Cabot Oil Reaffirms Q3 Production Outlook

Reuters Africa reported that the Cabot Oil and Gas (NYSE:COG) reaffirmed the third-quarter production outlook.

The market news is quoted as saying:

Cabot’s third-quarter production outlook is 521-567 million cubic feet equivalent per day (Mmcfe/d).

“However, should further delays occur and assuming Cabot moves no volumes on either of these projects in the fourth quarter, we can still attain the low-end of our published fourth quarter production guidance,” CEO Dan Dinges said in a statement.

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