Cabot soars on shale bounty

US independent Cabot Oil & Gas reported major quarterly and annual gains in profits and output as the company reaped the rich benefits of US shale, in particular the Eagle Ford and Marcellus plays.

Cabot Oil & Gas: Continues boom on shale results
Cabot Oil & Gas: Continues boom on shale results
Published 20 February 2014, 22:47Updated 20 February 2014, 23:32