Cabot Oil & Gas
Description
Cabot Oil & Gas Corporation is focused on developing low risk, repeatable drilling opportunities across North America. As of December 31, 2010 the Company had approximately 2,701 Bcfe of total proved reserves, including substantial shale holdings and conventional horizons. Cabot’s activity focuses on the Marcellus shale in northeast Pennsylvania and on multiple plays including the Haynesville and Eagle Ford shales in Texas.
Approximately 98% of Cabot’s reserves and 96% of Cabot’s production is natural gas.
Cabot, a mid-sized independent, trades on the New York Stock Exchange under the ticker “COG” and is a member of the S&P 500 Index.