Cabot oil & gas corporation (COG)
Income statement / 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'09Sep'08Jun'08
OPERATING REVENUES
Revenue from Contract with Customer, Excluding Assessed Tax

1,722,440

1,985,469

2,192,184

2,322,843

2,309,490

2,143,716

1,859,727

1,757,669

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on derivative instruments

88,613

80,808

129,026

114,429

47,112

44,432

-31,055

-28,354

-10,881

16,926

8,689

16,429

-24,560

-38,950

10,732

21,192

41,557

56,686

194,410

248,952

253,442

219,319

69,577

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

TOTAL OPERATING REVENUES

1,811,053

2,066,277

2,321,210

2,437,272

2,356,602

2,188,148

1,872,350

1,712,593

1,719,603

1,764,219

1,680,207

1,605,220

1,391,579

1,155,677

1,119,978

1,114,845

1,174,326

1,357,150

1,694,362

1,901,083

2,127,973

2,173,011

2,042,470

1,966,303

1,882,796

1,746,278

1,628,694

1,489,718

1,305,695

1,204,546

1,102,692

1,067,935

1,042,974

979,864

934,295

896,240

855,785

863,104

887,949

870,908

875,491

893,085

890,604

932,437

0

0

0

OPERATING EXPENSES
Direct operations

75,868

76,958

72,497

70,346

67,910

69,646

76,882

86,134

97,739

102,310

101,743

100,087

99,302

100,696

111,005

121,197

130,832

140,814

143,235

146,219

145,712

145,529

148,699

143,820

145,193

140,856

134,746

130,092

122,420

118,243

115,426

114,449

107,722

107,409

102,724

101,898

103,666

99,642

96,217

92,763

91,489

93,985

96,538

96,162

0

0

0

Transportation and gathering

580,676

574,677

565,586

549,439

521,939

496,731

475,378

463,735

470,090

481,439

475,568

463,348

450,364

436,542

428,820

425,270

416,005

427,588

423,265

407,110

392,791

349,321

317,524

292,361

261,033

229,489

205,154

178,781

159,272

143,309

122,439

107,777

90,712

73,322

54,291

39,455

28,148

19,069

0

0

0

-

-

-

-

-

-

Taxes other than income

14,944

17,053

21,302

19,547

21,299

22,642

22,359

28,701

31,619

33,487

32,047

31,624

32,287

29,223

32,249

34,885

37,523

42,809

44,517

44,043

45,248

47,012

45,255

45,854

44,402

43,045

43,584

42,488

41,978

48,874

46,379

42,985

38,008

27,576

27,829

29,276

35,240

37,894

41,253

43,483

42,556

44,649

55,158

63,664

0

0

0

Exploration

16,416

20,270

60,683

66,251

116,247

113,820

73,069

69,486

18,945

21,526

31,176

27,698

27,477

27,662

21,609

23,551

25,111

27,460

27,744

31,626

31,004

28,746

25,683

20,762

20,615

18,165

20,372

25,784

37,499

37,476

34,905

45,792

34,140

36,447

45,491

34,966

40,607

42,725

47,850

52,580

52,744

50,784

37,671

30,566

0

0

0

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

598,785

603,621

608,601

622,211

646,102

655,789

660,839

632,760

641,024

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

313,909

290,591

268,973

251,260

221,825

202,270

0

0

0

Impairment of oil and gas properties

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

17,622

24,549

30,468

0

0

0

General and administrative

97,209

94,870

102,999

105,332

103,671

96,641

92,897

95,417

98,146

97,786

89,342

85,472

81,460

85,633

81,579

73,307

73,340

67,996

74,857

83,334

83,483

82,590

83,939

89,057

90,538

104,606

109,998

109,130

134,394

121,239

119,663

123,783

102,917

104,667

107,755

100,883

87,730

79,177

68,947

62,791

67,055

68,374

48,894

67,450

0

0

0

TOTAL OPERATING EXPENSES

1,198,723

1,189,561

1,257,391

1,348,927

1,437,923

1,401,157

1,769,606

1,706,981

1,731,351

1,803,428

1,814,478

1,786,196

1,702,115

1,716,288

1,399,396

1,407,261

1,417,706

1,456,345

2,145,860

2,156,921

2,152,023

2,087,025

1,295,625

1,281,579

1,245,005

1,217,149

1,127,988

1,040,222

1,010,283

949,048

897,584

877,349

790,217

736,396

731,836

733,152

717,563

702,959

695,000

625,816

607,279

607,513

553,745

576,044

0

0

0

Income (Loss) from Equity Method Investments

76,753

80,496

13,340

9,469

5,815

1,137

-97,509

-98,915

-100,197

-100,486

-6,672

-6,982

-5,769

-2,477

2,043

5,418

7,003

6,415

5,842

5,257

4,501

3,080

2,097

1,324

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Property Plant Equipment

71

-1,500

-2,914

22,705

23,249

-16,300

-12,952

-50,479

-52,426

-11,600

-14,629

-4,002

-3,477

-1,900

-718

4,283

5,082

3,866

23,670

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

-3,283

-3,454

0

0

0

INCOME FROM OPERATIONS

689,192

955,750

1,074,218

1,120,492

947,716

771,801

-7,682

-143,747

-164,336

-151,260

-155,529

-191,917

-319,739

-564,945

-278,093

-282,715

-231,295

-88,914

-421,986

-230,621

-1,006

106,186

763,213

704,682

659,055

551,582

489,521

433,486

346,539

306,186

299,124

288,582

317,121

306,850

339,750

296,790

242,240

266,439

198,340

250,790

252,961

282,269

333,576

352,939

0

0

0

Interest expense, net

-56,982

-54,952

-55,926

-56,563

-65,324

-73,201

-77,986

-84,126

-81,417

-82,130

-82,236

-83,388

-84,732

-88,336

-92,488

-95,515

-97,720

-96,911

-95,716

-88,628

-80,794

-73,785

-67,037

-65,689

-66,346

-66,044

-66,035

-66,180

-67,684

-68,346

-69,366

-71,664

-71,213

-71,663

-74,430

-72,671

-70,396

-67,941

-90,741

-88,840

-88,117

-58,979

-5,191

15,873

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other expense

-496

-574

-546

-518

-493

-463

-366

4,832

5,265

4,955

3,566

-1,919

-2,536

-1,609

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income before income taxes

631,714

900,224

1,017,746

1,063,411

881,899

698,137

-86,034

-223,041

-240,488

-228,435

-233,193

-276,218

-410,710

-659,599

-377,945

-385,192

-330,966

-187,273

-517,702

-319,249

-81,800

32,401

696,176

638,993

592,709

485,538

423,486

367,306

278,855

237,840

229,758

216,918

245,908

235,187

265,320

224,119

171,844

198,498

136,051

190,402

193,296

223,290

278,961

306,974

0

0

0

Income tax expense

159,497

219,154

208,572

222,258

179,324

141,094

-323,592

-355,849

-352,392

-328,828

-85,267

-100,445

-150,500

-242,475

-142,457

-144,450

-125,626

-73,382

-293,164

-211,013

-119,492

-72,067

291,991

265,707

248,729

205,765

180,792

157,893

122,619

106,110

112,532

107,818

118,068

112,779

120,165

103,548

84,268

95,112

45,411

64,763

63,837

74,947

99,992

112,277

0

0

0

Net Income (Loss) Attributable to Parent

472,217

681,070

809,174

841,153

702,575

557,043

237,558

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

242,694

209,413

156,236

131,730

117,226

109,100

127,840

122,408

145,155

120,571

87,576

103,386

90,640

125,639

129,459

148,343

178,969

194,697

0

0

0

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

0.14

0.37

0.22

0.43

0.62

0.62

0.28

0.09

0.26

-0.10

0.04

0.05

0.23

-0.63

-0.02

-0.14

-0.12

-0.27

-0.04

-0.07

0.10

-0.53

0.24

0.28

0.26

0.19

0.17

0.21

0.10

-0.04

0.09

0.17

0.09

-0.17

0.14

0.26

0.06

-0.03

0.04

0.21

0.28

-

-

0.25

0.46

0.65

0.55

Diluted (in dollars per share)

0.13

0.36

0.22

0.43

0.62

0.62

0.28

0.09

0.25

-0.10

0.04

0.05

0.23

-0.63

-0.02

-0.14

-0.12

-0.27

-0.04

-0.07

0.10

-0.53

0.24

0.28

0.26

0.18

0.17

0.21

0.10

-0.04

0.09

0.17

0.09

-0.17

0.14

0.26

0.06

-0.03

0.04

0.21

0.27

-

-

0.24

0.46

0.64

0.55

Weighted-average common shares outstanding
Basic (in shares)

398,343

404,343

412,456

422,141

423,116

430,610

440,772

451,055

459,715

462,326

462,498

464,768

465,348

465,330

465,149

465,068

431,841

413,881

413,846

413,713

413,344

412,996

416,173

417,291

416,900

418,768

420,986

420,698

420,300

838,348

419,312

209,512

209,128

1,042,598

208,570

208,528

208,288

519,628

103,955

103,915

103,794

518,119

103,647

103,640

103,521

103,351

98,467

Diluted (in shares)

399,897

405,804

414,462

424,349

425,189

432,499

443,110

453,114

461,549

463,791

464,780

466,745

466,888

465,330

465,149

465,068

431,841

412,454

413,846

413,713

414,771

414,706

418,093

419,092

418,513

419,805

423,453

423,490

422,752

843,525

422,452

211,158

210,813

1,053,854

210,920

210,674

210,640

526,393

105,225

104,964

104,978

523,618

104,917

104,815

104,111

104,495

99,481

Dividends per common share (in dollars per share)

-

-

-

0.09

-

-

-

0.06

0.06

-

0.05

0.05

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.02

0.01

0.01

-0.01

0.01

0.02

0.02

-0.03

0.02

0.02

0.02

-0.03

0.03

0.03

0.03

-0.03

0.03

0.03

0.03

-

-

Natural gas
Revenue from Contract with Customer, Excluding Assessed Tax

1,722,406

1,985,240

2,185,336

2,208,038

2,102,216

1,881,150

1,571,592

1,454,076

1,484,744

1,506,078

1,463,669

1,400,550

1,228,454

1,022,590

928,094

890,857

892,431

1,025,044

1,180,045

1,305,052

1,518,007

1,590,625

1,619,717

1,613,648

1,544,278

1,405,262

1,298,490

1,188,485

1,021,145

934,134

847,270

833,895

833,201

796,517

776,198

749,703

713,874

713,646

731,425

717,206

728,891

743,543

738,821

763,703

0

0

0

Other
Revenue from Contract with Customer, Excluding Assessed Tax

34

229

693

2,801

2,694

4,314

6,949

7,415

10,198

11,660

10,412

9,827

9,181

7,362

7,987

8,025

9,273

10,826

11,989

13,121

13,131

14,762

15,858

15,356

14,901

13,148

11,516

10,811

9,983

8,968

7,851

6,952

6,186

6,185

5,309

5,465

5,394

5,086

5,125

4,606

4,149

4,323

3,783

3,552

0

0

0

Crude oil and condensate
Total revenues from contracts with customers

-

-

0

0

-

48,722

116,532

173,445

218,070

212,338

181,025

161,889

163,420

151,106

160,015

181,252

216,329

248,211

288,646

312,195

317,303

313,889

299,376

301,022

284,907

291,418

282,706

256,367

243,607

227,933

211,497

186,785

157,361

125,972

98,456

84,532

77,701

79,091

80,337

80,677

75,676

69,936

70,028

69,054

0

0

0

Brokered natural gas
Total revenues from contracts with customers

-

-

6,155

112,004

-

209,530

208,332

106,011

17,472

17,217

16,412

16,525

15,084

13,569

13,150

13,519

14,736

16,383

19,272

21,763

26,090

34,416

37,942

38,606

38,710

36,450

36,476

34,549

31,454

34,005

36,074

40,303

46,226

51,190

54,332

56,540

58,816

65,281

71,062

68,419

66,775

75,283

77,972

96,128

0

0

0

Operating expenses

-

-

5,761

99,166

-

184,198

183,427

92,819

16,156

15,252

13,521

13,663

12,265

10,785

10,474

10,555

11,419

12,592

15,103

17,763

21,909

30,030

33,501

33,734

33,407

29,936

29,128

27,473

25,019

28,502

30,852

34,798

40,344

43,834

46,486

48,563

50,560

56,466

62,153

59,658

58,549

67,030

69,110

85,464

0

0

0