Welcome to our dedicated page for COG news (Ticker: COG), a resource for investors and traders seeking the latest updates and insights on COG stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect COG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of COG's position in the market.
Cabot Oil & Gas Corporation (NYSE: COG) is set to release its first quarter 2021 financial and operating results on April 29, 2021, after market close. The company will host a conference call on April 30, 2021, at 9:30 a.m. Eastern Time. Investors can access the live audio webcast through the Investor Relations section of its website, with a replay available afterward. Cabot Oil & Gas, based in Houston, Texas, is a prominent independent natural gas producer operating exclusively in the continental United States.
Cabot Oil & Gas Corporation (NYSE: COG) reported its fourth quarter and full-year 2020 results, reflecting challenges amid low natural gas prices. Q4 2020 net income was $131.2 million, down from $146.9 million year-over-year. Full-year net income decreased significantly to $200.5 million from $681.1 million in 2019. Despite this, the company generated $122.9 million in free cash flow in Q4 and plans to introduce a new dividend framework targeting a minimum capital return of 50% of annual free cash flow. For 2021, Cabot expects daily production of 2,350 Mmcfe.
Cabot Oil & Gas Corporation (NYSE: COG) announced the rescheduling of its fourth quarter and full-year 2020 earnings release due to the severe winter storm in Texas. The Company plans to release its financial results on February 23, 2021, after market close. A conference call to discuss these results is set for February 24, 2021, at 11 a.m. Eastern Time. Investors can access the live audio webcast on the Company's Investor Relations website, where a replay will also be available.
Cabot Oil & Gas Corporation (NYSE: COG) announced its operational update for Q4 and full-year 2020, reporting a strong annual performance with a fifth consecutive year of positive free cash flow. Q4 production is projected at 2,375 Mmcfe per day, surpassing guidance. Year-end proved reserves increased by 6% to 13.7 Tcfe. Despite challenges from the COVID-19 pandemic and low natural gas prices (average $1.68 per Mcf for 2020), the company plans a capital expenditure reduction to $530-$540 million in 2021, aiming for flat production and significant shareholder returns.
Cabot Oil & Gas Corporation (NYSE: COG) has declared a regular dividend of $0.10 per share on its common stock. This dividend is scheduled for payment on February 4, 2021, to shareholders of record as of the close of business on January 21, 2021. Headquartered in Houston, Texas, Cabot is a prominent independent natural gas producer, with its entire resource base located within the continental United States.
Cabot Oil & Gas Corporation (NYSE: COG) reported Q3 2020 results amid challenging natural gas prices, with daily production at 2,406 Mmcfe. The company faced a net loss of $15 million, compared to a $90 million net income last year. Natural gas price realizations fell 26% to $1.57 per Mcf. Despite lower revenues, Cabot anticipates generating $125-$150 million in free cash flow for Q4 2020. The company reaffirmed production guidance for Q4 2020 and preliminary guidance for 2021, indicating a focus on maintaining production and shareholder returns.
Cabot Oil & Gas Corporation (NYSE: COG) has declared a regular dividend of $0.10 per share, set to be paid on November 23, 2020. Shareholders of record as of November 12, 2020, will receive this dividend. Cabot is a prominent independent natural gas producer, with operations entirely based in the continental United States.
Cabot Oil & Gas Corporation (NYSE: COG) provided a Q3 2020 operational update and revised 2020 guidance. The company initiated a curtailment program on September 18 due to declining regional natural gas prices, resulting in a daily curtailment of approximately 372 Mmcfe. Q3 production is expected at 2,406 Mmcfe/day with natural gas price realizations averaging $1.57/Mcf. For Q4, production is guided at 2,300 to 2,350 Mmcfe/day. Looking ahead, Cabot is optimistic about improved natural gas prices in 2021, projecting substantial free cash flow and enhanced shareholder returns.
Cabot Oil & Gas Corporation (NYSE: COG) will release its financial and operating results for Q3 2020 on October 29, 2020, after market closes. A conference call is scheduled for October 30, 2020, at 9:30 a.m. ET. Investors can access a live audio webcast via the Company's website, with a replay available post-call. Cabot, based in Houston, Texas, is a prominent independent natural gas producer in the continental U.S.
Cabot Oil & Gas (COG) reported Q2 2020 results, highlighting production of 2,229 Mmcfe/day, exceeding guidance. Despite lower natural gas prices, the company anticipates improved demand and supply constraints may boost prices this winter. Q2 net income fell to $30.4M ($0.08/share), down from $181M ($0.43/share) year-over-year. Adjusted net income also declined significantly. Free cash flow was negative at ($63.3M), attributed to lower realized prices. However, Cabot expects production increases and improved cash flow in the second half of 2020, with guidance reaffirmed at 2,350 to 2,375 Mmcfe/day.
