Cabot Oil & Gas
Market Cap
US$6.6b
Last Updated
2019/12/09 23:34 UTC
Data Sources
Company Financials +
Executive Summary
Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record established dividend payer.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.7%
COG
1.9%
US Oil and Gas
0.7%
US Market
1 Year Return
-36.3%
COG
-9.2%
US Oil and Gas
18.2%
US Market
Return vs Industry: COG underperformed the US Oil and Gas industry which returned -9.2% over the past year.
Return vs Market: COG underperformed the US Market which returned 18.2% over the past year.
Shareholder returns
| COG | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.7% | 1.9% | 0.7% |
| 30 Day | -12.3% | -2.7% | 1.5% |
| 90 Day | -13.3% | -2.8% | 5.0% |
| 1 Year | -35.2%-36.3% | -5.8%-9.2% | 20.8%18.2% |
| 3 Year | -28.3%-30.7% | -13.7%-21.6% | 45.2%35.8% |
| 5 Year | -43.7%-45.9% | -8.1%-21.6% | 71.6%52.7% |
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
4 days ago | Simply Wall St
Read This Before Buying Cabot Oil & Gas Corporation (NYSE:COG) Shares2 weeks ago | Simply Wall St
Those Who Purchased Cabot Oil & Gas (NYSE:COG) Shares Five Years Ago Have A 50% Loss To Show For It4 weeks ago | Simply Wall St
How Does Cabot Oil & Gas Corporation (NYSE:COG) Fare As A Dividend Stock?Valuation
Is Cabot Oil & Gas undervalued compared to its fair value and its price relative to the market?
49.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: COG ($16.11) is trading below our estimate of fair value ($31.74)
Significantly Below Fair Value: COG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: COG is good value based on its PE Ratio (8.4x) compared to the Oil and Gas industry average (9.7x).
PE vs Market: COG is good value based on its PE Ratio (8.4x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: COG is poor value based on its PEG Ratio (14.2x)
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 (0.8x).
Next Steps
Future Growth
How is Cabot Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
0.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COG's forecast earnings growth (0.6% per year) is below the savings rate (1.7%).
Earnings vs Market: COG's earnings (0.6% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: COG's earnings are forecast to grow, but not significantly.
Revenue vs Market: COG's revenue (2.5% per year) is forecast to grow slower than the US market (7.4% per year).
High Growth Revenue: COG's revenue (2.5% 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 high in 3 years time (20.2%)
Next Steps
Past Performance
How has Cabot Oil & Gas performed over the past 5 years?
48.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COG has high quality earnings.
Growing Profit Margin: COG's current net profit margins (36.9%) are higher than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: COG's earnings have grown significantly by 48.4% per year over the past 5 years.
Accelerating Growth: COG's earnings growth over the past year (240.6%) exceeds its 5-year average (48.4% per year).
Earnings vs Industry: COG earnings growth over the past year (240.6%) exceeded the Oil and Gas industry -15.6%.
Return on Equity
High ROE: COG's Return on Equity (36.6%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Cabot Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: COG's short term assets ($421.7M) exceed its short term liabilities ($294.8M).
Long Term Liabilities: COG's short term assets ($421.7M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: COG's debt to equity ratio (55.1%) is considered high.
Reducing Debt: COG's debt to equity ratio has reduced from 68.3% to 55.1% over the past 5 years.
Debt Coverage: COG's debt is well covered by operating cash flow (122.9%).
Interest Coverage: COG's interest payments on its debt are well covered by EBIT (19.1x coverage).
Balance Sheet
Inventory Level: COG has a high level of physical assets or inventory.
Debt Coverage by Assets: COG's debt is not covered by short term assets (assets are 0.3x debt).
Next Steps
Dividend
What is Cabot Oil & Gas's current dividend yield, its reliability and sustainability?
2.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: COG's dividend (2.48%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: COG's dividend (2.48%) is low compared to the top 25% of dividend payers in the US market (3.7%).
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: With its low payout ratio (16.7%), COG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COG's dividends in 3 years are forecast to be well covered by earnings (25.6% payout ratio).
Next Steps
Management
What is the CEO of Cabot Oil & Gas's salary, the management and board of directors tenure and is there insider trading?
5.9yrs
Average management tenure
CEO
Dan Dinges (65yo)
17.6yrs
Tenure
US$13,050,320
Compensation
Mr. Dan O. Dinges has been Chairman, Chief Executive Officer and President of Cabot Oil & Gas Corporation since May 2002. Mr. Dinges has a valuable experience in managing the issues that face a publicly he ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD13.05M) is above average for companies of similar size in the US market ($USD6.70M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.9yrs
Average Tenure
58.5yo
Average Age
Experienced Management: COG's management team is seasoned and experienced (5.9 years average tenure).
Board Age and Tenure
4.0yrs
Average Tenure
65yo
Average Age
Experienced Board: COG's board of directors are considered experienced (4 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 20,000 |
| Max Price | US$16.63 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 7,500 |
| Max Price | US$16.39 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 9,000 |
| Max Price | US$19.30 |
| Entity | Individual |
| Role | Head of Marketing Senior Vice President of Marketing |
| Shares | 150,720 |
| Max Price | US$26.38 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 54 |
| Max Price | US$23.00 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Jeffrey Hutton (63yo)
Senior Vice President of Marketing
- Tenure: 5.9yrs
- Compensation: US$2.22m
Scott Schroeder (56yo)
Executive VP & CFO
- Tenure: 22.9yrs
- Compensation: US$6.04m
Dan Dinges (65yo)
Chairman
- Tenure: 17.6yrs
- Compensation: US$13.05m
Phil Stalnaker (59yo)
Senior Vice President of Operations
- Tenure: 0.4yrs
- Compensation: US$2.20m
Todd Roemer (48yo)
VP & Chief Accounting Officer
- Tenure: 0yrs
George Cunningham (65yo)
VP & General Counsel
- Tenure: 9.3yrs
- Compensation: US$1.36m
Todd Liebl (61yo)
Senior Vice President of Land & Business Development
- Tenure: 0yrs
Steven Lindeman (58yo)
Senior Vice President of EHS & Engineering
- Tenure: 0yrs
- Compensation: US$2.21m
Deidre Shearer (51yo)
VP of Administration & Corporate Secretary
- Tenure: 0.4yrs
Chip Dyson (47yo)
Vice President of Information Services
- Tenure: 1.8yrs
Board Members
Matt Ralls (70yo)
Independent Director
- Tenure: 8.9yrs
- Compensation: US$338.67k
Rhys Best (73yo)
Independent Director
- Tenure: 11.4yrs
- Compensation: US$352.37k
Bob Boswell (70yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$326.47k
Dan Dinges (65yo)
Chairman
- Tenure: 17.6yrs
- Compensation: US$13.05m
Mandy Brock (58yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$307.83k
Bob Kelley (73yo)
Lead Director
- Tenure: 4.8yrs
- Compensation: US$400.28k
Marc Watts (60yo)
Independent Director
- Tenure: 2.3yrs
- Compensation: US$307.83k
Pete Delaney (65yo)
Independent Director
- Tenure: 1.3yrs
- Compensation: US$83.98k
Dorothy Ables (61yo)
Independent Director
- Tenure: 4yrs
- Compensation: US$313.18k
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$6.572b
- Shares outstanding: 407.92m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| COG | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Feb 1990 |
| XCQ | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Feb 1990 |
| COG * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Feb 1990 |
| 0HRZ | LSE (London Stock Exchange) | Yes | Common Stock | GB | USD | Feb 1990 |
Biography
Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States. It primarily focuses ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/09 23:34 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.