Tagged Cabot

Cabot slashes 2016 capital budget by 58%

Cabot Oil & Gas Corp., Houston, has set its 2016 capital budget at $325 million, down 47% from its preliminary budget reported in October and 58% from its 2015 capital program. Read Full Article Here For more great articles: Oil & Gas Journal – General Interest

Cabot Oil & Gas Reducing Rigs in the Eagle Ford

Article Abstract: Cabot Oil & Gas’ third quarter results failed to meet expectations, including a slowdown in its Eagle Ford operations. Related: Cabot Plans to Reduce Eagle Ford Wells to One Cabot Oil & Gas released its 2015 third quarter earnings last week, reporting revenue of $305.30M, way below the anticipated $354.36M. The company also reported production…