Energy & Resources

Abraxas Petroleum Provides Adjusted Q4 and FY15 Production Outlook

December 15, 2014 at 5:23 pm

Abraxas Petroleum (AXAS), an independent energy company, said late Monday that it is updating its production guidance for Q4 and fiscal year 2015. The company said that it is adjusting its Q4 estimated volumes to 6,700 – 6,800 boepd, citing weather and offsetting fracture stimulations as factors that contributed toRead More

Axcelis Technologies Drops Q2 Guidance

Axcelis Technologies Drops Q2 Guidance

July 8, 2014 at 6:05 am

Axcelis Technologies (ACLS) announced late Monday that multiple systems it planned for late June shipment pushed out of the Q2 period due to customer timing issues, and as a result, the company now expects Q2 revenue to be between $40 million and $42 million, down from the previous revenue guidanceRead More

Energy Stocks to Watch: SunPower Corporation(NASDAQ:SPWR), First Solar, Inc. (NASDAQ:FSLR)

June 4, 2014 at 2:24 pm

SunPower Chairman Thomas Werner acquired 47,895 shares of the company’s stock, CFO Charles Boynton acquired 3,188 shares, COO Marty Neese acquired 19,128 shares, and President Howard Wenger acquired 19,128 shares, all on June 1, according to filings disclosed last night. The filings also showed that Werner sold 25,000 shares onRead More

Pentair EPS in Line, but Revenue Somewhat Soft

Pentair EPS in Line, but Revenue Somewhat Soft

April 30, 2014 at 6:24 am

Pentair reported first-quarter results, with adjusted EPS of $0.73 (up 26% yearover- year), in line with the consensus estimate and management’s guidance range of $0.70- $0.73. Revenue declined 3% year-over-year (1% organic decline), to $1.73 billion, largely due to weakness within the businesses inherited from Tyco Flow Control. Specifically, theRead More

Weather Wears on Core Laboratories Quarterly Performance

Weather Wears on Core Laboratories Quarterly Performance

April 24, 2014 at 11:33 am

Core Laboratories N.V. reported first quarter 2014 results; revenue was well below Street expectations ($263 million, versus consensus of $283 million) and EPS were $0.10 below the consensus. Management called out weather disruptions and project delays, and excluding these issues and foreign-exchange, EPS would have been in line at $1.45.Read More

Amgen Pipeline Remains the Focus Following Soft Quarter

Amgen Pipeline Remains the Focus Following Soft Quarter

April 24, 2014 at 6:15 am

After the markets closed on Tuesday, April 22, Amgen reported a first-quarter adjusted EPS of $1.87, below our estimate of $1.95 and Street’s estimate of $1.93. First-quarter revenue was $4.5 billion, below our estimate of $4.8 billion. Exhibit 1, on the following page, provides a complete variance analysis of theRead More