Cabot Oil & Gas Company Review & Valuation
About Cabot Oil & Gas Corporation
Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets natural gas, oil, and natural gas liquids in the United States.
It primarily focuses on the Marcellus Shale with approximately 172,000 net acres in the dry gas window of the play located in Susquehanna County, Pennsylvania; and the Eagle Ford Shale with approximately 79,000 net acres in the oil window of the play located in Atascosa, Frio, and La Salle Counties, Texas.
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, 2017, it had proved reserves of approximately 9,726 billion cubic feet of natural gas equivalent.
The company was founded in 1989 and is headquartered in Houston, Texas.