All Posts Tagged With: "PXD"

(DNR) Denbury Resources Posts an Impressive Second Quarter

Denbury Resources Inc. (DNR) has reported second-quarter 2011 earnings of 37 cents per share (excluding one-time items), beating our expectation of 33 cents. The quarterly result was also well above the year-earlier adjusted earnings of 18 cents, attributable to overall higher... 

5Aug2011 | | 0 comments | Continued

(DNR) Denbury Resources to Get Riley Ridge Unit

Denbury Resources Inc. (DNR) has entered into an agreement to acquire working interests in Riley Ridge Federal Unit located in southwestern Wyoming as well as mineral leases adjoining the Unit from Cimarex Energy Co. (XEC). The total consideration of the transaction, which is... 

30Jun2011 | | 0 comments | Continued

(APA) Apache Secures Exploration Rights

As per market sources, Apache Corporation (APA) has won oil and gas exploration rights in the vast acreage of Alaska’s Cook Inlet. The company was the sole bidder for the three-lease package offered by the Alaska Division of Oil and Gas. Apache submitted the bid at $613,690,... 

26Jun2011 | | 0 comments | Continued

(PXP) Plains Exploration & Production Posts Strong 2011 First Quarter

Plains Exploration & Production Co. (PXP) posted first-quarter 2011 operating earnings of 37 cents per share, beating the Zacks Consensus Estimate of 33 cents and the year-ago profit of 31 cents. The company’s outperformance in the quarter was driven by higher crude oil... 

6May2011 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Profits – Production Grows

Pioneer Natural Resources Company (PXD) reported first quarter 2011 adjusted earnings of 68 cents per share, outpacing the Zacks Consensus Estimate of 53 cents and showing a decent improvement from the year-earlier income of 48 cents. Better-than-expected results were mainly... 

4May2011 | | 0 comments | Continued

(AMZN) Stock Market News for March 30, 2011 – Market News

Investors shrugged off disappointing domestic data as energy and technology boosted the indices to highest levels since Libyan violence started dampening the markets last month. However, volumes once again remained low and reflected investor cautiousness ahead of earnings results. The... 

30Mar2011 | | 0 comments | Continued

(DTV) Financial Tides Three Fantastic Growth Stocks From Jim Van Meerten

My definition of growth stocks may be different from yours.  I look for 4 things: increasing sales, increasing earnings, increasing prices and a volume that allows me to get in and out quite easily.  This morning I used Barchart to screen 6000 stocks and came up with these... 

26Feb2011 | | 0 comments | Continued

(PXP) Plains Exploration & Production’s Quarterly Report Misses Expectations

Plains Exploration & 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... 

25Feb2011 | | 0 comments | Continued

(EOG) How to Profit From the New Oil Boom in Texas

by David Fessler, Energy and Infrastructure Expert Friday, February 4, 2011: Issue #1443 It was 1894 when a crew of workers in Corsicana, Texas were drilling for water… only to strike oil instead. The rest, as they say, is history – and Texas’ relationship with black... 

6Feb2011 | | 0 comments | Continued

(PXP) Plains Exploration & Production Company Advances Plans

Plains Exploration & Production Company (PXP) has updated its natural gas derivative positions for 2011 and 2012 and also provided details on its Gulf of Mexico (GOM) divestments. Hedge Positions Plains Exploration & Production announced that its has hedged nearly 200,000... 

22Dec2010 | | 0 comments | Continued

(PXP) Plains Exploration & Production Company Analyst Maintains Neutral on Shares

We recently reiterated our ‘Neutral’ recommendation on Plains Exploration & Production Company (PXP). Texas-based Plains Exploration & Production Co. is an independent oil and gas company primarily engaged in acquiring, developing, exploring and producing... 

20Dec2010 | | 0 comments | Continued

(EPD) nterprise Products Partners and Enterprise GP Holdings Wrap up Merger

One of the nation’s biggest pipeline operators, Enterprise Products Partners L.P. (EPD) and Enterprise GP Holdings LP (“EPE”) have completed a unit-based merger. Enterprise GP is now a subsidiary of Enterprise Products. Per the agreement, for every 1 unit, EPE unitholders... 

19Dec2010 | | 0 comments | Continued

(APD) Company News for September 7, 2010 – Corporate Summary

• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ:ORCL) announced the appointment of former Hewlett-Packard (NYSE:HPQ) CEO Mark Hurd as co-President • Goldman Sachs... 

8Sep2010 | | 0 comments | Continued

(APD) Company News for September 7, 2010 – Corporate Summary

• Air Products & Chemicals (NYSE:APD) raised its offer for Airgas (NYSE:ARG) to $65.50 from $63.50 per share, equalling $5.5 billion • Oracle (NASDAQ:ORCL) announced the appointment of former Hewlett-Packard (NYSE:HPQ) CEO Mark Hurd as co-President • Goldman Sachs... 

7Sep2010 | | 0 comments | Continued

(PXP) Plains Exploration & Production Plans a Cut in Gulf of Mexico Assets

Oil and gas company Plains Exploration & Production Co. (PXP) has decided to reduce its operation in the Gulf of Mexico (GOM) area. The company has plans to sell $2 billion worth of assets in the GOM with a view to align capital spending with operating cash flow. Plains has... 

11Aug2010 | | 0 comments | Continued

(PXD) U.S. Energy Information Administration Reports Big Natural Gas Build

The federal government’s Energy Information Administration (“EIA”) reported a larger-than-expected increase in natural gas supplies, reflecting an increasing onshore output. This was partially offset by soaring temperatures in the northeastern U.S. that provided a spurt... 

26Jul2010 | | 0 comments | Continued

(EIA) Energy Information Administration Reports Smaller Natural Gas Stockpile Rise

The federal government’s Energy Information Administration (EIA) reported a lower-than-expected increase in natural gas supplies, reflecting warmer-than-normal temperatures and storm-related production shut-ins resulting from Hurricane Alex. Stockpiles held in underground storage... 

3Jul2010 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Drills New Well in Eagle Ford

Pioneer Natural Resources Company (PXD) successfully drilled its fourth well in the Eagle Ford Shale play in South Texas. This well is significant for the company as it produces the highest condensate amount as well as the largest combined gas and liquids volume in this play... 

14Apr2010 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Company Scores Success at Eagle Ford

Pioneer Natural Resources Company (PXD), a Texas-based independent oil and gas exploration and production company, continues its successful Eagle Ford Shale (“EFS”) drilling program. The company yesterday announced its third successful well (the Charles Riedesel GU 1-1... 

29Mar2010 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Company Easily Beats Expectations

Pioneer Natural Resources Company (PXD) reported its fourth quarter results of 18 cents per share, easily beating the Zacks Consensus Estimate of 5 cents and the year-earlier quarter loss of 15 cents. Including one-time items, earnings were 48 cents per share. Pioneer’s quarterly... 

4Feb2010 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Company Initiated at Neutral

Ahead of the fourth quarter results scheduled to be released on February 2, we have initiated coverage on Pioneer Natural Resources Company (PXD) with a Neutral recommendation and a $51 target price. Irving, Texas-based Pioneer is an independent oil and gas exploration and production... 

21Jan2010 | | 0 comments | Continued

(PXD) Pioneer Natural Resources Company Misses Forecasts, but Volumes are up

Pioneer Natural Resources Company (PXD) reported its third quarter results of 2 cents per share, well below than the Zacks Consensus Estimate of 6 cents and year-earlier quarter earnings of 91 cents. Before adjusting one-time items, loss per share was 6 cents. Despite the increased... 

8Nov2009 | | 0 comments | Continued