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Cabot O&G 2015: $114M Loss, Drilled 142 Wells, Production Up 13% | Marcellus Drilling News
We consider Cabot Oil & Gas one of the bellwether Marcellus drillers that provides a good measuring stick for where the industry is heading. Last Friday Cabot released their fourth quarter and full year 2015 financial results. What did it show? In 2014 Cabot made $104 million after expenses. In 2015, the company lost $114