Cabot Oil & Gas Corporation (COG) is Houston’s dangerous playground.
What’s up with Cabot Oil & Gas Corporation?
Cabot Oil & Gas Corporation (COG) opened at $21.02, which means the stock is up 4.09% from yesterday’s closing price of 20.77. Today, the company has a high of $21.99 and a low of $20.67. The company has a market cap of $8.617 billion with a 52-week high of $27.42 and a 52-week low of $13.06.
What about the future for Cabot Oil & Gas Corporation
The high forecast for Cabot Oil & Gas Corporation is 25.00 while the low is 13.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. Cabot Oil & Gas Corporation has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy.. Based on this information COG seems to be a risky buy.
About Cabot Oil & Gas Corporation
Cabot Oil & Gas Corporation, headquartered in Houston, Texas, is a leading independent natural gas producer, with its entire resource base located in the continental United States. The Company’s focused operations are centered around developing its natural gas resources in Pennsylvania.