It’s Plan B for Cabot Oil & Gas, which had indicated late last year that its 2020 trajectory would go one of two ways. It chose the maintenance capital route that will require less capital spending at $575 million to produce an average 2.4 Bcf/d rather than the one focused on growth capital. As a result, its plan will generate an estimated $275- 300 million in free cash flow assuming $2.25/Mcf NYMEX. The company......
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