Seeking Alpha

MARKET CURRENTS
Get real-time alerts
real-time news and commentary for investors

  • Today - Thursday, February 23, 2012

  • 7:32 AM Targa Resources Partners (NGLS): Q4 EPS of $0.75 may not be comparable to consensus of $0.51. Revenue of $1.93B (+27% Y/Y). (PR) Comment!
  • PXP
    7:26 AM Plains Exploration & Production (PXP): Q4 EPS of $0.70 may not be comparable to consensus of $0.38. Revenue of $517.5M (+26.8% Y/Y). (PR) Comment!
  • BRY
    7:22 AM Berry Petroleum Company (BRY): Q4 EPS of $0.76 beats by $0.04. Revenue of $240M (+0.8% Y/Y) beats by $9M. (PR) Comment!
  • USO, BNO
    7:15 AM More on oil: The correlation between oil prices and equities is melting away, notes Scott Barber. Since the financial crisis, the oil price has been demand driven - with crude moving higher along with stocks. Of late, price moves are more to do with supply worries which could presage something less than positive for the equity markets. 1 Comment
  • USO, BNO
    7:09 AM Crude oil hits more multi-month highs, with the U.S. benchmark WTI at $106.36, a price not seen since May. The world benchmark, Brent crude touches $124 - priced in euros, Brent has taken out its epic 2008 high. Comment!
  • BP, APC
    6:52 AM Though a judge in Houston rules that BP and Anadarko Petroleum (APC) are liable for civil damages from the Deepwater Horizon oil spill, Transocean's (RIG) liability is still up in the air after it wasn't named a "responsible party" in the decision. Premarket: BP -0.2%, APC +0.1%, RIG +6.7%. Comment!
  • 6:41 AM Linn Energy LLC (LINE): Q4 EPS of $0.51 in-line. (PR) Comment!
  • APC, BP
    5:52 AM Anadarko Petroleum (APC) and BP (BP) are liable for civil damages related to the Gulf oil Spill, District Judge Carl Barbier ruled yesterday, exposing the two firms to billions in potential fines. The government will now pursue civil penalties in a trial set to begin Monday. Comment!
  • Wednesday, February 22, 2012

  • 6:42 PM Tesla (TSLA -0.8%) shares were off sharply for a while today following a report noting the potential for Roadster batteries to die out (thereby requiring a replacement at a cost of $40K) should they not be charged for a few months, and thus discharge completely. However, shares rebounded after Tesla made an effort to address the issue (albeit without fully denying the problem exists). 2 Comments
  • HLX
    6:40 PM Helix Energy Solutions Group (HLX): Q4 EPS of -$0.16 may not be comparable to consensus of $0.32. Revenue of $396M (+29.4% Y/Y) beats by $66M. (PR) Comment!
  • SGY
    6:24 PM Stone Energy (SGY): Q4 EPS of $0.93 beats by $0.16. Revenue of $222.7M (+29.9% Y/Y) beats by $24M. Shares +2.3% AH. (PR) Comment!
  • PVA
    6:14 PM Penn Virginia (PVA): Q4 EPS of -$0.14 beats by $0.19. Revenue of $80.5M (+25% Y/Y). (PR) Comment!
  • SM
    6:06 PM SM Energy (SM): Q4 EPS of $0.60 beats by $0.04. Revenue of $379.5M (+29% Y/Y) beats by $34M. (PR) Comment!
  • GDP
    5:47 PM Goodrich Petroleum (GDP): Q4 EPS of -$0.66 may not be comparable to consensus of -$0.20. Revenue of $51.4M (+41.6% Y/Y) misses by $10M. (PR) Comment!
  • QEP
    5:03 PM QEP Resources (QEP): Q4 EPS of $0.58 beats by $0.15. Revenue of $853.3M (+45% Y/Y). Shares +0.9% AH. (PR) Comment!
  • OAS
    5:00 PM Oasis Petroleum (OAS): Q4 EPS of -$0.15 may not be comparable to consensus of $0.30. Revenue of $116.8M (+138% Y/Y) beats by $1.4M. (PR) Comment!
  • CLR
    4:53 PM Continental Resources (CLR): Q4 EPS of ($0.62) may not be comparable to expectations for profit of $0.77 (it includes $402M or $2.22/share derivatives loss). Revenue of $508M (before $402M derivatives loss) beats by $27M. Shares flat AH. (PR) Comment!
  • ANW
    4:46 PM Aegean Marine Petroleum Network (ANW): Q4 EPS of $0.14 beats by $0.02. Revenue of $1.74B (+19.7% Y/Y) beats by $60M. Shares +1.8% AH. (PR) Comment!
  • CXO
    4:27 PM Concho Resources (CXO): Q4 EPS of $4.15 may not be comparable to consensus of $1.17. Revenue of $478M (+51.5% Y/Y) beats by $26M. Shares -3.5% AH. (PR) Comment!
  • WLL
    4:21 PM Whiting Petroleum (WLL): Q4 EPS of $1.05 beats by $0.10. Revenue of $498.6M (+20.6% Y/Y) beats by $9M. Shares +2.5% AH. (PR) Comment!
xx
Other date
DJIA (DIA) S&P 500 (IVV)