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"

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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 

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