Why Cabot Oil & Gas Corporation (NYSE:COG) Is An Attractive Investment To Consider

Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Cabot Oil & Gas Corporation (NYSE:COG) due to its excellent fundamentals in more than one area. COG is a well-regarded dividend payer with a great track record of delivering benchmark-beating performance. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Cabot Oil & Gas here.

Outstanding track record established dividend payer

COG delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. The strong earnings growth is reflected in impressive double-digit 36% return to shareholders, which paints a buoyant picture for the company.

NYSE:COG Income Statement, September 29th 2019
NYSE:COG Income Statement, September 29th 2019

Income investors would also be happy to know that COG is a great dividend company, with a current yield standing at 2.1%. COG has also been regularly increasing its dividend payments to shareholders over the past decade.

NYSE:COG Historical Dividend Yield, September 29th 2019
NYSE:COG Historical Dividend Yield, September 29th 2019

Next Steps:

For Cabot Oil & Gas, there are three essential factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for COG’s future growth? Take a look at our free research report of analyst consensus for COG’s outlook.

  2. Financial Health: Are COG’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.

  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of COG? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.