Petrohawk Energy Earnings Preview: Get Ahead of the Analysts

Petrohawk Energy (NYSE:HK) will report earnings before markets open on Thursday, May 2nd. Petrohawk Energy Corporation is an oil and gas company. The Company participates in the exploration and production of natural gas and crude oil. Petrohawk’s operations are currently focused in proven oil and gas producing trends primarily in South Texas, Louisiana, and Central California.

Here is your Cheat Sheet to Petrohawk Energy Earnings:

Earnings Expectations: Analysts expect earnings of $0.06 per share on revenues of $196.47 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.11 to a profit $0.09. For the current year, the average estimate is a profit of $0.47, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Petrohawk Energy has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 205.86 87.08 111.14 103.69 247.94
Diluted EPS ($) -5.400 -2.250 0.09 -0.05 -0.91

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 25.58 26.87 23.28 73.14 124.65
Diluted EPS ($) -0.4646 -0.50 -0.59 -0.11 -0.0352

Past Performance:
Petrohawk Energy has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]