Cabot Oil & Gas (COG +5.6%) shares are on the move after the oil and gas company says Q1...

|About: Cabot Oil & Gas Corporation (COG)|By:, SA News Editor

Cabot Oil & Gas (COG +5.6%) shares are on the move after the oil and gas company says Q1 profit rose 42% as stronger production continued to offset the effect of unfavorable prices. Q1 EPS was $0.14 excluding non-recurring items, in-line with consensus; revenues rose 30.2% Y/Y to $272M vs. $282M consensus.