Cabot Oil & Gas and its peers
In this part of the series, we’ll compare Cabot Oil & Gas (COG) to its industry peers.
- The PBV (price-to-book value) ratios of Cabot Oil & Gas (COG), Anadarko Petroleum (APC), EQT (EQT), Antero Resources (AR), and SM Energy (SM) are 4.07x, 2.23x, 2.06x, 1.17x, and 1.08x, respectively.
- The PS (price-to-sales) ratios of Cabot Oil & Gas, Anadarko Petroleum, EQT, Antero Resources, and SM Energy are 4.59x, 2.78x, 4.37x, 1.60x, and 1.15x, respectively.
Cabot Oil & Gas has outperformed its peers based on PBV and PS.
ETFs that invest in Cabot Oil & Gas
The First Trust ISE-Revere Natural Gas ETF (FCG) invests 3.5% of its holdings in Cabot. The ETF aims to track an equal-weighted index of US companies that derive a substantial portion of their revenues from the exploration and production of natural gas.
The VanEck Vectors Unconventional Oil & Gas ETF (FRAK) invests 2.5% of its holdings in Cabot. The ETF tracks a market-weighted index of companies involved in unconventional oil and natural gas production, exploration, and refining.
The Guggenheim S&P Equal Weight Energy ETF (RYE) invests 2.1% of its holdings in Cabot. The ETF tracks an equal-weight index of US energy companies in the S&P 500.
Cabot Oil & Gas compared to its ETFs
Now let’s look at Cabot Oil & Gas compared to its ETFs.
- The year-to-date price movements of Cabot Oil & Gas, FCG, FRAK, and RYE are -28.6%, -41.1%, -21.4%, and -17.0%, respectively.
- The PBV ratios of Cabot Oil & Gas, FCG, FRAK, and RYE are 4.07x, 0.94x, 1.12x, and 1.12x, respectively.
According to the above findings, these ETFs have outperformed Cabot Oil & Gas based on price movement. However, Cabot Oil & Gas is way ahead of its ETFs based on PBV.