Cabot Oil & Gas Corporation (COG): Today's Featured Energy Loser - TheStreet

Cabot Oil & Gas Corporation

(

COG

) 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:

Ivanhoe Energy

(

IVAN

), down 27%,

Houston American Energy Corporation

(

HUSA

), down 4.3%,

New Concept Energy

(

GBR

), down 3.7%, and

Venoco Incorporated

(

VQ

), 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

basic materials

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

buy

. 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.

On the positive front,

Renewable Energy Group

(

REGI

), up 16.8%,

Hallador Energy

(

HNRG

), up 13.4%,

Cal Dive International

(

DVR

), up 12.4%, and

Recovery Energy

(

RECV

), up 12.2%, were all gainers within the energy industry with

BP

(

BP

) being today's featured energy industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the energy industry could consider

Energy Select Sector SPDR

(

XLE

) while those bearish on the energy industry could consider

Proshares Short Oil & Gas

(

DDG

).

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