Cabot Oil Posts Drop In Third-Quarter Profit
Cabot Oil & Gas Corp. (COG) late Monday said third-quarter net earnings were $
38.9 million, or 38 cents a share, compared with $67 million, or 65 cents a
share, in the year-ago period. Earnings excluding certain items came in at 41
cents a share. Analysts polled by Thomson Reuters had expected earnings
excluding items of 35 cents a share. Total revenue at Cabot Oil fell to $207
million, from $244.8 million in the same period last year.
-Carla Mozee; 415-439-6400; AskNewswires@dowjones.com
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10-26-092019ET
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