Hot Railroad Stocks To Own For 2016

Hot Railroad Stocks To Own For 2016: Cabot Oil & Gas Corporation(COG)

Cabot Oil & Gas Corporation operates as an independent oil and gas company in the United States. The company engages in the development, exploitation, exploration, production, and marketing of natural gas, crude oil, and natural gas liquids. It holds reserves in north region comprising Appalachian and Rocky Mountains areas; and south region consisting of Anadarko basin with Texas and Louisiana areas. The company also transports, stores, gathers, and purchases natural gas for resale. As of December 31, 2010, it had proved reserves of approximately 2,761 billion cubic feet of natural gas equivalents. The company was founded in 1989 and is headquartered in Houston, Texas.

Advisors' Opinion:

• [By Lee Jackson]

  Cabot Oil & Gas Corp. (NYSE: COG) is the top natural gas name to buy at Merrill Lynch. Even in a challenging gas environment, the analysts believe Cabot has the potential to deliver strong returns and an impressive growth trajectory. Should U.S. natural gas prices prove to be even better than the strip pricing over the next several years, the company stands to benefit as one of the most levered names in the sector. Investors are paid a miniscule 0.2% dividend. The Merrill Lynch price target is $47, and the consensus is at $44.70. Cabot closed Friday at $39.55. Hitting the target would be a 19% gain for investors.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-railroad-stocks-to-own-for-2016.html