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10:00AM New York - Constellation Energy Group Inc revenue fell 30.6% and net income was $4.4 billion. Cabot Oil & Gas Corporation revenue rose 0.4% and net income fell 16.7%.[/R]
Cabot Oil & Gas Corporation, an oil and gas company reported fourth quarter revenues rose 0.4% to $233.5 million from $232.5 million a year ago. Net income in the quarter fell 16.7% to $36.4 million or 35 cents per diluted share compared to net income of $43.7 million or 42 cents per share a year ago.
Revenues for the fiscal year 2009 fell 7% to $879.3 million from $945.8 million a year ago. Net income for the year fell 30% to $148.3 million or $1.43 per diluted share compared to net income of $211.3 million or $2.10 per share a year ago.
Cabot Oil & Gas Corporation (
COG: chart) in the last one year traded as high as $46.46 in January 2010 and as low as $17.84 in March 2009. Based on the Friday’s closing price of $41.32 the company has market cap of $4.28 billion.
Constellation Energy Group Inc, an energy company reported fourth quarter revenues fell 30.6% to $3.4 billion from $4.9 billion a year ago. Net income in the quarter was $4.4 billion or $21.96 per diluted share compared to net loss of $1.4 billion or $7.75 per share a year ago.
Revenues for the fiscal year 2009 fell 21% to $15.6 billion from $19.7 billion a year ago. Net income for the year was $4.4 billion or $22.19 per diluted share compared to net loss of $1.3 billion or $7.34 per share a year ago.
Constellation Energy Group Inc (
CEG: chart) in the last one year traded as high as $36.55 in December 2009 and as low as $15.05 in March 2009. Based on the Friday’s closing price of $34.58 the company has market cap of $6.95 billion.
Quanta Services, Inc, the provider of specialty contracting services reported fourth quarter revenues rose 7% to $985.4 million from $921.5 million a year ago. Net income in the quarter fell 5.6% to $43.9 million or 21 cents per diluted share compared to net income of $46.5 million or 24 cents per share a year ago.
Revenues for the fiscal year 2009 fell 12% to $3.32 billion from $3.78 billion a year ago. Net income for the year rose 3% to $162.2 million or 81 cents per diluted share compared to net income of $157.6 million or 87 cents per share a year ago.
Quanta Services, Inc (
PWR: chart) in the last one year traded as high as $25.80 in June 2009 and as low as $15.84 in February 2009. Based on the Friday’s closing price of $17.88 the company has market cap of $3.75 billion.