| Cabot Oil & Gas is an independent oil and gas company engaged in the development, exploitation, exploration and production of oil and gas properties. Co.'s assets are concentrated in areas with known hydrocarbon resources, which are conducive to multi-well, repeatable drilling programs. Co. operates in one segment, natural gas development, exploitation, exploration and production, in the continental United States. Co.'s operations are primarily concentrated in one unconventional play—the Marcellus Shale in northeast Pennsylvania. Co.'s Marcellus Shale properties represent its primary operating area and are principally located in Susquehanna County, PA. |
When researching a stock like Cabot Oil and Gas, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from COG Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for COG stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the COG 200 day moving average ("COG 200 DMA"), while one of the most popular "shorter look-backs" is the COG 50 day moving average ("COG 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Cabot Oil and Gas. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the COG 200 DMA and the COG 50 DMA, we get a moving average convergence divergence indicator ("COG MACD"). The COG MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).