Cabot oil & gas corporation (COG)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income

472,217

681,070

809,175

841,153

702,575

557,043

237,557

132,808

111,904

100,393

-147,926

-175,773

-260,210

-417,124

-235,488

-240,742

-205,340

-113,891

-224,538

-108,236

37,692

104,468

404,185

373,286

343,980

279,773

242,693

209,413

156,236

131,730

117,227

109,100

127,840

122,408

145,154

120,571

87,576

103,386

90,641

125,639

129,459

148,343

0

0

0

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, depletion and amortization

413,610

405,733

428,563

438,846

427,609

417,479

431,338

456,433

515,845

568,817

566,907

560,130

563,341

590,128

598,786

603,622

608,601

622,211

646,100

655,788

660,839

632,760

641,025

655,991

649,817

651,052

585,006

526,474

489,701

451,405

427,920

407,765

376,374

343,141

342,146

337,208

330,709

327,083

297,872

290,591

268,973

251,260

0

0

0

Impairment of oil and gas properties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,622

0

0

0

Deferred income tax expense

200,460

244,418

286,801

315,274

253,318

229,603

-279,045

-327,531

-310,115

-321,113

-81,563

-93,019

-148,445

-230,707

-140,607

-144,422

-117,022

-72,968

-285,780

-223,860

-155,089

-112,567

212,584

187,171

172,409

138,380

145,450

123,518

94,779

80,929

60,077

64,931

77,925

74,744

88,725

69,604

52,636

61,809

57,507

92,654

91,182

101,815

0

0

0

(Gain) loss on sale of assets

71

-1,500

-2,914

22,705

23,249

-16,300

-12,952

-50,479

-52,426

-11,600

-14,630

-4,003

-3,477

-1,900

-716

4,284

5,082

3,866

23,669

19,960

18,543

17,120

14,015

18,390

20,162

21,351

-11,806

-16,353

51,074

50,635

94,016

97,996

64,364

63,382

137,291

133,702

104,018

106,294

5,391

5,698

-15,251

-3,303

0

0

0

Exploratory dry hole cost

-

-

-

-

-

97,741

57,403

52,063

918

3,820

12,944

12,944

12,962

10,120

3,286

3,292

3,290

3,452

1,637

5,931

6,029

7,907

6,455

2,156

2,182

808

2,689

3,881

14,617

14,000

12,244

24,398

13,533

13,977

15,035

3,735

3,724

11,657

29,999

42,347

52,744

50,784

0

0

0

Gain on derivative instruments

88,613

80,808

129,026

114,429

47,112

44,432

-31,055

-28,355

-10,881

16,926

8,689

16,430

-24,560

-38,950

10,732

21,192

41,557

56,686

194,410

248,952

253,442

219,319

0

0

0

-

-

-

-

-494

-464

-379

-940

-965

-1,338

-1,467

378

-226

-2,210

-784

-1,600

-1,954

0

0

0

Net cash received in settlement of derivative instruments

85,470

138,450

93,654

47,058

37,480

-41,631

-15,885

-11,937

-16,551

8,056

-1,299

-13,306

-3,206

-1,682

63,666

116,864

156,604

194,289

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (earnings) on equity method investments

76,753

80,496

13,340

9,469

5,815

1,137

-97,509

-98,915

-100,197

-100,486

-6,671

-6,981

-5,769

-2,477

2,042

5,417

7,003

6,415

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Distribution of earnings from equity method investments

10,996

15,725

13,906

10,046

6,025

1,296

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amortization of debt issuance costs

3,627

3,966

4,329

4,705

4,525

4,631

4,716

4,780

4,780

4,774

4,774

4,775

5,081

5,083

4,947

4,809

4,378

4,454

4,771

4,839

4,895

4,754

4,304

4,103

3,922

3,693

3,732

3,773

5,098

5,265

5,364

5,462

4,325

4,381

-1,600

3,498

3,433

3,381

0

0

0

-

-

-

-

Stock-based compensation and other

30,287

29,009

37,691

42,137

40,746

31,443

23,880

25,585

30,320

33,419

28,942

26,217

23,659

25,982

25,074

17,073

18,340

13,645

19,747

27,275

24,311

21,429

23,585

28,299

32,339

46,965

46,038

47,240

65,997

46,872

48,026

52,995

38,856

52,940

0

0

0

-

-

23,832

29,136

31,126

0

0

0

Changes in assets and liabilities:
Accounts receivable, net

-85,035

-153,379

-63,588

6,833

55,466

146,921

61,657

-190

-26,918

25,036

40,649

59,465

92,156

71,060

1,441

-14,627

-82,149

-112,406

-70,605

-78,620

-61,344

11,689

12,659

7,259

72,573

49,398

75,105

115,802

77,541

58,037

2,022

-28,147

4,534

19,893

26,091

38,151

-2,966

14,125

-90,041

-85,017

-49,405

-28,725

0

0

0

Income taxes

-47,056

-13,514

-61,915

-77,300

-28,184

-59,616

-44,150

-28,095

-81,548

-46,368

-11,405

-12,657

4,326

-5,975

-1,788

1,989

-9,457

-711

-21,010

-13,114

-8,414

-34,282

9,211

10,621

7,764

29,002

-789

-6,691

5,217

3,055

8,975

11,280

-956

-27,345

0

0

0

-

-

-

-

358

0

0

0

Inventories

-28

2,856

5,720

-145

6,819

3,927

1,892

11,039

4,184

-1,334

1,916

-1,678

-3,152

-3,044

-4,093

-4,736

1,861

3,023

4,552

8,510

3,696

-3,441

-7,369

-6,624

-1,147

3,033

3,143

6,292

-952

-7,104

-9,919

-11,378

-7,895

-7,708

-4,047

510

3,135

1,677

-22,242

-38,306

-46,065

-17,687

0

0

0

Other current assets

23

-180

508

233

-1,030

-934

-896

-576

251

104

0

-61

151

21

-372

-278

-675

817

1,226

2,235

629

-733

-972

-2,320

241

428

1,620

240

733

1,198

-850

1,340

-647

-1,143

227

-1,406

-2,025

-3,675

-8,608

-4,099

-7,968

-3,103

0

0

0

Accounts payable and accrued liabilities

-25,953

-30,176

-45,137

-12,567

16,703

30,468

34,773

8,955

-16,872

-2,552

17,899

23,713

20,619

10,858

-1,041

-7,388

-35,198

-55,217

-64,221

-33,522

-21,123

-7,583

-12,783

-71,653

-11,112

-22,908

15,397

57,179

29,107

18,843

2,096

-30,950

-19,988

8,546

2,823

15,270

1,810

-1,488

7,643

8,755

5,374

-27,202

0

0

0

Income Taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

0

Interest payable

-260

-166

-1,828

-7,478

-5,046

-7,477

-3,231

21

-5

-75

-273

-806

-1,301

-2,573

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other assets and liabilities

-202

21,821

25,644

24,869

-1,282

-23,079

-27,525

-20,095

5,897

5,141

4,395

-1,920

-2,654

-2,465

-664

-1,624

3,385

1,685

183

1,427

-3,880

-1,989

7,635

7,808

8,333

8,014

-742

734

-2,244

-2,266

15,539

13,269

16,087

17,494

-350

5,305

12,196

8,285

14,752

12,361

-1,304

4,671

0

0

0

Stock-based compensation tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16,243

-13,981

-1,375

15,630

31,919

32,818

18,913

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

1,065,401

1,445,791

1,498,862

1,470,180

1,417,430

1,104,903

967,965

914,874

901,542

898,160

858,783

775,097

599,707

397,441

422,349

463,297

549,329

749,598

878,139

1,090,078

1,248,438

1,236,435

1,201,100

1,119,507

1,067,219

1,024,526

963,657

850,918

732,998

652,093

581,585

572,280

542,406

501,839

492,785

462,434

460,027

484,911

564,414

556,845

577,615

614,052

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditures

741,420

788,368

867,663

928,699

933,863

894,470

825,248

758,496

712,431

764,558

716,933

609,087

491,300

375,153

380,796

469,909

652,597

955,602

1,334,730

1,507,111

1,536,173

1,479,632

1,316,080

1,288,296

1,273,271

1,194,739

1,102,179

1,040,706

999,599

927,977

891,488

898,390

876,655

891,277

0

0

0

-

-

-

-

-

-

-

0

Proceeds from sale of assets

302

2,600

5,226

33,828

34,151

678,350

758,258

760,837

761,615

115,444

34,062

2,066

965

50,419

49,341

54,479

54,400

7,653

42,959

43,249

42,465

39,492

312,240

321,840

323,123

323,501

51,760

37,517

168,532

169,326

454,288

482,036

399,894

403,657

304,586

281,104

247,750

243,510

21,033

17,255

65,920

80,180

0

0

0

Restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-28,094

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital Expenditures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

Investment in equity method investments

7,545

9,338

13,374

19,489

43,673

77,263

106,523

106,318

84,715

57,039

27,690

23,939

24,574

28,484

32,451

37,130

35,647

29,073

30,071

25,941

37,198

38,057

39,035

36,855

23,562

18,875

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of equity method investments

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash used in investing activities

-506,896

-543,915

-874,155

-913,602

-943,385

-293,383

-173,513

-103,977

-35,531

-706,153

-710,561

-630,960

-514,909

-353,218

-363,906

-452,572

-650,156

-993,334

-1,537,065

-1,720,840

-1,725,931

-1,664,840

-1,058,573

-1,003,311

-993,422

-918,207

-1,061,546

-1,012,214

-839,180

-765,514

-441,688

-418,442

-476,761

-487,620

-563,529

-526,218

-577,267

-613,741

-822,120

-738,262

-603,195

-531,027

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings from debt

0

95,000

253,000

253,000

253,000

158,000

0

0

0

-

-

-

-

90,000

177,000

325,000

585,000

877,000

1,020,000

2,063,000

2,048,000

2,032,000

2,172,000

1,241,000

1,186,000

955,000

705,000

555,000

445,000

400,000

280,000

280,000

310,000

330,000

555,000

535,000

525,000

525,000

315,000

245,000

165,000

105,000

0

0

0

Repayments of debt

0

102,000

320,000

557,000

557,000

455,000

0

0

0

-

-

-

-

587,000

686,000

772,000

850,000

604,000

595,000

1,261,000

1,393,000

1,427,000

1,722,000

1,190,000

1,091,000

895,000

605,000

385,000

330,000

263,000

423,000

403,000

353,000

355,000

0

0

0

-

-

-

-

-

-

-

0

Treasury stock repurchases

488,485

519,863

638,482

609,745

697,005

872,761

637,211

475,140

330,875

123,741

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sale of common stock, net

-

-

-

-

-

-

-

-

-

-

-

-

-

995,279

995,279

995,279

995,278

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid

155,727

145,515

134,906

124,348

113,327

111,369

104,316

100,974

97,179

78,838

65,009

51,187

37,211

36,187

35,163

34,135

33,109

33,090

33,072

33,136

33,209

33,278

33,420

33,504

29,363

25,232

21,026

16,796

16,781

16,757

15,690

14,626

13,563

12,508

12,498

12,489

12,477

12,467

12,457

12,447

12,441

12,432

0

0

0

Tax withholdings on vesting of stock awards

7,333

10,590

10,669

10,674

9,752

8,150

10,112

10,334

10,527

7,973

5,937

5,690

5,456

5,064

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Stock-based compensation tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-16,243

-13,981

-1,375

15,630

31,919

32,818

18,913

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capitalized debt issuance costs

-

-

-

-

-

-

-

-

-

-

-

-

-

3,223

3,223

3,223

11,061

7,838

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

50

42

39

37

0

1

6

-2,593

85

83

78

2,678

90

95

106

106

48

62

-620

-1,041

-992

-1,629

-1,880

-625

-1,724

-268

762

-71

909

72

-103

-104

83

0

0

0

Net cash used in financing activities

-658,957

-690,380

-858,468

-1,056,178

-1,124,084

-1,289,280

-988,631

-586,437

-438,568

-210,502

-139,159

-145,093

-126,629

453,805

433,977

491,534

666,195

223,296

357,712

600,383

466,010

425,959

139,528

-117,863

-68,823

-113,655

88,320

159,932

94,311

114,246

-165,324

-144,511

-58,213

-40,257

96,084

55,413

113,631

144,621

259,624

199,254

28,836

-70,968

0

0

0

Net increase in cash, cash equivalents and restricted cash

-100,452

211,496

-233,761

-499,600

-650,039

-477,760

-194,179

224,460

427,443

-18,495

9,063

-956

-41,831

498,028

492,420

502,259

565,368

-20,440

-301,214

-30,379

-11,483

-2,446

282,055

-1,667

4,974

-7,336

-9,569

-1,364

-11,871

825

-25,427

9,327

7,432

-26,038

25,340

-8,371

-3,609

15,791

1,918

17,837

3,256

12,057

0

0

0

Supplemental non-cash investing transactions:
Change in accrued capital costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-