Analysts Anticipate Cabot Oil & Gas Co. (COG) to Announce $0.26 EPS

Daniel Fowler
May 2, 2018

Petrus Trust Company Lta sold 191,870 shares as the company's stock declined 13.77% with the market. The institutional investor held 1.29 million shares of the oil & gas production company at the end of 2017Q4, valued at $37.01M, up from 1.22M at the end of the previous reported quarter. Cambrian Capital Limited Partnership who had been investing in Cabot Oil & Gas Corp for a number of months, seems to be less bullish one the $11.05B market cap company. The stock increased 2.06% or $1.34 during the last trading session, reaching $66.49. About 1.24 million shares traded. The business had revenue of $214.03 million for the quarter, compared to analyst estimates of $198.51 million. sell-side analysts forecast that Extraction Oil & Gas will post 0.32 earnings per share for the current fiscal year. It has underperformed by 9.01% the S&P500.

Cabot Oil & Gas's revenue was down 8.6% compared to the same quarter past year. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

At the end of 12/31/2017 reporting period, 294 institutional holders increased their position in Cabot Oil & Gas Corporation (NYSE:COG) by some 48,749,287 shares, 219 decreased positions by 36,646,715 and 78 held positions by 374,263,178. The stock decreased 0.66% or $0.95 during the last trading session, reaching $143.73. 05, 2017, the great number of shares disposed came courtesy the Vice Pres & Controller; Roemer Todd M disposed a total of 3,737 shares at an average price of $24.12, amounting to approximately $90,136. It has outperformed by 4.39% the S&P500.

Among 30 analysts covering Maxim Integrated Products Inc. The stock of Cabot Oil & Gas Corporation (NYSE:COG) earned "Underperform" rating by Raymond James on Tuesday, January 2. Therefore 93% are positive. Cabot Oil & Gas had 118 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, February 23, the company rating was maintained by Williams Capital Group. The firm has "Sector Outperform" rating given on Thursday, August 11 by Howard Weil. Mizuho maintained Facebook, Inc. The firm earned "Buy" rating on Tuesday, September 12 by Cowen & Co. The stock of Facebook, Inc. On Friday, April 27 the stock rating was maintained by Ladenburg with "Buy". As per Thursday, July 13, the company rating was maintained by Piper Jaffray. The rating was maintained by Morgan Stanley on Wednesday, October 18 with "Overweight".

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Investors sentiment increased to 1.28 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It improved, as 35 investors sold COG shares while 148 reduced holdings. 154 funds opened positions while 439 raised stakes. About 3.56 million shares traded or 38.68% up from the average. Financial Architects holds 0% or 550 shares in its portfolio. Parametric Port Associates Lc holds 1.29M shares. (NASDAQ:FB). The Colorado-based Noven Grp Incorporated has invested 0.34% in Facebook, Inc. Moreover, Stelliam Invest Lp has 11.92% invested in Cabot Oil & Gas Corporation (NYSE:COG). Manufacturers Life Ins Commerce The accumulated 506,532 shares. Sumitomo Mitsui Trust Hldgs Inc holds 0.03% of its portfolio in Leucadia National Corporation (NYSE:LUK) for 915,714 shares. (NYSE:URI) or 232 shares. Fjarde Ap accumulated 82,006 shares or 0.04% of the stock. (NASDAQ:FB). Burney holds 0.49% or 49,602 shares in its portfolio. 443.27 million shares or 1.77% more from 435.56 million shares in 2017Q3 were reported. Stephens Investment Mgmt Gru Ltd Liability Company holds 742,386 shares or 0.48% of its portfolio. Florida-based Texas Yale has invested 0.27% in Icahn Enterprises L.P. (NASDAQ:IEP). Laurion Capital Mngmt Limited Partnership reported 0.02% stake.

Since February 14, 2018, it had 0 insider purchases, and 2 selling transactions for $874,731 activity. 31,000 shares were sold by DOLUCA TUNC, worth $1.88 million. Cabot Oil & Gas has a 52 week low of $21.40 and a 52 week high of $29.57. Therefore 30% are positive. Zacks Investment Research lowered Cabot Oil & Gas from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 27th. Kentucky Retirement Systems has 0.06% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 28,521 shares. As per Monday, March 5, the company rating was maintained by Susquehanna.

Rockefeller Financial Services Inc increased its stake in Cabot Oil & Gas Corporation (COG) by 5.69% based on its latest 2017Q4 regulatory filing with the SEC. Stifel Nicolaus maintained the stock with "Buy" rating in Friday, January 27 report. Topeka Capital Markets maintained it with "Buy" rating and $34 target in Thursday, October 8 report. Suntrust Banks Incorporated holds 0% of its portfolio in Cabot Oil & Gas Corporation (NYSE:COG) for 12,349 shares. BMO Capital Markets set a $19.00 target price on shares of Extraction Oil & Gas and gave the stock a "buy" rating in a research note on Wednesday, April 11th.

Petrus Trust Company Lta, which manages about $403.64 million US Long portfolio, upped its stake in Antero Midstream Partners Lp (NYSE:AM) by 126,503 shares to 147,303 shares, valued at $4.28 million in 2017Q4, according to the filing. It also reduced its holding in Mastec Inc (NYSE:MTZ) by 131,426 shares in the quarter, leaving it with 4.63M shares, and cut its stake in Flotek Inds Inc Del (NYSE:FTK).

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