Note: EPS may be comparable

Cabot Oil & Gas (NYSE: COG) reported Q4 EPS of $0.13, $0.02 better than the analyst estimate of $0.11. Revenue for the quarter came in at $400.5 million versus the consensus estimate of $429.75 million.

Full-Year 2017 Highlights

• Net income of $100.4 million (or $0.22 per share); adjusted net income (non-GAAP) of $244.5 million (or $0.53 per share)
• Net cash provided by operating activities of $898.2 million; discretionary cash flow (non-GAAP) of $976.1 million
• Free cash flow (non-GAAP) of $154.5 million, marking the second consecutive year of positive free cash flow
• Daily equivalent production growth of 10 percent year-over-year
• Proved reserves growth of 13 percent year-over-year
• Total company all-sources finding and development costs of $0.35 per thousand cubic feet equivalent (Mcfe) and Marcellus-only all-sources finding and development costs of $0.22 per thousand cubic feet (Mcf)
• Returned $202.6 million of cash to shareholders through dividends and share repurchases
• Improved operating expenses per unit by seven percent year-over-year
• Capital expenditures (including investment in equity method investments) of $821.6 million, three percent below the full-year guidance
• Improved return on capital employed (ROCE) (non-GAAP) by over 800 basis points
• Announced the divestiture of three non-core assets for total proceeds of $836.3 million (subject to customary closing conditions and purchase price adjustments)

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