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

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Cabot Oil & Gas Corporation Reports Second Quarter 2021 Results

July 30, 2021 7:30 AM EDT

HOUSTON, July 30, 2021 /PRNewswire/ -- Cabot Oil & Gas Corporation (NYSE: COG) ("Cabot" or the "Company") today reported financial and operating results for the second quarter of 2021.

Second Quarter 2021 Highlights

Net income of $30.5 million (or $0.08 per share); adjusted net income (non-GAAP) of $105.5 million (or $0.26 per share) EBITDAX (non-GAAP) of $245.1 million Net cash provided by operating activities of $178.9 million; discretionary cash flow (non-GAAP) of $215.4 million; free cash flow (non-GAAP) of $64.1 million Return on capital employed (ROCE) (non-GAAP) for the trailing 12 months of 13.0 percent Net... More