X
<

Cabot Oil & Gas’s Key Fundamentals: What Do the Numbers Say?

PART:
1 2 3 4 5 6 7 8 9
Part 2
Cabot Oil & Gas’s Key Fundamentals: What Do the Numbers Say? PART 2 OF 9

The Trends in Cabot Oil & Gas’s Leverage

Cabot Oil & Gas’s leverage

Since 2Q15, Cabot Oil & Gas’s (COG) total debt has fallen ~31.0%. In 2Q17, its total debt was ~$1.52 billion compared to ~$2.0 billion in 2Q15 and $1.54 billion in 2Q16.

The Trends in Cabot Oil &amp; Gas’s Leverage

Interested in COG? Don't miss the next report.

Receive e-mail alerts for new research on COG

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

As we saw in the previous part, COG’s debt levels fell between 4Q15 and 1Q16 and have stayed at those levels since then.

Its total debt-to-equity ratio fell from ~93.0% in 2Q15 to ~57.5% in 2Q17. Usually, the higher the debt-to-equity ratio, the riskier the company is perceived.

Given COG’s debt levels of $1.5 billion and its market capitalization of $12.0 billion, investors might consider it a good addition to their portfolio to ride out the volatile energy prices.

Next, we’ll look at COG’s financial position in more detail.

X

Please select a profession that best describes you: