Cabot Oil & Gas
Market Cap
US$6.6b
Last Updated
2021/04/17 22:14 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with reasonable growth potential.
Similar Companies
Share Price & News
How has Cabot Oil & Gas's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: COG's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-4.7%
COG
0.4%
US Oil and Gas
1.3%
US Market
1 Year Return
-21.0%
COG
43.9%
US Oil and Gas
53.9%
US Market
Return vs Industry: COG underperformed the US Oil and Gas industry which returned 44% over the past year.
Return vs Market: COG underperformed the US Market which returned 53.9% over the past year.
Shareholder returns
| COG | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.7% | 0.4% | 1.3% |
| 30 Day | -7.4% | 0.6% | 5.3% |
| 90 Day | -13.2% | 13.9% | 8.9% |
| 1 Year | -19.3%-21.0% | 53.8%43.9% | 56.6%53.9% |
| 3 Year | -24.4%-28.2% | -18.0%-29.5% | 64.4%53.6% |
| 5 Year | -24.1%-28.8% | -4.5%-23.8% | 120.4%95.7% |
Long-Term Price Volatility Vs. Market
How volatile is Cabot Oil & Gas's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should You Or Shouldn't You: A Dividend Analysis on Cabot Oil & Gas Corporation (NYSE:COG)1 month ago | Simply Wall St
Trade Alert: The VP of Administration & Corporate Secretary Of Cabot Oil & Gas Corporation (NYSE:COG), Deidre Shearer, Has Sold Some Shares Recently1 month ago | Simply Wall St
Cabot Oil & Gas' (NYSE:COG) Shareholders Are Down 25% On Their SharesValuation
Is Cabot Oil & Gas undervalued compared to its fair value and its price relative to the market?
41.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COG ($16.56) is trading below our estimate of fair value ($28.51)
Significantly Below Fair Value: COG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COG is poor value based on its PE Ratio (32.9x) compared to the US Oil and Gas industry average (13.4x).
PE vs Market: COG is poor value based on its PE Ratio (32.9x) compared to the US market (22.5x).
Price to Earnings Growth Ratio
PEG Ratio: COG is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: COG is overvalued based on its PB Ratio (3x) compared to the US Oil and Gas industry average (1.4x).
Future Growth
How is Cabot Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
22.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COG's forecast earnings growth (22.3% per year) is above the savings rate (2%).
Earnings vs Market: COG's earnings (22.3% per year) are forecast to grow faster than the US market (18.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: COG's revenue (14.1% per year) is forecast to grow faster than the US market (9.3% per year).
High Growth Revenue: COG's revenue (14.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COG's Return on Equity is forecast to be low in 3 years time (19.2%).
Past Performance
How has Cabot Oil & Gas performed over the past 5 years?
54.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COG has high quality earnings.
Growing Profit Margin: COG's current net profit margins (14.3%) are lower than last year (34.2%).
Past Earnings Growth Analysis
Earnings Trend: COG has become profitable over the past 5 years, growing earnings by 54.6% per year.
Accelerating Growth: COG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: COG had negative earnings growth (-70.5%) over the past year, making it difficult to compare to the Oil and Gas industry average (-44.6%).
Return on Equity
High ROE: COG's Return on Equity (9.1%) is considered low.
Financial Health
How is Cabot Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: COG's short term assets ($415.7M) exceed its short term liabilities ($390.2M).
Long Term Liabilities: COG's short term assets ($415.7M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: COG's debt to equity ratio (51.2%) is considered high.
Reducing Debt: COG's debt to equity ratio has reduced from 98.9% to 51.2% over the past 5 years.
Debt Coverage: COG's debt is well covered by operating cash flow (68.6%).
Interest Coverage: COG's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
Dividend
What is Cabot Oil & Gas's current dividend yield, its reliability and sustainability?
2.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COG's dividend (2.42%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: COG's dividend (2.42%) is low compared to the top 25% of dividend payers in the US market (3.46%).
Stability and Growth of Payments
Stable Dividend: COG's dividends per share have been stable in the past 10 years.
Growing Dividend: COG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.5%), COG's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COG's dividends in 3 years are forecast to be well covered by earnings (36.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.9yrs
Average management tenure
CEO
Dan Dinges (66 yo)
18.92yrs
Tenure
US$14,194,706
Compensation
Mr. Dan O. Dinges has been Chairman, Chief Executive Officer and President of Cabot Oil & Gas Corporation since May 2002. Mr. Dinges has a valuable experience in managing the issues that face a publicly he...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD14.19M) is above average for companies of similar size in the US market ($USD6.50M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: COG's management team is seasoned and experienced (6.9 years average tenure).
Board Members
Experienced Board: COG's board of directors are considered experienced (5.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: COG insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Cabot Oil & Gas Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cabot Oil & Gas Corporation
- Ticker: COG
- Exchange: NYSE
- Founded: 1989
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$6.600b
- Shares outstanding: 399.42m
- Website: https://www.cabotog.com
Number of Employees
Location
- Cabot Oil & Gas Corporation
- Three Memorial City Plaza
- Suite 1400
- Houston
- Texas
- 77024
- United States
Listings
Biography
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 S...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 22:14 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.