Cabot Performs As Expected
Independent energy exploration and production company Cabot Oil and Gas (NYSE:COG) reported solid first quarter 2012 results, aided by improved production, higher realized oil prices and lower per-unit costs. Quarterly earnings per share (excluding special items) came in at 14 cents, on par with the Zacks Consensus Estimate. Comparing year over year, earnings increased 40% [...]
Independent energy exploration and production company Cabot Oil and Gas (NYSE:COG) reported solid first quarter 2012 results, aided by improved production, higher realized oil prices and lower per-unit costs.
Quarterly earnings per share (excluding special items) came in at 14 cents, on par with the Zacks Consensus Estimate. Comparing year over year, earnings increased 40% from 10 cents per share.
During the quarter, Cabot generated revenue of $272.1 million, in line with our expectation. On a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
