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Cabot Unveils 2015 Guidance; Details Third Quarter Results

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Cabot Unveils 2015 Guidance; Details Third Quarter Results

Cabot Oil & Gas Corporation reported continued strong financial and operating results for the third quarter of 2014 including establishing new record highs for several key metrics. Highlights for the quarter include:

Production of 132.4 billion cubic feet equivalent (Bcfe), an increase of 24 percent over last year's comparable quarter Liquids production (crude oil/condensate/natural gas liquids) of 961,000 barrels (Bbls), an increase of 7 percent over last year's comparable quarter as reported and an increase of 32 percent pro forma for last year's Mid-Continent and West Texas asset sales Net income excluding selected items of $85.0 million, an increase of 14 percent over last year's comparable quarter Cash flow from operations of $358.3 million, an increase of 29 percent over last…
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