Cabot Oil & Gas Corp (COG) Files Form 4 Insider Buying : Robert S Boswell Buys 5,000 Shares

Cabot Oil & Gas Corp (COG): Robert S Boswell , director of Cabot Oil & Gas Corp purchased 5,000 shares on May 5, 2016. The Insider buying transaction was reported by the company on May 9, 2016 to the Securities and Exchange Commission. The shares were purchased at $24.35 per share for a total value of $121,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 9, 2016, George Kevin Cunningham (Vice Pres. & General Counsel) sold 8,500 shares at $24.26 per share price.On Aug 21, 2015, Robert L Keiser (director) purchased 450 shares at $25.42 per share price.Also, On May 1, 2015, Scott C Schroeder (Executive Vice President & CFO) sold 26,316 shares at $33.76 per share price.On Mar 2, 2015, Rhys J Best (director) purchased 5,000 shares at $29.01 per share price.

Shares of Cabot Oil & Gas Corporation (COG) ended Friday, May 6, 2016 session in red amid volatile trading. The shares closed down -0.38 points or -1.57% at $23.81 with 56,18,582 shares getting traded. Post opening the session at $23.79, the shares hit an intraday low of $23.75 and an intraday high of $24.445 and the price vacillated in this range throughout the day. The company has a market cap of $11,072 M and the number of outstanding shares has been calculated to be 46,50,00,270 shares. The 52-week high of Cabot Oil & Gas Corporation is $35.64 and the 52-week low is $14.88.

Cabot Oil & Gas Corporation Money Flow Index Chart

Company has been under the radar of several Street Analysts.Cabot Oil & Gas Corporation is Upgraded by JP Morgan to Overweight. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on May 3, 2016.Cabot Oil & Gas Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 20 from a previous price target of $19 .The Rating was issued on May 2, 2016.Cabot Oil & Gas Corporation is Downgraded by Tudor Pickering to Hold. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Apr 15, 2016.Cabot Oil & Gas Corporation is Reiterated by Topeka Capital Markets to Buy and the brokerage firm has raised the Price Target to $ 27 from a previous price target of $25 .The Rating was issued on Feb 23, 2016.Cabot Oil & Gas Corporation is Reiterated by Barclays to Equal Weight and the brokerage firm has raised the Price Target to $ 19 from a previous price target of $18 .The Rating was issued on Feb 22, 2016.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development exploitation and exploration of oil and gas properties. The Company’s exploration development and production operations are primarily concentrated in two plays: the Marcellus Shale in northeast Pennsylvania and the Eagle Ford Shale in south Texas. The Company’s Marcellus Shale properties are principally located in Susquehanna County and to a lesser extent Wyoming County Pennsylvania. The Company’s properties in the Eagle Ford Shale are principally located in Atascosa Frio and La Salle Counties Texas. The Company also has operations in various other unconventional and conventional plays throughout the continental United States including the Utica Shale in Pennsylvania; the Cotton Valley Haynesville Bossier and James Lime formations in east Texas and the Devonian Shale Big Lime Weir and Berea in West Virginia.

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