Cabot Oil & Gas Corporation was a big mover last session, as its shares rose almost 11% on the day. The upside was driven by the upgrade of the stock by JPMorgan on the company’s receipt of approval from the Federal Energy Regulatory Commission for a pending pipeline project. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $20.77 to $23.16 in the past one-month time frame.

The company has seen four positive and five negative estimate revisions over the past 30 days. Meanwhile, its Zacks Consensus Estimate moved lower signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher lasts.

Cabot Oil & Gas currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

Cabot Oil & Gas Corporation Price

 

Cabot Oil & Gas Corporation Price | Cabot Oil & Gas Corporation Quote

A better-ranked stock in the Oil and Gas space is Northern Oil and Gas, Inc. (NOG Quick QuoteNOG - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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