Thursday, November 14, 2013

Beating Analyst Expectations

Beating Analyst Expectations: Earnings Results
Chesapeake Energy Corporation (NYSE:CHK): This independent oil and gas firm reported net income of $156 million or $0.24 per share. Revenues came in at $4.87 billion.
Mixed Results
Devon Energy Corporation (NYSE:DVN): This oil and gas company reported earnings of $1.29 per share, slightly above analyst estimates of $1.20. Revenues were reported at $2.72 billion, just below expectations of $2.76 billion.
Apache Corp (NYSE:APA): This famed oil and gas exploration firm reported EPS of $2.32, beating analyst estimates by $0.17. Revenues came in at $1.02 billion, well below the consensus estimate of $4.32 billion.
NuStar Energy (NYSE:NS): This MLP topped analyst estimates by $0.01, with EPS coming in at $0.28. Revenues missed the mark, coming in at $780.01 million versus the $944.85 million estimate.