Newfield Exploration Co. reported a first-quarter profit on Tuesday, reversing a year-ago loss as it increased production of oil and natural gas liquids by 35 percent.Maybe some data points later.
The earnings beat analysts' expectations, and Newfield slightly raised its 2012 production forecast.
Net income was $116 million, or 86 cents per share, compared with a loss of $17 million, or 13 cents per share, a year earlier.
Without a loss on commodity derivatives, the company would have earned 91 cents per share.
Thursday, April 26, 2012
Newfield Earnings
Link here.
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http://dailyranger.com/story.php?story_id=1331&headline=Judge:-Encana-suit-must-be-in-tribal-court
ReplyDeleteIndian law is not as simple as it seems.
Anon 1
It will be interesting to see who has jurisdiction regarding fracking regulations on reservations.
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