Thursday, January 14, 2016

31 Largest Oklahoma Companies 2014 Total Audited US GAAP Earnings Up 86% Over 2013, Up 134% Over 2012, Up 304% Over 2009 and Up 936% Over 2008 ..... Two Year 2013-14 Total Earnings Improved By $32 Bil From Two Years 2008-9

From a review of the superb Google Finance Website and audited financial statements at the excellent SEC Website, presented below are the 31 largest Oklahoma HQed Companies, mostly Oil and Gas Related Companies, all with stock market capitalizations several weeks ago above $100 million and which also had annual earnings numbers reported for all years from 2010 through 2014.  
 

Below here are the reported Audited US GAAP Earnings (Losses) From Continuing Operations for each of  these 31 largest Oklahoma Companies for all years reported from 2007 through 2014, presented in order of  stock market cap of several weeks ago:





2014 2013 2012 2011 2010 2009 2008 2007




Audited Audited Audited Audited Audited Audited Audited Audited



Most Net Net Net Net Net Net Net Net
City State Recent Income Income Income Income Income Income Income Income
Oklahoma Largest Companies HQs HQs FYE (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss) (Loss)



 $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils  $ mils












Williams Companies Tulsa OK Dec 14       2,335          679          929       1,078          271          346          682          677
Williams Partners LP Tulsa OK Dec 14          429          341          178          194          195            33          165            52
Devon Energy Oklahoma City OK Dec14       1,691          (20)        (185)       2,134       2,333     (2,753)     (3,039)       2,485
Magellan Midstream Partners LP Tulsa OK Dec14          840          582          436          414          312          226          330          231
Continental Resources Oklahoma City OK Dec14          977          764          739          429          168            71          321            29
Oneok Partners LP Tulsa OK Dec 14          911          804          888          831          473          435          626          408
ONEOK Tulsa OK Dec14          669          589          678          645          350          484          595          493
Continental Resources Oklahoma City OK Dec14          977          764          739          429          168            71          321            29
Helmerich & Payne Tulsa OK Sep15          709          709          721          574          435          286          381          421
Chesapeake Energy Oklahoma City OK Dec14       2,056          894        (594)       1,757       1,774     (5,805)          604       1,455
Enable Midstream Partners LP Oklahoma City OK Dec14          533       1,618          316          232          224          197          262  NA 
BOK Financial Tulsa OK Dec14          295          319          354          290          248          204          146          221
Gulfport Energy Corp Oklahoma City OK Dec14          247          153            72          108            47            24        (185)            38
Laredo Petroleum Tulsa OK Dec14          266          117            62          106            88        (184)        (192)            (6)
ONE Gas Inc Tulsa OK Dec14          110            99            97            87          106            81            67  NA 
Paycom Software Oklahoma City OK Dec14              6              1            (0)              1            (0)            (0)            (4)  NA 
WPX Energy Tulsa OK Dec14          129     (1,104)        (174)          106        (935)          147          815          191
SemGroup Group Tulsa OK Dec14            52            66            29            12        (134)          (35)     (1,810)        (362)
NGL Energy Partners LP Tulsa OK Mar15            30            49            48              8            15              4              5              2
Alliance Holdings GP, LP Tulsa OK Dec14          493          393          330          396          319          190          133          168
Sonic Corp Oklahoma City OK Aug15            64            48            37            36            19            26            65            82
AAON Inc Tulsa OK Dec14            44            38            27            14            22            28            29            23
Rose Rock Midstream LP Tulsa OK Dec14            63            38            24            23            23          134     (1,088)          394
BancFirst Corp  Oklahoma City  OK Dec14            64            54            52            46            42            33            44            53
Unit Corp  Tulsa  OK Dec14          136          185            23          196          146          (56)          144          266
Matrix Service Co  Tulsa  OK Jun15            (2)            37            24            17            19              5            31            21
LSB Industries Inc Oklahoma City OK Dec14            20            55            59            84            30            22            37            47
Panhandle Oil and Gas Inc Oklahoma City OK Sep15              9            25            14              7              8            11            (2)            22
Orchids Paper Products Co Pryor OK Dec14              9            13              9              6              6            14              5              3
SandRidge Energy Inc Oklahoma City OK Dec14          352        (514)          247          162          195     (1,773)     (1,440)            50
Blueknight Energy Partners LP Oklahoma City OK Dec14            28            31            30            32          (25)          (17)            18          (13)












Total all 31


    14,542       7,827       6,209     10,454       6,942     (7,551)     (1,934)       7,480












2014 % Earnings Change:










….. Above 2013


86%






….. Above 2012


134%






….. Above 2009


304%






….. Above 2008


936%






….. Above 2007


94%


















Two Year Earnings (Losses) Totals:









.. 2013-14


    22,369






.. 2008-9


    (9,485)






…. Two Year Earnings Improvement

    31,854







But you get a completely different story in 2015.