| Income Statement for CABOT OIL & GAS CORP. (COG) | | | | | | | Income | in Thousands of Dollars | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Operating Revenue | 732,170 | 761,988 | 682,797 | 530,408 | 509,391 | | Adjustments to Revenue | 53,782 | 55,351 | 54,293 | 41,022 | 37,138 | | Cost of Revenue | (198,761) | (207,562) | (210,773) | (176,928) | (194,680) | | Gross Operating Profit | 479,627 | 499,075 | 417,731 | 312,458 | 277,573 | | | Selling/General/Admin Expense | (50,775) | (58,168) | (37,650) | (34,735) | (25,112) | | Research & Development | - | - | - | - | - | | EBITDA | 428,852 | 440,907 | 380,081 | 277,723 | 252,461 | | Depreciation & Amortization | (143,951) | (128,975) | (108,458) | (103,343) | (94,903) | | EBIT | 284,901 | 311,932 | 271,623 | 174,380 | 157,558 | | Interest Income | - | - | - | - | - | | Other Income, Net | 13,448 | 232,017 | 74 | (124) | 12,173 | | Total Income Avail For Interest Expense | 274,693 | 528,946 | 258,731 | 160,653 | 66,587 | | Interest Expense | (17,161) | (18,441) | (22,497) | (22,029) | (23,545) | | Pre-Tax Income | 257,532 | 510,505 | 236,234 | 138,624 | 43,042 | | Income Taxes | (90,109) | (189,330) | (87,789) | (50,246) | (15,063) | | Minority Interest | - | - | - | - | - | | Net Income from Continuing Operations | 167,423 | 321,175 | 148,445 | 88,378 | 27,979 | | Net Income from Discontinued Operations | - | - | - | - | - | | Net Income from Total Operations | 167,423 | 321,175 | 148,445 | 88,378 | 27,979 | | | Normalized Income | 191,079 | 336,178 | 161,411 | 101,981 | 131,123 | | Extraordinary Income | - | - | - | - | - | | Special Income/Charges | (23,656) | (15,003) | (12,966) | (13,603) | (103,144) | | Income from Cum. Effect of Acct Change | - | - | - | - | (6,847) | | Income from Tax Loss Carryforward | - | - | - | - | - | | Other Gains | - | - | - | - | - | | Total Net Income | 167,423 | 321,175 | 148,445 | 88,378 | 21,132 | | | Results | in Dollars (Preferred Dividends in Thousands) | | | 12/2007 | 12/2006 | 12/2005 | 12/2004 | 12/2003 | | | Dividends Paid Per Share | 0.11 | 0.08 | 0.07 | 0.05 | 0.05 | | Preferred Dividends | - | - | - | - | - | | | Basic EPS from Continuing Operations | 1.73 | 3.32 | 1.52 | 0.91 | 0.29 | | Basic EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Basic EPS from Total Operations | 1.73 | 3.32 | 1.52 | 0.91 | 0.29 | | | Diluted EPS from Continuing Operations | 1.73 | 3.26 | 1.50 | 0.90 | 0.29 | | Diluted EPS from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | | Diluted EPS from Total Operations | 1.73 | 3.26 | 1.50 | 0.90 | 0.29 | | | |
