Cabot Oil & Gas Corp. (NYSE: COG) reported on Oct. 24 its financial and operating results for 3Q 013.
Highlights for the quarter include:
Third Quarter 2013 Financial Results
Production in 3Q 2013 was 107.1 Bcfe, consisting of 101.7 billion cubic feet (Bcf) of natural gas and 898,000 barrels of liquids. These figures represent increases of 61%, 62%, and 43%, respectively, compared to the third quarter of 2012.
"Despite recent concerns over pricing in the Marcellus and the potential impact on Cabot's production growth, the company grew equivalent production 13% ...