5 Energy Stocks Heading in Different Directions After Earnings

Spectra Energy Corp. (NYSE:SE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share were the same at $0.51 in the quarter as EPS of $0.51 in the year-earlier quarter. Revenue Rose 2.91% to $1.59 billion from the year-earlier quarter.

Spectra Energy Corp. reported adjusted EPS income of $0.51 per share. By that measure, the company beat the mean analyst estimate of $0.48. It beat the average revenue estimate of $1.55 billion.

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SE

Buckeye Partners LP (NYSE:BPL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 59.26% to $0.86 in the quarter versus EPS of $0.54 in the year-earlier quarter. Revenue Rose 6.79% to $1.35 billion from the year-earlier quarter.

Buckeye Partners LP reported adjusted EPS income of $0.86 per share. By that measure, the company beat the mean analyst estimate of $0.71. It beat the average revenue estimate of $1.29 billion.

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bpl

Gastar Exploration (AMEX:GST) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased to $0.09 in the quarter versus EPS of $-0.06 in the year-earlier quarter. Revenue Rose 23.5% to $11.3 million from the year-earlier quarter.

Gastar Exploration reported adjusted EPS income of $0.09 per share. By that measure, the company beat the mean analyst estimate of $0.02. It missed the average revenue estimate of $17.16 million.

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GST

Geospace Technologies Corporation (NASDAQ:GEOS) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 46.07% to $1.30 in the quarter versus EPS of $0.89 in the year-earlier quarter. Revenue Rose 35.91% to $76.42 million from the year-earlier quarter.

Geospace Technologies Corporation reported adjusted EPS income of $1.30 per share. By that measure, the company missed the mean analyst estimate of $1.70. It missed the average revenue estimate of $86.21 million.

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GEOS

Approach Resources, Inc. (NASDAQ:AREX) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 40% to $0.06 in the quarter versus EPS of $0.10 in the year-earlier quarter. Revenue Rose 18.45% to $36.27 million from the year-earlier quarter.

Approach Resources, Inc. reported adjusted EPS income of $0.06 per share. By that measure, the company beat the mean analyst estimate of $0.02. It missed the average revenue estimate of $37.61 million.

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AREX

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