Shares of Cabot Oil & Gas Corporation (COG) Fall Below Previous 52-Week Low

2021-06-18

NYSE - New York Stock Exchange · Oil · Natural Gas · Cobalt · Nickel · Copper · Manganese · Switzerland

Shares of Cabot Oil & Gas Corporation (NYSE:COG)traded today at $15.57, breaking its 52-week low. Approximately 2.6 million shares have changed hands today, as compared to an average 30-day volume of 11.5 million shares.

In the past 52 weeks, shares of Cabot Oil & Gas Corporation have traded between the current low of $15.57 and a high of $21.34 and is now at $15.75.

Houston-based Cabot Oil & Gas is an independent exploration and production company with operations in Appalachia. At year-end 2020, Cabot's proved reserves were 13.7 trillion cubic feet of equivalent, with net production that year of approximately 2,344 million cubic feet of natural gas per day. All of Cabot's production is Marcellus dry natural gas.

Based on a current price of $15.75, Cabot Oil & Gas Corporation is currently 25.7% above its average consensus analyst price target of $11.70.

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