Cabot Oil & Gas, Cimarex Energy to merge to create $17B producer

Cabot Oil & Gas, Cimarex Energy to merge to create $17B producer

Oil and gas producers Cabot Oil & Gas Corp and Cimarex Energy Co said on Monday they would combine to form a company with an enterprise value of about $17 billion, the latest in a sector rebounding from one of its worst downturns. The deal would combine Cabot’s about 173,000 net acres in Pennsylvania’s Marcellus […]