Cabot Oil & Gas (COG) Raises Quarterly Dividend 28.6% to $0.09; 1.4% Yield
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Cabot Oil & Gas Corporation Announces First-Quarter 2019 Results, Increases Dividend by 29 Percent
April 26, 2019 6:30 AM EDTHOUSTON, April 26, 2019 /PRNewswire/ --Â Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today reported financial and operating results for the first-quarter of 2019.
"For the quarter, Cabot generated record levels of operating cash flow, free cash flow, adjusted net income, and production, resulting from continued operational success, disciplined capital allocation and cost control, and strong price realizations," stated Dan O. Dinges, Chairman, President and Chief Executive Officer. "For the full-year, we remain on track to deliver earnings per share growth, return on capital employed, and a free cash... More
