Cabot Oil & Gas (NYSE: COG) reported Q3 EPS of $0.25, $0.03 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $545.17 million versus the consensus estimate of $480.09 million.

• Daily equivalent production of 2,029 million cubic feet equivalent (Mmcfe) per day
• Net income of $122.3 million (or $0.28 per share); adjusted net income (non-GAAP) of $108.9 million (or $0.25 per share)
• Net cash provided by operating activities of $242.2 million; discretionary cash flow (non-GAAP) of $298.8 million
• Free cash flow (non-GAAP) of $28.6 million
• Return on capital employed (ROCE) (non-GAAP) of 10.8 percent for the trailing twelve months
• Returned $188.5 million of capital to shareholders through dividends and share repurchases
• Announced a 17 percent dividend increase, the Company\'s third dividend increase in the last 18 months
• Reduced debt by $237.0 million, resulting in annualized interest expense savings of $15.3 million
• Improved operating expenses per unit by 18 percent relative to the prior-year comparable quarter

"We returned to free cash flow generation during the third-quarter while delivering significant year-over-year growth in all financial metrics," stated Dan O. Dinges, Chairman, President and Chief Executive Officer. "We continue to execute on our strategy of delivering returns-focused growth in per share metrics, returning capital to shareholders, and improving our return on capital employed."

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