News
25 May 2021

Cabot Oil & Gas, Cimarex to create $17bn firm in merger

In:
Oil & gas
Region:
Americas

Cabot Oil & Gas Corp and Cimarex Energy have agreed a merger to form a US-wide oil and gas firm with an enterprise value of some $17 billion, a deal analysts termed surprising in a sector recently focused on "pure-play" models.The deal brings together Cabot's gas-rich Marcellus...

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