Cabot Oil & Gas’s revenue and net profit margin
Cabot Oil & Gas’s (COG) 3Q16 revenue fell ~11.0% YoY (year-over-year). Its YoY revenue growth was -31.0% in 3Q15 and -7.0% in 2Q16.
In comparison, Cabot Oil & Gas’s upstream peers Noble Energy (NBL) and Chesapeake Energy (CHK) saw YoY revenue growth of 5.2% and -43.0%, respectively, in 2Q16. These companies haven’t released their 3Q16 earnings yet. EQT (EQT) saw YoY revenue growth of ~10.0% in 3Q16.
Cabot also saw a fall in its net profit margin. In 3Q16, its margin was -3.5%. It was -5.0% in 3Q15 and -22.0% in 2Q16.