Insider Buying: Cabot Energy PLC (CAB) Insider Purchases 111,029 Shares of Stock

Cabot Energy PLC (LON:CAB) insider Nicholas Talbot Morgan purchased 111,029 shares of the business’s stock in a transaction dated Thursday, January 18th. The stock was bought at an average cost of GBX 5 ($0.07) per share, for a total transaction of £5,551.45 ($7,528.41).

Shares of Cabot Energy PLC (LON:CAB) remained flat at $GBX 5.15 ($0.07) during trading on Monday. The company’s stock had a trading volume of 8,149 shares, compared to its average volume of 78,549. The firm has a market cap of $33.18 and a price-to-earnings ratio of 257.50. Cabot Energy PLC has a 1-year low of GBX 3.38 ($0.05) and a 1-year high of GBX 6 ($0.08).

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Cabot Energy Company Profile

Cabot Energy Plc, formerly Northern Petroleum Plc, is an oil and gas exploration, and production company. The Company is engaged in the exploration, appraisal, development and production of oil and gas assets. Its geographical segments are Canada, Italy, French Guiana, the United Kingdom and others, including Australia.

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