OT: Cabot Oil Sets New Production Record in the Marcellus
The result of this phenomenon is that COG stock is up nearly 30% this year, more than nearly any other O&G company - maybe any other. This is after a 100+% increase last year, for a two-year gain of nearly 160%.
Compared to Linn which has had no share price gain (because it is "bond-like", I suppose).
Very nice but NOT relevant to what was compared...
......and to what you tried to twist it into (all of their production).....now it is that they went up in price.....we already know that and I like their chart on finviz even though you said that is only past history of prices, but thanks for changing the subject.
...so the next time we can point to this thread as another good example....
If you re-read the thread.... the comparison was ONLY between the group of COG wells that added up to a little bit more than the ONE Linn Granite wash record well that I pointed out as the reason that I was unimpressed.
That does not mean that you cannot be impressed.
It is great that they are producing lots of gas......maybe someday they too might hit a record Granite wash well the size of Linn's.
Do you know of ANY wells in the Marcellus that was the size of Linn's Granite Wash record well?