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HOUSTON (AP) _ Cabot Oil & Gas Corp. (COG) on Friday reported a loss of $62.9 million in its second quarter.
The Houston-based company said it had a loss of 14 cents per share. Losses, adjusted for one-time gains and costs, were 7 cents per share.
The results surpassed Wall Street expectations. The average estimate of 14 analysts surveyed by Zacks Investment Research was for a loss of 8 cents per share.
The independent oil and gas company posted revenue of $246.8 million in the period, which fell short of Street forecasts. Ten analysts surveyed by Zacks expected $278 million.
Cabot shares have climbed 35 percent since the beginning of the year, while the Standard & Poor's 500 index has climbed 6 percent. The stock has fallen 11 percent in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COG at http://www.zacks.com/ap/COG
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Keywords: Cabot Oil, Earnings Report
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Cabot Oil & Gas Corporation
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CODE : COG |
ISIN : US1270971039 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Cabot Oil & Gas est une société d’exploration minière de pétrole basée aux Etats-Unis D'Amerique. Cabot Oil & Gas est cotée aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 10,2 milliards US$ (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. |