Enservco Revenue up 44%, Strong Cash Position Primed For Soaring Oil and Gas Well Production

Oil and gas well site service company Enservco reported better than expected results last month with Q2 revenue up 44%.  $ENSV heads into a global energy crisis with soaring oil and gas prices with a strong cash position.

Diamondback Energy Takes a $2.54 Billion Impairment Charge From Oil and Gas Price Plunge

Texas independent oil and natural gas company Diamondback Energy reported better than expected adjusted second quarter earnings after the market close Monday. $FANG however took a $2.54 billion impairment charge against its oil and gas properties.

Diamondback Energy Earnings Beat, Cuts Capital Expenditure 40 Percent

Texas independent oil and natural gas company Diamondback Energy reported better than expected first quarter earnings after the market close Monday. $FANG said it will cut oil production further due to the demand collapse from the Covid-19 lockdown.

Diamondback Energy Earnings Miss As Production Falls With Asset Sales

Texas independent oil and natural gas company Diamondback Energy reported worse than expected third second quarter earnings after the market close Tuesday. $FANG said oil production declined in the quarter due to asset sales earlier in the year.

EOG Resources Revenues Grow With Production, Operating Costs Fall

Independent oil and natural gas company EOG Resources reported fourth quarter earnings after the market close Thursday that missed on the bottom line but beat in revenues. $EOG Crude oil production grew 18% to 455,700 bpd Total production grew 16% to 812,800 boepd

Concho Resources Earnings Miss With Natural Gas Prices 60-80% Lower

Independent oil and gas company Concho Resources reported worse than expected second quarter earnings Wednesday. $CXO is the biggest Permian Basin pure-play company in terms of unconventional oil and gas production after its takeover of RSP Permian.

EOG Resources Earnings Miss With Lower Prices Despite Revenue Beat

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.

Keane Group Earnings Improve With Fracking Fleet Profitability

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.