Top 10 Defensive Stocks To Own Right Now: Cabot Oil & Gas Corporation(COG)
Cabot Oil & Gas Corporation operates as an independent oil and gas company in the United States. The company engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds reserves in north region comprising Appalachian and Rocky Mountains areas; and south region consisting of Anadarko basin with Texas and Louisiana areas. The company also transports, stores, gathers, and purchases natural gas for resale. As of December 31, 2010, it had proved reserves of approximately 2,761 billion cubic feet of natural gas equivalents. The company was founded in 1989 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Robert Rapier]
As I have been saying for months, most of these producers will report better year-over-year results versus last year. Last week Cabot Oil & Gas (NYSE: COG) — with most of its focus in Pennsylvanias gas-rich Marcellus Shale and the Eagle Ford crude oil shale of Texas — reported first-quarter results. Some highlights for the quarter were:
- [By Claudia Assis]
Other top decliners included coal producer Peabody Energy Corp. (BTU) , with shares down 1.3%, and Cabot Oil & Gas Corp. (COG) , off 1.1%
- [By Rich Duprey]
Cabot Oil & Gas (NYSE: COG ) didn't have to drill down very far todeclare it will pay aquarterly cash dividendof$0.02 per share on May 24 to shareholders of record at the close of business on May 16.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-10-defensive-stocks-to-own-right-now.html
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