Cabot Oil & Gas (COG +8%) rockets to the top of the S&P 500 leader board after posting...

|About: Cabot Oil & Gas Corporation (COG)|By:, SA News Editor

Cabot Oil & Gas (COG +8%) rockets to the top of the S&P 500 leader board after posting strong Q4 beats in earnings and revenues. Year-end 2012 proved reserves rose 27% Y/Y to 3.8T cfe, the third consecutive year of reserve growth exceeding 20%. COG says it had 15 of the top 20 producing Marcellus wells in Pennsylvania during 2012. $1B capex plan for 2013 remains unchanged.