Tuesday, October 30, 2018

ONEOK 3Q18 Earnings

Link here, press release, OKE:
  • operating income jumps 40%
  • adjusted EBITDA jumps 28%
  • guidance raised
  • results jumped on higher volumes in Williston Basin and STACK/SCOOP
  • income: 75 cents vs 43 cents yoy
  • income, nine months, almost doubled yoy
  • note CAPEX: $694 million 3Q18 vs $135 million 3Q17
Zacks estimates, here:
  • earnings: 74 cents, and that was a recent "bump"
********************************* 
Two Entirely Different Companies

DNR vs NOG
  • both are currently active in North Dakota
  • one is a pure play tight oil
  • one was mostly seen as an EOR (CO2 injection) but now has sizeable position in Eagle Ford
  • neither pays a dividend
  • both trading under $4
earnings for DNR:
Denbury Resources Inc. is estimated to report earnings on 11/06/2018. The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 4 analysts' forecasts, the consensus EPS forecast for the quarter is $0.11. The reported EPS for the same quarter last year was $0.04.
earnings for NOG:
Northern Oil and Gas, Inc. is expected* to report earnings on 11/08/2018 after market close. The report will be for the fiscal Quarter ending Sep 2018. According to Zacks Investment Research, based on 6 analysts' forecasts, the consensus EPS forecast for the quarter is $0.11. The reported EPS for the same quarter last year was $0.04.
DNR
  • trading at $3.36
  • 52-week range: $1.13 - $6.75
  • market cap: $1.5 billion
  • p/e: 7.3
  • enterprise value: $4.92 billion
  • total cash: $116K
  • total debt: $2.8 billion 
NOG
  • trading at $2.92
  • 52-week range: $0.72 - $4.49
  • market cap: $1.12 billion
  • p/e: n/a
  • enterprise value: $1.6 billion
  • total cash: $201 million
  • total debt: $845 million 
Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on what you read here or what you think you may have read here.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.