3 Impressive Oil Stock Earnings You Might Have Missed This Week [The Motley Fool]
NEWFIELD EXPLORATION (NFX)
Last newfield exploration earnings: 10/31 04:19 pm
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US:NYSE Investor Relations:
ir.newfield.com/presentations
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Source: The Motley Fool
It has been a busy earnings season for the oil patch, which is why it would be easy for investors to have missed the solid performances of these three producers. Earnings season was in full swing this week, which can make an investor's head spin given the volume of reports to digest. Because of that, it's easy to have missed the earnings of lesser-known companies. That's especially true in the oil patch where several big-time producers posted disappointing results that grabbed attention. With all eyes on those headliners, investors likely missed the good news reported by Newfield Exploration ( NYSE:NFX ) , Encana ( NYSE:ECA ) , and Concho Resources ( NYSE:CXO ) . Coming out ahead in every metric that matters While several oil producers reported earnings that came in below analysts' estimates in the second quarter, Newfield Exploration posted expectation-beating results. The oil producer's net income was $189 million, or $0.94 per share, which was
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