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- Written by ThePitBoss
- Category: Earnings Reports
Carrizo Oil and Gas reported better than expected earnings after the close Monday $CRZO last year paid $DVN $215 million to increase it's Delaware basin acerage for $215 million and as expected announced record production.
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- Written by ThePitBoss
- Category: Earnings Reports
Pure Fracking play Keane Group reported fourth quarter earnings after the close Monday, however with lower revenue. $FRAC footprint is in the Permian Basin, Marcellus Shale/Utica Shale, the SCOOP/STACK Formation and the Bakken Formation.
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- Written by Helmholtz Watson
- Category: Forex
With a weaker Chinese economy, and a debt burden expected to rise by three to four percentage points of GDP shadow banking practices should be a concern; However both rating agency Fitch and Morgan Stanley downplay the risk believing the debt is now more transparent.
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- Written by Super Harley
- Category: Earnings Reports
Chinese video streaming company iQiyi, known as China's Netflix reported better than expected fourth quarter earnings Thursday after the close seeing the stock gain 22%. Losses were again huge, over US$500 million for the quarter, but revenue soared 55% exciting investors.
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- Written by TradersCom
- Category: Oil & Energy
U.S. oil rigs in service fell 4 this week as U.S.oil production hit another all time high of 12.00 million bpd. US Natural gas rigs were unchanged Oil rigs fell 8 in Canada and Canadian natural gas rigs fell 4 with the freezing weather.
