Apple could be in a bit of trouble: google apple watch issues and tax issues (EU).
Video from truck bypass northwest of Williston.
Questar reports EPS in-line, misses on revs; reaffirms FY15 EPS guidance: Reports Q1 (Mar) earnings of $0.48 per share, in-line with the Capital IQ Consensus Estimate of $0.48; revenues fell 6.2% year/year to $428.6 mln vs the $457.99 mln consensus.
- Williams is reaffirming its guidance for the years 2015 through 2017 provided on Feb. 18, 2015. We expect Williams Partners' 2015 adjusted EBITDA and distributable cash flow to be near the low end of the range due to the extended Geismar ramp-up and the effects of low commodity prices on volumes and margins.
- Co sees 2015 adj. EBITDA guidance at $4.3-4.7 bln, sees 2016 adj. EBITDA guidance at $5.2-5.6 bln, sees 2017 adj. EBITDA guidance at $5.8-6.3 bln.
- Reaffirming Williams Partners adjusted EBITDA guidance for 2015-2017 with 2015 expected to be near low end of range on extended Geismar ramp-up and effects of low commodity prices
- Reaffirming Williams dividend guidance of $2.38 per share in 2015 with 10% to 15% annual dividend growth through 2017 with growing coverage
Gross domestic product expanded at an only 0.2 percent annual rate, the Commerce Department said on Wednesday. That was a big step down from the fourth quarter's 2.2 percent pace and marked the weakest reading in a year.GDPNow forecast 0.1% so 0.2% is twice what was forecast. Incredible that "they" could be off by that much. 100%. LOL.
U.S. energy consumption has slowed recently and is not anticipated to return to growth levels seen in the second half of the 20th century. E
IA's Reference case projections in the Annual Energy Outlook 2015 (AEO2015) show that domestic consumption is expected to grow at a modest 0.3% per year through 2040, less than half the rate of population growth.
Energy used in homes is essentially flat, and transportation consumption will decline slightly, meaning that energy consumption growth will be concentrated in U.S. businesses and industries. --- EIA
Hess Corp. on Wednesday reported a first-quarter loss of $389 million, after reporting a profit in the same period a year earlier.
The New York-based company said it had a loss of $1.37 per share. Losses, adjusted for non-recurring costs and to account for discontinued operations, came to 98 cents per share.
The results surpassed Wall Street expectations.
The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of $1.09 per share.
Linn Energy misses by 85 cents:The oil and gas producer posted revenue of $1.55 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $1.44 billion.
Linn Energy misses by $0.85: Reports Q1 (Mar) loss of $1.03 per share, $0.85 worse than the Capital IQ Consensus Estimate of ($0.18).
- Grew average daily production by two percent to approximately 1,201 MMcfe/d for the first quarter 2015, compared to the estimated year-end 2014 exit rate of approximately 1,180 MMcfe/d, while decreasing the budget for total oil and natural gas capital expenditures by approximately 65 percent for 2015 compared to 2014.
Disclaimer: this is not an investment site. Do not make any investment or financial decisions based on what you read here or think you may have read here. Do not make any travel plans based on what you read here. Do not make any relationship changes based on what you think you may have read here. And most importantly, don't choose your ObamaCare health plan based on what you read here or think you may have read.Anthem beats by $0.45, misses on revs; guides FY15 EPS above consensus: Reports Q1 (Mar) earnings of $3.14 per share, excluding non-recurring items, $0.45 better than the Capital IQ Consensus Estimate of $2.69; revenues rose 6.8% year/year to $18.85 bln vs the $19.28 bln consensus.
- Co issues upside guidance for FY15, sees EPS of more than $9.90, excluding non-recurring items, vs. $9.85 Capital IQ Consensus Estimate. Medical membership is now expected to be in the range of 38,200,000 -- 38,400,000. Fully insured membership is expected to be in the range of 14,750,000 -- 14,850,000 and self-funded membership is now expected to be in the range of 23,450,000 -- 23,550,000.
- Medical membership is now expected to be in the range of 38,200,000 -- 38,400,000. Fully insured membership is expected to be in the range of 14,750,000 -- 14,850,000 and self-funded membership is now expected to be in the range of 23,450,000 -- 23,550,000. The benefit expense ratio was 80.2 percent in the first quarter of 2015, a decrease of 250 basis points from 82.7 percent in the prior year quarter.
When one culture infringes on another's perceived rights and traditions, conflict is inevitable. When each party's sense of justice differs from the other's and they find no common ground, escalation ensues.Wow -- does that not describe what is going on in Baltimore and Ferguson these days?
Harold Hamm's ex-wife Tuesday lost her appeal for even more than the nearly $1 billion she won in a divorce battle with the wealthy CEO and founder of oil giant Continental Resources.
Sue Ann Arnall waived her legal bid to reopen the case when she cashed the nine-figure check Hamm was ordered to give her in a November decision that capped a nearly two-month divorce trial, the Oklahoma Supreme Court ruled.
She "took possession or title of the real property and deposited the check for property-division alimony," the court's majority opinion concluded. "The judgment is now satisfied."
Tuesday's ruling, however, allowed Hamm to continue his own appeal of the decision that had appeared to bring a legal end to the former couple's 26-year marriage.Never should have cashed that check.
It's a buyer's market for drivers interested in new or used electrics and hybrids.
Sales of new electric cars and hybrids, according to automotive research and shopping site Edmunds.com, are at their lowest level since 2011 — the first full year of sales for the groundbreaking Chevrolet Volt plug-in hybrid and Nissan's all-electric Leaf. So carmakers are paring prices in an effort to get them moving.
Furthermore, motorists who leased those first-generation cars, and have decided not to buy them, are turning them in. They're on dealer lots with still relatively low mileage, and at prices considerably cheaper than the new ones.
Even with $7,500 federal tax credits and other incentives, automakers such as General Motors Co., Ford Motor Co. and Nissan have dropped prices in an attempt to move their new hybrids and electrics. Cadillac became the most recent to reduce the sticker on an electric car, when it whacked $9,000 off its ELR plug-in hybrid last week.
Miss North Dakota will be taking home the Miss Congeniality award from the Miss America 2015 scholarship pageant. Jacky Arness was voted a winner by her fellow contestants and was given the award during the "Countdown to Miss America" presentation.Pretty cool. But it gets better:
Though Miss North Dakota did not make it into the initial 15 semi-finalists, Miss America 2015 host Chris Harrison announced that if the judges could vote unanimously they could add one more contestant to the semi-finals. The judges voted Miss North Dakota into the bonus spot so she is allowed to continue on in competition.
As a result of the record cold winter last year, stockpiles began this winter at a five-year low and at a deficit of about 240 Bcf compared to the previous year.
However, by December, a year-over-year (yoy) surplus in storage began to emerge and continued to grow through the course of the winter. By the time the traditional gas winter withdrawal season ended March 31, inventories were more than 600 Bcf above the previous year, and the yoy surplus has continued to grow since then. Stockpiles as of EIA’s April 17 weekly gas storage update are 1,629 Bcf, which is about 100 Bcf below the five-year average, but a whopping 737 Bcf above year-ago inventory levels.
This is startling given that demand this winter was the second highest in gas market history, 0.8 Bcf/d shy of the record-high demand set last year. How did we get to this point?
Figure 2 [at the link] begins to answer that question. The chart illustrates how supply and demand fundamentals shaped up in the U.S. Lower 48 over the past couple of winters.
Another excellent post by RBN Energy. Again, the post will be archived by the source, at the source.