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Cabot Oil & Gas Corp
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Q1 2021 Earnings Presentation
| Dan Dinges | Page 3 of 11 |
December 20, 2025
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"Q1 2021 Earnings Presentation"
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CABOT CORPORATION ? Adjusted EPS (1) up 71% to a record of $1.18; Diluted EPS up 51% to $1.06 ? Strong volumes in the tire and automotive markets, as the recovery momentum continued globally ? Cabot well positioned to benefit from China growth ? Reinforcement Materials EBIT increased 87% year over year to a record high of $88M from improved pricing and product mix in Asia and in our calendar year 2020 customer agreements ? Performance Chemicals EBIT up 32% year over year due to higher volumes across the segment and strong product mix from automotive applications Q1 2021 OVERVIEW 3 1. Non-GAAP measure – See Appendix (in $ millions) Q1 2021 Q1 2020 Total Segment EBIT 1 $ 140 $ 86 Adjusted EBITDA 1 $ 166 $ 114 Dividends $ 20 $ 20 Operating Cash Flow $ 21 $ 105