EQT - Cabot Oil & Gas raised to Buy at Siebert Williams as lowest-cost gas producer

Cabot Oil & Gas ([[COG]] +4.6%) should outperform peers despite weakness in gas prices, Siebert Williams Shank analyst Gabriele Sorbara says in upgrading shares to Buy from Hold with a $21.50 price target.Cabot "will outperform even if the natural gas price weakness persists, given that COG is the 'last man standing' with the lowest cost structure in the industry," SWS analyst Gabriele Sorbara writes, adding she has "always been a fan of both management and the asset base."Sorbara also initiates EQT Corp. ([[EQT]] +4.2%) at Hold with a $16 target, saying the stock's risk/reward is less compelling."Barring a significant natural gas rally, we believe EQT's outperformance hinges on it executing certain plans that improve its valuation, drive free cash flow and reduce debt, and to do that is likely challenging in the current price environment," she says.COG's average Wall Street analyst rating is Bullish, as is its Seeking Alpha Authors' Rating.

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Cabot Oil & Gas raised to Buy at Siebert Williams as lowest-cost gas producer