3 Energy Stocks With Significantly Higher Trading Action After Earnings

Baker Hughes Inc. (NYSE:BHI) in the fourth quarter as profit dropped from a year earlier. Net income for the oil and gas equipment and services company fell to $314 million (72 cents per share) vs. $335 million (77 cents per share) a year earlier. This is a decline of 6.3% from the year earlier quarter. Revenue rose 21.8% to $5.39 billion from the year earlier quarter. BHI reported adjusted net income of $1.22 per share. By that measure, the company fell short of mean estimate of $1.33 per share. Analysts were expecting revenue of $5.47 billion.

Martin Craighead, Baker Hughes President and Chief Executive Officer, said: “We are pleased with our international margins of 16% in the fourth quarter (excluding the impairment of certain trade names), with contributions across all regions. Our business continues to improve and we benefited from increased activity, a favorable product mix as well as typical seasonal product sales. For 2012, we expect international growth to continue, particularly in the Latin America, Middle East, and deepwater markets.”

Competitors to Watch: National-Oilwell Varco, Inc. (NYSE:NOV), Weatherford Intl. Ltd. (NYSE:WFT), Newpark Resources, Inc. (NYSE:NR), Halliburton Company (NYSE:HAL), Flotek Industries, Inc. (NYSE:FTK), Oil States Intl., Inc. (NYSE:OIS), Schlumberger Limited. (NYSE:SLB), Bolt Technology Corp. (NASDAQ:BOLT), Cameron Intl. Corp. (NYSE:CAM), and Lufkin Industries, Inc. (NASDAQ:LUFK).

Peabody Energy Corporation (NYSE:BTU) reported higher profit for the fourth quarter as revenue showed growth. Net income for Peabody Energy Corporation rose to $222.4 million (82 cents per share) vs. $210 million (77 cents per share) in the same quarter a year earlier. This marks a rise of 5.9% from the year earlier quarter. Revenue rose 25.7% to $2.25 billion from the year earlier quarter. BTU reported adjusted net income of 98 cents per share. By that measure, the company fell short of mean estimate of $1.31 per share. It fell short of the average revenue estimate of $2.35 billion.

“2011 was the best year in Peabody’s history, combining our safest year, record-setting financial performance and a major metallurgical coal acquisition,” said Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce. “Looking forward, we are well positioned with fully contracted U.S. sales, an expanding Australian thermal and metallurgical coal platform, a growing global trading presence and multiple emerging Asian joint ventures. With the addition of Macarthur Coal, we now have one of the strongest development portfolios of thermal and metallurgical coal assets in the industry.”

Competitors to Watch: Arch Coal, Inc. (NYSE:ACI), CONSOL Energy Inc. (NYSE:CNX), Massey Energy Company (NYSE:MEE), Alpha Natural Resources, Inc. (NYSE:ANR), Patriot Coal Corporation (NYSE:PCX), Intl. Coal Group, Inc. (NYSE:ICO), Alliance Holdings GP, L.P. (NASDAQ:AHGP), Walter Energy, Inc. (NYSE:WLT), Oxford Resource Partners, LP (NYSE:OXF), and James River Coal Company (NASDAQ:JRCC).

Total System Services Inc. (NYSE:TSS) reported its results for the fourth quarter. Net income for Total System Services Inc. rose to $59.9 million (31 cents per share) vs. $47.2 million (24 cents per share) in the same quarter a year earlier. This marks a rise of 26.9% from the year earlier quarter. Revenue rose 7.3% to $472.2 million from the year earlier quarter. TSS fell in line with the mean analyst estimate of 31 cents per share. It beat the average revenue estimate of $450.3 million.

“We are pleased to report that we met or exceeded the high end of our guidance for 2011. Our 2011 results reflect continued strong same client transaction growth of 11.2% in our card issuer processing. The driving forces behind our results were consolidated organic revenue growth of 4.7% for the year, combined with acquisitions in the acquiring space, which added 2.9% to our growth in revenues before reimbursable items,” said Philip W. Tomlinson, chairman and chief executive officer of TSYS.

Competitors to Watch: Visa Inc. (NYSE:V), Fidelity National Information Services (NYSE:FIS), MasterCard Incorporated (NYSE:MA), Cass Information Systems (NASDAQ:CASS), NetSpend Holdings Inc (NASDAQ:NTSP), Fiserv, Inc. (NASDAQ:FISV), MoneyGram Intl., Inc. (NYSE:MGI), ACI Worldwide Inc (NASDAQ:ACIW), Banks.com Inc (AMEX:BNX), and Intl. Business Machines Corp. (NYSE:IBM).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com