Shares of Cabot Oil & Gas Corp. COG, -1.53% slid 1.53% to $16.12 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.09% rising 1.09% to 4,180.17 and the Dow Jones Industrial Average DJIA, +0.67% rising 0.67% to 34,043.49. This was the stock's second consecutive day of losses. Cabot Oil & Gas Corp. closed $6.55 short of its 52-week high ($22.67), which the company achieved on June 9th.
The stock underperformed when compared to some of its competitors Friday, as EOG Resources Inc. EOG, +1.04% rose 1.04% to $69.06. Trading volume (7.3 M) eclipsed its 50-day average volume of 5.8 M.
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