10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000858470-21-000022 |
| Period End Date | 20210331 |
| Filing Date | 20210430 |
| Fiscal Year | 2021 |
| Fiscal Period | Q1 |
| XBRL Instance | cog-20210331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Common stock, authorized (shares) |
CommonStockSharesAuthorized
|
960.00M | shares | Point-in-time |
| Common stock, authorized (shares) |
CommonStockSharesAuthorized
|
960.00M | shares | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.10 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$140.11M | USD | Point-in-time |
| Common stock, issued (shares) |
CommonStockSharesIssued
|
477.83M | shares | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$173.66M | USD | Point-in-time |
| Common stock, issued (shares) |
CommonStockSharesIssued
|
478.38M | shares | Point-in-time |
| Treasury stock (shares) |
TreasuryStockShares
|
78.96M | shares | Point-in-time |
| Treasury stock (shares) |
TreasuryStockShares
|
78.96M | shares | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.58M | USD | Point-in-time |
| Restricted cash |
RestrictedCashAndCashEquivalents
|
$11.58M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$214.72M | USD | Point-in-time |
| Accounts receivable, net |
AccountsReceivableNetCurrent
|
$197.84M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$2.56M | USD | Point-in-time |
| Income taxes receivable |
IncomeTaxesReceivable
|
$6.17M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$15.87M | USD | Point-in-time |
| Inventories |
InventoryNet
|
$15.27M | USD | Point-in-time |
| Derivative instruments |
DerivativeAssetsCurrent
|
$26.21M | USD | Point-in-time |
| Derivative instruments |
DerivativeAssetsCurrent
|
$9.57M | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$832.00K | USD | Point-in-time |
| Other current assets |
OtherAssetsCurrent
|
$1.65M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$415.71M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$411.92M | USD | Point-in-time |
| Properties and equipment, net (Successful efforts method) |
PropertyPlantAndEquipmentNet
|
$4.04B | USD | Point-in-time |
| Properties and equipment, net (Successful efforts method) |
PropertyPlantAndEquipmentNet
|
$4.08B | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$63.21M | USD | Point-in-time |
| Other assets |
OtherAssetsNoncurrent
|
$63.51M | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.55B | USD | Point-in-time |
| TOTAL ASSETS |
Assets
|
$4.52B | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$169.10M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$162.08M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$100.00M | USD | Point-in-time |
| Current portion of long-term debt |
LongTermDebtCurrent
|
$188.00M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$21.24M | USD | Point-in-time |
| Accrued liabilities |
AccruedLiabilitiesCurrent
|
$22.37M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
$19.89M | USD | Point-in-time |
| Income taxes payable |
TaxesPayableCurrent
|
- | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$17.77M | USD | Point-in-time |
| Interest payable |
InterestPayableCurrent
|
$4.86M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$315.09M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$390.23M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$946.12M | USD | Point-in-time |
| Long-term debt, net |
LongTermDebtNoncurrent
|
$945.92M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$786.53M | USD | Point-in-time |
| Deferred income taxes |
DeferredIncomeTaxLiabilitiesNet
|
$774.20M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$85.49M | USD | Point-in-time |
| Asset retirement obligations |
AssetRetirementObligationsNoncurrent
|
$87.41M | USD | Point-in-time |
| Postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$31.20M | USD | Point-in-time |
| Postretirement benefits |
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
|
$30.71M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$81.28M | USD | Point-in-time |
| Other liabilities |
OtherLiabilitiesNoncurrent
|
$78.53M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.24B | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$2.31B | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and contingencies |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$47.78M | USD | Point-in-time |
| Common stock |
CommonStockValue
|
$47.84M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.80B | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapitalCommonStock
|
$1.81B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.18B | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$2.27B | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.42M | USD | Point-in-time |
| Accumulated other comprehensive income |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$2.28M | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$1.82B | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$1.82B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.31B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.22B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.17B | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.15B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.55B | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.52B | USD | Point-in-time |
Income Statement
44 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Operating revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$472.92M | USD | 1 Quarter |
| Operating revenues |
RevenueFromContractWithCustomerExcludingAssessedTax
|
$370.39M | USD | 1 Quarter |
| (Loss) gain on derivative instruments |
GainLossOnSaleOfDerivatives
|
$-13.24M | USD | 1 Quarter |
| (Loss) gain on derivative instruments |
GainLossOnSaleOfDerivatives
|
$16.06M | USD | 1 Quarter |
| TOTAL OPERATING REVENUES |
Revenues
|
$459.68M | USD | 1 Quarter |
| TOTAL OPERATING REVENUES |
Revenues
|
$386.46M | USD | 1 Quarter |
| Direct operations |
DirectOperatingCosts
|
$17.24M | USD | 1 Quarter |
| Direct operations |
DirectOperatingCosts
|
$16.88M | USD | 1 Quarter |
| Transportation and gathering |
ResultsOfOperationsTransportationCosts
|
$136.70M | USD | 1 Quarter |
| Transportation and gathering |
ResultsOfOperationsTransportationCosts
|
$143.33M | USD | 1 Quarter |
| Taxes other than income |
TaxesExcludingIncomeAndExciseTaxes
|
$4.80M | USD | 1 Quarter |
| Taxes other than income |
TaxesExcludingIncomeAndExciseTaxes
|
$3.74M | USD | 1 Quarter |
| Exploration |
ExplorationExpense
|
$2.19M | USD | 1 Quarter |
| Exploration |
ExplorationExpense
|
$2.63M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$94.15M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$100.14M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$33.43M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$29.16M | USD | 1 Quarter |
| TOTAL OPERATING EXPENSES |
CostsAndExpenses
|
$284.31M | USD | 1 Quarter |
| TOTAL OPERATING EXPENSES |
CostsAndExpenses
|
$300.07M | USD | 1 Quarter |
| Loss on equity method investments |
IncomeLossFromEquityMethodInvestments
|
$-59.00K | USD | 1 Quarter |
| Loss on equity method investments |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$71.00K | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$71.00K | USD | 1 Quarter |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$86.40M | USD | 1 Quarter |
| INCOME FROM OPERATIONS |
OperatingIncomeLoss
|
$175.44M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-12.38M | USD | 1 Quarter |
| Interest expense, net |
InterestIncomeExpenseNet
|
$-14.21M | USD | 1 Quarter |
| Other expense |
OtherNonoperatingIncomeExpense
|
$-46.00K | USD | 1 Quarter |
| Other expense |
OtherNonoperatingIncomeExpense
|
$-66.00K | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$72.12M | USD | 1 Quarter |
| Income before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$163.01M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$36.66M | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$18.21M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$53.91M | USD | 1 Quarter |
| NET INCOME |
NetIncomeLoss
|
$126.35M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.14 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.32 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.31 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.13 | USD | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
399.12M | shares | 1 Quarter |
| Basic (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
398.34M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
401.81M | shares | 1 Quarter |
| Diluted (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
399.90M | shares | 1 Quarter |
Cash Flow Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
NetIncomeLoss
|
$53.91M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$126.35M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$94.15M | USD | 1 Quarter |
| Depreciation, depletion and amortization |
DepreciationDepletionAndAmortization
|
$100.14M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$44.04M | USD | 1 Quarter |
| Deferred income tax expense |
DeferredIncomeTaxExpenseBenefit
|
$12.37M | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$71.00K | USD | 1 Quarter |
| Gain on sale of assets |
GainLossOnSaleOfPropertyPlantEquipment
|
$71.00K | USD | 1 Quarter |
| Loss (gain) on derivative instruments |
DerivativeGainLossOnDerivativeNet
|
$16.06M | USD | 1 Quarter |
| Loss (gain) on derivative instruments |
DerivativeGainLossOnDerivativeNet
|
$-13.24M | USD | 1 Quarter |
| Net cash received in settlement of derivative instruments |
ProceedsfromPaymentsforDerivativeInstrumentOperatingActivities
|
- | USD | 1 Quarter |
| Net cash received in settlement of derivative instruments |
ProceedsfromPaymentsforDerivativeInstrumentOperatingActivities
|
$3.40M | USD | 1 Quarter |
| Loss on equity method investments |
IncomeLossFromEquityMethodInvestments
|
$-59.00K | USD | 1 Quarter |
| Loss on equity method investments |
IncomeLossFromEquityMethodInvestments
|
- | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$750.00K | USD | 1 Quarter |
| Amortization of debt issuance costs |
AmortizationOfFinancingCosts
|
$715.00K | USD | 1 Quarter |
| Stock-based compensation and other |
StockBasedCompensationExpenseAndOther
|
$15.77M | USD | 1 Quarter |
| Stock-based compensation and other |
StockBasedCompensationExpenseAndOther
|
$11.08M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-16.88M | USD | 1 Quarter |
| Accounts receivable, net |
IncreaseDecreaseInReceivables
|
$-73.33M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$23.51M | USD | 1 Quarter |
| Income taxes |
IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
|
$-26.76M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$4.32M | USD | 1 Quarter |
| Inventories |
IncreaseDecreaseInInventories
|
$600.00K | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-818.00K | USD | 1 Quarter |
| Other current assets |
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
$-916.00K | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$-23.71M | USD | 1 Quarter |
| Accounts payable and accrued liabilities |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$3.42M | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-12.91M | USD | 1 Quarter |
| Interest payable |
IncreaseDecreaseInInterestPayableNet
|
$-12.98M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$1.82M | USD | 1 Quarter |
| Other assets and liabilities |
IncreaseDecreaseInOtherOperatingCapitalNet
|
$111.00K | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$204.90M | USD | 1 Quarter |
| Net cash provided by operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$290.53M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToExploreAndDevelopOilAndGasProperties
|
$123.62M | USD | 1 Quarter |
| Capital expenditures |
PaymentsToExploreAndDevelopOilAndGasProperties
|
$148.70M | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$92.00K | USD | 1 Quarter |
| Proceeds from sale of assets |
ProceedsFromSaleOfPropertyPlantAndEquipment
|
$48.00K | USD | 1 Quarter |
| Investment in equity method investments |
PaymentsToAcquireEquityMethodInvestments
|
- | USD | 1 Quarter |
| Investment in equity method investments |
PaymentsToAcquireEquityMethodInvestments
|
$35.00K | USD | 1 Quarter |
| Proceeds from sale of equity method investments |
PaymentsToAcquireInterestInJointVenture
|
$9.42M | USD | 1 Quarter |
| Proceeds from sale of equity method investments |
PaymentsToAcquireInterestInJointVenture
|
- | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-123.53M | USD | 1 Quarter |
| Net cash used in investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-158.11M | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
- | USD | 1 Quarter |
| Repayments of debt |
RepaymentsOfLongTermDebt
|
$88.00M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$39.82M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$39.89M | USD | 1 Quarter |
| Tax withholdings on vesting of stock awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$6.31M | USD | 1 Quarter |
| Tax withholdings on vesting of stock awards |
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
$5.57M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-46.13M | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-133.46M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$33.55M | USD | 1 Quarter |
| Net increase in cash, cash equivalents and restricted cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$654.00K | USD | 1 Quarter |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$213.78M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$185.24M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$214.44M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$151.69M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$213.78M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$185.24M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$214.44M | USD | Point-in-time |
| Cash, cash equivalents and restricted cash, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$151.69M | USD | Point-in-time |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Cash dividends, per share (in dollars per share) |
CommonStockDividendsPerShareDeclared
|
$0.10 | USD | 1 Quarter |
| Balance at beginning of period |
StockholdersEquity
|
$2.31B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquity
|
$2.22B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquity
|
$2.17B | USD | Point-in-time |
| Balance at beginning of period |
StockholdersEquity
|
$2.15B | USD | Point-in-time |
| Net income |
NetIncomeLoss
|
$53.91M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$126.35M | USD | 1 Quarter |
| Stock amortization and vesting |
StockAmortizationAndVesting
|
$2.95M | USD | 1 Quarter |
| Stock amortization and vesting |
StockAmortizationAndVesting
|
$3.93M | USD | 1 Quarter |
| Cash dividends |
DividendsCommonStockCash
|
$39.82M | USD | 1 Quarter |
| Cash dividends |
DividendsCommonStockCash
|
$39.89M | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-136.00K | USD | 1 Quarter |
| Other comprehensive loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-137.00K | USD | 1 Quarter |
| Balance at end of period |
StockholdersEquity
|
$2.31B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquity
|
$2.22B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquity
|
$2.17B | USD | Point-in-time |
| Balance at end of period |
StockholdersEquity
|
$2.15B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.