HOUSTON, July 26, 2019 /PRNewswire/ — Cabot Oil & Gasoline Company (NYSE: COG) (“Cabot” or the “Firm”) in the present day reported monetary and working outcomes for the second quarter of 2019.
“Through the quarter, Cabot efficiently executed on its strategic plan of delivering a mixture of constructive free money circulation era, improved return on capital employed, and disciplined progress in per share metrics, whereas persevering with to return capital to shareholders by means of a mixture of dividends and opportunistic share repurchases,” acknowledged Dan O. Dinges, Chairman, President and Chief Government Officer. “Our success for the quarter was achieved regardless of NYMEX pure fuel costs retreating to the bottom ranges the trade has skilled because the second quarter of 2016, additional highlighting Cabot’s skill to ship sturdy monetary outcomes all through the pure fuel value cycle.”
Second Quarter 2019 Highlights
- Web revenue of $181.Zero million (or $0.43 per share); adjusted internet revenue (non-GAAP) of $150.6 million (or $0.36 per share)
- Web money supplied by…