On The Money: Finding Your Footing In Energy Earnings Season
It’s sometimes hard to know exactly what drives an energy company’s stock price, even if you’re a CEO who knows which levers logically should deliver stock price performance.
June 17, 2019
Earnings
Range-bound Prices Threaten Oil Producers In 2019 And Beyond
Moody’s found that as a group the 40 oil and gas companies it reviewed generated free cash flow for the first time in 2018, indicating an enhanced ability by E&Ps to tolerate lower commodity prices.
June 13, 2019
First Quarter Was A Surprise Party For Several MLPs
Plains All American, DCP Midstream, and EnLink Midstream all exceeded first quarter earning expectations as their plans paid off early.
June 3, 2019
Exxon Mobil, Chevron Resist Shareholder Pressure On Climate Change
Exxon Mobil Corp. and Chevron Corp. both held annual shareholder meetings on May 29, with climate change issues high on both agendas.
May 29, 2019
E&P Earnings Recap: Apache, Laredo Petroleum, Marathon Oil
U.S.-based oil and gas producers continue to report mixed first-quarter results in this final recap of E&P earnings including highlights from Apache, Laredo and Marathon.
May 13, 2019
Enbridge Profit Beats On Higher Pipeline Volumes
Enbridge reported it transported 1 million barrels per day of crude oil more on its key Mainline system across Canada and the U.S. during the first quarter than the year-ago quarter.
May 10, 2019
Marathon Petroleum To Merge Midstream Units, Posts Surprise Loss
Marathon Petroleum Corp. said on May 8 it would merge its midstream units in a $9 billion deal, and posted a surprise first-quarter loss due to higher prices of Canadian crude.
May 8, 2019
Chesapeake Net Loss, Bigger-Than-Expected Capex Send Shares Down 4%
Chesapeake Energy reported a bigger first-quarter net loss, as it spent more than analysts had expected and took a hit from lower natural gas and crude prices, sending its shares down 4%.
May 8, 2019
Clues From Early Innings Of E&P Earnings Season
Analysts with KeyBanc say they expect E&Ps focused in the Permian Basin to report weaker oil price realizations from the first quarter.
May 7, 2019
E&P Earnings Recap: Mixed Results From Shale Producers
First-quarter earnings from shale producers Continental, Concho, Devon, Encana and Antero come in strong but with mixed results.
May 6, 2019