Cabot Oil & Gas (COG -1.6%) CEO Dan Dinges' response to "continued misinformation around our...

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

Cabot Oil & Gas (COG -1.6%) CEO Dan Dinges' response to "continued misinformation around our pricing" hasn't stopped the bleeding in shares of the natural gas producer a day after sustaining an 11% drop. Commodity prices are “not where we want them,” Dinges says, but they "still afford our Marcellus project a significant rate of return around 55%-60% before hedges."