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.
Solid track record established dividend payer.
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.
7 Day Return
US Oil and Gas
1 Year Return
US Oil and Gas
Return vs Industry: COG exceeded the US Oil and Gas industry which returned -56.1% over the past year.
Return vs Market: COG underperformed the US Market which returned -10.7% over the past year.
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
1 week ago | Simply Wall StThe Senior Vice President of Marketing of Cabot Oil & Gas Corporation (NYSE:COG), Jeffrey Hutton, Just Sold 38% Of Their Holding
2 weeks ago | Simply Wall StThose Who Purchased Cabot Oil & Gas (NYSE:COG) Shares Five Years Ago Have A 35% Loss To Show For It
3 weeks ago | Simply Wall StShould You Like Cabot Oil & Gas Corporation’s (NYSE:COG) High Return On Capital Employed?
Is Cabot Oil & Gas undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COG ($17.19) is trading above our estimate of fair value ($13.81)
Significantly Below Fair Value: COG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COG is poor value based on its PE Ratio (10.5x) compared to the Oil and Gas industry average (6.9x).
PE vs Market: COG is good value based on its PE Ratio (10.5x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: COG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: COG is overvalued based on its PB Ratio (3.2x) compared to the US Oil and Gas industry average (0.5x).
How is Cabot Oil & Gas forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COG's earnings are forecast to decline over the next 3 years (-6.6% per year).
Earnings vs Market: COG's earnings are forecast to decline over the next 3 years (-6.6% per year).
High Growth Earnings: COG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: COG's revenue (0.7% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: COG's revenue (0.7% 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 (19.7%).
How has Cabot Oil & Gas performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COG has high quality earnings.
Growing Profit Margin: COG's current net profit margins (34.3%) are higher than last year (26%).
Past Earnings Growth Analysis
Earnings Trend: COG's earnings have grown significantly by 62.1% per year over the past 5 years.
Accelerating Growth: COG's earnings growth over the past year (22.3%) is below its 5-year average (62.1% per year).
Earnings vs Industry: COG earnings growth over the past year (22.3%) exceeded the Oil and Gas industry -11.4%.
Return on Equity
High ROE: COG's Return on Equity (31.7%) is considered high.
How is Cabot Oil & Gas's financial position?
Financial Position Analysis
Short Term Liabilities: COG's short term assets ($568.2M) exceed its short term liabilities ($328.0M).
Long Term Liabilities: COG's short term assets ($568.2M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: COG's debt to equity ratio (56.7%) is considered high.
Reducing Debt: COG's debt to equity ratio has reduced from 81.8% to 56.7% over the past 5 years.
Debt Coverage: COG's debt is well covered by operating cash flow (118.5%).
Interest Coverage: COG's interest payments on its debt are well covered by EBIT (16x coverage).
Inventory Level: COG has a high level of physical assets or inventory.
Debt Coverage by Assets: COG's debt is not covered by short term assets (assets are 0.5x debt).
What is Cabot Oil & Gas's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COG's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: COG's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (5.37%).
Stability and Growth of Payments
Stable Dividend: COG's dividends per share have been stable in the past 10 years.
Growing Dividend: COG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.4%), COG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COG's dividends in 3 years are forecast to be well covered by earnings (32.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dan Dinges (65yo)
Mr. Dan O. Dinges has been Chairman, Chief Executive Officer and President of Cabot Oil & Gas Corporation since May 2002. Mr. Dinges has a valuable experience in managing the issues that face a publicly he ...
CEO Compensation Analysis
Compensation vs Market: Dan's total compensation ($USD13.83M) is above average for companies of similar size in the US market ($USD7.33M).
Compensation vs Earnings: Dan's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||23.25yrs||US$6.52m||0.39% $26.4m|
|Senior Vice President of Operations||0.75yr||US$2.43m||0.075% $5.1m|
|Senior Vice President of Marketing||6.25yrs||US$2.46m||0.083% $5.7m|
|Senior Vice President of EHS & Engineering||no data||US$2.45m||0.053% $3.6m|
|VP & Chief Accounting Officer||no data||no data||0.022% $1.5m|
|Vice President of Information Services||2.17yrs||no data||no data|
|VP of Administration & Corporate Secretary||0.75yr||no data||0.014% $952.4k|
|VP & General Counsel||9.58yrs||US$1.36m||0.035% $2.4m|
|Senior Vice President of Land & Business Development||no data||no data||0.031% $2.1m|
Experienced Management: COG's management team is seasoned and experienced (6.3 years average tenure).
|Independent Director||9.25yrs||US$352.92k||no data|
|Independent Director||11.75yrs||US$368.28k||0.0056% $387.1k|
|Independent Director||4.33yrs||US$336.08k||0.0013% $85.6k|
|Independent Director||2.67yrs||US$313.69k||no data|
|Lead Director||5.17yrs||US$413.47k||0.18% $12.3m|
|Independent Director||2.67yrs||US$313.68k||no data|
|Independent Director||1.67yrs||US$309.46k||0.010% $697.5k|
|Independent Director||4.33yrs||US$336.30k||0.0013% $85.6k|
Experienced Board: COG's board of directors are considered experienced (4.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cabot Oil & Gas Corporation's company bio, employee growth, exchange listings and data sources
- Name: Cabot Oil & Gas Corporation
- Ticker: COG
- Exchange: NYSE
- Founded: 1989
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: US$6.852b
- Shares outstanding: 398.58m
- Website: https://www.cabotog.com
Number of Employees
- Cabot Oil & Gas Corporation
- Three Memorial City Plaza
- Suite 1400
- United States
|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|
|XCQ||BRSE (Berne Stock Exchange)||Yes||Common Stock||CH||CHF||Feb 1990|
|C1OG34||BOVESPA (Bolsa de Valores de Sao Paulo)||BDR EACH REPR 1 COM||BR||BRL||Dec 2019|
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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 04:40|
|End of Day Share Price||2020/03/31 00:00|
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.