Cabot Oil & Gas COG reported Tuesday financial results for the second quarter of 2012. Highlights for the second quarter of 2012 include:
Production of 62.8 Bcfe, an increase of 40 percent over last year's comparable quarter and a 5 percent increase over the first quarter of 2012.
Net income of $35.9 million, or $0.17 per share.
Net income excluding selected items of $10.2 million, or $0.05 per share.
Cash flow from operations of $159.4 million and discretionary cash flow of $142.1 million.
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Net income excluding selected items of $10.2 million, or $0.05 per share.
Cash flow from operations of $159.4 million and discretionary cash flow of $142.1 million.
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