Cabot Oil & Gas Declares Dividend

                      Cabot Oil & Gas Declares Dividend

PR Newswire

HOUSTON, Oct. 24, 2012

HOUSTON, Oct. 24, 2012 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG)
today announced that its Board of Directors declared a regular dividend of two
cents ($0.02) per share on the Company's common stock. The dividend will be
paid November 15, 2012 to all shareholders of record as of the close of
business November 8, 2012.

Cabot Oil & Gas Corporation, headquartered in Houston, Texas is a leading
independent natural gas producer with its entire resource base located in the
continental United States. For additional information, visit the Company's
Internet homepage at

Scott Schroeder (281) 589-4993

SOURCE Cabot Oil & Gas Corporation

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