Earnings – Page 612 – Oil & Gas 360

Unit Corporation Reports Q1'12 Results; All Three Segments Focused on Oil and Liquids Growth

May 3, 2012

Unit Corporation (NYSE: UNT) is a diversified oil and gas company engaged in the exploration and production of oil and natural gas, contract drilling of onshore oil and natural gas wells, and the gathering and processing of natural gas. UNT primary areas of operations are located in the Mid-Continent region, including the Anadarko, Arkoma, Permian, Rocky Mountains and Gulf Coast

Sanchez Energy Reports Q4'11 and Year-End 2011 Results; Company's Eagle Ford Largest Acreage Position Among Peer Group

March 30, 2012

Sanchez Energy Corporation (NYSE: SN) is a fast growing independent oil and gas company focused on the liquids rich Eagle Ford formation in South Texas. Assuming 120-acre spacing, Sanchez has approximately 750 economic drilling locations on its 92,000 net acreage position in the Eagle Ford. This is among the larger positions, if not the largest, among similarly-sized companies. The company

Equal Energy Reports Q4'11 and Year-End Results; Grows Production 29% (Q4/Q4)

March 22, 2012

Equal Energy (NYSE: EQU, TSX: EQU) announced its Q4’11 and year-end 2011 financial and operating results for the period ended December 31, 2011. During Q4’11, EQU reported oil and gas revenues increased 22% to $42.4 million, as compared to $34.7 million during the same period in 2010. During the full-year 2011, the company reported oil and gas revenues increased 14%

PDC Energy Reports Q4'11 and Year-end 2011 Results; Permian Asset Sale Closed; 2011 Production Surpasses Expectations

February 29, 2012

PDC Energy (NASDAQ: PETD) announced Q4’11 and year-end 2011 operational and financial results. The company reported a Q4’11 net loss of $8 million, or a loss of $0.35 per share, compared to a net loss of $18 million, or a loss of $0.86 per share in Q4’10. Revenues for Q4’11 totaled $80 million, an increase of 52% compared to $53

Acquire and Exploit Isn't All They Can Do: Energy XXI Updates Gulf of Mexico Shelf Operations; Organic Drilling Efforts Help EXXI Hit Production Goals

February 27, 2012

During the last six years, Energy XXI (NASDAQ:EXXI) has completed five major acquisitions, making EXXI the third largest producer on the Gulf of Mexico shelf. The company’s historic core strategy is to acquire and exploit producing oil properties; however, more recently, EXXI has been unlocking additional production value and reserve growth through its organic drilling programs. Today, EXXI reported four

UNT Reports Q4'11 and Year-end Results; All Operating Segments Driving Results; 55% Increase in Oil and Liquids Production Drives Earnings Higher 34% YOY

February 21, 2012

On February 21, 2012 Unit Corporation (NYSE: UNT) announced financial results for Q4 and year-end 2011. For Q4’11, the company reported net income of $51.7 million, or $1.08 per diluted share, as compared to Q4’10 net income of $43.7 million, or $0.92 per diluted share. Revenues for the fourth quarter were $345.6 million, a 37% increase over fourth quarter revenues

The Sun Never Sets on Core Laboratories; Posts Record Q4'11 and Year-End 2011 Results

February 2, 2012

On February 1, 2012, Core Laboratories (NYSE: CLB) reported fourth quarter 2011 and full-year earnings results. Core Lab reported Q4’11 net income of $53,076,000, an increase of 29% from Q4’10. Earnings per share during Q4’11 were $1.11 per share, an increase of 32% from Q4’10. Total Q4’11 revenues totaled $243,786,000, an increase of 17% when compared to Q4’10 total revenues.

Thumping its Way into 2012; Dawson Geophysical Reports Fiscal Q4'11 and Year-End Results

November 9, 2011

Dawson Geophysical (NASDAQ: DWSN) reported fiscal Q4’11 net income of $2,944,000, or $0.38 per share, compared to a fiscal Q4’10 net loss of $1,411,000, or a loss of $0.18 per share.. Analysts forecast net income to be $0.24 per share. Revenues during fiscal Q4’11 totaled $84,256,000, an increase of 42% when compared to fiscal Q4’10 revenues. EBITDA during the quarter

Resolute Energy Corp Reports Q3'11; Production Increasing from Expansion Projects

November 8, 2011

Resolute Energy Corporation (NYSE: REN) reported Q3’11 net income of $37.6 million, or $0.59 per share, compared to a Q3’10 net loss of $7.1 million, or a loss $0.14 per share. Total revenues for Q3’11 were $54.0 million, an increase of 29% from Q3’10 revenues of $41.8 million. Production during Q3’11 averaged 7,920 BOEPD, an increase of 4% from Q3’10.

GMX Resources Reports Q3'11 Earnings; Updates Operations and Liquidity Position

November 4, 2011

GMX Resources (NYSE: GMXR) reported a net loss in Q3’11 of $68.9 million, or $1.21 per share, compared to Q3’10 net income of $2.2 million, or $0.08 per share. Total Q3’11 revenues net of hedging were $28.4 million, a 15% increase over Q3’10 earnings of $24.8 million. GMXR’s Q3’11 production was 6.1 Bcfe, a 32% increase over the same period

PetroQuest Reports Q3'11 Earnings; Liquids Portfolio Looking Strong

November 4, 2011

PetroQuest Energy (NYSE: PQ) reported Q3’11 net income of $3.7 million, or $0.06 per share, compared to Q3’10 net income of $4.9 million, or $0.08 per share. Total Q3’11 revenues were $39.0 million, compared to Q3’10 revenues of $46.3 million. For the first nine months of 2011, PQ reported net income of $2.6 million, or $0.04 per share, compared to

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