Cabot Oil & Gas (COG) Misses Q2 EPS by 5c

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Cabot Oil & Gas Corporation Announces Second Quarter 2016 Financial and Operating Results

July 29, 2016 6:30 AM EDT

HOUSTON, July 29, 2016 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today reported financial and operating results for the second quarter of 2016.

"Cabot's 2016 operating plan was designed to provide modest production growth while generating positive free cash flow despite a lower commodity price environment," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "Our second quarter results delivered on this plan as the Company grew equivalent production 10 percent relative to the second quarter of last year while generating operating cash flow that exceeded our capital expenditures, pipeline... More