 HOUSTON, July 30, 2021 PRNewswire -- Cabot Oil Gas Corporation NYSE: COG Cabot or the Company today reported financial and operating results for the second quarter of 2021. Second Quarter 2021 Highlights Net income of 30.5 million or 0.08 per share; adjusted net income non-GAAP of 105.5 million or 0.26 per share EBITDAX non-GAAP of 245.1 million Net cash provided by operating activities of 178.9 million; discretionary cash flow non-GAAP of 215.4 million; free cash flow non-GAAP of 64.1 million Return on capital employed ROCE non-GAAP for the trailing 12 months of 13.0 percent Net debt to trailing 12 months EBITDAX ratio non-GAAP of 0.9x; net debt to adjusted capitalization ratio non-GAAP of 27.9 percent Announced transformational merger with Cimarex Energy Co. Cimarex, creating a premier, diversified, free cash flow-focused energy company See the supplemental tables at the end of this press release for a reconciliation of non-GAAP measures, including adjusted net income, discretionary cash flow, EBITDAX, free cash flow, net debt to adjusted capitalization ratio, and ROCE. 