Cabot Oil

Type: Public
On the web: http://www.cabotog.com/
Employees: 560
Employee growth: 38.6%

Like a cog on a gear in a well-oiled machine, Cabot Oil & Gas (ticker symbol: COG) has engaged in the oil industry very efficiently. Cabot explores for and produces natural gas and oil, and it sells gas to industrial customers, local utilities, and gas marketers. It has estimated proved reserves of 1.9 trillion cu. ft. of natural gas equivalent. Major areas of operation include Appalachia, the Anadarko Basin (Kansas, Oklahoma, and Texas), the Rocky Mountains (Wyoming), and the Texas and Louisiana Gulf Coast. The company also has reserves. In 2008 it was operating almost 4,700 net wells and had more than 183,630 net acres of undeveloped assets.

Key numbers for fiscal year ending December, 2008:
Sales: $945.8M
One year growth: 29.2%
Net income: $211.3M
Income growth: 26.2%

Officers:
Chairman, President, and CEO: Dan O. Dinges
SVP and COO: Michael B. Walen
VP and CFO: Scott C. Schroeder

Competitors:
Anadarko Petroleum
Chevron
Petroleum Development

Cabot Oil & Gas Corporation

Type	Public (NYSE: COG)
Founded	1989
Headquarters	Houston, Texas, USA
Key people	Dan O. Dinges, Chairman, CEO, & President, Chuck Laughlin
Industry	Independent Oil & Gas
Revenue	▲ US$946 Million (FY 2008)[1]
Operating income	▲ US$319 Million (FY 2008)[1]
Net income	▲ US$211 Million (FY 2008)[1]
Employees	404 (2007)
Website	http://www.cabotog.com

Cabot Oil & Gas Corporation (NYSE: COG) 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.

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

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)

External links

Company homepage

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