Cabot 1Q21 Financials Stellar; CEO “Hacked Off” re Stock Price

Cabot Oil & Gas is and has been (for years) one of the premier drillers in the Marcellus Shale. Cabot concentrates their drilling in one location in northeastern Pennsylvania: Susquehanna County. Cabot has lower costs to drill than almost any other driller. They also turn a profit year after year, unlike many other drillers. During 1Q21 Cabot made $126 million in net income, versus $54 million in 1Q20. Yet the company's stock price continues to languish, something that has CEO Dan Dinges "hacked off."

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