The Houston company reported earnings of 36 cents a share on revenue of $534.1 million. Analysts were expecting the company to report 34 cents and $494.3 million.
Cabot delivered "positive free-cash-flow generation, improved return on capital employed, and disciplined growth in per-share metrics, while continuing to return capital to shareholders through ... dividends and opportunistic share repurchases," Chief Executive Dan Dinges said in a statement.
The company lowered its full-year production guidance to a range of 16% to 18% from its previous guidance of 20% growth.
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