) pushed the Energy industry lower today making it today's featured Energy loser. The industry as a whole closed the day up 3.4%. By the end of trading, Cabot Oil & Gas Corporation fell 92 cents (-2.3%) to $39.40 on heavy volume. Throughout the day, 8.5 million shares of Cabot Oil & Gas Corporation exchanged hands as compared to its average daily volume of 4.3 million shares. The stock ranged in price between $38.51-$41.67 after having opened the day at $41.67 as compared to the previous trading day's close of $40.32. Other company's within the Energy industry that declined today were:
), down 27%,
), down 4.3%,
), down 3.7%, and
), down 3.1%.
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Cabot Oil & Gas Corporation, an independent oil and gas company, engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil and, and natural gas liquids in the United States. Cabot Oil & Gas Corporation has a market cap of $8.65 billion and is part of the
sector. The company has a P/E ratio of 66.5, below the average energy industry P/E ratio of 67.6 and above the S&P 500 P/E ratio of 17.7. Shares are up 8.7% year to date as of the close of trading on Thursday. Currently there are seven analysts that rate Cabot Oil & Gas Corporation a buy, no analysts rate it a sell, and 10 rate it a hold.
TheStreet Ratings rates Cabot Oil & Gas Corporation as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, good cash flow from operations, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Cabot Oil & Gas Ratings Report.
On the positive front,
), up 16.8%,
), up 13.4%,
), up 12.4%, and
), up 12.2%, were all gainers within the energy industry with
) being today's featured energy industry winner.
- Use our energy section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider
) while those bearish on the energy industry could consider
- Find other investment ideas from our top rated ETFs lists.