Thursday, May 3, 2012

For Investors Only: Denbury, SandRidge, Sempra To Report Today

DNR: beats estimates by 4 cents;
Beats by $0.04, beats on revs: Reports Q1 (Mar) earnings of $0.41 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus Estimate of $0.37; revenues rose 25.5% year/year to $645.1 mln vs the $634.4 mln consensus.
SRE: link at MarketWatch:
First-quarter profit fell to $236 million, or 97 cents a share, from $254 million, or $1.05 a share, in the year-ago period. The power company's revenue dipped to $2.38 billion from $2.43 billion. Wall Street analysts expected earnings of 92 cents a share and revenue of $2.3 billion, according to a survey by FactSet Research. Sempra said it plans to begin construction of a liquid natural gas export facility, with the goal of opening it in 2016. 
SD: earns 4 cents, compared to 2-cent loss y-o-y;  record production in 1Q12;

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