Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States. It primarily focuses on the Marcellus Shale with approximately 175,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania. The company sells its natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through gathering systems and pipelines. As of December 31, 2020, it had proved reserves of approximately 13,672 billion cubic feet of gas; and 15 thousand barrels of oil or other liquid hydrocarbons. Cabot Oil & Gas Corporation was incorporated in 1989 and is headquartered in Houston, Texas.
IPO Year: 1990
Exchange: NYSE
Website: cabotog.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/30/2021 | $25.00 → $28.00 | Peer Perform → Outperform | Wolfe Research |
| 7/13/2021 | $21.00 → $22.00 | Neutral | Mizuho |