Cabot Oil & Gas Corporation up 8% as Natural Gas Rallies 15% Higher

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Cabot Oil & Gas Corporation (NYSE: COG) is trading higher on the session, as the natural gas futures rally higher. Addtionally, Canaccord Genuity reiterated its Buy rating and $65 price target on the company today. Dow Jones cited a Morning Star analyst, Mark Hanson, who noted that "With more than 90% of its production being 'dry gas,' COG is one of the companies that benefits or hurts the most with the changes in natural-gas prices."Cabot Oil & Gas Corporation is currently trading at $34.95, a gain of $2.69 or 8.34%.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!