Cabot Oil & Gas Keeps Production Going in Marcellus, Eagle Ford Amid Weak Prices, Sets 2015 Capex at $900 Million
SUGAR LAND--April 27, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Cabot Oil & Gas Corporation (NYSE:COG) (Houston, Texas), a leading producer of natural gas, saw its profits tumble in the first quarter of 2015 as the effects of low oil and gas prices offset the company's solid production gains, including significantly higher volumes in the Marcellus and Eagle Ford shales. Industrial Info is tracking more than $400 million in active projects involving Cabot.
Within this article: Details on Cabot's quarter and projects, including a major leasing program in Pennsylvania.
