Mike Filloon's Update On The Bakken -- February 9, 2016

Mike Filloon with a Bakken update, dated February 8, 2016. Archived.

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SolarCity

After SolarCity reported 4Q15 earnings:

• Press release.  
• Plummets in after-hours trading on 4Q15 weakness, weak 1Q16 guidance (and this is after tax credits were extended).
• SolarCity plunges 24%: 1Q16 forecast deep than expected (and this is after tax credits were extended).
• Bloomberg: SolarCity panel installs to fall amid shift away from growth (and this is after tax credits were extended).
• Reuters: SolarCity posts profit as panel installations rise. See Bloomberg above. 
• MarketWatch: SolarCity shares plunge more than 20% after results.
• 24/7 Wall Street: SolarCity stock outlook crushes stock.  

Tesla reports tomorrow after market close; forecast is for earnings at 8 cents/share. Previous quarter:

TSLA: for 3Q15 -- forecast a loss of 50 cents; AP story here; loss at 58 cents is bigger than expected; but deliveries better than expected and TSLA surges 7% in after-hours trading;