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	<title>Stock Blog Hub &#187; BOE</title>
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		<title>(PXP) Plains Exploration &amp; Production&#8217;s Quarterly Report Misses Expectations</title>
		<link>http://www.stockbloghub.com/2011/02/25/pxp-plains-exploration-productions-quarterly-report-misses-expectations/67591</link>
		<comments>http://www.stockbloghub.com/2011/02/25/pxp-plains-exploration-productions-quarterly-report-misses-expectations/67591#comments</comments>
		<pubDate>Fri, 25 Feb 2011 19:07:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[Contango Oil & Gas Company]]></category>
		<category><![CDATA[MCF]]></category>
		<category><![CDATA[Pioneer Natural Resources Company]]></category>
		<category><![CDATA[Plains Exploration & Production Company]]></category>
		<category><![CDATA[PXD]]></category>
		<category><![CDATA[PXP]]></category>

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		<description><![CDATA[Plains Exploration &#38; Production Co. (PXP) posted fourth-quarter earnings of 20 cents per share, missing the Zacks Consensus Estimate of 30 cents and the year-ago profit of 61 cents. The company’s full-year 2010 earnings of $1.06 per share were also below the Zacks Estimate of $1.15. Annual results of the company also came in below last year’s earnings of $1.98. Operating Results Net revenues of $408.1 million grew 3.8% (positive surprise) from the Zacks Consensus Estimate of $393 million. Also, revenue grew 11% from $367.7 million a year-ago, driven primarily by higher commodity prices and higher sales volumes. Strong drilling results in the Granite Wash, Haynesville, California and South Texas Eagle Ford accounted for the volume growth during the quarter. Revenue for the full-year totaled $1.54 billion, marginally exceeding the ]]></description>
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		<title>(CEO) CNOOC 2010 First Half Earnings Report is Robust</title>
		<link>http://www.stockbloghub.com/2010/08/21/ceo-cnooc-2010-first-half-earnings-report-is-robust/48708</link>
		<comments>http://www.stockbloghub.com/2010/08/21/ceo-cnooc-2010-first-half-earnings-report-is-robust/48708#comments</comments>
		<pubDate>Sun, 22 Aug 2010 02:13:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CNOOC Limited]]></category>
		<category><![CDATA[PetroChina Company Limited]]></category>
		<category><![CDATA[PTR]]></category>
		<category><![CDATA[SNP]]></category>

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		<description><![CDATA[CNOOC Ltd. (CEO) reported its first-half 2010 results. Net profit in the period increased 109.6% year over year to 25.99 billion yuan ($3.8 billion).Earnings per share were 58 yuan per ADR ($8.5). Total revenue in the period was 83.16 billion yuan ($12.2 billion), up 104.6% from the year-earlier level. Oil and gas sales were 67.64 billionyuan ($9.9 billion), up 108%. The robust results were driven by solid production growth and strong oil price realizations. The realized crude oil price in the first half was $76.59 per barrel, up 55.2% year over year. Based on these results and a sound financial position, the company&#8217;s board has decided to pay an interim dividend of $2.7 per ADR. CNOOC’s results have set the stage for its domestic peers such as ChinaPetroleum &#38; Chemical ]]></description>
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		<item>
		<title>(PXP) Plains Exploration &amp; Production&#8217;s Earnings Meet Expectations</title>
		<link>http://www.stockbloghub.com/2010/08/07/pxp-plains-exploration-productions-earnings-meet-expectations/47091</link>
		<comments>http://www.stockbloghub.com/2010/08/07/pxp-plains-exploration-productions-earnings-meet-expectations/47091#comments</comments>
		<pubDate>Sat, 07 Aug 2010 17:33:08 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[Contango Oil & Gas Company]]></category>
		<category><![CDATA[MCF]]></category>
		<category><![CDATA[Plains Exploration & Production Company]]></category>
		<category><![CDATA[PXP]]></category>

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		<description><![CDATA[Plains Exploration &#38; Production Co. (PXP) posted second-quarter earnings of 26 cents per share, in line with the Zacks Consensus Estimate, but below the year-ago profit of 60 cents. Operating Results Net revenues of $364.6 million dipped 2.5% (negative surprise) from the Zacks Consensus Estimate of $374 million. However, it grew 31% from $278.7 million a year-ago, driven primarily by higher commodity prices and higher sales volumes. Strong drilling results in the Granite Wash, Haynesville, California and Gulf of Mexico accounted for the volume growth during the quarter. Despite the impacts of the fire and damage of a portion of the gas processing facility at the Madden Field in Fremont County, which reduced production by 850 BOE per day, daily sales volumes for the quarter increased 5% to 85.0 thousand ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TLM) Talisman Energy Lags Earnings Estimates</title>
		<link>http://www.stockbloghub.com/2010/02/10/tlm-talisman-energy-lags-earnings-estimates/27656</link>
		<comments>http://www.stockbloghub.com/2010/02/10/tlm-talisman-energy-lags-earnings-estimates/27656#comments</comments>
		<pubDate>Thu, 11 Feb 2010 00:22:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[Talisman Energy Inc]]></category>
		<category><![CDATA[TLM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=27656</guid>
		<description><![CDATA[Canadian energy explorer Talisman Energy Inc. (TLM) reported weaker-than-expected fourth quarter results, hampered by depressed natural gas prices. Earnings per share from continuing operations, excluding one-time items, came in at 7 Canadian cents (7 cents), below the Zacks Consensus Estimate of 14 cents and the year-ago earnings of 49 cents. However, revenue of C$1.2 billion was up 2.9% from the fourth quarter 2008 level. Earnings Surprise Trend It was the company’s third negative earnings surprise in the past four quarters. Talisman has performed poorly during this period, with its average earnings surprise being -27.0%. This implies that the company has missed the Zacks Consensus Estimate by 27.0% over the last four quarters. Volume Analysis Total production during the quarter was down approximately 2.1% from the year-ago level to 423 thousand ]]></description>
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		<item>
		<title>(TLM) Talisman Energy Net Slumps on Lower Prices</title>
		<link>http://www.stockbloghub.com/2009/11/10/tlm-talisman-energy-net-slumps-on-lower-prices/20203</link>
		<comments>http://www.stockbloghub.com/2009/11/10/tlm-talisman-energy-net-slumps-on-lower-prices/20203#comments</comments>
		<pubDate>Tue, 10 Nov 2009 23:40:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BlackRock Global Opportunities Equity Trust]]></category>
		<category><![CDATA[BOE]]></category>
		<category><![CDATA[Talisman Energy Inc]]></category>
		<category><![CDATA[TLM]]></category>

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		<description><![CDATA[Canadian energy explorer Talisman Energy Inc. (TLM) reported marginally better-than-expected third quarter results, helped by in-line production volumes. Earnings per share from continuing operations, excluding one-time items came in at 15 Canadian cents (14 cents), a penny above the Zacks Consensus Estimate. However, on a year-over-year basis, Talisman’s adjusted earnings per share slumped approximately 77%, while revenues declined 42.3% to C$1.5 billion, hurt by lower prices of oil and natural gas. Volume Analysis Production during the quarter was down approximately 9.5% from the year-ago level to 401 thousand barrels of oil equivalent per day (MBOE/d), reflecting asset sales in Western Canada and maintenance downtime. Oil &#38; liquids production during the quarter was down 16.9% to 192.3 thousand barrels per day (MBbl/d), or 48% of total volumes. Volumes in North America, the ]]></description>
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