| Business Summary | | Cabot
Oil
&
Gas
is
an
independent
oil
and
gas
company
engaged
in
the
exploration,
development,
acquisition
and
exploitation
of
oil
and
gas
properties
located
in
four
principal
areas
of
the
United
States:
the
onshore
Texas
and
Louisiana
Gulf
Coast,
the
Rocky
Mountains,
Appalachia
and
the
Mid-Continent
or
Anadarko
Basin.
As
of
December
31,
2000,
the
Company's
proved
reserves
totaled
just
over
1.0
Tcfe,
94%
of
which
was
natural
gas.
The
Company
operates
approximately
83%
of
the
wells
in
which
it
holds
an
interest.
Daily
production
averaged
180.5
Mmcfe
per
day
during
the
first
nine
months
of
the
year
before
increasing
to
approximately
185
Mmcfe
per
day
in
October
and
November.
December
was
the
first
month
in
which
the
Company
reached
full
production
rates
from
its
recent
exploratory
wells
in
south
Louisiana,
which
brought
the
average
for
that
month
to
approximately
197
Mmcfe
per
day. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cabot
Oil
and
Gas
is
engaged
in
the
exploration,
development,
acquisition
and
exploitation
of
oil
and
gas
properties
in
the
Rocky
Mountains,
Appalachia,
the
onshore
Texas
and
Louisiana
Gulf
Coast
and
the
Anadarko
Basin.
For
the
six
months
ended
6/30/01,
revenues
rose
57%
to
$262.5
million.
Net
income
applicable
to
Common
totalled
$52.7
million,
up
from
$6
million.
Results
reflect
increased
oil
and
natural
gas
prices,
and
the
absence
of
$9.1
million
impairment
charges. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ray Seegmiller, 65 Chairman,
Pres and CEO | $1.3M | $99K | Scott Schroeder, 38 CFO,
VP, Treasurer | -- | -- | Michael Walen, 52 Sr.
VP | 382K | 150K | Henry Smyth, 54 VP,
Controller | -- | -- | Lisa Machesney, 45 VP,
Managing Counsel and Corp. Sec. | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|