Monday, February 3, 2025

Cabot Oil & Gas Raises Equity

Cabot Oil & Gas (ticker: COG; CabotOG.com) announced on February 22, 2016, the company is commencing a public offering of 44,000,000 shares of its common stock at a price of $20.00 per share. An additional 6,600,000 shares will be available to the underwriters. The Company expects to use the net proceeds from the offering for general corporate purposes, including repaying indebtedness

PDC Energy Continues Growth with Strong Balance Sheet

PDC: increased production, reserves and cash from operations PDC Energy (ticker: PDCE, PDCE.com) released its year-end 2015 and fourth quarter operating and financial results, showing increased reserves, production and cash from operations for the year. According to the company’s press release, production from continuing operations increased 65% to 15.2 million barrels of oil equivalent, or 42,100 barrels of oil equivalent