4Q11 Earnings

All 4Q11 earnings will be reported at this page; link will be on sidebar at the right, under "Earnings Central."

Earnings Calendar

AXAS: 3/14; 2011 production update;

BEXP: N/A

BHI: ANI for calendar year 2011 was $4.20/share vs $2.06/share for CY 2010.

CHK: profit more than doubles; 58 cents vs 59 cents estimate; hedging offset lower nat gas prices; conference call transcript;

CLR: 2/22 (after mkt close); production press release; transcript here;

COP: Beats expectations; snaps losing streak; profit up 66% despite production drop; SeekingAlpha transcript; Phillips 66 to start trading "when issued" April 12, 2012

CVX: largest earnings decline in two years;

DBLE: 3/8; 2011 reserves announced, 19% increase in proved reserves;

DNR: 2011 production and reserves; replaces 367% of 2011 production; 19% increased production in the Bakken, year-over-year; record quarterly earnings; transcript;

ENB:  from 3Q11 earnings conference call: updating our guidance for 2011 to be near or slightly above the top end of the original guidance range of $1.38 to $1.48; results here; and that's what it was: $1.48; right on the mark;

EOG: 2/17; 3Q11 results (Rigzone); beats by 28 cents; 4Q11 and full year results; $4.10 CY 2011 vs $0.63 previous year; very, very good year;

EPD: blew past estimates;

ERF:

GEOI:  beats by 3 cents; end of year production data;

GMXR: operational highlights, 2011; earnings report; missed 4Q estimates (Yahoo!InPlay; from Mike Filloon;

HAL: earnings up 50% due to American shale oil boom;

HES: Loss due to refinery shut-down costs; estimated results; SeekingAlpha.com preview; SeekingAlpha transcript; 

HP: beats estimates;$1.32 vs $1.18; transcript;

KOG: press release here; Reuters: surprise loss (15 cents); analysts expected 9 cent profit;

LINE: earnings press release;

MDU: 4Q11; $1.12 vs $1.27 for the year; 4Q11, 32 cents; 4Q10, 47 cents (natural gas issues); analyst's meeting transcript;

MPC (Marathon Petroleum): under/over? -- depends which number you want to look at -- Zacks;

MRO (Marathon Oil): 2/1

NBL: over/under? depends who you read; InPlay says they beat; others say they missed; a quick read of the earnings release did not impress me

NBR: $150 million loss due to lower nat gas prices vs $50 million profit in 4Q10;

NFX:  huge quarter (doubled profits) but missed estimates; press release; transcript;

NOG: Press release; IBD story;

NOV:  transcript; beats comfortably; stellar quarter - Zacks; $1.37 vs $1.30 (expected) and $1.05 (last year)

OAS: preliminary data; earnings press release;

ONEOK: $1.09 vs $0.76; raises guidance; announces split; 

OXY: Beats by 8 cents (not trivial); profits up 35%; higher oil prices and increased production; transcript; 

QEP: beats street but swings to a loss; transcript;

RIG: transcript;

SLB: Earnings up 31 percent; earnings transcript; 4Q11, $1.11; an increase of 13 cents sequentially, and 26 cents yoy.
 
SM: earnings; transcript;  WLL:  earnings at Reuters; transcript here;

SRE: hits new high; raising dividend;

SSN:

USEG:  3/12 - 3/15

VOG: 3/12 - 3/18

WFT: earnings up 27%; fourth quarter revenues of $3.71 billion were the highest in the company's history;

WHX: reserves, distribution, and termination forecast;

WMB: earnings, 2011; transcript;

WPX: N/A

XOM:  Beats/misses (depending to whom you listen); focus on natural gas is interesting; strategic vision articulated two years ago; correct strategy?