Tuesday, September 4, 2012

Investopedia: Cabot Oil And Gas Looks Like A Reasonable "Buy And Wait" Story

Everybody knows the deal these days on natural gas. E&P companies like Cabot Oil & Gas (NYSE:COG) have been incredibly successful at finding and exploiting new sources of natural gas, but the U.S. energy infrastructure has not shifted as radically. Consequently, inventories are high and prices are low, which has kept a lid on many of the stocks. Although Cabot's near-term valuation wouldn't suggest that it's a compelling buy, I think a longer-term perspective suggests a different answer.

Please click the link to continue:
http://www.investopedia.com/stock-analysis/2012/Cabot-Oil-And-Gas-Looks-Like-A-Reasonable-Buy-And-Wait-Story-COG-UPL-SWN-RRC0904.aspx

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