| Cabot reports 4Q loss | |
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HOUSTON (AP) _ Cabot Oil & Gas Corp. (COG) on Friday reported a loss of $44.4 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of 10 cents. Earnings, adjusted for one-time gains and costs, came to 13 cents per share. The results exceeded Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 12 cents per share. The independent oil and gas company posted revenue of $400.5 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $426.4 million. For the year, the company reported net income of $100.4 million, or 22 cents per share, swinging to a profit in the period. Revenue was reported as $1.76 billion. Cabot shares have declined 17 percent since the beginning of the year, while the Standard & Poor's 500 index has risen 1 percent. The stock has climbed roughly 6 percent in the last 12 months. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COG at https://www.zacks.com/ap/COG |
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Cabot Oil & Gas Corporation
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CODE : COG |
ISIN : US1270971039 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Cabot Oil & Gas is a oil exploration company based in United states of america. Cabot Oil & Gas is listed in Germany and in United States of America. Its market capitalisation is US$ 10.2 billions as of today (€ 9.0 billions). Its stock quote reached its lowest recent point on March 26, 2004 at US$ 10.00, and its highest recent level on January 14, 2022 at US$ 22.20. Cabot Oil & Gas has 460 786 236 shares outstanding. |