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COG - Cabot Oil & Gas: Stock Is A Better Value Now Despite A Weaker Outlook For 2021 Gas Prices
December, 10 2020 04:32 PM
Cabot Oil & Gas Corporation
2021 natural gas futures have fallen by around $0.40 since late October. Cabot is still likely to generate a significant amount of positive cash flow in 2021, though. It has some protection against lower prices from its hedges and fixed price sales. Stock offers better value now compared to a couple of months ago despite the weaker near-term outlook for natural gas prices. For further details see:
Cabot Oil & Gas: Stock Is A Better Value Now Despite A Weaker Outlook For 2021 Gas Prices
Stock Information
Company Name:
Cabot Oil & Gas Corporation
Stock Symbol:
COG
Market:
NYSE
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