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Cabot, Cimarex Surprise Merger Bucks Pure-play Consolidation Trend

2021-05-24 23:00:00| OGI

Despite being named as potential targets for larger rivals, the merger between Cabot Oil & Gas and Cimarex Energy shows a desire to remain independent while reaching a size that is relevant for energy investors, says Enverus analyst Andrew Dittmar.

Tags: trend surprise consolidation merger

 

US Shale Producers Cabot Oil & Gas, Cimarex Energy to Combine

2021-05-24 13:05:00| OGI

The combination of Cabot Oil & Gas and Cimarex Energy, which will operate under a new name, is estimated to have an enterprise value of approximately $17 billion.

Tags: energy gas oil combine

 
 

Shale Producer Cabot Cuts Production Outlook on Weak Gas Prices

2020-10-08 01:44:22| OGI

"We remain optimistic about the improving natural gas supply and demand outlook heading into 2021," Cabot Oil & Gas CEO Dan Dinges says.

Tags: prices production gas weak

 

Cabot To Drill Fewer Wells As Shale Gas Glut Remains

2020-02-04 20:30:00| OGI

Cabot Oil & Gas will evaluate further reductions in spending if gas prices continue to erode, CEO Dan Dinges said in a statement.

Tags: gas remains fewer wells

 

Cabot Starts-up JV Fumed Silica Manufacturing Facility in Wuhai, China

2019-10-01 03:48:00| Coatings World Breaking News

Joint venture with Inner Mongolia Hengyecheng Silicone.

Tags: china manufacturing facility silica

 

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