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 negative reaction is short-sighted, says RW Baird Baird said the negative reaction to Cabot oil & Gas shares following Q4 earnings is short-sighted calling it one of the highest quality E&P names. The firm sees support from company buybacks, and increase in reserves, and continued increase in long-term value creation. Shares are Outperform rated and price target raised to $52 from $48.