Cabot Oil & Gas Corp. (COG) reported fourth quarter adjusted net income of $0.27 per share after the bell Thursday, up from $0.20 per share a year ago. The consensus estimate was for EPS of $0.21.
Cabot Oil & Gas gapped up sharply Friday and climbed in early trade. Shares took out the session highs going into the close and finished up by 5.95 at $59.81, with volume at nearly a 4-month high. The stock surged to a new high for the year.
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Business News
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.