considers factors including high risk events, revenue and expense recognition methods, SEC actions, and bankruptcy risk as indicators of a company’s credibility.
The companies that make this list garnered the 100 highest scores for trustworthy behavior over the four quarters of the previous fiscal year [84 in Cabot's case]…
“The focus has always been on people who cheat, lie, and steal,” says Kaplan, “so we thought it could be good to focus some light on those companies that are transparent and consistent.”
Kaplan says that companies that make this list are reporting accurately on their outcomes, good or bad. While there’s no guarantee that an honest company is a thriving one, in most cases the companies here are financially sound, with strong stock performance.
“There’s far less uncertainty associated with [these companies.] For better or for worse based on performance, they’re informing their shareholders,” says Kaplan. “There’s a lot of things that factor into your decision making as a shareholder, but one is what is the company doing.”
The AGR/Forbes listing, in a nutshell, tells us Cabot Oil & Gas has a record of giving the world accurate information about its financial status and it’s a pretty picture, indeed, as we have noted here before. Trustworthy is as trustworthy does and Cabot has been doing it.
Cabot Oil & Gas Injunction Against Serial Trespasser Sustained
Now, compare this record to that of the fractivist some uniformed gullible reporters want to hold up as a model, as a free-speech martyr, because Cabot Oil & Gas merely insists she not trespass on its property or interfere with its operations.
The judge in the trespass case just issued a decision (read excellent Montrose Independent coverage), following a hearing on Monday, to extend his preliminary injunction against Vera Scroggins’ trespassing on Cabot Oil & Gas sites, noting “The wrongful conduct of unpermitted entry by Defendant Scroggins is manifest – well documented.” He determined her trespasses “only add to the danger upon the work site which have a distinct probability in causing injury and or death to workers and others upon the well sites, including trespassers.” It appears the judge didn’t buy the argument that free speech demands you get the right to crawl all over someone’s else property putting yourself and others in harm’s way.
So, on one side we have a judge who says Cabot is correct and an AGR/Forbes ranking saying Cabot Oil & Gas is one of the most trustworthy companies in America.
On the other side we have a bully fractivist who practices debate by obscenities, knowingly blocks fire exits, puts out deceptive videos, issues false reports, appears in a Roman orgy film, promotes unsavory practices involving children, blocks roadsand trespasses over everyone’s property to grab attention.
Advertising Call 210.853.0213 www.TexasOilGasMagazinecom
27