Did These Energy Stocks Miss or Beat Analyst Expectations?

Spectra Energy Partners, LP (NYSE:SEP) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share decreased 6.25% to $0.45 in the quarter versus EPS of $0.48 in the year-earlier quarter. Revenue Decreased 1.62% to $60.9 million from the year-earlier quarter.

Spectra Energy Partners, LP reported adjusted EPS income of $0.45 per share. By that measure, the company beat the mean analyst estimate of $0.42. It beat the average revenue estimate of $60.33 million.

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SEP

Cheniere Energy, Inc. (AMEX:LNG) had a loss and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased to $-0.54 in the quarter versus EPS of $-0.44 in the year-earlier quarter. Revenue Decreased 6.49% to $65.9 million from the year-earlier quarter.

Cheniere Energy, Inc. reported adjusted EPS loss of $0.54 per share. By that measure, the company missed the mean analyst estimate of $-0.20. It missed the average revenue estimate of $74.85 million.

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LNG

Dril-Quip, Inc. (NYSE:DRQ) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Adjusted Earnings Per Share increased 38.03% to $0.98 in the quarter versus EPS of $0.71 in the year-earlier quarter. Revenue Rose 9.08% to $193.2 million from the year-earlier quarter.

Dril-Quip, Inc. reported adjusted EPS income of $0.98 per share. By that measure, the company beat the mean analyst estimate of $0.8. It missed the average revenue estimate of $194.14 million.

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DRQ

Ultra Petroleum Corp. (NYSE:UPL) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 18.75% to $0.38 in the quarter versus EPS of $0.32 in the year-earlier quarter. Revenue Decreased 0.24% to $225.6 million from the year-earlier quarter.

Ultra Petroleum Corp. reported adjusted EPS income of $0.38 per share. By that measure, the company beat the mean analyst estimate of $0.27. It beat the average revenue estimate of $211.45 million.

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UPL

Targa Resources Partners LP (NYSE:NGLS) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 74.6% to $0.16 in the quarter versus EPS of $0.63 in the year-earlier quarter. Revenue Decreased 15.05% to $1.4 billion from the year-earlier quarter.

Targa Resources Partners LP reported adjusted EPS income of $0.16 per share. By that measure, the company missed the mean analyst estimate of $0.18. It missed the average revenue estimate of $1.68 billion.

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NGLS

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