Cabot Reports Strong 4Q Results; Well-Positioned for Growth in 2017 and Beyond
Cabot’s fourth-quarter results were generally positive, highlighted by strong growth in production and proved reserves, another quarter of free cash flow generation, and continued improvement in per-well recoveries in the Marcellus. Subsequent to year-end, the Atlantic Sunrise project--which will carry 850 million cubic feet per day of natural gas to more favorable price points--received FERC approval. As a result, this project should be fully in-service by mid-2018, which will allow Cabot to me...Cabot Oil & Gas is an independent oil and gas company engaged in the development, exploitation, exploration and production of oil and gas properties. The company operates in one segment, natural gas and oil development, exploitation, exploration and production, in the continental United States. The company's operations are primarily concentrated in one unconventional play—the Marcellus Shale in northeast Pennsylvania.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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