COG - Shares of Cabot Oil & Gas Corporation (COG) Rise Above Previous 52-Week High
Cabot Oil & Gas Corporation (NYSE:COG) traded today at a new 52-week high of $20.39. This new high was reached on below average trading volume as 2.9 million shares traded hands, while the average 30-day volume is approximately 9 million shares.
Cabot Oil & Gas Corporation (NYSE:COG) is currently priced 29.4% above its average consensus analyst price target of $14.25.
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.
In the past 52 weeks, Cabot Oil & Gas Corporation share prices are bracketed by a low of $14.28 and a high of $20.39 and is now at $20.20, 41% above that low price.
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