Cabot Oil & Gas reaches new production record Cabot Oil & Gas announced that for the first time in its history, the Company's Marcellus operations surpassed one Bcf of gross production per day. The achievement of this milestone resulted in Cabot's total Company net production simultaneously exceeding the one Bcfe per day level, also a new record high.
News For COG From The Last 14 Days
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Cabot Oil & Gas downgraded to Hold from Buy at Deutsche Bank Deutsche Bank downgraded Cabot Oil & Gas to Hold saying its Buy thesis hasn't played out. The firm lowered its price target for shares to $38 from $40.