Cabot Oil & Gas Corp. (COG) Wedneday reported first-quarter net income of $18 million or $0.09 per share, up from $13 million or $0.06 per share last year, helped mainly by improved production.
Excluding items, adjusted earnings were $28.5 million or $0.14 per share, compared to $20.7 million or $0.10 per share a year ago.
Analysts polled by Thomson Reuters expected earnings of $0.14 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter rose to $272 million from $209 million a year ago. Analysts expected revenue of 273.94 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.