Press release
Investigation announced for Investors in shares of Cabot Oil & Gas Corporation (NYSE: COG)
An investigation for investors in Cabot Oil & Gas Corporation (NYSE: COG) shares over potential securities laws violations.
Investors who purchased shares of Cabot Oil & Gas Corporation (NYSE: COG), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Cabot Oil & Gas regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Houston, TX based Cabot Oil & Gas Corporation, an independent oil and gas company, explores for, exploits, develops, produces, and markets oil and gas properties in the United States. Cabot Oil & Gas Corporation reported that its annual Total Revenue declined from over $2.18 billion in 2018 to over $2.06 billion in 2019, and that its Net Income increased from $557.04 million to $681.07 million in 2019.
Shares of Cabot Oil & Gas Corporation (NYSE: COG) grew from $13.50 per share in late February 2020 to as high as $22.38 per share on June 68, 2020.
On June 15, 2020, following a grand jury investigation, the Pennsylvania attorney general’s office charged Cabot Oil with 15 criminal counts arising from its failure to fix faulty gas wells, thereby polluting Pennsylvania’s water supplies through stray gas migration.
Shares of Cabot Oil & Gas Corporation (NYSE: COG) declined on June 24, 2020 to as low as $17.85 per share.
Those who purchased shares of Cabot Oil & Gas Corporation (NYSE: COG) have certain options and should contact the Shareholders Foundation.
Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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