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XEC - Cabot Oil & Gas: Perplexity About The New Company's Valuation
Cimarex Energy Co
Houston-based Cabot Oil & Gas released its second-quarter 2021 results on July 30, 2021.
Cabot Oil & Gas recorded quarterly revenues of $324.67 million for the second quarter of 2021, down 2.3% compared to the same quarter a year ago and down 29.4% sequentially.
One important news this quarter: Cabot merging with Cimarex. The deal is planned to close in the 4Q21.