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Cabot Energy

AIM:CAB
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CAB
AIM
£4M
Market Cap
  1. Home
  2. GB
  3. Energy
Company description

Cabot Energy Plc engages in the exploration, appraisal, development, and production of oil and gas properties in Canada, Italy, and Australia. The last earnings update was 206 days ago. More info.


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  • Cabot Energy has significant price volatility in the past 3 months.
CAB Share Price and Events
7 Day Returns
-4.2%
AIM:CAB
0.4%
GB Oil and Gas
0.6%
GB Market
1 Year Returns
-97.6%
AIM:CAB
17.2%
GB Oil and Gas
1.1%
GB Market
CAB Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Cabot Energy (CAB) -4.2% 24.3% -81.6% -97.6% -95.6% -99.5%
GB Oil and Gas 0.4% 4% 7.4% 17.2% 50.4% -2.9%
GB Market 0.6% 3.6% 6.9% 1.1% 15.6% 6.2%
1 Year Return vs Industry and Market
  • CAB underperformed the Oil and Gas industry which returned 17.2% over the past year.
  • CAB underperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned 1.1% over the past year.
Price Volatility
CAB
Industry
5yr Volatility vs Market

Value

 Is Cabot Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Cabot Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Cabot Energy.

AIM:CAB Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year GB Government Bond Rate 1.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for AIM:CAB
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year GB Govt Bond Rate 1.2%
Equity Risk Premium S&P Global 6.7%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.95
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.954 (1 + (1- 19%) (0.65%))
0.972
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.23% + (0.972 * 6.65%)
7.69%

Discounted Cash Flow Calculation for AIM:CAB using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Cabot Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

AIM:CAB DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.69%)
2019 12.00 Analyst x1 11.14
2020 19.66 Est @ 63.8% 16.95
2021 28.51 Est @ 45.03% 22.82
2022 37.60 Est @ 31.89% 27.95
2023 46.13 Est @ 22.69% 31.85
2024 53.62 Est @ 16.25% 34.38
2025 59.92 Est @ 11.74% 35.67
2026 65.07 Est @ 8.59% 35.97
2027 69.22 Est @ 6.38% 35.53
2028 72.57 Est @ 4.83% 34.59
Present value of next 10 years cash flows $286.84
AIM:CAB DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $72.57 × (1 + 1.23%) ÷ (7.69% – 1.23%)
$1,136.20
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,136.20 ÷ (1 + 7.69%)10
$541.52
AIM:CAB Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $286.84 + $541.52
$828.36
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $828.36 / 31.94
$25.94
AIM:CAB Discount to Share Price
Calculation Result
Exchange Rate USD/GBP
(Reporting currency to currency of AIM:CAB)
0.77
Value per Share
(GBP)
= Value per Share in USD x Exchange Rate (USD/GBP)
= $25.94 x 0.77
£19.98
Value per share (GBP) From above. £19.98
Current discount Discount to share price of £0.12
= -1 x (£0.12 - £19.98) / £19.98
99.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Cabot Energy is available for.
Intrinsic value
>50%
Share price is £0.12 vs Future cash flow value of £19.98
Current Discount Checks
For Cabot Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Cabot Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Cabot Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Cabot Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Cabot Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:CAB PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in USD $-1.71
AIM:CAB Share Price ** AIM (2019-04-18) in GBP £0.12
AIM:CAB Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.15
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PE Ratio Median Figure of 32 Publicly-Listed Oil and Gas Companies 9.96x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 797 Publicly-Listed Companies 16.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Cabot Energy.

AIM:CAB PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:CAB Share Price ÷ EPS (both in USD)

= 0.15 ÷ -1.71

-0.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cabot Energy is loss making, we can't compare its value to the GB Oil and Gas industry average.
  • Cabot Energy is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Cabot Energy's expected growth come at a high price?
Raw Data
AIM:CAB PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PEG Ratio Median Figure of 19 Publicly-Listed Oil and Gas Companies 0.47x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 564 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Cabot Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Cabot Energy's assets?
Raw Data
AIM:CAB PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in USD $8.75
AIM:CAB Share Price * AIM (2019-04-18) in GBP £0.12
AIM:CAB Share Price converted to USD reporting currency Exchange rate (GBP/ USD) 1.298 $0.15
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry PB Ratio Median Figure of 102 Publicly-Listed Oil and Gas Companies 0.85x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,367 Publicly-Listed Companies 1.51x
AIM:CAB PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:CAB Share Price ÷ Book Value per Share (both in USD)

= 0.15 ÷ 8.75

0.02x

* Primary Listing of Cabot Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Cabot Energy is good value based on assets compared to the GB Oil and Gas industry average.
X
Value checks
We assess Cabot Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Cabot Energy has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Cabot Energy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cabot Energy has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.2%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Cabot Energy expected to grow at an attractive rate?
  • Unable to compare Cabot Energy's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Cabot Energy's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Cabot Energy's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:CAB Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 11%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:CAB Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:CAB Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2019-12-31 6
2018-12-31 -10
AIM:CAB Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-06-30 10 -2 -8
2018-03-31 8 -2 -6
2017-12-31 5 -2 -3
2017-09-30 4 -2 1
2017-06-30 4 -1 5
2017-03-31 4 -1 4
2016-12-31 4 0 3
2016-09-30 3 -1 -3
2016-06-30 2 -1 -9
2016-03-31 1 -4 -9
2015-12-31 0 -6 -10
2015-09-30 1 -5 -26

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Cabot Energy is high growth as no earnings estimate data is available.
  • Unable to determine if Cabot Energy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:CAB Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Cabot Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CAB Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2019-12-31
2018-12-31
AIM:CAB Past Financials Data
Date (Data in USD Millions) EPS *
2018-06-30 -1.71
2018-03-31 -1.43
2017-12-31 -1.01
2017-09-30 0.35
2017-06-30 2.15
2017-03-31 2.10
2016-12-31 2.03
2016-09-30 -2.01
2016-06-30 -6.97
2016-03-31 -8.42
2015-12-31 -10.26
2015-09-30 -26.74

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Cabot Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Cabot Energy is trading at Cabot Energy'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Cabot Energy's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Cabot Energy's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Cabot Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Cabot Energy has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Cabot Energy performed over the past 5 years?

  • Cabot Energy's last earnings update was 206 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Cabot Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Cabot Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Cabot Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Cabot Energy's 1-year growth to the GB Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Cabot Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Cabot Energy Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:CAB Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 10.48 -8.12 4.08
2018-03-31 7.64 -5.64 3.49
2017-12-31 4.79 -3.16 2.90
2017-09-30 4.38 0.95 2.51
2017-06-30 3.98 5.07 2.11
2017-03-31 3.81 4.10 2.19
2016-12-31 3.64 3.13 2.26
2016-09-30 2.60 -2.81 2.47
2016-06-30 1.56 -8.74 2.68
2016-03-31 0.95 -9.44 3.33
2015-12-31 0.33 -10.14 3.97
2015-09-30 1.08 -25.95 4.91
2015-06-30 1.82 -41.77 5.86
2015-03-31 2.28 -42.36 6.44
2014-12-31 2.73 -42.96 7.01
2014-09-30 2.13 -39.72 7.76
2014-06-30 1.53 -36.47 8.50
2014-03-31 1.17 -36.51 8.22
2013-12-31 0.82 -36.54 7.95
2013-06-30 -8.49 -9.85 4.99
2013-03-31 -3.76 -7.97 5.19
2012-12-31 0.87 -6.35 5.58
2012-09-30 19.38 2.48 6.22
2012-06-30 24.08 7.61 5.68

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Cabot Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Cabot Energy has efficiently used its assets last year compared to the GB Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Cabot Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Cabot Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Cabot Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Cabot Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Cabot Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Cabot Energy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Cabot Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Cabot Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 254.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Cabot Energy Company Filings, last reported 9 months ago.

AIM:CAB Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 55.43 0.03 6.24
2018-03-31 55.43 0.03 6.24
2017-12-31 38.94 0.30 1.78
2017-09-30 38.94 0.30 1.78
2017-06-30 40.49 0.27 5.17
2017-03-31 40.49 0.27 5.17
2016-12-31 36.21 0.59 6.58
2016-09-30 36.21 0.59 6.58
2016-06-30 27.36 0.59 0.51
2016-03-31 27.36 0.59 0.51
2015-12-31 27.99 0.91 2.42
2015-09-30 27.99 0.91 2.42
2015-06-30 34.83 0.89 2.99
2015-03-31 34.83 0.89 2.99
2014-12-31 39.67 1.32 12.14
2014-09-30 39.67 1.32 12.14
2014-06-30 98.84 1.44 22.00
2014-03-31 98.84 1.44 22.00
2013-12-31 102.77 1.65 35.84
2013-06-30 117.40 2.05 22.56
2013-03-31 115.72 2.02 22.23
2012-12-31 120.93 0.00 29.63
2012-09-30 117.79 0.00 28.86
2012-06-30 119.89 0.00 35.69
  • Cabot Energy's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1.7% vs 0.1% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Cabot Energy has less than a year of cash runway based on current free cash flow.
  • Cabot Energy has less than a year of cash runway if free cash flow continues to reduce at historical rates of -26.4% each year.
X
Financial health checks
We assess Cabot Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Cabot Energy has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Cabot Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Cabot Energy dividends.
If you bought £2,000 of Cabot Energy shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Cabot Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Cabot Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:CAB Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.7%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 705 Stocks 4.2%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:CAB Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2019-12-31
2018-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Cabot Energy has not reported any payouts.
  • Unable to verify if Cabot Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Cabot Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Cabot Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Cabot Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Cabot Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Cabot Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Cabot Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Aitken
TENURE AS CEO 0.8 years
CEO Bio

Mr. Scott Aitken has been the Chief Executive Officer of Cabot Energy Plc since June 18, 2018. Mr. Aitken serves as Chief Executive Officer at High Power Petroleum LLC. Prior to joining High Power Petroleum, Mr. Aitken served as the Chief Executive Officer of Seven Energy International Limited since July 2004 and served as its Executive Director. Mr. Aitken served as a Divisional Vice President of Weatherford where he held a number of positions in Asia, Middle-East and Africa, eventually becoming Vice President of the Eastern Hemisphere in March 2003. Prior to Weatherford, he served as a Region Manager at Petroline Wellsystems from April 1998 to September 1999. Mr. Aitken joined the oil and gas industry with Mobil and spent six years in Petroleum Engineering and Asset Management.

CEO Compensation
  • Insufficient data for Scott to compare compensation growth.
  • Insufficient data for Scott to establish whether their remuneration is reasonable compared to companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team Tenure

Average tenure and age of the Cabot Energy management team in years:

0.8
Average Tenure
58
Average Age
  • The average tenure for the Cabot Energy management team is less than 2 years, this suggests a new team.
Management Team

Paul Lafferty

TITLE
President
COMPENSATION
$292K
AGE
58

Campbell Airlie

TITLE
CTO & Executive Director
AGE
60
TENURE
0.8 yrs

Scott Aitken

TITLE
Chief Executive Officer
TENURE
0.8 yrs

Petro Mychalkiw

TITLE
CFO & Executive Director
AGE
52
TENURE
0.8 yrs

William Anderson

TITLE
Company Secretary
Board of Directors Tenure

Average tenure and age of the Cabot Energy board of directors in years:

1.3
Average Tenure
58
Average Age
  • The average tenure for the Cabot Energy board of directors is less than 3 years, this suggests a new board.
Board of Directors

James Dewar

TITLE
Interim Independent Non-Executive Chairman & Senior Independent Director
AGE
61
TENURE
0.8 yrs

Paul Lafferty

TITLE
President
COMPENSATION
$292K
AGE
58
TENURE
1.4 yrs

Campbell Airlie

TITLE
CTO & Executive Director
AGE
60
TENURE
2.3 yrs

Petro Mychalkiw

TITLE
CFO & Executive Director
AGE
52
TENURE
1.3 yrs

Rachel Stella Maguire

TITLE
Independent Non-Executive Director
AGE
58
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
X
Management checks
We assess Cabot Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Cabot Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

How Does Cabot Energy Plc (LON:CAB) Affect Your Portfolio Volatility?

If you're interested in Cabot Energy Plc (LON:CAB), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … The first thing to understand about beta is that the beta of the overall market is one.

Simply Wall St -

What You Must Know About Cabot Energy Plc's (LON:CAB) Market Risks

If you are looking to invest in Cabot Energy Plc’s (LON:CAB), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Generally, an investor should consider two types of risk that impact the market value of CAB. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Should You Be Holding Cabot Energy Plc (LON:CAB) Right Now?

If you are looking to invest in Cabot Energy Plc’s (AIM:CAB), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … CAB's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … How CAB's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

One Thing To Consider Before Buying Cabot Energy Plc (LON:CAB)

Generally, an investor should consider two types of risk that impact the market value of CAB. … Based on this beta value, CAB appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market. … However, this is the opposite to what CAB’s actual beta value suggests, which is lower stock volatility relative to the market.

Simply Wall St -

Is Cabot Energy Plc (AIM:CAB) An Energy Industry Laggard Or Leader?

AIM:CAB Growth In Earnings Dec 1st 17 The oil price collapse drove a negative 40% growth in the energy sector in the past five years. … However, recently the sector saw a reversal in the downturn, and over the past year, the industry turnaround led to growth of over 50%, beating the UK market growth of 12.35%. … AIM:CAB PE PEG Gauge Dec 1st 17 The oil and gas industry is trading at a PE ratio of 14x, in-line with the UK stock market PE of 18x.

Simply Wall St -

Cabot Energy Plc (AIM:CAB): Financial Strength Analysis

Cabot Energy Plc (AIM:CAB), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Zero-debt can alleviate some risk associated with the company meeting debt obligations, but this doesn’t automatically mean CAB has outstanding financial strength. … View our latest analysis for Cabot Energy Is CAB right in choosing financial flexibility over lower cost of capital?

Simply Wall St -

Top Cheap Stocks To Buy

Stocks, such as Cabot Energy and BGEO Group, are trading at a value below what they may actually be worth. … Additionally, CAB’s PE ratio is trading at 3x relative to its oil, gas and consumable fuels peer level of 14.4x, meaning that relative to its peers, CAB’s shares can be purchased for a lower price. … In terms of relative valuation, BGEO’s PE ratio is trading at around 10.7x against its its banks peer level of 16.3x, implying that relative to its comparable set of companies, BGEO can be bought at a cheaper price right now.

Simply Wall St -

Is Cabot Energy Plc (AIM:CAB) A Buy At Its Current Price?

By comparing a stock’s price per share to its earnings per share, we are able to see how much investors are paying for each pound of the company’s earnings. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for CAB Price per share = 0.04 Earnings per share = 0.021 ∴ Price-Earnings Ratio = 0.04 ÷ 0.021 = 2.4x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … For example, if you are inadvertently comparing lower risk firms with CAB, then CAB’s P/E would naturally be lower than its peers, since investors would value those with lower risk with a higher price.

Simply Wall St -

Company Info

Description

Cabot Energy Plc engages in the exploration, appraisal, development, and production of oil and gas properties in Canada, Italy, and Australia. The company holds interest in oil production play covering an area of approximately 58,000 acres located in north west Alberta, Canada; a 100% interest in PEL 629 license covering an area of 1.4 million acres located in Otway Basin, South Australia; and onshore and offshore permits containing exploration prospects located in Italy. The company was formerly known as Northern Petroleum Plc and changed its name to Cabot Energy Plc in June 2017. Cabot Energy Plc was incorporated in 1994 and is based in London, the United Kingdom. Cabot Energy Plc is a subsidiary of High Power Petroleum LLC.

Details
Name: Cabot Energy Plc
CAB
Exchange: AIM
Founded: 1994
£3,672,611
31,935,750
Website: http://www.cabot-energy.com
Address: Cabot Energy Plc
Fieldfisher Riverbank House,
2 Swan Lane,
London,
Greater London, EC4R 3TT,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM CAB Ordinary Shares London Stock Exchange AIM Market GB GBP 22. Dec 1995
DB NU6B Ordinary Shares Deutsche Boerse AG DE EUR 22. Dec 1995
Number of employees
Current staff
Staff numbers
11
Cabot Energy employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:57
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/02/15
Last earnings filing: 2018/09/28
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.