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Cabot Makes $30M Profit in 2Q, Increasing Production +10% in 4Q

Cabot Makes $30M Profit in 2Q, Increasing Production +10% in 4Q
marcellusdrilling.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marcellusdrilling.com Daily Mail and Mail on Sunday newspapers.

Dan Dinges , Cabot Oil Gas , Williams Leidy South Expansion Project , டான் டிங்ஸ் , காபொட் எண்ணெய் வாயு ,

Cabot Oil & Gas and Cimarex Energy agree merger deal


Cabot Oil & Gas and Cimarex Energy agree merger deal
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US-based Cabot Oil & Gas has agreed to merge with Cimarex Energy to create a combined business valued at almost $17bn.
As per the terms of the all-stock ‘merger of equals’, Cimarex Energy shareholders will be entitled to 4.0146 shares of Cabot Oil & Gas stock for each share held.
Cabot Oil & Gas’ shareholders will hold a stake of around 49.5% in the combined company, while Cimarex Energy’s shareholders will have a holding of roughly 50.5%. ....

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