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Cabot Oil & Gas Corp posts net income of USD38.9m for third quarter 2009

Oct 27, 2009 (M2 EQUITYBITES via COMTEX) --

Company: Cabot Oil & Gas Corp. (COG)

Natural gas producer Cabot Oil & Gas Corp (NYSE:COG) declared on Monday aAnet income of USD38.9m, or USD0.38 per share, for the third quarter 2009. A This reflects a fall as compared to a net income of USD67.0m, or USD0.65 per share, forAthe third quarter of 2008. A Cash flow from operations for the third quarter 2009 was USD116.7m and discretionary cash flow was USD158.9m, compared with a third quarter 2008 cash flow from operations of USD148.3m and discretionary cash flow of USD161m. 

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Company: Cabot Oil & Gas Corp. (COG)


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