| Cabot reports 2Q loss | |
| | |
|
HOUSTON (AP) _ Cabot Oil & Gas Corp. (COG) on Friday reported a second-quarter loss of $27.5 million, after reporting a profit in the same period a year earlier.
The Houston-based company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 3 cents per share.
The results missed Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The independent oil and gas company posted revenue of $306.3 million in the period, which also missed Street forecasts. Eleven analysts surveyed by Zacks expected $369.5 million.
Cabot shares have dropped nearly 7 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 2 percent. The stock has declined 21 percent in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COG at http://www.zacks.com/ap/COG
_____
Keywords: Cabot Oil, Earnings Report
|
|
|
Cabot Oil & Gas Corporation
|
|
|
CODE : COG |
ISIN : US1270971039 |
|
| |
ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cabot Oil & Gas est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. Cabot Oil & Gas est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 10,2 milliards US$ (9,0 milliards €). La valeur de son action a atteint son plus bas niveau récent le 26 mars 2004 à 10,00 US$, et son plus haut niveau récent le 14 janvier 2022 à 22,20 US$. Cabot Oil & Gas possède 460 786 236 actions en circulation. |