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.

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