Cabot Oil & Gas Corp. (COG) Monday reported third quarter net income of $38.9 million or $0.38 per share, compared to $67.0 million or $0.65 per share in the prior year period. Excluding certain items, the recent quarter's net income was $42.6 million or $0.41 per share, compared to $60.1 million or $0.58 per share a year-ago.
On average, 20 analysts polled by Thomson Reuters expected the company to report earnings of $0.36 per share. Analysts' estimates typically exclude special items.
Operating revenues for the quarter were $207.2 million, compared to $244.8 million in the preceding year period. Eight Wall Street analysts expected revenues of $205.30 million.
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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.