Cabot Oil & Gas Corporation’s (NYSE:COG) Marcellus dry gas assets in Susquehanna County, Pennsylvania are the greed of the industry. Cabot escorts its peers with several of the highest EURs per well confirmed in North America’s onshore resource plays. Low well expenses translate into outstanding drilling economics those competitor sweet spots of top oil plays even at comparatively low gas prices. The firm’s acreage block is large, contiguous as well as in most part located within the play’s sweet spot. Cabot Oil & Gas Corporation’s (NYSE:COG) reported the gain of +0.984% and closed at $78.53 with the total traded volume of 1.16 million shares. Its price to sales ratio ended at 10.06 and its price to cash per share was $587.42. Its market capitalization is $33.62 billion.
Exxon Mobil Corporation (NYSE:XOM) recently declared that it reached on a joint venture with Rosneft reached to explore the outlook of tight oil formation in Western Siberia. Rosneft will hold about 51 percent with Exxon Mobil holding the remaining 49 percent in the joint venture. The joint venture amid the two firms will begin a pilot program to extend the Bazhenov and the Achimov formation from now to 2015. Exxon Mobil Corporation (NYSE:XOM)’s reported the increase of +0.73% to close at $99.22 with the overall traded volume of 4.16 million shares. Its market capitalization was $433.49 billion. Its debt to equity ratio was 0.13. Its beta value stands at 0.68 times and return on equity was 20.50%.
National-Oilwell Varco, Inc. (NYSE:NOV) is a leading provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The firm makes revenue through three operating segments; these three segments generated respectively 48.13, 33.17, and 18.7 percent of the revenues in 2012. National-Oilwell Varco, Inc. (NYSE:NOV) edged up +0.98% to close at $78.53 with the total traded volume of 1.16 million shares with the average volume of 2.78 million. Its shares were trading within the range of $77.77- $78.63 while its opening price was $77.92.
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