El Paso (EP) Boosts FY11 Earnings, Production Outlook
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Price: $2.76 -0.72%
Financial Fact:
Income tax expense: 12M
Today's EPS Names:
MSGM, SMID, VISL, More
Financial Fact:
Income tax expense: 12M
Today's EPS Names:
MSGM, SMID, VISL, More
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El Paso Corporation (NYSE: EP) increases its FY11 earnings outlook.
The Company boosted adjusted EPS to $1.00 - $1.10, versus the consensus of $1.06.
Adjusted Segment EBITDA now expected to be $2.3 - $2.5 billion.
Total production increasing to 830-860 million cubic feet equivalent per day.
Oil volumes rising to 18,500-20,500 barrels per day, 35-45 percent above 2010 levels.
The Company boosted adjusted EPS to $1.00 - $1.10, versus the consensus of $1.06.
Adjusted Segment EBITDA now expected to be $2.3 - $2.5 billion.
Total production increasing to 830-860 million cubic feet equivalent per day.
Oil volumes rising to 18,500-20,500 barrels per day, 35-45 percent above 2010 levels.
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