Cabot oil & gas corporation (COG)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
OPERATING REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax

1,985,469

2,143,716

1,747,293

1,194,627

-

-

-

-

-

-

-

-

-

Gain on derivative instruments

80,808

44,432

16,926

-38,950

56,686

219,319

0

-494

-

-

-

-

-

TOTAL OPERATING REVENUES

2,066,277

2,188,148

1,764,219

1,155,677

1,357,150

2,173,011

1,746,278

1,204,546

979,864

863,104

893,085

945,791

732,170

OPERATING EXPENSES
Direct operations

76,958

69,646

102,310

100,696

140,814

145,529

140,856

118,243

107,409

99,642

93,985

91,839

77,170

Transportation and gathering

574,677

496,731

481,439

436,542

427,588

349,321

229,489

143,309

73,322

19,069

13,809

-

-

Taxes other than income

17,053

22,642

33,487

29,223

42,809

47,012

43,045

48,874

27,576

37,894

44,649

66,540

53,782

Exploration

20,270

113,820

21,526

27,662

27,460

28,746

18,165

37,476

36,447

42,725

50,784

31,200

39,772

Depreciation, Depletion and Amortization

405,733

417,479

568,817

590,128

622,211

632,760

651,052

451,405

343,141

327,083

251,260

226,915

143,951

Impairment of oil and gas properties

0

0

482,811

435,619

114,875

771,037

0

0

-

40,903

17,622

35,700

19,042

Impairment of Oil & Gas Properties and Other Assets

-

-

-

-

-

-

-

-

-

-

-

-

4,614

General and administrative

94,870

96,641

97,786

85,633

67,996

82,590

104,606

121,239

104,667

79,177

68,374

74,185

50,775

TOTAL OPERATING EXPENSES

1,189,561

1,401,157

1,803,428

1,716,288

1,456,345

2,087,025

1,217,149

949,048

736,396

702,959

607,513

626,828

470,925

Income (Loss) from Equity Method Investments

80,496

1,137

-100,486

-2,477

6,415

3,080

1,102

53

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment

-1,500

-16,300

-11,600

-1,900

3,866

17,120

21,351

50,635

63,382

106,294

-3,303

1,143

13,448

Gain on Settlement of Dispute

-

-

-

-

-

-

-

-

-

-

-

51,906

0

INCOME FROM OPERATIONS

955,750

771,801

-151,260

-564,945

-88,914

106,186

551,582

306,186

306,850

266,439

282,269

372,012

274,693

Interest expense, net

-54,952

-73,201

-82,130

-88,336

-96,911

-73,785

-66,044

-68,346

-71,663

-67,941

-58,979

-36,389

17,161

Gain (Loss) on Extinguishment of Debt

-

-

-

-4,709

0

0

-

-

-

-

-

-

-

Other expense

-574

-463

4,955

-1,609

-1,448

-

-

-

-

-

-

-

-

Income before income taxes

900,224

698,137

-228,435

-659,599

-187,273

32,401

485,538

237,840

235,187

198,498

223,290

335,623

257,532

Income tax expense

219,154

141,094

-328,828

-242,475

-73,382

-72,067

205,765

106,110

112,779

95,112

74,947

124,333

90,109

Net Income (Loss) Attributable to Parent

681,070

557,043

100,393

-417,124

-113,891

104,468

279,773

131,730

122,408

103,386

148,343

211,290

167,423

Earnings Per Share [Abstract]
Basic (in dollars per share)

1.64

1.25

0.22

-0.91

-0.28

0.25

0.67

0.31

0.29

0.50

0.72

2.10

1.73

Diluted (in dollars per share)

1.63

1.24

0.22

-0.91

-0.28

0.25

0.66

0.31

0.29

0.49

0.71

2.08

1.71

Weighted-average common shares outstanding
Basic (in shares)

415,514

445,538

463,735

456,847

413,696

415,840

420,188

419,075

416,996

207,823

207,231

100,737

96,978

Diluted (in shares)

417,451

447,568

465,551

456,847

413,696

417,601

422,375

421,987

421,522

210,390

209,365

101,726

98,130

Dividends per common share (in dollars per share)

-

-

-

0.08

0.08

0.08

0.06

0.04

0.03

0.06

0.06

0.12

-

Natural gas
Revenue from Contract with Customer, Excluding Assessed Tax

1,985,240

1,881,150

1,506,078

1,022,590

1,025,044

1,590,625

1,405,262

934,134

796,517

713,646

743,543

758,755

581,640

Other
Revenue from Contract with Customer, Excluding Assessed Tax

229

4,314

11,660

7,362

10,826

14,762

13,148

8,968

6,185

5,086

4,323

3,105

2,072

Crude oil and condensate
Total revenues from contracts with customers

0

48,722

212,338

151,106

248,211

313,889

291,418

227,933

125,972

79,091

69,936

69,711

55,243

Brokered natural gas
Total revenues from contracts with customers

0

209,530

17,217

13,569

16,383

34,416

36,450

34,005

51,190

65,281

75,283

114,220

93,215

Operating expenses

0

184,198

15,252

10,785

12,592

30,030

29,936

28,502

43,834

56,466

67,030

100,449

81,819