Cabot Oil & Gas’s Key Strategies and Initiatives for 2018
Does Cabot Oil & Gas Have a Winning Strategy? From 2018 to 2020, Cabot Oil & Gas (COG) expects to see a compound annual growth rate of 17%–21% (20%–24% on a divestiture-adjusted basis) in its production volumes. Cabot Oil & Gas’s management is focused on improving the return on capital employed, which it expects to increase from 7.3% in 2017 to 18%–23% by 2020—based on the NYMEX natural gas price range of $2.75–$3.25.