InterOil (IOC) Q1 'Uneventful', But Shares Poised to Move Higher - Raymond James
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InterOil (IOC) Up 9% as Investors Position for Partnership Deal
May 14, 2013 10:45 AM EDTShares of InterOil Corporation (NYSE: IOC) are up 9 percent as investors focus on comments from the company's first quarter call about the ongoing LNG partnership selection. The company said they are in the final stages of a selection after receiving several bids. The comapny said there is no June 30 deadline.
Below are comments taken from the call directly addressing the partnership.
1. "Directly addressing our partner selection process, we are well aware that our shareholders are eager for us to conclude the long running sell-down and LNG partnering... More
InterOil (IOC) Tops Q1 EPS Views
May 13, 2013 4:31 PM EDTInterOil (NYSE: IOC) reported Q1 EPS of $0.08, $0.20 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $350.3 million versus the consensus estimate of $331.46 million.
For earnings history and earnings-related data on InterOil (IOC) click here.... More
