Today, the COB, Pres & CEO of Cabot Oil & Gas (COG), Dan Dinges, bought shares of COG for $326.7K.
In addition to Dan Dinges, 2 other COG executives reported Buy trades in the last month.
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Based on Cabot Oil & Gas’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $470 million and quarterly net profit of $181 million. In comparison, last year the company earned revenue of $457 million and had a net profit of $42.43 million. The company has a one-year high of $27.65 and a one-year low of $16.01. COG’s market cap is $6.89B and the company has a P/E ratio of 8.53.
Six different firms, including Citigroup and Jefferies, currently also have a Buy rating on the stock.
The insider sentiment on Cabot Oil & Gas has been positive according to 60 insider trades in the past three months. This sentiment is higher than the average sentiment of company insiders in this sector.
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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.
