Q3 Earnings Over/Under Achievers in the Gas Sector
A look at 3 companies who outperformed analysts' Q3 expectations – and three who came up short.
A look at 3 companies who outperformed analysts' Q3 expectations – and three who came up short.
Enbridge Inc. (TSE:ENB,NYSE:ENB) announces a quarterly dividend of $0.49 per common share payable on March 1, 2011 to shareholders of record on February 15, 2011.
Suncor Energy Inc. (TSE:SU) reports third quarter 2010 net earnings of $1.022 billion.
Spectra Energy Corp.’s first-quarter earnings dropped 19% amid weaker-than-expected commodities prices, a dip in demand and the effects of a stronger U.S. dollar. For full story, click here
Natural-gas distributor AGL Resources Inc. declared that its first-quarter earnings surged 34 percent, driven mainly by $47 million in hedging gains, and maintained its earlier 2009 profit estimate. For full story, click here
Northern Oil and Gas Inc. posted its Q3 net earnings of $871,819, or approximately $0.03 per share on revenue of $1,362,655. Michael Reger, CEO of Northern Oil and Gas Inc, said: We believe the power of our low-overhead model is apparent in our profit margins in the third quarter, despite falling commodity prices. We expect to [...]
The oil and gas space got a rare lift as glowing results reports encouraged investors back into the sector. For full story, click here
El Paso Corporation has announced second quarter 2008 financial and operational results for the company. For more news, click here
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