Cabot Oil & Gas (COG) Raises Quarterly Dividend 10% to $0.11; 2.6% Yield
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Cabot Oil & Gas Corporation Reports First Quarter 2021 Results, Increases Quarterly Base Dividend by 10 Percent
April 29, 2021 4:23 PM EDTHOUSTON, April 29, 2021 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today reported financial and operating results for the first quarter of 2021.
"Relative to the prior-year period, Cabot's free cash flow and adjusted net income both grew by over 175 percent, highlighting the Company's ability to deliver robust financial results in a more normalized natural gas price environment," said Dan O. Dinges, Chairman, President and Chief Executive Officer. "We remain on track to deliver strong growth in our earnings, return on capital employed, and free cash... More
