Energen (EGN) Tops Q2 EPS by 6c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Wall Street closes higher as investors digest earnings, megacap outlook
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Energen’s 2Q16 Production Exceeds Guidance Midpoint by 4%
August 8, 2016 4:15 PM EDTBroad-based Efficiency Gains Continue as Expenses Reduced
5-Well Average Production History Underscores Core Delaware Basin Potential
Highlights
Positive response to upsized (MB Generation 2) completions continued in Midland Basin Total 2Q16 production increased 7% from 1Q16; sequential growth in oil production of 8.5% 2Q16 production from Midland Basin horizontal wells increased 22% from 1Q16 CY16 production guidance midpoint raised approximately 2%, or 900 boepd 2Q per-unit LOE and SG&A declined 20% and 39% YoY, respectively... More
