Cabot Oil & Gas Corporation (COG) financial statements (2021 and earlier)

Company profile

Business Address 840 GESSNER ROAD, SUITE 1400
HOUSTON, TX 77024
State of Incorp. DE
Fiscal Year End December 31
SIC 1311 - Crude Petroleum and Natural Gas (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments140011720320082241
Cash and cash equivalents140011720320082241
Restricted cash and investments  12    
Receivables221294273292209159183
Inventory, net of allowances, customer advances and progress billings15151818141819
Inventory15151818141819
Derivative instruments and hedges, assets26 411602661
Other current assets2231234
Other undisclosed current assets1212 12143133122
Total current assets:416323464542568422631
Noncurrent Assets
Property, plant and equipment4,0454,0354,0023,9203,8563,7883,700
Long-term investments and receivables     169166
Long-term investments     169166
Other noncurrent assets63626160636467
Total noncurrent assets:4,1084,0974,0643,9803,9194,0213,932
TOTAL ASSETS:4,5244,4194,5284,5224,4874,4434,564
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities202186206212241208234
Accounts payable162152162184190173185
Accrued liabilities22282521312829
Interest and dividends payable18620720720
Debt1881881751758787 
Derivative instruments and hedges, liabilities 12     
Total current liabilities:390386381387328295234
Noncurrent Liabilities
Long-term debt and lease obligation9469741,0451,0451,1331,1331,220
Long-term debt, excluding current maturities9469741,0451,0451,1331,1331,220
Liabilities, other than long-term debt972941935921875154154
Asset retirement obligations85847977725754
Deferred income tax liabilities774748754746702  
Liability, pension and other postretirement and postemployment benefits31343433332929
Other liabilities81756865686871
Other undisclosed noncurrent liabilities     647611
Total noncurrent liabilities:1,9181,9151,9811,9672,0081,9341,985
Total liabilities:2,3082,3012,3622,3542,3362,2292,219
Stockholders' equity
Stockholders' equity attributable to parent2,2162,1182,1662,1682,1512,2142,345
Common stock48484848484848
Treasury stock, value(1,823)(1,823)(1,823)(1,823)(1,823)(1,651)(1,460)
Additional paid in capital1,8041,8001,7931,7851,7821,7761,769
Accumulated other comprehensive income2111144
Retained earnings2,1842,0932,1482,1572,1432,0371,984
Total stockholders' equity:2,2162,1182,1662,1682,1512,2142,345
TOTAL LIABILITIES AND EQUITY:4,5244,4194,5284,5224,4874,4434,564

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues457291332386461429534
Cost of revenue(264)(270)(250)(265)(21)(19)(18)
Cost of goods and services sold(19)(20)(17)(17)(21)(19)(18)
Gross profit:1932182122440410516
Operating expenses(30)(28)(28)(36)(308)(303)(287)
Other undisclosed operating income (loss)(0)0(0)0912322
Operating income (loss):163(8)5486222130251
Nonoperating expense
(Other Nonoperating expense)
(0)(0)(0)(0)(0)(0)(0)
Interest and debt expense(1)  (1)(1)  
Income (loss) from continuing operations before equity method investments, income taxes:162(8)5486221130251
Other undisclosed loss from continuing operations before income taxes(10)(14)(15)(13)(14)(14)(15)
Income (loss) from continuing operations before income taxes:152(22)3972207116236
Income tax expense (benefit)(21)7(9)(18)(60)(26)(55)
Net income (loss) available to common stockholders, diluted:131(15)305414790181

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income (loss):131(15)305414790181
Other comprehensive loss (0) (0) (0)(0)
Other undisclosed comprehensive income (loss)1   (3)  
Comprehensive income (loss), net of tax, attributable to parent:132(15)305414490181

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: