Cabot Oil & Gas (COG) Reports In-Line Q4 EPS

Cabot Oil & Gas (NYSE: COG) reported Q4 EPS of $0.01, in-line with the analyst estimate of $0.01.

Cash flow from operations in the fourth quarter of 2016 was $139.7 million, compared to $155.8 million in the fourth quarter of 2015. Discretionary cash flow in the fourth quarter of 2016 was $163.6 million, compared to $125.3 million in the fourth quarter of 2015. Net loss in the fourth quarter of 2016 was $292.8 million, or $0.63 per share, compared to a net loss of $111.1 million, or $0.27 per share, in the fourth quarter of 2015. Excluding the effect of the impairment and other selected items (detailed in the table below), net income was $5.1 million, or $0.01 per share, compared to net loss of $6.4 million, or $0.02 per share, for the fourth quarter of 2015. EBITDAX for the fourth quarter of 2016 was $187.4 million, compared to $164.2 million for the fourth quarter of 2015.

For earnings history and earnings-related data on Cabot Oil & Gas (COG) click here.

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