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Forecasting Cabot Oil & Gas’s Stock Price

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Jul. 9 2018, Updated 9:03 a.m. ET

Implied volatility

Cabot Oil & Gas’s (COG) current implied volatility is ~36%, 8.16% higher than its 15-day average of 33.31%. Meanwhile, the Energy Select Sector SPDR ETF (XLE) has implied volatility of 20.2%, ~7.67% higher than its 15-day average of 18.76%.

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COG’s price forecast

Based on COG’s implied volatility of ~36% and assuming a normal distribution of prices and standard deviation of one, we can expect COG’s stock price to stay between $19.21 and $27.57 for 68% of the time in the next three months.

In comparison, peer Antero Resources’ (AR) stock price is expected to be $17.77–$25.17 in the three months based on its implied volatility of ~34.7%, and Noble Energy’s (NBL) is expected to be $28.56–$41.14 based on its 36.37% implied volatility. EQT’s (EQT) stock price is forecast to be $46.10–$63.84 based on its implied volatility of 32.49%. To know more about COG’s stock movement, read Cabot Oil & Gas’s Recent Stock Performance. Next, we’ll end this series with a look at Cabot Oil & Gas’s short interest.

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