EnerCom, Inc. compiled fourth quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 217 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending December 31, 2015, is ($0.05) per share compared to actual earnings per share of ($0.14) and
Forecast Pushed Back in 2016 Earnings season is underway, but you’d have a hard time believing we’re in the first week of quarterlies judging from a headline from Bloomberg this morning. It reads, “$6.5 Billion in Energy Writedowns and We’re Just Getting Started.” Investors and executives in search of good news didn’t get any from the industry’s two oil service
In its Q3’15 results, management of Halliburton (ticker: HAL) was more upbeat about a market recovery than its competitor Schlumberger (ticker: SLB), but warned market difficulties are likely to continue through at least the remainder of 2015. “Looking ahead to the fourth quarter, visibility is murky at best,” said Dave Lesar, Chief Executive Officer of Halliburton, in a conference call
Schlumberger (ticker: SLB) kicked off earnings season on October 15, 2015, releasing its Q3’15 results following the close of the market. Unfortunately for oil price bulls, the world’s largest oilservice provider did not bear promising news on the macroeconomic front. “In light of conservative customer budgets for next year, we are therefore entering another period during which we will continually
Plans US$7.1 Billion in Divestitures Spending Cuts of 38% Madrid-based Repsol (ticker: REPYY) touted value creation, efficiency and a significant divestiture program in its 2016-2020 Strategic Plan, unveiled on October 15, 2015. The latest program starkly contrasts its 2012-2016 Strategic Plan, which focused on “high growth of Upstream” and a dedicated investment of more than €19 billion. Repsol kicked off
EnerCom, Inc. compiled third quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 216 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending September 30, 2015, is $0.00 per share compared to actual earnings per share of ($0.02) and
Two Wild Cards, Two Steps to Rebalance (NOTE: Part One of this two-part analysis was published yesterday and can be accessed here.) Wild Card No. 1: Iran Iran is the loudest blender of the oil market margarita. The EU used to be the first trading partner of Iran, but due to the sanctions regime, China, the UAE and Turkey are now Iran’s main
EnerCom, Inc. compiled second quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 224 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending June 30, 2015, is $0.00 per share compared to actual earnings per share of $0.03 and
On a month-over-month comparison, few changes stood out in the Energy Information Administration’s (EIA) Short Term Energy Outlook (STEO) for July 2015. Oil price projections are relatively consistent, and 2015 production was even revised upward by 0.1 MMBOPD. The declines in natural gas production, however, is projected to come to an end in June and will return to a growth
EnerCom, Inc. compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 200 E&P and OilService companies in our database. Click here for the full chart of estimates. The median OilServices company earnings estimate for the quarter ending March 31, 2015, is $0.11 per share compared to actual earnings per share of $0.02 and
Earnings Releases for March 17, 2015 include: InterOil (ticker: IOC) – Click for full release. RSP Permian (ticker: RSPP) – Click for full release. Earnings Releases for March 16, 2015 include: Ensign Energy Services (ticker: ESVIF) – Click for full release. FX Energy (ticker: FXEN) – Click for full release. Midstates Petroleum (ticker: MPO) – Click for full release. VAALCO
Oil traders experienced a moral victory today, witnessing West Texas Intermediate (WTI) close at $52.13 – the highest since January 5, 2015. The spot price has rebounded 17% in less than a week, dating back to the closing of $44.45 on Wednesday, January 27. A note published this morning by Stifel provided more bullish forecasts for investors, and even upgraded
Sign up to receive daily news and stock prices from Oil & Gas 360® directly in your email inbox.
Market Data ©2020–2024 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
