Cabot Oil & Gas (COG) Misses Q2 EPS by 11c

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Go back to Cabot Oil & Gas (COG) Misses Q2 EPS by 11c

Cabot Oil & Gas Corporation Announces Second Quarter 2015 Financial and Operating Results

July 24, 2015 7:30 AM EDT

HOUSTON, July 24, 2015 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) today reported its financial and operating results for the second quarter of 2015. "Despite our strategic decision to curtail Marcellus volumes in the second quarter due to the adverse price environment, Cabot still generated production growth and reduced unit costs year-over-year," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "Our top-tier Marcellus asset affords us the ability to reduce our gross production volumes by approximately 500 million cubic feet (Mmcf) per day and still report positive normalized results."

Second Quarter 2015... More