Williams Capital Keeps Their Hold Rating on Cabot Oil & Gas


Williams Capital analyst Gabriele Sorbara reiterated a Hold rating on Cabot Oil & Gas (NYSE: COG) on May 21 and set a price target of $26. The company’s shares closed yesterday at $22.79.

According to TipRanks.com, Sorbara is a 4-star analyst with an average return of 4.7% and a 56.1% success rate. Sorbara covers the Basic Materials sector, focusing on stocks such as Gulfport Energy Corp, Extraction Oil & Gas, and Oasis Petroleum Inc.

Cabot Oil & Gas has an analyst consensus of Hold, with a price target consensus of $29.30.

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Based on Cabot Oil & Gas’ latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $117 million. In comparison, last year the company had a net profit of $106 million.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is neutral on the stock.

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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.

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