120 Largest Texas Oil & Gas Companies 9 Months September 2015 Total US GAAP Losses Were $20 Bil, a Massive $88 Bil Earnings Deterioration From the 9 Months September 2014 Total US GAAP Earnings of $68 Bil and Greedy Wall Street is Blaming This on the US Government SEC and the FASB's Oil and Gas Properties Accounting? ..... Give Me a Break!

From their SEC filings, below here are the reported US GAAP Earnings (Losses) From Continuing Operations for each of  the 120 largest Texas Oil & Gas Related Companies all with market caps above $100 milt, with December Year Ends, for the 9 Months Ended September 2015 and 2014:

					Nine
					Months
				2015	2014
			Most	Net	Net	Increase
Texas Largest Oil&Gas Companies	City	State	Recent	Income	Income	(Decrease)
With December Year Ends	HQs	HQs	FYE	(Loss)	(Loss)	Amount
				$ mils	$ mils	$ mils
Apache	Houston	TX	Dec14	(14,887)	222	(15,109)
Exxon Mobil	Irving	TX	Dec14	13,721	26,833	(13,112)
EOG Resources	Houston	TX	Dec 14	(4,240)	2,471	(6,711)
Occidental Petroleum	Houston	TX	Dec 14	(2,641)	3,296	(5,937)
Andarko Petroleum	The Woodlands	TX	Dec 14	(5,288)	(1,213)	(4,075)
Denbury Resources Inc	Plano	TX	Dec14	(3,500)	272	(3,772)
Halliburton	Houston	TX	Dec 14	(636)	2,533	(3,169)
Southwestern Energy Company	Spring	TX	Dec14	(2,449)	612	(3,061)
Newfield Exploration Co	Woodlands	TX	Dec14	(2,699)	283	(2,982)
Marathon Oil Corp	Houston	TX	Dec14	(1,411)	1,062	(2,473)
Schlumberger Ltd	Houston	TX	Dec14	3,125	5,393	(2,268)
Baker Hughes	Houston	TX	Dec 14	(939)	1,064	(2,003)
Linn Energy LLC	Houston	TX	Dec14	(2,288)	(297)	(1,991)
Superior Energy Services	Houston	TX	Dec14	(1,593)	207	(1,800)
Halcon Resources Corp	Houston	TX	Dec14	(1,529)	57	(1,586)
Sanchez Energy Corp	Houston	TX	Dec14	(1,477)	40	(1,517)
Vanguard Natural Resources LLC	Houston	TX	Dec14	(1,375)	124	(1,499)
Noble Energy	Houston	TX	Dec14	(413)	811	(1,224)
National Oilwell Varco	Houston	TX	Dec14	755	1,858	(1,103)
W&T Offshore Inc	Houston	TX	Dec14	(993)	22	(1,015)
Kinder Morgan Inc	Houston	TX	Dec14	944	1,877	(933)
EnLink Midstream Partners LP	Dallas	TX	Dec14	(666)	218	(884)
Carrizo Oil & Gas	Houston	TX	Dec14	(777)	93	(870)
EnLink Midstream LLC	Dallas	TX	Dec14	(688)	174	(862)
Comstock Resources Inc	Frisco	TX	Dec14	(759)	1	(760)
Range Resources Corp	Fort Worth	TX	Dec14	(392)	350	(742)
Crestwood Midstream Partners LP	Houston	TX	Dec14	(654)	64	(718)
Weatherford Intl PLC	Houston	TX	Dec14	(751)	(76)	(675)
Cameron Intl Corp	Houston	TX	Dec14	(12)	556	(568)
Matador Resources	Dallas	TX	Dec14	(449)	64	(513)
Diamondback Energy Inc	Midland	TX	Dec14	(361)	96	(457)
Memorial Production Partners LP	Houston	TX	Dec14	(468)	(43)	(425)
Nabors Industries Ltd	Houston	TX	Dec14	(168)	217	(385)
Oasis Petroleum Inc	Houston	TX	Dec14	(44)	330	(374)
NOW Inc	Houston	TX	Dec14	(253)	100	(353)
Concho Resources	Midland	TX	Dec14	67	408	(341)
Patterson-UTI Energy	Snyder	TX	Dec14	(236)	105	(341)
Plains All America Pipeline LP	Houston	TX	Dec14	659	996	(337)
Ultra Petroleum Corp	Houston	TX	Dec14	(3)	333	(336)
Cabot Oil & Gas	Houston	TX	Dec 14	(3)	326	(329)
Enbridge Energy Management LLC	Houston	TX	Dec14	(325)	4	(329)
Gastar Exploration Inc	Houston	TX	Dec14	(302)	21	(323)
Diamond Offshore Drilling Inc	Houston	TX	Dec14	(29)	288	(317)
Midcoast Energy Partners LP	Houston	TX	Dec14	(286)	16	(302)
Enterprise Products Partners LP	Houston	TX	Dec 14	1,865	2,152	(287)
Cheniere Energy	Houston	TX	Dec14	(785)	(508)	(277)
Spectra Energy	Houston	TX	Dec14	648	909	(261)
Pioneer Natural Resources	Irving	TX	Dec14	356	612	(256)
GulfMark Offshore Inc	Houston	TX	Dec14	(199)	55	(254)
Targa Resources Corp	Houston	TX	Dec14	81	331	(250)
Kosmos Energy Ltd	Dallas	TX	Dec14	(94)	151	(245)
Rowan Companies PLC	Houston	TX	Dec14	(31)	208	(239)
Contango Oil & Gas Co	Houston	TX	Dec14	(224)	(2)	(222)
Basic Energy Services Inc	Fort Worth	TX	Dec14	(187)	10	(197)
Approach Resources Inc	Fort Worth	TX	Dec14	(168)	29	(197)
FMC Technologies	Houston	TX	Dec14	339	535	(196)
Helix Energy Solutions Group Inc	Houston	TX	Dec14	27	188	(161)
Oceaneering Intl	Houston	TX	Dec14	204	326	(122)
Pioneer Energy Services Corp	San Antonio	TX	Dec14	(107)	10	(117)
EP Energy Corp	Houston	TX	Dec14	(17)	94	(111)
Magnum Hunter Resources Corp	Irving	TX	Dec14	(237)	(135)	(102)
Clayton Williams Energy Inc	Midland	TX	Dec14	(51)	48	(99)
VAALCO Energy Inc	Houston	TX	Dec14	(78)	21	(99)
Oil States Intl Inc	Houston	TX	Dec14	27	121	(94)
Abraxas Petroleum Corp	San Antonio	TX	Dec14	(60)	34	(94)
Core Laboratories NV	Houston	TX	Dec14	99	192	(93)
Forum Energy Technologies	Houston	TX	Dec14	44	128	(84)
Parker Drilling Co	Houston	TX	Dec14	(59)	16	(75)
Ion Geophysical Corp	Houston	TX	Dec14	(20)	54	(74)
Newpark Resources Inc	Woodlands	TX	Dec14	(8)	56	(64)
Jones Energy Inc	Austin	TX	Dec14	(11)	46	(57)
CVR Refining LP	Sugar Land	TX	Dec14	413	467	(54)
Flotek Industries Inc	Houston	TX	Dec14	(12)	37	(49)
Embridge Energy Partners LP	Houston	TX	Dec 14	342	386	(44)
Kirby Corp	Houston	TX	Dec14	177	216	(39)
Erin Energy Corp	Houston	TX	Dec14	(102)	(69)	(33)
TransAtlantic Petroleum Ltd	Addison	TX	Dec14	(13)	14	(27)
Dorchester Minerals LP	Dallas	TX	Dec14	11	37	(26)
Willbros Group Inc	Houston	TX	Dec14	(47)	(21)	(26)
USA Compression Partners LP	Austin	TX	Dec14	5	16	(11)
Southcross Energy Partners LP	Dallas	TX	Dec14	(39)	(30)	(9)
Dril-Quip	Houston	TX	Dec14	144	150	(6)
Adams Resources & Energy Inc	Houston	TX	Dec14	7	13	(6)
CVR Energy Inc	Sugar Land	TX	Dec14	376	379	(3)
Natural Gas Services Group Inc	Midland	TX	Dec14	7	10	(3)
CSI Compressco LP	Midland	TX	Dec14	5	7	(2)
Era Group Inc	Houston	TX	Dec14	12	14	(2)
Cobalt Intl Energy Inc	Houston	TX	Dec14	(174)	(177)	3
Trecora Resources	Sugar Land	TX	Dec14	17	13	4
TC Pipelines LP	Houston	TX	Dec14	157	151	6
Archrock Partners LP	Houston	TX	Dec14	54	43	11
NuStar GP Holdings LLC	San Antonio	TX	Dec14	59	47	12
JPEP Partners LP	Irving	TX	Dec14	(13)	(25)	12
Texas Pacific Land Trust	Dallas	TX	Dec14	41	27	14
Summit Midstream Partners LP	Woodlands	TX	Dec14	34	19	15
Energy Transfer Equity LP	Dallas	TX	Dec14	1,500	1,478	22
Energy Transfer Partners LP	Dallas	TX	Dec14	1,500	1,478	22
Holly Energy Partners LP	Dallas	TX	Dec14	105	83	22
Alon USA Partners LP	Dallas	TX	Dec14	150	127	23
Columbia Pipeline Group Inc	Houston	TX	Dec14	232	206	26
Buckeye Partners LP	Houston	TX	Dec 14	303	270	33
Western Refining Inc	El Paso	TX	Dec14	607	566	41
TETRA Technologies Inc	Woodlands	TX	Dec14	22	(20)	42
Martin Midstream Partners LP	Kilgore	TX	Dec14	30	(13)	43
Boardwalk Pipeline Partners LP	Houston	TX	Dec14	156	110	46
Western Gas Equity Partners LP	Woodlands	TX	Dec 14	361	308	53
Western Gas Partners LP	Woodlands	TX	Dec14	364	310	54
Cheniere Energy Partners LP	Houston	TX	Dec 14	(263)	(339)	76
Alon USA Energy Inc	Dallas	TX	Dec14	134	55	79
NuStar Energy LP	San Antonio	TX	Dec14	246	159	87
Par Pacific Holdings	Houston	TX	Dec14	27	(79)	106
Tesoro Logistics LP	San Antonio	TX	Dec14	223	106	117
Sunoco LP	Houston	TX	Dec14	172	(1)	173
Spectra Energy Partners LP	Houston	TX	Dec14	948	737	211
Noble Corp PLC	Sugar Land	TX	Dec14	721	503	218
HollyFrontier	Dallas	TX	Dec 14	826	537	289
Genesis Energy LP	Houston	TX	Dec14	395	80	315
Tesoro Corp	San Antonio	TX	Dec14	1,611	758	853
Valero Energy	San Antonio	TX	Dec 14	3,706	2,555	1,151
Transocean Ltd	Houston	TX	Dec14	207	(1,184)	1,391
Total all 120 Oil & Gas				(19,615)	68,363	(87,978)