$10.2 B

COG Mkt cap, 10-Jun-2019

$641.7 M

Cabot Oil & Gas Revenue Q1, 2019
Cabot Oil & Gas Net income (Q1, 2019)262.8 M
Cabot Oil & Gas EBIT (Q1, 2019)353 M
Cabot Oil & Gas Cash, 31-Mar-2019314.9 M
Cabot Oil & Gas EV11.1 B

Cabot Oil & Gas Income Statement

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.7b2.2b1.4b1.2b1.8b2.2b

Revenue growth, %

24%(38%)(15%)

R&D expense

18.2m27.5m27.7m21.5m113.8m

General and administrative expense

104.6m69.4m87.2m97.8m96.6m

Operating expense total

1.2b1.5b1.7b1.8b1.4b

Depreciation and amortization

651.1m622.2m590.1m568.8m417.5m

EBIT

550.5m106.2m(90.4m)(566.6m)(151.3m)771.8m

EBIT margin, %

32%5%(7%)(49%)(9%)35%

Interest expense

73.8m96.9m88.3m82.1m73.2m

Pre tax profit

485.5m32.4m(187.3m)(659.6m)(228.4m)698.1m

Income tax expense

205.8m(72.1m)(73.4m)(242.5m)(328.8m)141.1m

Net Income

279.8m104.5m(113.9m)(417.1m)100.4m557.0m

Cabot Oil & Gas Balance Sheet

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

23.4m21.0m514.0k498.5m480.0m2.3m

Accounts Receivable

222.5m239.0m120.2m191.0m216.0m362.4m

Inventories

17.5m14.0m17.0m13.3m8.0m11.1m

Current Assets

378.9m413.4m144.8m715.9m765.0m544.5m

Total Assets

5.0b5.4b5.3b5.1b4.7b4.2b

Accounts Payable

288.8m400.1m160.4m168.4m238.0m241.9m

Short-term debt

20.0m304.0m

Current Liabilities

407.9m499.0m235.6m257.8m630.1m287.3m

Long-term debt

1.1b1.8b2.0b1.2b1.2b

Total Debt

1.1b2.0b1.5b1.2b

Total Liabilities

2.8b3.3b2.6b2.2b2.1b

Common Stock

47.6m47.6m

Additional Paid-in Capital

710.9m710.4m722.0m1.7b1.7b1.8b

Retained Earnings

1.6b1.7b1.6b1.1b1.2b1.6b

Total Equity

2.2b2.1b2.0b2.6b2.5b2.1b

Debt to Equity Ratio

1 x0.6 x

Debt to Assets Ratio

0.4 x0.3 x

Financial Leverage

2.3 x2.5 x2.6 x2 x1.9 x2 x

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Cash

27.9m25.4m45.6m310.0m13.9m15.2m8.8m579.3m517.5m501.2m537.5m516.5m510.3m964.9m741.0m316.1m314.9m

Accounts Receivable

178.5m245.1m212.1m191.3m185.3m138.4m119.7m100.9m118.0m121.3m192.8m177.3m161.7m170.0m180.5m222.8m220.7m

Inventories

20.8m10.4m11.9m13.7m14.1m20.4m18.3m15.9m15.0m13.5m12.1m11.1m13.0m12.4m20.5m12.5m18.3m

Current Assets

289.8m373.8m306.1m587.9m349.4m255.0m215.4m720.7m659.2m655.6m748.3m735.8m718.0m1.2b987.4m619.9m680.2m

Total Assets

5.0b5.1b5.2b5.8b5.5b5.5b5.5b5.7b5.6b5.5b5.2b5.2b5.1b4.5b4.4b4.2b4.5b

Accounts Payable

335.3m297.7m255.7m379.8m321.2m218.6m191.3m148.0m142.5m160.1m183.3m183.6m160.8m174.7m236.0m263.6m204.5m

Short-term debt

75.0m20.0m20.0m20.0m237.0m304.0m304.0m67.0m

Current Liabilities

399.3m432.6m362.1m432.8m402.7m278.9m265.6m199.4m228.5m196.8m224.4m234.4m438.2m510.5m590.7m366.1m240.3m

Long-term debt

1.2b1.2b1.2b1.6b1.9b2.0b2.0b1.6b1.5b1.5b1.5b1.5b1.3b1.2b1.2b1.2b1.2b

Total Debt

1.2b1.2b1.2b1.6b1.9b2.0b2.0b20.0m20.0m1.5b1.5b1.5b1.5b1.5b1.3b1.2b

Total Liabilities

2.7b2.9b2.8b3.4b3.3b3.4b3.4b2.8b2.7b2.7b2.5b2.6b2.5b2.1b2.2b2.1b2.2b

Common Stock

47.7m

Additional Paid-in Capital

698.4m714.0m723.2m713.1m711.2m717.3m716.9m1.7b1.7b1.7b1.7b1.7b1.7b1.7b1.7b1.8b1.8b

Retained Earnings

1.6b1.7b1.8b1.9b1.7b1.7b1.7b1.5b1.4b1.4b1.2b1.2b1.2b1.3b1.3b1.4b1.8b

Total Equity

2.3b2.3b2.4b2.2b2.1b2.1b2.9b2.9b2.9b2.7b2.6b2.6b2.4b2.2b2.1b2.3b

Debt to Equity Ratio

0.5 x0.5 x0.9 x1 x0 x0 x0.6 x0.7 x0.6 x

Debt to Assets Ratio

0.2 x0.2 x0.3 x0.4 x0.4 x0 x0 x0.3 x0.3 x0.3 x

Financial Leverage

2.2 x2.3 x2.2 x2.5 x2.6 x2.6 x1.9 x1.9 x1.9 x1.9 x2 x1.9 x1.9 x2 x2 x1.9 x

Cabot Oil & Gas Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

279.8m104.5m(113.9m)(417.1m)100.4m557.0m

Depreciation and Amortization

651.1m632.8m622.2m590.1m568.8m417.5m

Accounts Receivable

(49.4m)(12.0m)112.4m(71.1m)(25.0m)(146.9m)

Inventories

(3.0m)3.4m(3.0m)3.0m1.3m(3.9m)

Accounts Payable

(22.9m)(64.5m)(2.6m)(75.0k)(7.5m)

Cash From Operating Activities

1.0b1.2b740.7m392.4m898.2m1.1b

Purchases of PP&E

(214.7m)(16.3m)

Cash From Investing Activities

(918.2m)(1.7b)(993.3m)(353.2m)(706.2m)(293.4m)

Long-term Borrowings

(895.0m)(1.4b)(604.0m)(587.0m)(455.0m)

Dividends Paid

(25.2m)(33.3m)(33.1m)(36.2m)(78.8m)(111.4m)

Cash From Financing Activities

426.0m232.2m458.9m(210.5m)(1.3b)

Income Taxes Paid

29.0m(34.3m)(711.0k)(6.0m)(46.4m)(59.6m)

Free Cash Flow

(170.2m)2.7b(214.9m)17.2m133.6m210.4m

Quarterly

USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Net Income

69.9m107.0m225.5m326.2m40.3m12.7m(2.8m)(51.2m)(114.1m)(124.4m)105.7m127.2m144.8m117.2m159.7m282.0m262.8m

Depreciation and Amortization

169.0m147.4m305.0m459.0m175.5m328.0m472.3m161.9m309.4m448.9m135.1m279.4m425.7m82.1m167.0m288.2m92.3m

Accounts Receivable

(23.4m)9.6m30.4m185.3m99.9m112.7m19.4m2.1m(1.1m)(1.7m)13.7m29.3m50.2m38.9m(7.3m)141.7m

Inventories

7.1m5.6m3.7m14.1m(6.4m)(4.3m)1.1m1.4m2.9m1.2m(4.0k)(2.1m)(4.3m)(12.4m)(5.3m)(7.2m)

Accounts Payable

(16.1m)(39.1m)(9.7m)321.2m(65.0m)(83.4m)148.0m142.5m17.6m(15.4m)(311.0k)(15.3m)(15.3m)(215.0k)(18.5m)(12.9m)

Cash From Operating Activities

255.4m584.9m943.3m438.6m585.0m62.1m147.2m252.6m269.4m529.9m719.0m272.8m546.7m788.9m585.3m

Purchases of PP&E

(15.8m)(16.3m)(16.3m)

Cash From Investing Activities

(336.1m)(612.5m)(977.3m)(668.5m)(849.6m)(54.1m)(127.7m)(220.1m)(215.8m)(405.5m)(577.5m)454.9m196.7m(44.8m)(195.1m)

Long-term Borrowings

(291.0m)(565.0m)(1.3b)(399.0m)(505.0m)(503.0m)(567.0m)(587.0m)(237.0m)(102.0m)

Dividends Paid

(8.3m)(16.7m)(25.0m)(16.5m)(24.8m)(8.3m)(17.6m)(26.9m)(9.3m)(32.6m)(55.7m)(27.6m)(54.7m)(81.2m)(29.6m)

Cash From Financing Activities

82.8m49.8m320.7m224.2m252.4m570.8m497.5m468.2m(14.7m)(106.5m)(129.8m)(242.7m)(482.4m)(908.0m)(77.6m)

Income Taxes Paid

(16.9m)(23.4m)(23.4m)(2.2m)(10.2m)233.0k516.0k(11.2m)10.5m(6.2m)(16.7m)(24.6m)12.1m(14.4m)6.8m

Free Cash Flow

(83.3m)(32.7m)(21.5m)(206.5m)(234.9m)(30.1m)(12.2m)7.6m61.0m136.6m132.2m116.5m159.4m141.3m389.6m

Cabot Oil & Gas Ratios

USDY, 2019

EV/EBIT

31.6 x

EV/CFO

19 x

EV/FCF

28.6 x

Financial Leverage

1.9 x

Cabot Oil & Gas Operating Metrics

Cabot Oil & Gas's Gas Reserves, Tcf was reported to be 8.3 in FY, 2016.
FY, 2013FY, 2014FY, 2015FY, 2016

Gas Reserves, Tcf

5.30 7.08 7.86 8.28

Oil and Gas Reserves, MMboe

53.14 53.14 55.73 49.17

Cabot Oil & Gas Employee Rating

2.528 votes
Culture & Values
2.4
Work/Life Balance
3.0
Senior Management
2.3
Salary & Benefits
3.8
Career Opportunities
2.3
Source