Earnings Reports

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British Oil major BP PLC reported better than expected second quarter earnings Tuesday. $BP have been continuing it's share buy back program. $BP reports ahead of fellow majors $XOM, $CVX and RDSA earnings, $COP  and $TOT reported last week.

Transocean, the world’s largest offshore drilling contractor and leading provider of drilling management services reported better than expected third quarter results Monday delivering a profit, rather than an expected loss.

Viper Energy Partners LP, a subsidiary of Diamondback energy reported weaker than expected third quarter earnings after the market close Monday. $VNOM surpassed $1 billion in aquistions since it's IPO four years ago. The company raised production guidance.

Shale oil and gas play Cabot Oil & Gas announced better than expected Q4 earnings Friday. $COG announced a benefit from tax reform and forecast higher cash flow and production growth. The stock closed 2.43% Higher.

Houston based oil refiner Phillips 66 on Friday reported better than expected third quarter earnings as refining and petrochemical revenues strengthened. $PSX is diversifying from refining in both it's chemical and pipeline sectors. 

Retail monster Amazon.com reported mixed third quarter earnings Thursday, beating on EPS and missing on revenue. $AMZN cloud division AWS continues to dominate. Since reaching a new ATH of $2, 050.50 and a $1 trillion market cap $AMZN shares have fallen around $400.

FANG member, internet monsters Alphabet, owner of Google reported mixed third quarter earnings, beating EPS but missing on revenue forecasts. Home Hub, recent Google next-generation Pixel smartphones, Pixel 3 and 3XL outlooks are key.

ConocoPhillips reported better than expected third quarter earnings before the market opened Thursday. Houston based $COP is the largest U.S. based independent exploration and production firm based on production volumes. 

Social media company Twitter reported better than expected third quarter earnings Thursday beating on revenue and earnings sending the stock up 14% in a short pre-market.  Concern is about rising traffic aquisition costs and user retention remains however. 

French major Total SA reported third quarter earnings befoe the open Thursday announcing record production and guiding production higher for the third time this year. All $TOT divisions are performing better than expected.

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