This Is Not An Investment Site; Do Not Make Any Investment Decisions Based On What You Read Here -- May 5, 2015

These are short 30-second sound bites; there will be typographical and factual errors. These are for my own enjoyment; if I were you, I would not read these. If you came here for the Bakken, move on. Nothing to see here. I'm just waiting for the coffee to brew.

A lot of companies of interest reporting earnings after hours including Halcon.

SRE reported this morning: beat forecasts:

• profits rises 77% -- WSJ
• beats 1Q profit forecasts -- AP
• tale of the tape -- Zachs
• 1Q15 earnings rise  -- press release
• transcript -- Seeking Alpha

Shares plummet. Don't you just love investing? Profits rise 77%; huge potential in Mexico; and shares fall. Paying 2.5%.

And from Seeking Alpha: Sempra Energy beats by $0.33, misses on revenue

• Sempra Energy: 1Q15 of $1.71, beats by $0.33
• Revenue at $2.7B (-3.6% Y/Y) misses by $390 million 

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Archer Daniels, similar story.

Baytex, on the other hand, reports a bigger loss, and share prices rise significantly.

Sprint: gained subscribers; lost more money than forecast. Lost 6 cents/share; forecast a loss of 4 cents/share.

US trade deficity jumps to 6-year high! I remember when much of the trade deficit was due to all that OPEC oil that was being imported. Now imports have dropped substantially and the trade deficit his a 6-year high. The strong dollar is to blame. There was also pent-up demand due to work stoppages at west coast ports that are now "back to normal."

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After Hours

SM Energy misses by $0.08, misses on revs; Co maintains production guidance at 60.4-63.5 MMBOE : Reports Q1 (Mar) earnings of $0.21 per share, excluding non-recurring items, $0.08 worse than the Capital IQ Consensus Estimate of $0.29; revenues fell 42.2% year/year to $365.9 mln vs the $543.15 mln consensus.

WPX Energy beats by $0.47, beats on revs : Reports Q1 (Mar) earnings of $0.32 per share, $0.47 better than the Capital IQ Consensus Estimate of ($0.15); revenues fell 36.0% year/year to $572 mln vs the $554.3 mln consensus.

Devon Energy misses by $0.03, misses on revs; raises production, lowers cap-ex: Reports Q1 (Mar) earnings of $0.22 per share, excluding non-recurring items, $0.03 worse than the Capital IQ Consensus of $0.25; revenues fell 12.3% year/year to $3.27 bln vs the $3.74 bln consensus. 

SolarCity beats by $0.08, beats on revs; guides Q2 EPS below consensus, revs below consensus: Reports Q1 (Mar) loss of $1.52 per share, $0.08 better than the Capital IQ Consensus Estimate of ($1.60); revenues rose 6.3% year/year to $67.5 mln vs the $57.73 mln consensus.

Newfield Expl misses by $0.06, misses on revs; Company reiterates 2015 production and capital investment guidance : Reports Q1 (Mar) earnings of $0.02 per share, excluding non-recurring items, $0.06 worse than the Capital IQ Consensus Estimate of $0.08; revenues fell 38.9% year/year to $349 mln vs the $440 mln consensus.

Plains All Amer beats by $0.03, misses on revs : Reports Q1 (Mar) earnings of $0.57 per share, excluding non-recurring items, $0.03 better than the Capital IQ Consensus Estimate of $0.54; revenues fell 49.1% year/year to $5.94 bln vs the $10.65 bln consensus. 

Halcon Resources misses by $0.02, misses on revs : Reports Q1 (Mar) loss of $0.04 per share, excluding non-recurring items, $0.02 worse than the Capital IQ Consensus Estimate of ($0.02); revenues fell 50.5% year/year to $136.2 mln vs the $227.61 mln consensus.