Cabot Oil & Gas Corporation COG NYSE

Cabot Oil & Gas Corporation is an independent oil and gas exploration and production company headquartered in Houston, Texas. The company primarily develops and operates natural gas properties in the Marcellus Shale formation, holding approximately 173,000 net acres in the dry gas window of Susquehanna County, Pennsylvania. Cabot produces and markets natural gas to industrial customers, local distribution companies, gas marketers, and power generation facilities through an integrated system of gathering infrastructure and pipelines. As of December 31, 2019, the company maintained proved reserves of approximately 12.9 trillion cubic feet of natural gas and 22 thousand barrels of oil and other liquid hydrocarbons. Founded in 1989, Cabot has established itself as a significant operator in the Appalachian natural gas market.