Cabot Oil & Gas Corporation – Consensus Indicates Potential 24.8% Upside

Broker Ratings

Cabot Oil & Gas Corporation with ticker code (COG) have now 23 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 27 and 17.5 with the average target price sitting at 21.13. Given that the stocks previous close was at 16.93 this now indicates there is a potential upside of 24.8%. The 50 day MA is 17.03 while the 200 day moving average is 17.7. The company has a market cap of $6,738m. Find out more information at: http://www.cabotog.com

Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States. It primarily focuses on the Marcellus Shale with approximately 175,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company sells its natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through gathering systems and pipelines. As of December 31, 2020, it had proved reserves of approximately 13,672 billion cubic feet of gas; and 15 thousand barrels of oil or other liquid hydrocarbons. Cabot Oil & Gas Corporation was incorporated in 1989 and is headquartered in Houston, Texas.

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