weighed in on COG shares. Analysts at Iberia Capital upgraded shares of Cabot Oil & Gas Co. from a “sector perform” rating to an “outperform” rating in a research note on Friday, April 25th. They now have a $46.00 price target on the stock. On a related note, analysts at KLR Group downgraded shares of Cabot Oil & Gas Co. from a “buy” rating to an “accumulate” rating in a research note on Friday, April 25th. They now have a $42.00 price target on the stock. Finally, analysts at KLR Group downgraded shares of Cabot Oil & Gas Co. from a “buy” rating to an “accumulate” rating in a research note on Friday, April 25th. They now have a $42.00 price target on the stock, down previously from $48.00. Seven research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $50.55.

Cabot Oil & Gas Co. (NYSE:COG) traded up 0.31% during mid-day trading on Thursday, hitting $39.40. 8,824,250 shares of the company’s stock traded hands. Cabot Oil & Gas Co. has a 52 week low of $31.79 and a 52 week high of $41.78. The stock has a 50-day moving average of $34.59 and a 200-day moving average of $36.16. The company has a market cap of $16.406 billion and a price-to-earnings ratio of 59.52. Cabot Oil & Gas Co. also saw some unusual options trading on Thursday. Stock investors bought 10,373 call options on the stock. This represents an increase of 140% compared to the typical volume of 4,317 call options.

Cabot Oil & Gas Co. (NYSE:COG) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.26 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.26. The company had revenue of $509.80 million for the quarter, compared to the consensus estimate of $524.35 million. During the same quarter in the prior year, the company posted $0.26 earnings per share. The company’s quarterly revenue was up 36.6% on a year-over-year basis. Analysts expect that Cabot Oil & Gas Co. will post $1.18 EPS for the current fiscal year.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.