Analysts expect higher profit for EOG Resources when the company reports its second quarter results on Tuesday, August 6, 2013. The consensus estimate is calling for profit of $1.76 a share, reflecting a rise from $1.16 per share a year ago.
The consensus estimate has risen from $1.33 over the past three months. Analysts are expecting earnings of $7.04 per share for the fiscal year. Revenue is projected to be $3.54 billion for the quarter, 22% above the year-earlier total of $2.91 billion. For the year, revenue is projected to come in at $14.07 billion.Watch out below if EOG misses.
Yahoo!Finance is reporting: positive US economy data propping up WTI. After all that trading today, and all that talk by talking heads (I assume), WTI was flat.
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OTTR: press release here; 21 cents 2Q13 vs 19 cents 2Q12; Wall Street Cheat Sheet:
Results: Adjusted earnings per share decreased 25% to $0.21 in the quarter versus EPS of $0.28 in the year-earlier quarter.Revenue: Decreased 25.14% to $212.39 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Otter Tail Corporation reported adjusted EPS income of $0.21 per share. By that measure, the company missed the mean analyst estimate of $0.26. It missed the average revenue estimate of $220.4 million.
CVX, XOM, COP: all down a bit todayEverything else down slightly, in line with the market overall.
KOG traded at a new high of $10.22. Closed at $10.06.
OAS down slightly.
CHK hits a new high.
SandRidge up almost 4% today.
Earnings this week, a reminder:
A reminder: Oasis will report earnings Tuesday (that's tomorrow) after market close.NOG 2Q13 Operations Update, from July 18, 2013:
EOG, DNR, MRO: to report Tuesday, also.
CLR: will report on August 7, I believe. CLR down slightly today; near its 52-week high.
NOG will report this week also, August 8, after market close; remember the operations update (below) from July, 2013.
CLNE -- ditto (after market close, August 8).
Northern's second quarter 2013 production is expected to average approximately 10,900 barrels of oil equivalent per day, down approximately 2% when compared with the first quarter of 2013.