MarketLine Company Profile: Cabot Oil & Gas Corp.

CABOT Oil & Gas Corp.; PETROLEUM industry

Cabot Oil & Gas Corporation (Cabot) is an oil and gas company, engaged in the development, exploitation, exploration, production and sale of natural gas, crude oil, and natural gas liquids. The company also transports stores, gathers and purchases natural gas for resale. Cabot operates in the US, where it is headquartered in Houston, Texas, and employs around 684 people. The company recorded revenues of $1,746.3 million in the fiscal year ended December 2013, an increase of 45% over 2012. The company's operating profit was $550.5 million in fiscal 2013, an increase of 79.8% over 2012. Its net profit was $279.8 million in fiscal 2013, as compared to the net profit of $131.7 million in 2012. [ABSTRACT FROM AUTHOR]

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