Dominion Resources (D) stock experienced a sharp recovery after it fell on 4Q16 earnings day due to a gloomy outlook for 2017. Its stock rebounded more than 5% in its subsequent trading sessions.
ETE’s earnings are mainly dependent upon distribution income from its subsidiaries, and so ETP’s and SXL’s EBITDA growth drives ETE’s earnings.
BHP’s underlying net profit of $3.2 million was a solid improvement, as compared to the profit of $412 million in 4Q15.
Eli Lilly & Co.’s (LLY) top line rose 7% to ~$5.8 billion for 4Q16, driven by volume growth of pharmaceutical products such as Erbitux, Trulicity, Humalog, and Cyramza.
Whiting’s 4Q16 revenue was ~$474 million versus an estimate of $345 million. Its revenue in 4Q15 was ~$467 million.
Atlanta-based Southern Company (SO), one of the largest regulated utilities, reported its fourth quarter and 2016 financial results on February 22, 2017.
W&T Offshore (WTI) is set to report its 4Q16 and fiscal 2016 earnings on March 1, 2017, after the market closes.
Home Depot (HD) is the largest home improvement retailer in the world, with 2,278 stores spread across the United States, Canada, and Mexico.
Freeport-McMoRan’s (FCX) Grasberg mine has been in the headlines for the past couple of years, mostly for negative reasons.
Alon USA Partners (ALDW) reported its 4Q16 results on February 22, 2017. It reported cash available for distribution of $7.0 million.
Following the completion of its acquisition of Allergan’s Actavis Generics business on August 2, 2016, Teva Pharmaceutical plans to focus on realizing the deal’s synergies in 2017.
Marvell (MRVL) will report its fiscal 4Q17 earnings on March 2, 2017, and these earnings should reflect its restructuring plan.
On February 22, NRG Energy (NRG) had the highest implied volatility among the utility companies that make up the Utilities Select Sector SPDR ETF (XLU).
Nabors Industries (NBR) released its 4Q16 financial results on February 22, 2017. It recorded operating revenues of ~$539.0, a 27.0% fall from 4Q15.
The Kroger Company (KR), America’s largest supermarket company, is scheduled to report its fiscal 4Q17 and fiscal 2017 results on March 2, 2017.
In the past four trading sessions, natural gas April futures fell 11.1% and closed at ~$2.70 per MMBtu on February 22—0.4% higher than the previous session.
Honeywell (HON) stock has been on the rise since the beginning of 2017. On a year-to-date (or YTD) basis, HON has risen 7.9%.
Concho Resources (CXO) reported its 4Q16 earnings after the market closed on February 21, 2017. Its 4Q16 revenue was ~$525 million.
OppenheimerFunds In response to accusations of flip-flopping, John Maynard Keynes purportedly quipped, “When the facts change, I change my mind. What do you do, sir?” With 2017 in full swing,…
After eliminating unlimited wireless data plans nearly five years ago, Verizon (VZ) reintroduced its Unlimited offering, with four-line pricing largely matching AT&T’s (T) pricing.