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The company was formed as Cabot Oil & Gas Corporation, a subsidiary of Cabot Corporation. It became a public company via an initial public offering in February 1990. In March 1991, the company became 100% publicly owned.In 1994, the company acquired Washington Energy Resources in a $180 million stock transaction.In May 1995, the company ousted John Lollar, its chairman and CEO, in part due to the ill-timing of the acquisition of Washington Energy Resources.In 1997, the company sold oil reserves and land in northwest Pennsylvania for $92.5 million.In 2001, the company acquired Cody Energy for $230 million.In June 2008, the company was added to the S&P 500.In 2013, the company sold its assets in the Marmaton play of Oklahoma and West Texas for $160 million.In March 2018, the company sold its assets in the Eagle Ford Group to KKR and Venado Oil & Gas.In October 2021, the company acquired Cimarex Energy and was renamed Coterra Energy.