Cabot Oil & Gas (COG) Tops Q1 EPS by 5c

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Cabot Oil & Gas Corporation Announces First Quarter 2015 Financial and Operating Results, Increases Borrowing Base and Amends Credit Facility

April 24, 2015 7:30 AM EDT

HOUSTON, April 24, 2015 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported its financial and operating results for the first quarter of 2015. Highlights for the quarter when compared to the first quarter of 2014 include:

Production of 171.4 billion cubic feet equivalent (Bcfe), an increase of 43 percent Liquids production (crude oil/condensate/natural gas liquids) of 1.6 million barrels (Mmbbls), an increase of 132 percent Total unit costs (including financing) of $2.33 per thousand cubic feet equivalent (Mcfe), a 12 percent improvement Total cash unit costs (including... More