Cabot Oil & Gas Corporation (COG): Today's Featured Energy Winner

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Cabot Oil & Gas Corporation ( COG) pushed the Energy industry higher today making it today's featured energy winner. The industry as a whole closed the day up 1.2%. By the end of trading, Cabot Oil & Gas Corporation rose $1.32 (3.4%) to $40.39 on average volume. Throughout the day, 6,610,342 shares of Cabot Oil & Gas Corporation exchanged hands as compared to its average daily volume of 5,319,600 shares. The stock ranged in a price between $39.54-$40.62 after having opened the day at $39.74 as compared to the previous trading day's close of $39.07. Other companies within the Energy industry that increased today were: Recon Technology ( RCON), up 38.2%, Houston American Energy Corporation ( HUSA), up 18.9%, Rocket Fuel ( FUEL), up 14.9% and PDC Energy ( PDCE), up 11.3%.

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 natural gas liquids in the United States. Cabot Oil & Gas Corporation has a market cap of $16.7 billion and is part of the basic materials sector. The company has a P/E ratio of 69.4, above the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year to date as of the close of trading on Monday. Currently there are 16 analysts that rate Cabot Oil & Gas Corporation a buy, no analysts rate it a sell, and 5 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, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

On the negative front, TransGlobe Energy Corporation ( TGA), down 6.4%, Sonde Resources ( SOQ), down 6.0%, KiOR ( KIOR), down 3.8% and Lucas Energy ( LEI), down 3.6% , were all laggards within the energy industry with Petroleo Brasileiro SA Petrobras ( PBR) being today's energy industry laggard.

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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