Cabot Oil and Gas – Oil & Gas 360

Proxy advisor ISS recommends Cimarex shareholders vote for Cabot merger

September 16, 2021

Nasdaq NEW YORK – Influential proxy advisory firm Institutional Shareholder Services (ISS) has cautiously recommended that shareholders of Cimarex Energy Co XEC.N vote for its proposed merger with Cabot Oil & Gas Corp COG.N, according to a statement seen by Reuters on Thursday. Fellow proxy advisor Glass Lewis also recommended earlier this week that both sets of shareholders back the tie-up, which will

Resurgent Canadian natgas producers look to horn in on U.S. market

February 16, 2021

Reuters CALGARY, Alberta – Canadian natural gas producers are bouncing back faster from the COVID-19 pandemic than battered U.S. shale firms, putting them in position to boost net gas exports to the United States for the first time in five years. The opportunity for Canadian firms to take a piece of the market back from U.S. rivals reverses one of

Cabot Oil & Gas Corporation provides operational update

October 7, 2020

Oil & Gas 360 HOUSTON, Oct. 7, 2020 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) (“Cabot” or the “Company”) today provided an operational update for the third quarter of 2020 and announced updated 2020 guidance. Third Quarter 2020 Operational Update “On September 18, 2020, Cabot commenced a strategic curtailment program in response to weakness in regional natural gas prices

Cabot Oil & Gas Corporation Reports Fourth Quarter and Full-Year 2019 Results

February 20, 2020

HOUSTON, Feb. 20, 2020 /PRNewswire/ — Cabot Oil & Gas Corporation (NYSE: COG) (“Cabot” or the “Company”) today reported financial and operating results for the fourth quarter and full-year 2019. “Our 2019 results highlight the strength of our company, which was demonstrated by the generation of record levels for net income, operating cash flow, free cash flow, production, proved reserves and operating expenses,”

Cabot cuts 2020 spending nearly 30% amid weak natural gas prices

February 4, 2020

Houston Chronicle Cabot Oil & Gas said Tuesday it will slash its 2020 spending by nearly 30 percent amid historically low natural gas prices. Cabot, Houston’s largest producer focused entirely on gas, said it will cut 2020 spending to $575 million from nearly $800 million last year as part of its so-called maintenance budget planning. Natural gas prices are at

Gas Majors Cabot, Range and Southwestern Weigh In on Hot Topics in Investor Calls

April 30, 2019

By Richard Rostad, analyst, Oil & Gas 360 Big shale gas producers announced earnings last week, with Cabot Oil & Gas (ticker: COG) Range Resources (ticker: RRC) and Southwestern Energy (ticker: SWN) each talking about their Q1 results. While these firms’ conference calls covered many company-specific topics, they also addressed many larger-scale aspects of the current oil and gas industry.

New York Faces a Bleak Economic Future without Gas, Says Cabot CEO Dan Dinges

February 25, 2019

Cabot Oil & Gas CEO says ConEd’s moratorium on new gas hook-ups beginning in March will create ‘significant calamity’ for New York By Richard Rostad, analyst, Oil & Gas 360 Cabot Oil & Gas’s (stock ticker: COG, $COG) conference call offered a chance for Chairman, President and CEO Dan Dinges to give his thoughts on the company’s position and the

Cabot Oil & Gas Announces Best Year in Nearly Three Decades

February 22, 2019

Cabot Oil & Gas Corporation Establishes Several New Full-Year Records, Returns $1.0 Billion to Shareholders, Repays $304 Million of Debt

Cabot Muses on Special Dividend from Mass of Cash

October 26, 2018

Cabot anticipates $675 million in free cash flow next year Cabot Oil & Gas (ticker: COG) reported third quarter results today, showing net earnings of $122.3 million, or $0.28 per share. The company produced 2,029 MMcfe/d in Q3, up 7% from Q2 and a record for Cabot. The company is producing free cash once again, as Cabot reports free cash

Cabot Updates Ops, Executes Agreements on Leidy South

October 9, 2018

Houston-based Cabot Oil & Gas (ticker: COG) provided an operational update for its third quarter yesterday, in light of the in-service date delay for the Atlantic Sunrise Project from August 2018 to October 6, 2018. Notable points in the operational update: Expected net production for 3Q 2018 of 2,029 Mmcfe/d. 7% sequential increase in daily net production relative to 2Q

Cabot Oil & Gas Expands Share Repurchase Program

July 30, 2018

Cabot Oil & Gas (NYSE: COG) announced Q2 results, showing net income of $42.4 million, or $0.09 per share. Highlights Daily equivalent production of 1,895 MMcfe/d Adjusted net income of $57.9 million Net cash provided by operating activities of $273.9 million Discretionary cash flow of $196.5 million Returned $239.6 million of capital to shareholders through dividends and share repurchases Improved

Cabot Oil and Gas Corporation Set to Present at The Oil and Gas Conference

July 2, 2018

Cabot Oil and Gas Corporation (NYSE: COG) Company Overview Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties exclusively in the continental United States. Cabot continues to narrow its natural gas development effort to the Marcellus Shale in northeast Pennsylvania. Summary Q1-2018 Revenue: $ 442

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