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Monday, November 4, 2013

Catching Up --

.... and when I get caught up, this will all be moved to my "3Q13 earnings."

Disclaimer: this is not an investment site. Do not make any investment decisions based on anything you read here or what you think you may have read here. 

Marathon Oil beats by $0.10, reports revs in-line: Reports Q3 (Sep) earnings of $0.87 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus Estimate of $0.77; revenues fell 5.9% year/year to $3.91 bln vs the $3.92 bln consensus.

Halcon Resources misses by $0.02, beats on revs: Reports Q3 (Sep) earnings of $0.04 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus Estimate of $0.06; revenues rose 317.2% year/year to $305 mln vs the $267.87 mln consensus.
  • Q3 net production for the period increased 237% year-over-year to an average of 37,707 barrels of oil equivalent per day (Boe/d). 
  • Third quarter 2013 production was comprised of 83% oil, 6% natural gas liquids (NGLs) and 11% natural gas. 
  • Co realized 95% of the average NYMEX oil price, 96% of the average NYMEX natural gas price and 34% of the average NYMEX oil price for NGLs during the third quarter of 2013, excluding the impact of derivatives. 
  • Co guiding to > 40% Pro Forma Production Growth in 2014 
  • Co Expects > 20% Reduction in Drilling & Completion Capex in 2014
McDermott misses by $0.23, misses on revs: Reports Q3 (Sep) loss of $0.27 per share, $0.23 worse than the Capital IQ Consensus Estimate of ($0.04); revenues fell 33.2% year/year to $686.86 mln vs the $737.85 mln consensus. The year-over-year decrease in revenue was primarily due to the completion of several significant projects that were active in the 2012 third quarter. The Company's operating loss in the 2013 third quarter was $52.7 million compared to operating income of $82.5 million in the 2012 third quarter.

Weatherford beats by $0.02, misses on revs: Reports Q3 (Sep) adj. earnings of $0.23 per share, $0.02 better than the Capital IQ Consensus Estimate of $0.21; revenues were unchanged from the year-ago period at $3.82 bln.

Black Hills Corp beats by $0.04, misses on revs; raises lower end of its FY13 EPS guidance, in-line; guides FY14 EPS in-line: Reports Q3 (Sep) earnings of $0.47 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus Estimate of $0.43; revenues rose 5.3% year/year to $259.9 mln vs the $323.52 mln consensus.

Plains All Amer beats by $0.03, beats on revs: Reports Q3 (Sep) earnings of $0.53 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.50; revenues rose 14.4% year/year to $10.7 bln vs the $9.57 bln consensus.

Pioneer Natural Resources misses by $0.08, misses on revs: Reports Q3 (Sep) earnings of $1.26 per share, excluding non-recurring items, $0.08 worse than the Capital IQ Consensus Estimate of $1.34; revenues rose 34.4% year/year to $826.8 mln vs the $985.48 mln consensus.

Marathon Oil beats by $0.10, reports revs in-line: Reports Q3 (Sep) earnings of $0.87 per share, excluding non-recurring items, $0.10 better than the Capital IQ Consensus Estimate of $0.77; revenues fell 5.9% year/year to $3.91 bln vs the $3.92 bln consensus. 

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