$0.06 dividends just around the corner for Cabot Oil & Gas Corporation (NYSE:COG) shareholders.

January 22, 2018 - By Richard Conner

 $0.06 dividends just around the corner for Cabot Oil & Gas Corporation (NYSE:COG) shareholders.
Investors sentiment decreased to 1.07 in 2017 Q3. Its down 0.02, from 1.09 in 2017Q2. It turned negative, as 39 investors sold Cabot Oil & Gas Corporation shares while 160 reduced holdings. 60 funds opened positions while 153 raised stakes. 435.56 million shares or 1.02% less from 440.03 million shares in 2017Q2 were reported.
Meiji Yasuda Asset Mgmt Ltd owns 0.05% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 19,870 shares. California-based Tcw Group Incorporated Inc has invested 0.01% in Cabot Oil & Gas Corporation (NYSE:COG). Twin Tree Limited Partnership owns 177,590 shares. Orrstown Fincl Svcs Inc invested 0.62% in Cabot Oil & Gas Corporation (NYSE:COG). Deutsche Fincl Bank Ag owns 1.59 million shares for 0.03% of their portfolio. Cibc World Markets accumulated 67,377 shares or 0.02% of the stock. Old Mutual Customised Solutions (Proprietary) reported 6,800 shares. Amica Retiree Medical Trust owns 2,490 shares. Wolverine Asset Limited Company holds 0.03% or 87,313 shares in its portfolio. State Of Wisconsin Invest Board owns 0.07% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 832,438 shares. Svcs Automobile Association holds 0.05% or 604,284 shares. Pennsylvania-based Glenmede Tru Com Na has invested 0% in Cabot Oil & Gas Corporation (NYSE:COG). Brown Brothers Harriman Company holds 0% or 2,376 shares. Stevens Mgmt Limited Partnership owns 0.28% invested in Cabot Oil & Gas Corporation (NYSE:COG) for 276,571 shares. Korea Inv Corporation, Korea-based fund reported 502,269 shares.

Since September 5, 2017, it had 0 insider buys, and 1 insider sale for $319,283 activity.

Cabot Oil & Gas Corporation (NYSE:COG) is expected to pay $0.06 on Feb 7, 2018. The indicated annual dividend is $0.24. Shareholders owning the stock before Jan 23, 2018 will be eligible to receive the payout. Based on Cabot Oil & Gas Corporation’s current price of $27.51, the dividend is 0.22 %. This dividend’s record date is Jan 24, 2018 and the announcement date is Jan 3, 2018. The stock decreased 0.22% or $0.06 during the last trading session, reaching $27.51. About 4.39M shares traded. Cabot Oil & Gas Corporation (NYSE:COG) has risen 1.25% since January 22, 2017 and is uptrending. It has underperformed by 15.45% the S&P500.

Cabot Oil & Gas Corporation, an independent gas and oil company, develops, exploits, explores for, produces, and markets natural gas, oil, and natural gas liquids in the United States. The company has market cap of $12.72 billion. The firm primarily focuses on the Marcellus Shale with approximately 179,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 84,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas. It currently has negative earnings. It also transports, stores, gathers, and purchases natural gas for resale.

Cabot Oil & Gas Corporation (NYSE:COG) Ratings Coverage

Among 33 analysts covering Cabot Oil & Gas (NYSE:COG), 21 have Buy rating, 1 Sell and 11 Hold. Therefore 64% are positive. Cabot Oil & Gas has $39 highest and $2 lowest target. $30.45’s average target is 10.69% above currents $27.51 stock price. Cabot Oil & Gas had 104 analyst reports since July 21, 2015 according to SRatingsIntel. Tudor Pickering downgraded the shares of COG in report on Friday, April 15 to “Hold” rating. The firm earned “Buy” rating on Tuesday, September 12 by Cowen & Co. Barclays Capital maintained the stock with “Equal-Weight” rating in Thursday, September 1 report. On Friday, September 1 the stock rating was maintained by BMO Capital Markets with “Buy”. On Tuesday, January 19 the stock rating was maintained by Topeka Capital Markets with “Buy”. The rating was downgraded by Susquehanna to “Neutral” on Wednesday, January 17. The stock has “Hold” rating by Jefferies on Wednesday, July 19. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, October 11. On Tuesday, July 18 the stock rating was maintained by Cowen & Co with “Buy”. The rating was maintained by Deutsche Bank with “Hold” on Wednesday, December 9.

More notable recent Cabot Oil & Gas Corporation (NYSE:COG) news were published by: Prnewswire.com which released: “Cabot Oil & Gas Corporation Announces Dividend Increase of 20 Percent” on January 03, 2018, also Nasdaq.com with their article: “Commit To Purchase Cabot Oil & Gas Corp. At $23, Earn 4.1% Using Options” published on January 09, 2018, Bizjournals.com published: “Houston natural gas producer increases dividend after slashing operating costs” on January 04, 2018. More interesting news about Cabot Oil & Gas Corporation (NYSE:COG) were released by: Nasdaq.com and their article: “Ex-Div Reminder for Cabot Oil & Gas (COG)” published on January 19, 2018 as well as Zacks.com‘s news article titled: “Oil & Gas Stock Roundup: Shell Boosts Power Market Presence, Cabot Sells Eagle …” with publication date: December 27, 2017.

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