- Cabot is likely to have slightly negative cash flow in 2020 after its dividend, but could generate over $600 million in positive cash flow in 2021.
- Long-term natural gas prices are likely to remain in-between 2020 and 2021 prices, resulting in a projection that Cabot could average a bit over $300 million in positive cash flow.
- There appears to be room for an increased quarterly dividend of $0.15 per share.
- This would still allow Cabot to pay its debt maturities with cash on hand as they become due.
For further details see:
Cabot Oil & Gas: Potential For A Dividend Increase