viewCabot Energy PLC

Cabot Energy's Scott Aitken focused on 'cash control and production delivery'

Scott Aitken, chief executive of Cabot Energy Plc (LON:CAB), tells Proactive's Andrew Scott the company has a 'robust' asset base and there's been a lot of recent enthusiasm from investors.

''Performance last year in Canada was as expected however the first six months of this year the company wasn't able to deliver the performance that was expected and guided to the market''.

''It's made sense to review the reasons why that hadn't been achieved and look at the best way of improving the performance of the business - particularly around cost control and production delivery to really unlock the value of the shares for all shareholders''.

''We're making an operational and financial review across the business ... I've had the opportunity to visit all the teams ... we have very good people, very enthusiastic people keen to provide their best performance''

Quick facts: Cabot Energy PLC

Price: - -

Market: AIM
Market Cap: -

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Cabot Energy PLC named herein, including the promotion by the Company of Cabot Energy PLC in any Content on the Site, the Company receives from...


Investor Update: Circassia boosts first-half revenues by 40%

Headlines from the Proactive UK newsroom. Drug inhaler specialist Circassia (LON:CIR) increased revenues by 40% to £27.9mln in the half year to June and expects sales to rise to betwee £60-65mn over the full year. Sales recently started in China and are going well.  Eurasia Mining...

on 26/9/19

2 min read