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The company has reported operating revenues of $207.02 million for the third quarter of 2009, compared to $244.82 million for the same quarter of 2008.
Cabot Oil & Gas has reported a net income of $112 million, or $1.08 per share, for the first nine months ended September 30, 2009, compared to $167.6 million, or $1.68 per share, for the corresponding period of 2008.
Year-to-date operating revenues were $645.78 million, compared to $713.32 million for the first nine months of 2008.
Dan Dinges, chairman, president and CEO of Cabot Oil & Gas, said: "In light of the general market conditions for natural gas, the metrics are very good. These results include a 5% increase in third quarter 2009 equivalent production over the third quarter of 2008."
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