Cabot Oil & Gas Declares Dividend

                      Cabot Oil & Gas Declares Dividend

PR Newswire

HOUSTON, May 2, 2013

HOUSTON, May 2, 2013 /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 May 24, 2013 to all shareholders of record as of the close of business
May 16, 2013.

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 www.cabotog.com.

FOR MORE INFORMATION CONTACT
Matt Kerin (281) 589-4642

SOURCE Cabot Oil & Gas Corporation

Website: http://www.cabotog.com