| Address:
|
1200 ENCLAVE PARKWAY
|
| City: |
HOUSTON |
|
State: |
TX |
|
Zip Code: |
77077 |
| Telephone: |
281-589-4600 |
|
Description of Business
|
Primary SIC Code:
1311 |
| (As filed with the SEC)
|
|
|
Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the
development, exploitation and exploration of oil and gas properties located in
the United States. In 2009, we restructured our operations by combining our
Rocky Mountain and Appalachian areas to form the North region and combining the
Anadarko Basin with our Texas and Louisiana areas to form the South region.
Certain prior period amounts and historical descriptions have been reclassified
to reflect this reorganization. Operationally, we now have two primary regional
offices located in Houston, Texas and Pittsburgh, Pennsylvania.
In 2010, natural gas prices decreased from the price levels experienced during
2009, while crude oil prices increased. Our 2010 average realized natural gas
price was $5.54 per Mcf, 26% lower than the 2009 average realized price of $7.47
per Mcf. Our 2010 average realized crude oil price was $97.91 per Bbl, 14%
higher than the 2009 average realized price of $85. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 0.34 | 0.015 | 89.72 | | 06/2011 | 0.57 | 0.015 | 58.17 | | 03/2011 | 0.42 | 0.015 | 63.82 | | 12/2010 | 0.49 | 0.015 | 38.62 | | 09/2010 | 0.44 | 0.015 | 34.61 | | 06/2010 | 0.60 | 0.015 | 26.10 | | 03/2010 | 0.62 | 0.015 | 29.92 | | 12/2009 | 0.71 | 0.015 | 30.70 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | 0.14 | Total Liab/Total Assets | 0.53 | | Net Inc/Total Assets | 0.03 | Total Liab/Inv Cap | 0.58 | | Net Inc/Inv Cap | 0.03 | Total Liab/Comm Equity | 2.93 | | Pretax Inc/Net Sales | 0.24 | Interest Coverage Ratio | 3.92 | | Net Inc/Net Sales | 0.12 | Curr Debt/Equity | NA | | Cash Flow/Net Sales | 0.57 | LTD/Equity | 0.52 | | SG&A/NetSales | 0.14 | Total Debt/Equity | 0.52 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 9.19 | Quick Ratio | 0.57 | | Inventory Turnover | 5.42 | Current Ratio | 0.67 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.47 | | Net Sales/Work Cap | -8.37 | Inv/Curr Assets | 0.15 | | Net Sales/PP&E | 0.22 | | |
Income Statement (Millions) |
| |
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
262.12
|
240.70
|
209.03
|
203.39
|
|
Cost of Goods Sold
|
55.26
|
48.45
|
55.24
|
25.48
|
|
Selling & Admin Exps
|
34.99
|
31.88
|
32.45
|
36.26
|
|
Operating Income
|
65.23
|
105.10
|
37.91
|
131.51
|
|
Interest Exp
|
18.52
|
18.04
|
17.37
|
20.50
|
|
Pretax Income
|
46.72
|
88.57
|
19.02
|
111.01
|
|
Other Income
|
3.85
|
34.07
|
-1.52
|
100.88
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
28.48
|
54.68
|
12.89
|
49.11
|
|
Assets
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
62.93
|
39.31
|
24.90
|
55.95
|
|
Receivables - Total
|
111.77
|
125.21
|
93.91
|
94.49
|
|
Inventories - Total
|
28.30
|
24.04
|
20.81
|
29.67
|
|
Total Current Assets
|
310.04
|
235.84
|
161.54
|
203.01
|
|
Net Property, Plant & Equipment
|
4,103.32
|
3,967.72
|
3,847.05
|
3,762.76
|
|
Total Assets
|
4,472.40
|
4,250.16
|
4,048.41
|
4,005.03
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
288.98
|
286.72
|
241.70
|
303.84
|
|
Debt in Current Liabilities
|
NA
|
NA
|
NA
|
NA
|
|
Total Current Liabilities
|
288.98
|
286.72
|
241.70
|
303.84
|
|
Long-Term Debt
|
1,205.00
|
1,095.00
|
1,055.00
|
975.00
|
|
Total Liabilities
|
2,429.23
|
2,283.96
|
2,162.39
|
2,132.33
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
10.45
|
10.45
|
10.45
|
10.42
|
|
Retained Earnings
|
1,235.06
|
1,209.71
|
1,158.16
|
1,148.39
|
|
Treasury Stock
|
-3.35
|
-3.35
|
-3.35
|
-3.35
|
|
Total Stockholders' Equity
|
2,043.17
|
1,966.20
|
1,886.02
|
1,872.70
|
|
Total Liabilities and Stockholders' Equity
|
4,472.40
|
4,250.16
|
4,048.41
|
4,005.03
|
Cash Flow Summary (Millions) |
|
Categories
|
9/30/2011
|
6/30/2011
|
3/31/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
154.67
|
129.49
|
91.21
|
117.42
|
|
Net Cash Provided by Investing Activities
|
-237.00
|
-151.75
|
-198.13
|
23.35
|
|
Net Cash Provided by Financing Activities
|
105.95
|
36.68
|
75.86
|
-122.41
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 761.99 | 321.18 | 0.82 | | 12/2007 | 732.17 | 167.42 | 0.86 | | 12/2008 | 945.79 | 211.29 | 1.04 | | 12/2009 | 879.28 | 148.34 | 0.71 | | 12/2010 | 844.04 | 103.39 | 0.49 | | Growth Rates | 2.59 | -24.68 | -12.08 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 386 | 197,513 | 94.51 |
|
Report Date :
1/30/2012
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