It is expected that in Dec 2018 quarter, Cabot Oil & Gas Corporation (NYSE:COG) will have an EPS of $0.44. It means that there could be a 266.67% growth in the quarter. Yearly earnings are expected to rise by 118.75% to about $1.05. RSI after the last trading period was 51.48. COG recorded a change of 1.24% over the past week and returned 15.06% over the last three months while the COG stock’s monthly performance revealed a shift in price of -3%. The year to date (YTD) performance stands at -11.85%, and the bi-yearly performance specified an activity trend of 7.78% while the shares have moved -11.01% for the past 12 months.
COG’s EPS was $0.25 as reported for the September quarter. In comparison, the same quarter a year ago had an EPS of $0.07. That means that its growth in general now stands at 257%. Therefore, a prediction of $0.28 given by the analysts brought a negative surprise of -11%. COG Sep 18 quarter revenue was $545.17 million, compared to $385.42 million recorded in same quarter last year, giving it a 41% growth rate. The company’s $159.75 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.
Cabot Oil & Gas Corporation (COG) currently trades at $25.21, which is higher by 0.44% its previous price. It has a total of 440.77 million outstanding shares, with an ATR of around 0.9. The company’s stock volume dropped to 10.2 million, worse than 7.32 million that represents its 50-day average. A 5-day increase of about 1.24% in its price means COG is now -11.85% lower on year-to-date. The shares have surrendered $43372.79 since its $29.56 52-week high price recorded on 3rd of January 2018. Overall, it has seen a growth rate of -11.01 over the last 12 months. The current price per share is $4.27 above the 52 week low of $20.94 set on 25th of October 2018.
12 analysts out of 28 Wall Street brokerage firms rate COG stock as a Buy, while 2 see it as a Sell. The rest 14 describe it as a Hold. The stock traded higher to an intra-day high of $25.22. At one point in session, its potential discontinued and the price was down to lows at $24.32. Analysts have set COG’s consensus price at $27.04, effectively giving it a 7.26% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $34 (up 34.87% from current price levels). COG has a 10.4% ROE, higher than the 6.89% average for the industry. The average ROE for the sector is 18.9%.
Canadian Natural Resources Limited (NYSE:CNQ) shares depreciated -2.4% over the last trading period, taking overall 5-day performance up to 8.25%. COG’s price now at $26.38 is weaker than the 50-day average of $28.62. Getting the trading period increased to 200 days, the stock price was seen at $32.61 on average. The general public currently hold control of a total of 1.19 billion shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 1.21 billion. The company’s management holds a total of 3.3%, while institutional investors hold about 66.6% of the remaining shares. COG share price finished last trade -2% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -19.17%, while closing the session with -8.22% distance from 50 day simple moving average.
Canadian Natural Resources Limited (CNQ) shares were last observed trading -30.94% down since May 22, 2018 when the peak of $38.2 was hit. Last month’s price growth of -9.94% puts CNQ performance for the year now at -26.15%. Consequently, the shares price is trending higher by 9.83%, a 52-week worst price since Nov. 28, 2018. However, it is losing value with -22.16% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $25.49 and $25.93. The immediate resistance area is now $27.04 Williams’s%R (14) for CNQ moved to 55.89 while the stochastic%K points at 52.21.
CNQ’s beta is 1.39; meaning investors could reap higher returns, although it also poses higher risks. The company allocated $2.31 per share from its yearly profit to its outstanding shares. Its last reported revenue is $5.9 billion, which was 38% versus $4.29 billion in the corresponding quarter last year. The EPS for Sep 18 quarter came in at $1.11 compared to $0.19 in the year-ago quarter and had represented 484% year-over-year earnings per share growth. CNQ’s ROA is 5.1%, higher than the 1.61% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 10.56%.
Estimated quarterly earnings for Canadian Natural Resources Limited (NYSE:CNQ) are around $0.5 per share in three months through December with $0.29 also the estimate for March quarter of the fiscal year. It means the growth is estimated at 61.29% and -53.23%, respectively. Analysts estimate full-year growth to be 221.69%, the target being $2.67 a share. The upcoming year will see an increase in growth by percentage to -17.23%, more likely to see it hit the $2.21 per share. The firm’s current profit margin over the past 12 months is 16.8%. CNQ ranks higher in comparison to an average of 6.89% for industry peers; while the average for the sector is 12.73%.