Thursday, January 23, 2025

EQT Plans Increased Marcellus Activity in 2017

EQT targets 200 wells for Pennsylvania and West Virginia EQT Corporation (ticker: EQT) announced fourth quarter earnings yesterday, reporting a net loss of $192 million, or ($1.11) per share. After adjusting for impairments and other items affecting comparability, earnings were $43.8 million, or an income of $0.25 per share. With a Zacks Consensus Estimate of a loss of $0.10 per

Calgary-based Precision Drilling Corporation (ticker: PDS) announced planned capital expenditures for 2017 of CAD$109 million.

ConocoPhillips Earnings Surprise, Stepping Up U.S. Shale Development

COP posts smaller loss than expected ConocoPhillips (ticker: COP) reported fourth quarter earnings today, with a loss much narrower than expected. Net loss for the fourth quarter was $35 million, or ($0.03) per share, giving a full-year loss of $3.6 billion, or ($2.91) per share. Earnings were buoyed by several special items, including a sale in Senegal and net benefits