- Details
- Written by ThePitBoss
- Category: Earnings Reports
Independent oil and natural gas company EOG Resources reported fourth quarter earnings after the market close Tuesday that missed on the bottom line but beat in revenues. $EOG as expected was hurt by production constraints in the Permian pipeline bottleneck but still exceeded production midpoints.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Sempra Energy reported better than expected fourth quarter earnings Tuesday on the the bootom and top lines. Last quarter $SRE announced a new partnership with Total on Cameron LNG, investors will be looking for more updates there and how Oncor is developing.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Houston based Cheniere Energy reported mixed fourth quarter earnings Tuesday, missing on the top line but beating revenues by over $500 million. $LNG last quarter gained from higher LNG revenue, and the natural gas company raised guidance for global demand.
- Details
- 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.
- Details
- 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.
- Details
- 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.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Permian operator Parsley Energy $PE reported worse than expected fourth quarter earnings Thursday after the close. $PE said with recent commodity price trends it has reduced rig and frac spread counts and intends to reduce its 2019 capital leasing and acquisition spend.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Gold and copper producer Newport Mining reported better than expected fourth quarter earnings Thursday with steady gold and copper production and lower operational costs. NEM agreed to acquire Goldcorp (GG) for $10 billion in an all-stock deal last month.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Independent oil and gas company Concho Resources reported worse than expected fourth quarter earnings Tuesday. $CXO is the biggest Permian Basin pure-play company in terms of unconventional oil and gas production after its takeover of RSP Permian.
- Details
- Written by ThePitBoss
- Category: Earnings Reports
Shale play Devon Energy reported mixed fourth quarter earnings after the market with plans to separate its Canadian and Barnett Shale assets. $DVN also announced it is adding $5 billion to its stock buyback plan and raised its quarterly dividend to 9 cents per share.
