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Category: 360 Articles

RPC Boosts Year-Over-year Revenue by 18% as OFS Gains Momentum

RPC Boosts Year-Over-year Revenue by 18% as OFS Gains Momentum

RPC, Inc. (ticker: RES) provides specialized oilfield services and equipment to independent and major oilfield companies.  The Company’s services include snubbing services, coiled tubing services, pressure pumping services, marine services, firefighting and well control, and rental of drill pipe and other equipment. Recent Financial Results RPC announced year-over-year increases in revenue, operating profit, net income and EBITDA in its Q1’14 […]

An OAG360® Exclusive Interview: Goodrich Petroleum and the Tuscaloosa Marine Shale

An OAG360® Exclusive Interview: Goodrich Petroleum and the Tuscaloosa Marine Shale

Goodrich Petroleum (ticker: GDP) is an independent oil and gas exploration and production company with operations in the Eagle Ford Shale, Haynesville Shale and Tuscaloosa Marine Shale (TMS). The TMS, located in Louisiana and Mississippi, is an emerging oil play that continues to draw industry attention. During 2014, Goodrich plans to spend 80% of its $300 million capital budget on […]

Bam! It’s Earnings Season Again – Q1’14 Estimates

Bam! It’s Earnings Season Again – Q1’14 Estimates

EnerCom, Inc. compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 181 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, 2014, is $0.33 per share compared to actual earnings per share of $0.24 […]

CAMAC Energy:  Arctic Securities Initiates Research Coverage, Petroleum Agreement Ratified with Ghana

CAMAC Energy: Arctic Securities Initiates Research Coverage, Petroleum Agreement Ratified with Ghana

CAMAC Energy Inc. (ticker: CAK) operates as an independent oil and gas exploration and production company focused on energy resources in Africa. Its asset portfolio consists of 8 licenses covering an area of 41,000 square kilometers, including production and other projects offshore Nigeria, as well as exploration licenses offshore and onshore Kenya, and offshore Gambia. CAMAC Energy is headquartered in […]

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

Federal Reserve Keeps Credit Ratings, Economy in Limbo as Oil & Gas Pushes Onward

March Madness may be recognized as the most exhilarating tournament in sports, but spectators simultaneously viewing the stock market with the Federal Reserve news conference on March 19, 2014, were treated to a roller coaster ride of their own. The market hung on every word spoken during Fed Chairwoman Janet Yellen’s debut until the organization insisted it will maintain the […]

Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

Range Resources Reveals Marketing Arrangements; Forecasting 16% Drop in Transportation Costs by 2016

Range Resources Corporation (ticker: RRC) is a leading independent oil and natural gas producer with operations focused in Appalachia and the southwest region of the United States. The Company pursues an organic growth strategy targeting high return, low-cost projects within its large inventory of low risk, development drilling opportunities. For the past decade, Range Resources has evolved into one of […]

Mexico’s Oil Industry Update: Will Privatization Reverse Downward Trends?

Mexico’s Oil Industry Update: Will Privatization Reverse Downward Trends?

Petróleos Mexicanos, or Pemex, is Mexico’s sole producer of crude oil, natural gas and refined products. The company provides Mexico with one-third of government income and was the ninth largest oil producer in the world in 2012. The oil and gas industry in Mexico has been nationalized since 1938, but production has declined every year since 2004 (24% overall). However, […]

Gary Evans, MHR CEO on CNBC’s Mad Money

Gary Evans, MHR CEO on CNBC’s Mad Money

Gary Evans, Chairman and CEO of Magnum Hunter Resources (MHR) appeared on CNBC’s Mad Money to discuss the company’s upcoming Utica Shale results, expected asset sales, and growth initiatives for 2014.   Important disclosures: The information provided herein is believed to be reliable; however, EnerCom, Inc. makes no representation or warranty as to its completeness or accuracy. EnerCom’s conclusions are based […]

Synergy Resources Horizontal Program Driving Up Revenues and Production

Synergy Resources Horizontal Program Driving Up Revenues and Production

Synergy Resources Corporation (ticker: SYRG) is a domestic oil and natural gas exploration and production company with 392,000 gross (286,000 net) acres under lease. Synergy’s core area of operations and all of its production comes from the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas and Nebraska. Synergy’s horizontal program, initiated in May 2013, doubled the company’s revenue and production on […]

PetroQuest Energy’s Woodford Wells Beat Estimates

PetroQuest Energy’s Woodford Wells Beat Estimates

PetroQuest Energy (ticker: PQ) is an independent energy company engaged in the exploration, development, acquisition and production of oil and natural gas reserves in the Arkoma Basin, Wyoming, Texas, South Louisiana and the shallow waters of the Gulf of Mexico. Woodford Wells Beat Type Curve In an operations update on April 7, 2014, PetroQuest announced six wells were placed online […]