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Cabot Oil & Gas To Sell Noncore Pipeline Interests For $256 Million

2019-09-30 15:17:20| OGI

Cabot Oil & Gas Corp. has reached an agreement on Sept. 30 to sell its 20% ownership interest in Meade Pipeline Co. LLC to a subsidiary of NextEra Energy Partners LP for $256 million, or over 13 times expected 2019 EBITDAX (non-GAAP).

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