|Bid||12.18 x 2200|
|Ask||14.25 x 40000|
|Day's Range||13.17 - 13.37|
|52 Week Range||8.79 - 14.31|
|PE Ratio (TTM)||23.58|
|Forward Dividend & Yield||0.06 (0.46%)|
|1y Target Est||17.41|
It has been a busy earnings season for the oil patch, which is why it would be easy for investors to have missed the solid performances of these three producers.
As of July 27, Reuters reported that 24 analysts gave recommendations on ConocoPhillips. Of the analysts, ~21% have a “strong buy,” ~46% have a “buy,” ~29% have a “hold,” and ~4% have a “sell” recommendation on the stock. None of the analysts had a “strong sell” recommendation on the stock.
As of July 25, Reuters reported that of the 32 analysts covering Southwestern Energy (SWN), ~3% of analysts have “strong buy” and ~13% of analysts have “buy” recommendations on the stock. Around 68% of analysts have “hold” recommendations, and ~16% have “sell” recommendations on SWN. There aren’t any “strong sell” recommendations on the stock.
Encana's (ECA) weaker-than-expected earnings can be attributed to the $236 million non-cash charge incurred in the second quarter of 2018.
Encana (ECA) delivered earnings and revenue surprises of 110.00% and -14.07%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Calgary, Alberta-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share. The results exceeded Wall Street expectations. The average ...
In the last four quarters, Southwestern Energy (SWN) beat the consensus EPS estimates in Q4 2017 and Q1 2018. However, SWN missed EPS estimates in Q2 2017 and Q3 2017. Thus, in the last four quarters, SWN beat the consensus EPS estimate 50% of the time and missed the consensus EPS estimate 50% of the time.
Roster of private company presenters and panels adds extra flavor to popular Denver-based annual oil and gas investment conference DENVER , Aug. 1, 2018 /PRNewswire/ -- Regardless of whether your area ...
Canadian oil and gas producer Encana Corp on Wednesday posted a 10 percent rise in adjusted operating profit, helped by an increase in production and higher selling prices for crude. Total oil and gas ...
Canadian oil and gas producer Encana Corp on Wednesday posted a quarterly loss compared with a profit a year ago, hurt by a $326 million non-cash charge. The Calgary-based company reported net loss of ...
CALGARY, Alberta, Aug. 01, 2018-- TSX, NYSE: ECA. Encana delivered strong financial performance in the second quarter driven by continued liquids growth, efficiencies and robust realized prices. Year-over-year, ...
For the second quarter, ConocoPhillips (COP) reported total production of 1,211 Mboepd (thousand barrels of oil equivalent per day), which is above the second-quarter production guidance range of 1,170–1,210 Mboepd. ConocoPhillips’s second-quarter production guidance and reported production didn’t include the production from Libya. Including Libya, the company’s second-quarter production was 1,249 Mboepd.
For the second quarter, ConocoPhillips (COP) reported revenues of ~$9.24 billion—lower than Wall Street analysts’ consensus of ~$9.93 billion. For the second quarter, ConocoPhillips reported sales and other operating revenues of ~$8.50 billion, equity on earnings from the affiliate of ~$265 million, gains on dispositions of ~$55 million, and other revenues of ~$416 million. In the second quarter, ~92% of ConocoPhillips’s revenues came from oil and gas production sales and purchased commodities.
For the second quarter of 2018, Wall Street analysts expect Southwestern Energy (SWN) to report revenues of ~$809 million. On a year-over-year basis, SWN’s Q2 2018 revenue expectations are lower by less than a percentage point when compared with Q2 2017 revenues of ~$811 million. Sequentially, Southwestern Energy’s Q2 2018 revenue expectations are lower by ~12% when compared with first-quarter revenues of ~$920 million.
As of July 26, ten analysts were covering CNX Resources (CNX). Of these analysts, ~40% of these analysts have “strong buy” and ~10% of the analysts had “buy” recommendations. Around 50% of analysts had “hold” recommendations on the stock. There aren’t any “sell” or “strong sell” recommendations on the stock.
Of these, ~27% analysts gave it “strong buys,” ~35% gave it “buys,” and ~38% gave it “holds.” There were no “sell” or “strong sell” recommendations on the stock.
CNX Resources (CNX) beat the consensus EPS estimates in Q2 2017 and Q1 2018 but missed EPS estimates in Q3 2017 and Q4 2017. Thus, in the last four quarters, CNX beat the consensus EPS estimate 50% of the time and missed the consensus EPS estimate 50% of the time.
For the second quarter, EOG Resources (EOG) expects total production in the range of 670.3–706.2 Mboepd (thousand barrels of oil equivalent per day). On a YoY (year-over-year) basis, the midpoint of EOG Resources’ second-quarter production guidance range is ~14% compared to its production of 603.9 Mboepd in the second quarter of 2017.
Of the seven analysts covering California Resources (CRC) on July 23, ~14% recommended “strong buy,” ~14% recommended “buy,” and ~72% recommended “hold.” Their median target price for CRC was $39, which was ~3% lower than its July 23 price of $40.30. Their highest target price for CRC was $70, and their lowest was $29. In the last three months, analysts’ median target price for CRC has increased from $24.50 to $39.
For the second quarter, Wall Street analysts expect EOG Resources (EOG) to report revenue of ~$3.91 billion. On a YoY (year-over-year) basis, EOG’s second-quarter revenue expectations are ~50% higher than its revenue of ~$2.61 billion in the second quarter of 2017.
In the last four quarters, California Resources (CRC) has beaten analysts’ EPS estimates three times—in Q3 2017, Q4 2017, and Q1 2018. However, it missed their EPS estimate in Q2 2017. In comparison, upstream players Encana (ECA), Pioneer Natural Resources (PXD), and Murphy Oil (MUR) have beaten analysts’ earnings expectations ~75%, ~100%, and ~75% of the time over the last four quarters, respectively.
CALGARY, Alberta, July 25, 2018-- Encana Corporation will release its 2018 second quarter results on Wednesday, August 1, 2018. The news release detailing Encana's 2018 second quarter results will provide ...