Cabot Oil & Gas

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Cabot Oil & Gas Corporation
Type Public
Traded as NYSECOG
S&P 500 Component
Industry Oil and gas industry
Founded 1989 (1989)
Headquarters Houston, Texas, United States
Key people

Dan O. Dinges, Chairman, CEO, & President, Chuck Laughlin, Directors:

Rhys J. Best, David M. Carmichael, Dan O. Dinges, James R. Gibbs, Robert L. Keiser, Robert Kelley, P. Dexter Peacock, William P. Vitito, Jason A. Smith
Revenue increase US$946 Million (FY 2008)[1]
Operating income increase US$319 Million (FY 2008)[1]
Net income increase US$211 Million (FY 2008)[1]
Employees 404 (2007)
Website www.cabotog.com

Cabot Oil & Gas Corporation (NYSECOG) is an independent petroleum and natural gas exploration and production company based in Houston, Texas (United States).

Cabot Oil & Gas Corporation produced 2.8 million barrels (445,000 m³) of oil and 71 billion cubic feet (2 km³) of natural gas in 2003. The company has operations in three areas in the continental US, the Texas Louisiana Gulf coast region, the east coast (onshore) and the west in the Rocky mountain states. The CEO of Cabot Oil & Gas Corporation is Dan O. Dinges. The profit goes primarily to the major share holders with the rest being used for research and development and acquisition of new oil fields.[citation needed]

At the close of trading on June 20, 2008 the company was added to the S&P 500 stock index.[2]

The company has been cited for numerous violations in regard to spills of toxic hydro-fracking fluids in Northeast, PA.[citation needed]

[edit] References

  1. ^ a b c Cabot Oil and Gas' annual income statement via Wikinvest
  2. ^ http://www2.standardandpoors.com/spf/pdf/index/athulathmudalilalith.pdf Standard & Poors (PDF)

[edit] External links

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