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QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
 12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
CABOT OIL & GAS CORPORATION
SELECTED DATA
QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
(In thousands, except per share amounts)FirstSecondThirdFourthTotal
2020     
Operating revenues$386,457 $332,348 $291,041 $456,778 $1,466,624 
Operating income (loss)
86,401 53,716 (7,533)162,892 295,476 
Net income (loss)
53,910 30,374 (14,961)131,206 200,529 
Basic earnings (loss) per share
0.14 0.08 (0.04)0.33 0.50 
Diluted earnings (loss) per share
0.13 0.08 (0.04)0.33 0.50 
2019     
Operating revenues$641,681 $534,117 $429,111 $461,368 $2,066,277 
Earnings on equity method investments (1)
3,684 3,650 3,860 69,302 80,496 
Operating income352,959 250,805 129,777 222,209 955,750 
Net income262,763 181,009 90,358 146,940 681,070 
Basic earnings per share0.62 0.43 0.22 0.36 1.64 
Diluted earnings per share0.62 0.43 0.22 0.36 1.63 
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(1) Earnings on equity method investments in the fourth quarter of 2019 includes a gain on sale of $75.8 million associated with the Company's sale of its equity investment in Meade.