COG is in the fourth spot

Cabot Oil & Gas (COG), a Marcellus region focused natural gas producer, is in the fourth spot in terms of least volatile E&P stocks. Cabot Oil & Gas is the least volatile gas-weighted E&P stock. COG’s 200-day volatility was 26.3% as of August 29, 2018. This is lower than that of the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) at 27.5%. Peers Antero Resources (AR) and EQT (EQT) have a 200-day volatility of 31.5% and 34.4%, respectively.

Cabot Oil & Gas Is Fourth Least Volatile E&P Stock

COG’s relatively low volatility could be attributed to the company’s strong financial position, stable cash flow growth, and a strong hedging program. The company posted YoY (year-over-year) cash flow growth in the last five quarters. For a quick fundamental analysis of COG, read Poring Over Cabot Oil & Gas’s Key Fundamentals.

Analysts’ recommendations

55.2% of analysts rate Cabot Oil & Gas a “buy,” 37.9% rate it as a “hold,” and the remaining 6.9% rate it as a “sell” as of August 29. Susquehanna last upgraded COG to “buy.” Overall, COG has seen six rating updates since the start of this year including two upgrades, two downgrades, and two new coverage initiations. COG’s average target price of $27.8 implies ~15% upside potential from the current price levels.

Latest articles

President Trump tweeted about his plans to meet with Apple (AAPL) CEO Tim Cook. It's possible that they could discuss Apple’s US manufacturing plans.

WeWork is gearing up for an IPO. On Wednesday, the company made its IPO filing with the SEC public and expects to garner $3.5 billion from its IPO.

After FCC Chairman Ajit Pai recommended the approval of the T-Mobile–Sprint merger, Representative David Cicilline urged the FCC to allow public comment.

Cresco Labs (CRLBF) is set to report its Q2 earnings on August 21 after the market closes. The company's stock fell 5.3% yesterday.

Cannabis stocks mostly traded in positive territory today. Supreme Cannabis (FIRE) and Aurora Cannabis (ACB) rose about 9.5% and 5.5%, respectively.

NVIDIA (NVDA) stock soared 6% in today’s trading session as its Q2 earnings for fiscal 2020 beat estimates. However, its guidance missed estimates.