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Cabot income up on production

Houston-based natural gas producer Cabot Oil & Gas saw its net profit rise 41.8% to $18.3 million for the March quarter as the company’s production base continued to grow.

Cabot: Total company production was 58% higher in the March 2012 quarter as it was one year prior. Pictured is the Cabot Oil & Gas site in the Marcellus shale play, Pennsylvania
Cabot: Total company production was 58% higher in the March 2012 quarter as it was one year prior. Pictured is the Cabot Oil & Gas site in the Marcellus shale play, Pennsylvania
Published 26 April 2012, 04:58Updated 11 October 2016, 07:49
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