Post Tagged with: "Q3 2017"

PetroQuest Energy to Present at EnerCom Dallas 2018

PetroQuest Energy to Present at EnerCom Dallas 2018

EnerCom Dallas presenting company PetroQuest Energy (ticker: PQ) was founded in 1985 as a Gulf Coast oil and gas company. From 1985 to 2002 PetroQuest grew its reserves located principally onshore in Louisiana and offshore in the Gulf of Mexico. …

Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Unit Corp. Reports Profitable Quarter, Sequential Production Increase in Q3

Borrowing base stays at $475 million

Unit Corporation (NYSE: UNT) reported Q3 today; highlights include:

  • Net income of $3.7 million and adjusted net income of $5.3 million.
  • Oil and natural gas segment production increased 5% over the second quarter of
ICD Rig 203

Independence Contract Drilling (ICD) Enters Q4 at 100% Fleet Utilization

Four contract renewals add three years to backlog

Q3 Highlights

  • Net loss of $6 million, or ($0.16) per share
  • Adjusted EBITDA of $3.1 million
  • Fully-burdened margin per day, excluding construction costs, of $4,521 per day. No reactivation expenses during Q3
ConocoPhillips: We’ve Reduced the ‘Growth Money’ Spend – the $17 Billion We Used to Spend Back in 2014

ConocoPhillips: We’ve Reduced the ‘Growth Money’ Spend – the $17 Billion We Used to Spend Back in 2014

ConocoPhillips (ticker: COP), the world’s largest independent E&P company, reported its Q3 financial results yesterday.

Q3 2017 Summary

  • Achieved Q3 production excluding Libya of 1,202 MBOED; 1.4 percent year-over-year underlying production growth excluding the impact of closed or signed dispositions;
Superior Energy Services 2017 Q3 Earnings: Progress Despite Hurricanes

Superior Energy Services 2017 Q3 Earnings: Progress Despite Hurricanes

SPN: increase in customer demand and service intensity for U.S. land markets

Superior Energy Services (ticker: SPN) released its Q3 Earnings today, announcing a net loss from continuing operations for the third quarter of 2017 of $57.2 million, or ($0.37) …

Schlumberger Leads Off Q3 Earnings Rush

Schlumberger Leads Off Q3 Earnings Rush

Kibsgaard: Market is now in balance, look for upward movement in oil prices and growth in E&P investment 

Earnings season is here for Q3, and the oil and gas industry got off to a strong start with Schlumberger (ticker: SLB) …