Cabot Oil & Gas Corp (COG) Files Form 4 Insider Selling : George Kevin Cunningham Sells 3,000 Shares

Cabot Oil & Gas Corp (COG): George Kevin Cunningham , Vice Pres. & General Counsel of Cabot Oil & Gas Corp sold 3,000 shares on Sep 13, 2016. The Insider selling transaction was reported by the company on Sep 14, 2016 to the Securities and Exchange Commission. The shares were sold at $25.25 per share for a total value of $75,750.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 27, 2016, George Kevin Cunningham (Vice Pres. & General Counsel) sold 6,178 shares at $25.32 per share price.On May 9, 2016, Robert S Boswell (director) purchased 5,000 shares at $24.35 per share price.Also, On Aug 21, 2015, Robert L Keiser (director) purchased 450 shares at $25.42 per share price.On May 1, 2015, Scott C Schroeder (Executive Vice President & CFO) sold 26,316 shares at $33.76 per share price.

Cabot Oil & Gas Corporation: On Monday, Sep 12, 2016 heightened volatility was witnessed in Cabot Oil & Gas Corporation which led to swings in the share price. The shares opened for trading at $25.92 and hit $26.4775 on the upside , eventually ending the session at $26.3, with a gain of 0.92% or 0.24 points. The heightened volatility saw the trading volume jump to 4,075,897 shares. The 52-week high of the share price is $26.74 and the company has a market cap of $12,233 M . The 52-week low of the share price is at $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 Initiated by Williams Capital Group to Buy and the brokerage firm has set the Price Target at $30. The Rating was issued on Aug 29, 2016.Cabot Oil & Gas Corporation is Upgraded by Scotia Howard Weil to Sector Outperform and the brokerage firm has set the Price Target at $30. Earlier the firm had a rating of Sector Perform on the company shares. The Rating was issued on Aug 11, 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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