Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Cabot Oil & Gas Profit Rises, Meets Street - Quick Facts

RELATED NEWS
Trade COG now with 

Cabot Oil & Gas Corp. (COG: Quote) 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.

Click here to receive FREE breaking news email alerts for Cabot Oil & Gas Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Pro-democracy demonstrations in Hong Kong demanding greater electoral reform entered the sixth day on Wednesday, which also marks China's 65th National Day. Thousands of protesters continue to occupy parts of downtown Hong Kong vowing not to leave until they achieve their goals. They want China... Employment in the U.S. private sector increased by more than expected in the month of September, according to a report released by payroll processor ADP on Wednesday, with employment rising by more than 200,000 jobs for the sixth straight month. After ending each of the two previous sessions modestly lower, stocks may see some further downside in early trading on Wednesday. The major index futures are currently pointing to a moderately lower open for the markets, with the Dow futures down by 34 points.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.