Please ensure Javascript is enabled for purposes of website accessibility

It's Showtime for Cabot Oil & Gas

By Seth Jayson - Updated Apr 10, 2017 at 1:48PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Checking expectations

Cabot Oil & Gas (NYSE: COG) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Cabot Oil & Gas's revenues will expand 36.6% and EPS will increase 78.6%.

The average estimate for revenue is $371.7 million. On the bottom line, the average EPS estimate is $0.25.

Revenue details
Last quarter, Cabot Oil & Gas tallied revenue of $369.9 million. GAAP reported sales were 38% higher than the prior-year quarter's $268.0 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $0.27. GAAP EPS of $0.19 for Q4 were 58% higher than the prior-year quarter's $0.12 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 76.5%, 100 basis points better than the prior-year quarter. Operating margin was 33.0%, 630 basis points better than the prior-year quarter. Net margin was 11.0%, 120 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.75 billion. The average EPS estimate is $1.45.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Cabot Oil & Gas is outperform, with an average price target of $56.33.

Is Cabot Oil & Gas the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Coterra Energy Inc. Stock Quote
Coterra Energy Inc.
CTRA
$32.60 (0.71%) $0.23

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
334%
 
S&P 500 Returns
117%

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/25/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.