Investors are Digesting These Energy Stock Earnings Insights

Diamondback Energy Inc (NASDAQ:FANG) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Revenue Rose 80.63% to $28.9 million from the year-earlier quarter.

reported adjusted EPS income of $0.12 per share. By that measure, the company missed the mean analyst estimate of $0.17. It missed the average revenue estimate of $32.97 million.

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FANG

Mid-Con Energy Partners (NASDAQ:MCEP) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 41.67% to $0.21 in the quarter versus EPS of $0.36 in the year-earlier quarter. Revenue Rose 79.72% to $19.05 million from the year-earlier quarter.

Mid-Con Energy Partners reported adjusted EPS income of $0.21 per share. By that measure, the company missed the mean analyst estimate of $0.44. It missed the average revenue estimate of $19.97 million.

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MCEP

Oasis Petroleum Inc. (NYSE:OAS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Adjusted Earnings Per Share increased 80.65% to $0.56 in the quarter versus EPS of $0.31 in the year-earlier quarter. Revenue Rose 79.19% to $248.3 million from the year-earlier quarter.

Oasis Petroleum Inc. reported adjusted EPS income of $0.56 per share. By that measure, the company beat the mean analyst estimate of $0.51. It beat the average revenue estimate of $222 million.

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OAS

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.