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Cabot Oil & Gas: It's About Time

  • 3 Replies
  • 282 Views
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aktony

  • 1154
Cabot Oil & Gas: It's About Time
« on: October 08, 2018, 04:24:08 PM »
From SeekingAlpha

https://seekingalpha.com/article/4210535-cabot-oil-and-gas-time

Summary:

These days, investors apparently don't believe a new pipeline will go in-service until it actually goes in-service.

Luckily for Cabot, the Atlantic Sunrise pipeline was scheduled to come online this past weekend.

The pipeline is a major investment catalyst for the company because it means significantly higher production and higher margins.

Cabot is a strong buy and I reiterate my $30 end-of-year price target.

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macal

  • 9598
Re: Cabot Oil & Gas: It's About Time
« Reply #1 on: October 09, 2018, 07:08:44 AM »

  All the companies in NE PA should get a bump from the Atlantic Sunrise coming on line. It should help with the over supply issues that they have been dealing with.

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macal

  • 9598
Re: Cabot Oil & Gas: It's About Time
« Reply #2 on: October 10, 2018, 07:08:03 AM »

  I guess the Wall Street boys are having more fun day trading these stocks than really making any long term investments. Long Cabot. Not all my eggs but a few.

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macal

  • 9598
Re: Cabot Oil & Gas: It's About Time
« Reply #3 on: October 13, 2018, 08:04:06 AM »

  I don't get it. Wall Street gambling. I feel loke the pigeon.