Cabot Oil & Gas Corporation with ticker code (COG) have now 24 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 27 and 18 and has a mean target at 22.19. Given that the stocks previous close was at 16.85 this would indicate that there is a potential upside of 31.7%. The 50 day moving average now sits at 18.72 while the 200 day moving average is 18.83. The company has a market cap of $6,780m. Company Website: 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 173,000 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, 2019, it had proved reserves of approximately 12,903 billion cubic feet of gas; and 22 thousand barrels of oil or other liquid hydrocarbons. Cabot Oil & Gas Corporation was incorporated in 1989 and is headquartered in Houston, Texas.