COG News and Press, Cabot Oil & Gas Corporation From 06/08/21

Hoptocopter/E+ via Getty Images Natural gas prices (NG1:COM) settled +1.9% to $3.128/MMBtu, the highest closing price in nearly four months, on forecasts for warmer weather over the next two weeks than previously expected, which should lift demand and keep storage levels at a bullish deficit ...

The announced deal was frustrating for me as a long-standing investor in Cabot O&G because the NewCo will become sensitive to oil prices. Last year Cabot O&G had a negative correlation with oil prices during the crisis in Spring. If the management were wiser they would hav...

Regional bank consolidation continues with three new bank deals announced last week. Extended Stay America catches a higher bid. Chamath Palihapitiya files for four new biotech-focused SPACs. For further details see: Merger Arbitrage Mondays: Extended Stay America Receiv...

SWN to pay $2.7 B (stock, cash, assumed debt) for big private Hayneville player Indigo. Indigo brings strong margins and in 2022 improves debt, TEV/EBITDA, and free cash metrics. Expect this deal to be one of the better received in the "gassy space" as it actually improves SWN and...

Ali Group ignites a potential bidding war for Welbilt (WBT). Cimarex Energy (XEC) and Cabot Oil & Gas Corporation (COG) combine in an $8.5 billion all-stock deal. United Rentals (UFN) completes the acquisition of General Finance Corporation (GFN) in 40 days. For further ...

Both Cabot Oil & Gas and Cimarex Energy announced plans to merge their respective entities on May 24th. This maneuver is slated to produce minimal synergies but that does not mean it doesn't make sense. It is a positive move for both firms, though it is clear that Cabot comes ...

I have been writing on Seeking Alpha about the technological disruption (i.e. fracking and Hz drilling) of the oil & gas industry for a few years now. That technology disruption has led to a new era of energy abundance in which the world has a huge and secure supply of oil and gas...

Cimarex Cabot deal does not have operational overlaps. The histories of the companies indicate they may not be the best merger partners. Not a cheap deal, but may help the overall industry dynamic. For further details see: Cimarex Cabot Merger: This Is Not The Deal You A...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Sentiment change?Building on the solid gains seen in the previous session, U.S. stock index futures are pointing higher, as a broad rally takes hold rangin...

Gainers: Contango Oil & Gas Company (MCF) +14%. Ranger Energy Services (RNGR) +10%. Barnwell Industries (BRN) +9%. Renewable Energy Group (REGI) +7%. Global Partners (GLP) +6%.Losers: NextDecade (NEXT) -7%. Cimarex Energy (XEC) -7%. Cabot Oil & Gas (COG) -7%. U.S. ...