Cabot Oil & Gas (COG) reported third quarter EPS of $0.41 after the close Monday, down from the $0.58 posted last year. The consensus estimate was for EPS of $0.36.
Cabot Oil & Gas gapped open sharply higher Tuesday, but was range-bound throughout the session. Shares closed up by $3.74 at $42.05 on strong volume. The stock climbed above a 2-week range and set a new high for the year.
For comments and feedback: editorial@rttnews.com