Analyst: Cimarex Will Use Cabot as Cash Cow to Grow Permian
An analyst writing on the Seeking Alpha investors website confirms our concerns over the potential merger between Marcellus driller Cabot Oil & Gas and Permian driller Cimarex Energy (see HUGE NEWS: Permian Driller Cimarex Buying Out Cabot Oil & Gas). From the beginning when the deal was first announced, we voiced concerns that Cabot's Marcellus program may become the second sister in a merged company. The SA analyst agrees...
To view this content, log into your member account. (Not a member? Join Today!)