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johnsyn

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johnsyn

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Friday, 02/22/2013 10:17:46 AM

Friday, February 22, 2013 10:17:46 AM

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10:08 AM Cabot Oil & Gas (COG +8%) rockets to the top of the S&P 500 leader board after posting strong Q4 beats in earnings and revenues. Year-end 2012 proved reserves rose 27% Y/Y to 3.8T cfe, the third consecutive year of reserve growth exceeding 20%. COG says it had 15 of the top 20 producing Marcellus wells in Pennsylvania during 2012. $1B capex plan for 2013 remains unchanged.

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