Cabot Oil & Gas Corp. (NYSE:COG) saw an uptick in trading volume on Friday . 5,249,713 shares were traded during mid-day trading, an increase of 18% from the previous session’s volume of 4,431,259 shares.The stock last traded at $24.45 and had previously closed at $24.21.

Several research firms have recently weighed in on COG. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Cabot Oil & Gas Corp. in a report on Tuesday, May 3rd. Barclays PLC boosted their target price on Cabot Oil & Gas Corp. from $19.00 to $20.00 and gave the company an “equal weight” rating in a report on Monday, May 2nd. Morgan Stanley reduced their target price on Cabot Oil & Gas Corp. from $21.00 to $20.00 and set an “equal weight” rating for the company in a report on Tuesday, April 26th. Citigroup Inc. boosted their target price on Cabot Oil & Gas Corp. from $20.00 to $23.00 and gave the company a “neutral” rating in a report on Thursday, April 7th. Finally, Deutsche Bank AG reduced their target price on Cabot Oil & Gas Corp. from $24.00 to $23.00 and set a “hold” rating for the company in a report on Tuesday, June 14th. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $26.64.

The firm’s market cap is $11.34 billion. The stock has a 50 day moving average of $25.12 and a 200-day moving average of $22.44.

Cabot Oil & Gas Corp. (NYSE:COG) last released its quarterly earnings results on Friday, April 29th. The oil and gas exploration company reported ($0.13) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.01. The business had revenue of $281.90 million for the quarter, compared to the consensus estimate of $273.48 million. During the same period last year, the firm posted $0.12 EPS. The business’s quarterly revenue was down 39.4% on a year-over-year basis. On average, equities analysts expect that Cabot Oil & Gas Corp. will post ($0.20) EPS for the current fiscal year.

In other news, General Counsel George Kevin Cunningham sold 8,500 shares of Cabot Oil & Gas Corp. stock in a transaction that occurred on Thursday, May 5th. The stock was sold at an average price of $24.26, for a total transaction of $206,210.00. Following the sale, the general counsel now owns 45,168 shares of the company’s stock, valued at $1,095,775.68. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert S. Boswell purchased 5,000 shares of the business’s stock in a transaction dated Thursday, May 5th. The shares were acquired at an average cost of $24.35 per share, for a total transaction of $121,750.00. Following the acquisition, the director now owns 15,360 shares of the company’s stock, valued at approximately $374,016. The disclosure for this purchase can be found here.

Several large investors have added to or reduced their stakes in COG. US Bancorp DE boosted its stake in Cabot Oil & Gas Corp. by 17.4% in the fourth quarter. US Bancorp DE now owns 210,028 shares of the oil and gas exploration company’s stock worth $3,715,000 after buying an additional 31,172 shares during the period. Andra AP fonden boosted its stake in shares of Cabot Oil & Gas Corp. by 79.9% in the fourth quarter. Andra AP fonden now owns 129,700 shares of the oil and gas exploration company’s stock valued at $2,294,000 after buying an additional 57,600 shares during the last quarter. Schroder Investment Management Group boosted its stake in shares of Cabot Oil & Gas Corp. by 3.8% in the fourth quarter. Schroder Investment Management Group now owns 2,175,000 shares of the oil and gas exploration company’s stock valued at $38,477,000 after buying an additional 79,153 shares during the last quarter. Aberdeen Asset Management PLC UK boosted its stake in shares of Cabot Oil & Gas Corp. by 17.1% in the fourth quarter. Aberdeen Asset Management PLC UK now owns 74,235 shares of the oil and gas exploration company’s stock valued at $1,640,000 after buying an additional 10,831 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its stake in shares of Cabot Oil & Gas Corp. by 3.3% in the fourth quarter. Principal Financial Group Inc. now owns 606,571 shares of the oil and gas exploration company’s stock valued at $10,731,000 after buying an additional 19,463 shares during the last quarter.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties. The Company operates in the segment of natural gas and oil development, exploitation, exploration and production, in the continental United States. Its assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs.

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