Earnings Reports

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Royal Dutch Shell, Europe's largest oil company reported weaker than expected third quarter results Thursday, However with cash flow surging from higher oil prices $RDS.A anounced they will increase buybacks in stock.

Independant energy producer and shale exploration company Matador Resources reported better than expected third quarter earnings after the close Wednesday. The $MTDR main focus is the Wolfcamp and Bone Spring plays in the Delaware Basin.

Independent energy company Apache Corp reported better than expected third quarter earnings after the close Wednesday. $APA also raised it's production outlook with record Permian production.

WPX Energy reported worse than expected third quarter earnings after the close Wednesday. $WPX profit was affected by NGL sales with  165,000 barrels placed into storage with a majority to be sold in the fourth quarter.

Pure Fracking play Keane Group reported better than expected third quarter earnings after the close Wednesday. $FRAC footprint is in the Permian Basin, Marcellus Shale/Utica Shale, the SCOOP/STACK Formation and the Bakken Formation.

Software giant Microsoft reported better than expected September quarter earnings Wednesday after the close. Cloud offerings, Azure infrastructure services, Office 365 productivity software and Dynamics enterprise software were all ahead of forecasts last quarter. 

Frack sand producer Hi-Crush Partners reported in-line third quarter earnings Tuesday. $HCLP had already cut it's guidance and dividend after acquiring it's general partner last week. Pricing for frac sand has backed off with the Permian bottleneck.

Electric vehicle and storage company Tesla reported better than expected earnings Wednesday with a surprise profit, two weeks earlier than markets expected. $TSLA achieved profitability and announced it's Model 3 was the best selling car in the US in terms of revenue.  

Independant oil and gas company Whiting Petroleum Corp reported better than expected third quarter earnings after the market close Tuesday. Production of oil equivalent came in at the high end of guidance.

The Woodlands, Texas oil and gas development company Andarko Petroleum reported mixed third quarter earnings after the close Tuesday. $APC's sales volumes of oil, natural gas and natural gas liquids were at high end of guidance.

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