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Cabot Oil & Gas Corp (COG.N)

COG.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Cabot Oil & Gas Corp Announces Q1 Earnings Per Share $0.26
Friday, 27 Apr 2018 

April 27 (Reuters) - Cabot Oil & Gas Corp ::ORATION ANNOUNCES FIRST-QUARTER 2018 RESULTS.Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.28.Q1 EARNINGS PER SHARE $0.26.Q1 EARNINGS PER SHARE VIEW $0.27 -- THOMSON REUTERS I/B/E/S.QTRLY DAILY EQUIVALENT PRODUCTION OF 1,884 MILLION CUBIC FEET EQUIVALENT (MMCFE) PER DAY.SECOND-QUARTER 2018 NET PRODUCTION GUIDANCE OF 1,850 TO 1,900 MMCFE PER DAY.CABOT OIL & GAS - QTRLY NATURAL GAS PRICE REALIZATIONS, INCLUDING IMPACT OF DERIVATIVES, WERE $2.44 PER THOUSAND CUBIC FEET, DOWN 8 PERCENT.CABOT OIL & GAS - REAFFIRMED TOTAL 2018 DAILY PRODUCTION GROWTH GUIDANCE OF 10 TO 15 PERCENT (18 TO 23 PERCENT ON A DIVESTITURE-ADJUSTED BASIS).EXCLUDING IMPACT OF DERIVATIVES, FIRST-QUARTER 2018 NATURAL GAS PRICE REALIZATIONS WERE $2.50 PER MCF.REAFFIRMED FULL-YEAR CAPITAL BUDGET OF $950 MILLION.CABOT OIL & GAS - DUE TO DIVESTITURE OF ITS EAGLE FORD SHALE ASSETS IN Q1, CO UPDATED OPERATING EXPENSE GUIDANCE FOR 2018.CABOT OIL & GAS - REMAIN CONFIDENT IN 3-YEAR PLAN THAT CAN GENERATE $1.6 BILLION - $2.5 BILLION OF AFTER-TAX CUMULATIVE FREE CASH FLOW.  Full Article

Cabot Oil & Gas Corp Announces Dividend Increase Of 20 Pct
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Cabot Oil & Gas Corp ::CABOT OIL & GAS CORPORATION ANNOUNCES DIVIDEND INCREASE OF 20 PERCENT.SETS REGULAR QUARTERLY DIVIDEND OF $0.06PER SHARE.  Full Article

Cabot Oil & Gas Q3 adjusted earnings per share $0.07
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Cabot Oil & Gas Corp :Cabot Oil & Gas Corporation announces third quarter 2017 results, provides 2018 operating plan and three-year marcellus shale outlook.Q3 adjusted earnings per share $0.07.Q3 earnings per share $0.04.Q3 earnings per share view $0.07 -- Thomson Reuters I/B/E/S.Cabot Oil & Gas Corp - Qtrly ‍equivalent daily production growth of 12 percent relative to prior-year comparable quarter​.Cabot Oil & Gas Corp - ‍Based on Q4 guidance, company has tightened its 2017 daily production growth guidance range to 9 - 11 percent​.Cabot Oil & Gas Corp - ‍Company has also reaffirmed its total 2017 program spending of $845 million​.Cabot Oil & Gas - ‍Initiated 2018 daily production growth guidance range at 15 to 20 percent (17 to 22 percent pro forma for West Virginia divestiture)​.Cabot Oil & Gas Corp - Qtrly total operating revenues $385.4 million versus $310.4 million.Cabot Oil & Gas Corp - ‍Tightened 2017 daily production growth guidance range to 9 percent - 11 percent​.Cabot Oil & Gas Corp - ‍Reaffirmed its total 2017 program spending of $845 million​.Cabot Oil & Gas - Sees Q4 net production of 13,250 to 14,250 BBLS per day for crude oil and condensate; and 1,350 to 1,450 BBLS per day for NGLS​.Cabot Oil & Gas Corp sees ‍Q4 2017 net production guidance of 1,775 MMCF to 1,850 MMCF per day for natural gas​.Cabot-Qtrly NGLS production below co's guidance range due to downtime at third-party plant in eagle ford that was impacted by Hurricane Harvey‍​.  Full Article

Cabot Oil & Gas Q3 loss per share $0.04 excluding items
Friday, 28 Oct 2016 

Cabot Oil & Gas Corp : Cabot Oil & Gas Corporation announces third quarter 2016 financial and operating results . Q3 loss per share $0.04 excluding items . Q3 loss per share $0.02 . Q3 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S . Cabot Oil & Gas Corp - equivalent production in Q3 of 2016 was 150.8 billion cubic feet equivalent . Cabot Oil & Gas Corp - initiated its 2017 production growth guidance range at 5 to 10 percent . Sees Q4 net production guidance of 1,650 to 1,725 MMCF per day for natural gas . Sees 8,500 to 9,000 BBLS per day for crude oil and condensate for Q4 . Cabot Oil & Gas Corp - Cabot is increasing its 2016 capital budget guidance by $35 million to $380 million .Adjusted its full-year 2016 equivalent production growth guidance range to 3 to 4 percent.  Full Article

Cabot Oil & Gas Q2 loss per share $0.14
Friday, 29 Jul 2016 

Cabot Oil & Gas Corp : Sees q3 net production guidance of 1,575 to 1,600 mmcf/day for natural gas; 10,000 to 10,500 bbls/day for crude oil and condensate . Cabot oil & gas corporation announces second quarter 2016 financial and operating results . Q2 loss per share $0.07 excluding items . Q2 loss per share $0.14 . Q2 earnings per share view $-0.08 -- Thomson Reuters I/B/E/S . Increased its 2016 capital budget from $325 million to $345 million . Equivalent production in q2 of 2016 was 151.8 billion cubic feet equivalent (bcfe) . Increased its 2016 capital budget to reflect incremental capital for completion of an additional 15 to 20 net wells during h2 . Company's 2016 production growth guidance range of two to seven percent remains unchanged .Sees q3 net production guidance of 1,200 to 1,250 bbls per day for ngls.  Full Article

Cabot Oil & Gas Corp enters agreement to supply Lackawanna Energy Center
Tuesday, 5 Jul 2016 

Cabot Oil & Gas Corp : Commercial operations of proposed facility expected to begin in mid-2018, to reach full-scale operations by year-end 2018 . Cabot oil & gas corporation announces new long-term sales agreement to supply lackawanna energy center . Executed 10-year sales deal to be exclusive provider of natural gas supplies to invenergy llc's lackawanna energy center power plant .South jersey industries will become counterparty to both entities through exclusive supply fuel management service deal.  Full Article

UPDATE 1-U.S. top court rejects Constitution Pipeline over New York permit

WASHINGTON, April 30 The U.S. Supreme Court on Monday dealt another setback to a proposed natural gas pipeline running from Pennsylvania to New York, rejecting Constitution Pipeline Co's bid to challenge New York state's refusal to issue a needed water permit for the project.