Monday, March 28, 2011

1Q11 Earnings Central

News, 1Q11 Earnings, and 2010 Annual Reports at this page.  Scroll down for Earnings and Annual Reports.  For those companies who have not yet published annual reports, the information has been provided to the SEC and is at this bottom of this page.

NEWS

March 28, 2011: First hint that there may be some problems in the oil patch when 1Q11 earnings are reported. HAL is already reporting that weather-related issues and unrest in the Mideast will affect earnings.  Meanwhile rest of industry is very bullish on news that Saudi Arabia may ramp up production significantly, going from 90 rigs to 118.

1Q11 -- EARNINGS -- CONFERENCE CALLS

GMX Resources: reports record production 1Q11; IPAA presentation, April, 2011

HAL: April 18; despite the warning above, HAL reported a huge profit in 1Q11; conference call;

SLB: April 21; earnings report here; misses expectations; income up 40%; revenue up 55%; transcript;
NFX: April 21; earnings report here; mixed results; transcript here;

WLL: April 27; IPAA presentation, April, 2011; misses by a nickel;
BHI: April 27; beats expectations, 87 vs 78 cents;
OXY: April 27; earnings up 46%; misses by 5 cents;
COP: April 27; misses on production; earnings up 43%;
HES: April 27; net income up 73%;
QEP: April 27; IPAA presentation, April, 2011;1Q11 earnings okay; raises guidance;

NBL: April 28; beats estimates by 21 cents, but yoy quite a difference;
LINE: April 28; IPAA presentation, April, 2011; misses by 3 cents; acquires more Bakken acreage;
XOM: April 28; beats expectations (surprises analysts); best quarter since 3Q08;
HP: April 28; misses by 4 cents

EEP: April 29; earnings and split 2-1;
CVX: April 29; profit up 36%;

SM: May 2; IPAA presentation, April, 2011; mixed but beat expectations when adjusted;
CHK: May 2, beats estimates by 5 cents

BEXP: May 3; IPAA presentation, April, 2011; earnings report; 1Q11 Conference Call;
MDU: May 3; great report considering how much weather impacted the quarter; transcript;

CLR: May 4; production and earnings release; transcript;
ENB: May 4; split 2-1, April 29;

DBLE: May 5; IPAA presentation, April, 2011;
EOG: May 5; earnings release; presentation;
WMB: May 5 (company to split; effective May 25 if I remember correctly)
DNR: May 5; IPAA presentation, April, 2011; earnings, lots of expenses this quarter; transcript;

RIG: May 6; earnings, not great; permitorium in Gulf affected results;

EPD: May 10
NOG: May 10; earnings miss;
GMXR: May 10; earnings miss

KOG: TBA; IPAA presentation, April, 2011;
OAS: May 11; IPAA presentation, April, 2011; transcript
VOG: TBA
GEOI: TBA, IPAA presentation, April, 2011;
USEG: TBA; IPAA presentation, April, 2011
SSN: TBA; IPAA presentation, April, 2011;
AXAS: May 9; IPAA presentation, April, 2011
ERF: TBA: older presentation, waiting for IPAA presentation
WHX: June 14

ANNUAL REPORTS -- 2010

BHICOP  / DBLE / DNR / EEP: click on annual report
 
ENB  / EOG / EPD
 
HAL / HES / MDU
 
NBL / NFX / OAS / QEP /

SM  / WLL -- need to click on "Annual Report" when you get there

XOM 

SEC INFORMATION IN LIEU OF ANNUAL REPORTS (YET TO BE PUBLISHED)
BEXP / CLR: annual report / CRED: Annual Report /  CVX: Report 10-K

ERF: 2010 Annual Summary / GEOI /

KMI / KOG: click on Report 10-K
NOG: Report 10-K  / PBRSSN: click on annual report / TPLM /

TRGL: 10-K / WMB: type in Annual Reports




4 comments:

  1. This is typical big Corp bs. When you accumulate a bunch of bad projects that have been carried on the books for years then write them all off when a sector wide "crisis" happens.

    This is all about cam and Hal and has nothing to do with the health of the many companies with sound revenue flows .

    ReplyDelete
  2. So with 3 days left before the first qtr is done any public traded company that will miss earnings should be sending a notice out this next few days.. in the case of hal it would appear to me that they are going to be light at least 8 cents from the low earnings estimate that was projected previously..
    With all the snow and cold in the Bakken they could be many Light earnings this QTR.. Then in April the bakken will have the month of MUD..So fraccing and well compleation will be diffulcult..

    ReplyDelete
  3. How coincidental. I was just getting ready to post that we could see significant production expectations/goals missed in the Bakken for 1Q11 due to weather. 700 wells shut in during January, etc.

    ReplyDelete
  4. Well if the oil is shut in due to weather then the oil is still there so the only problem (if there is one) is short term expectations. so maybe there will be a sell off, who knows ?

    ReplyDelete