Oasis earnings here.
- EPS: ten cents versus seven cents forecast (that's a pretty good beat); compares to a loss of five cents a year ago; an earnings surprise of over 40%;
- revenues: $501.34 million -- a 27% surprise; compared to revenues of about half that amount last year, $254 million
Oasis orporate presentation:
Disclaimer: this is not an investment site.
Oasis Midstream Partners earnings, press release.
NG plants in North Dakota.
Click on graphic to enlarge.
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Saudis and Tesla
Saudi Arabia takes $2 billion interest in Tesla. TSLA shares pop.
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The Book Page
From Darwin's Fossils, Adrian Lister, c. 2018
The voyage Charles Darwin was on lasted five years, most of it on and around South America.
It is amazing how "economic" his activities were and how incredibly "lucky" he was. Makes one wonder.
Economic: shortly after arriving in South America, his main hunting-ground at Punta Alta, on the Pampas coast of Argentina, just north of Patagonia, was only 500 feet by 500 feet.
500 feet x 500 feet.
He collected a relatively small number of fossils there but no fewer than seven demonstrated distinct types (genera) of mammal, while six more were collected from other sites (seven sites altogether). Of these 13 specimens, only two were known at the time, and six were names on the bsis of Darwin's specimens.
Many of the species discovered by Darwin are now celebrated elements of the South American fossil fauna of the last ice age, some 100,000 to 12,000 years ago.
On only his second day of fossil-hunting in South America, Darwin found the largest and heaviest single fossil of the entire voyage, belonging to the largest and heaviest land mammal ever to live in South America. While a party from the ship went fishing, Darwin went fossil hunting and found this specimen.
He correctly identified that first find, that first huge skull, as belonging to Megatherium, a great beast that had been named by French anatomist Georges Cuvier.
The earliest discovery of Megatherium had been a largely complete skeleton unearthed on the banks of the Lujan River, west of Buenos Aires, in 1788. Discovered by a Dominican friar, Manuel Torres, it was sent to Madrid, where it became the first fossil mammal skeleton ever to be assembled and mounted for public display.
From drawings only Cuvier identified it and named it Megatherium americanum in 1796. Cuvier place it within his 'edentate' order of mammals, along with living sloths, anteaters, armadillos and some others, and presciently suggested that it was a gigantic sloth.
Later:
Darwin's discovery of four genera of large ground sloths was remarkable, and also serendipitous in that the area in which he was collecting happened to be the only region where all four could have been found together. Mylodon is distributed in the southern half of the [South American] continent, Glossotherium in the northern half, and Scelidotherium in the middle. The genus Megatherium is widespread, M. americanum is known mainly from Argentina. Only in the Pampas region and La Plata basin do they overlap. The different forms of their skulls, and teeth and limbs, show how several species could have co-existed in the Late Pleistocene, using different food and habitat resources. [Did the writer interchange species and genera?]
Outside of funds and a couple ETFs I've only bought into four individual stocks. Oasis is one of them, so this is good news.
ReplyDeleteAs for that Tesla bump.... wow.
I haven't read their earnings report yet. Will do that tonight.
DeleteThe Tesla shorts are getting killed.