Saturday, January 4, 2014

Idle Chatter On A Quiet Saturday Night

I can't recall, but I think a long, long time ago, I linked "Outrun Change." It's a nice website. The blogger has a nice little post talking about the YouTube video showing North Dakota tap water going up in flames due to naturally-occurring methane.

This is NOT the video.

Better Than Methane, Pete

Warning: the glass is subject to breaking. A burning straw is the least of your worries.

Earnings: 4Q13

All 4Q13 earnings will be reported at this page; the link will be on the sidebar at the right, under "Earnings Central." When we start to see earnings reports for any quarter, the "Earnings Central" link is moved to the top of the sidebar until the earning season is over.
I don't have time to check/update earnings on all companies listed below. If you see one that I have missed, feel free to send it in (anonymous comment or by e-mail) and I will post it.


Miscellaneous articles:
General update (dates subject to change)
  • AAPL:  
  • Alcoa: misses by 2 cents; beats on revenue; transcript;
  • Wells Fargo:  

EPS estimates in parentheses following the ticker symbol (according to Yahoo!Finance)

American Railcar Industries:

APA: Apache misses by $0.20, misses on revs (APA) 81.28 : Reports Q4 (Dec) adj. earnings of $1.57 per share, $0.20 worse than the Capital IQ Consensus Estimate of $1.77; revenues fell 18.6% year/year to $3.58 bln vs the $3.68 bln consensus. 



BAX ( ): 



BHI (61 cents): post; beats by 1 cent;

BK ( ):  

CHK ( ): misses by 12 cents; transcript;


CLR (  ): 

CNI (Canadian National Railway): transcript;

CNP ( ):  

COP ($1.32 ): beats by 8 cents ($1.40); transcript;

Crescent Point:

CRR ( ): transcript;  

CVX ($2.58 ): misses by a penny; $2.57

DNR: proved reserves at 468 million boe; misses by 4 cents;

DVN: beats by 3 cents; misses on revs; increased proved oil reserves to highest level in company history; dumps Canadian assets for $2.8 billion

ECA:  EnCana beats by $0.12; guides FY14: Reports Q4 (Dec) earnings of $0.31 per share, excluding non-recurring items, $0.12 better than the Capital IQ Consensus Estimate of $0.19.

EEP ( ): misses by 12 cents.


EOG ( ): webcast on February 25, 2014.

EOX (Emerald): 

EPD ($0.71): beats by 4 cents; $0.75.


GEOI (bought by Halcon [HK], below)


HAL (89 cents): post; beats by 4 cents;

HES ( ): 

HP ($1.46): beats by 13 cents; $1.59; transcript;

HK (Halcon; previously GEOI): earnings here;

Kinder Morgan - KMI ( ):  January 15

Kinder Morgan - KMP ( ): January 15

KOG ( ):  press release here; 17 cents/share; transcript;


LINE: results;

MDU ($0.41): 48 cents (I believe), transcript; a really, really good year;

MHR (Magnum Hunter): 

MMR (McMoRan) ( ): 

MPC (Marathon Petroleum) ( ):  

MRO (Marathon Oil):

MUR ( ): 

NE: increases dividend by 50%; 82 cents; beats;

NBL: Noble Energy misses by $0.10, beats on revs; reaffirms FY14 guidance: Reports Q4 (Dec) earnings of $0.50 per share, excluding non-recurring items, $0.10 worse than the Capital IQ Consensus Estimate of $0.60; revenues rose 13.8% year/year to $1.33 bln vs the $1.31 bln consensus.



NOG: Feb 27, after market close

NOV ($1.39): beats by 17 cents; transcript;

OAS ( ): select operational and financial results, 2013 on February 4.

OKE: 43 cents 4Q13 compared to 53 cents 4Q12  


OTTR (40 cents): Fourth quarter diluted EPS from continuing operations were $0.52 on a non-GAAP basis compared with $0.47 for the fourth quarter of 2012. Shares surge 8%.

OXY ($1.68 ): beats by 4 cents; $1.72; an after-tax gain from sale of assets;
PAA (71 cents):  76 cents; beats by 5 cents;

PSX ( ):  

QEP: transcript;

Range Resources:

RIG ( ): raises guidance; misses by 2 cents;

SD: three cents (vs 6 cents last year)

SLB ( ): transcript; Bakken not mentioned; fracking was mentioned; apparently four new frack spreads were added;

SM ( ): 

SRE ( ): beats by 15 cents; huge report; transcript;





Starbucks: transcript;

T (  ): T beats by 3 cents; revenues up almost 2%; raises guidance; transcript; this is not a "bad" report; it might be as good as it gets for ATT. Great SeekingAlpha article; pays almost 6%.


UNP ( ): 





WFT: warns; sees 4Q13 earnings well below consensus; transcript;



WLL: investors like 4Q13 and full year earnings report; stock surges 6%;

WMB: beats by a penny; very good report; shares surge almost 4%;

WPX ( ): 

XOM ($1.92 ): misses by a penny, $1.91; revenues fall 3.3%; production falls 16%;  

XLNX (54 cents): post; big beat, 61 cents, but down 2% from previous quarter; mixed signals;

Week 1: December 29, 2013 -- January 4, 2014

The number of active rigs in North Dakota exceed the number of rigs one year ago
Harold Hamm Q & A: 2014
Update on the Atlanta wells in Baker oil field southwest of Williston
Subtle change in CLR's proposed horizontal placement in the better Bakken?
Has Oasis broken the code in Montana with regard to the Bakken?
No rigs on federal land in Dakota Prairie Grasslands

Two new North Dakota pipelines approved
Huge pipeline proposed between Killdeer and Dickinson (approved; see previous link) 
Keystone XL 2.0 South to start flowing January 22, 2014

The crude oil derailment west of Fargo, North Dakota

West Canadian oil at a $20 / bbl discount to WTI

Williston Wire's top stories for 2013

For Investors Only
28 pages of Hess wells transferred to Hess Bakken Investments II, LLC
Shares of Bakken operators plunge after government warning
Riparian justice! North Dakota is a low-water mark state -- this is not a land grab -- state official

The blog's top stories in 2013

Happy New Year!