Introduction
Whilst the poor financial performance and weak financial positions that plague the oil and gas industry are likely not news for many investors, there are still some companies that have managed to perform quite well. One such example is Cabot Oil & Gas (COG), and given the specific area of the oil and gas industry in which they operate, the Marcellus shale, it may be quite surprising to learn that their financial position is quite healthy and thus will help them secure their future.
Cash Flows & Debt
Thankfully, the graphs largely speak for