Cabot Oil & Gas Falls On Lower Gas Prices - Is It A Buy?

This article was first published by Seeking Alpha on December 29, 2014.

By Sarfaraz A. Khan

Natural gas stocks crashed last week as the commodity's prices dropped to their lowest levels in two years. But this could be an opportunity for patient investors to buy Cabot Oil & Gas (NYSE:COG). 

Cabot Oil & Gas Focuses on Growth Amid Tough Business Conditions

This article was originally published by TheStreet on October 29, 2014

By Sarfaraz A. Khan. Research Asst: Daniel L. 

NEW YORK (TheStreet) -- Cabot Oil & Gas (COG) , the shale gas producer that operates in Pennsylvania's Marcellus and Texas's Eagle Ford regions, continues to target up to 30% increase in production next year despite a difficult business environment.

The Houston company released its third-quarter results last week that showed a 17.5% increase in revenue from a year earlier to $512 million on the back of a 24% increase in production, while profits excluding one-off items grew 14% to $85 million. However, the results didn't meet Wall Street's estimates, as per data compiled by Thomson Reuters.