Cabot Oil and Gas Corp

Cabot is based in Houston. As of June 30, the company had 23.2 billion cubic feet equivalent in natural gas and oil production in the Gulf Coast, West, East and Canada.

Canadian operations are based in Calgary; Western, Denver; Gulf Coast, Houston; East, Charleston, W.Va.

The company was founded in 1989. Company executives and pay: Dan Dinges, chairman and chief executive officer, $1.19 million; Scott Schroeder, chief financial officer and vice president, $595,000; Michael Walen, chief operating officer and senior vice president, $760,000.


Cabot total assest as of June 30 in thousands was $2,718,432
Cabot net income as of June 30 in thousands was $54,625
Cabot net earning per share - basic as of June 30 was 55 cents



On the stock market, Cabot around 12:30 p.m. today traded between 27.30 and 29.30. The company's 52-week high is 72.92 and low, 24.07. That's a 66.991 percent difference between high and low. Year to date, Cabot's stock is down 30.25 percent.


Cabot has a market cap of $2.84 billion.

On Oct. 2, Cabot provided a presentation during a "Merrill Lynch Global Energy and Small Cap Conference."

The company reported that by year's end it will have 137,000 plus acres in the Marcellus Shale and 135,000 plus acres in the Haynesville Shale. The Haynesville Shale is located in parts of Texas, Louisiania and Arkansas. The Shales are described by Cabot as its core areas.



Update on Eastern Region (includes Marcellus Shale, Huron Shale and Tight Sands):
* 778 billion cubic feet equivalent, 48 percent of company
* 99 percent natural gas
* 32-year reserve life
* 3,178 gross wells
* 3,000 miles of pipeline
* Resource potential --- 4.5 to 6 trillion cubic feet equivalent for Marcellus resource

Update on Marcellus Shale:
* 4 rigs in operation
* 14 wells drilled
* 6 wells producing
* In 2009, expect to have 60-80 wells. Now 30


Total company resource: 10.5 to 16 trillion cubic feet equivalent


Linke to presentation: http://www.cabotog.com/pdf/Merrill_Lynch_08.pdf

Note: Information will be provided on other natural gas companies