Cabot Oil & Gas Swings into Second-Quarter Loss on Natural Gas Prices, Maintains $900 Million Capex for 2015

SUGAR LAND--July 27, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Hit by falling prices, Marcellus and Eagle Ford natural gas producer Cabot Oil & Gas Corporation (NYSE:COG) (Houston, Texas) reported it swung to a $14 million net loss in second-quarter 2015, from a $118.4 million profit in the same quarter last year. However, Cabot executives say better times are ahead after the company weathers the current price trough and key pipeline projects are brought online. Industrial Info is tracking $400 million in projects involving Cabot.

Within this article: Details of Cabot's quarter and projects, including its shale gas lease drilling programs for 2015 and 2016 in Susquehanna County, Pennsylvania.

Additional companies: Williams Partners LP (NYSE:WPZ), Piedmont Natural Gas Company (NYSE:PNY), WGL Holdings Incorporated (NYSE:WGL)