Today, the Sr. VP, Marketing of Cabot Oil & Gas (COG), Jeffrey Hutton, sold shares of COG for $3.94M.
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Based on Cabot Oil & Gas’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $670 million and quarterly net profit of $275 million. In comparison, last year the company earned revenue of $430 million and had a GAAP net loss of $44.44 million. COG’s market cap is $11.15B and the company has a P/E ratio of 20.97. Currently, Cabot Oil & Gas has an average volume of 2.7M.
Based on 6 analyst ratings, the analyst consensus is Hold with an average price target of $27.20, reflecting a 1.7% upside.
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Cabot Oil & Gas Corp. engages in the development, exploitation, and exploration of oil and gas properties. It operates through the Marcellus shale in Pennsylvania. The company was founded in 1989 and is headquartered in Houston, TX.
