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 open higher Friday and is now up 4.88 at $58.74. The stock has risen above a 2-week range and has set a new high for the year.
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