Tuesday, August 22, 2017

2Q 2017 US Oil & Gas Companies With Market Caps Above $1 Bil Total Earnings Were $8.251 Bil, an Earnings Improvement of $21.687 Bil From the 2Q 2016 Total Losses of $13.436 Bil ....................................................................................... When the US Government Overwhelmingly Prop Ups One Industry Like Russia and China Do in Their Controlled Economies, US Companies Total Earnings Will Be Redistributed Inefficiently and the Overall US Economy Will Eventually Severely Suffer, Harming Primarily the US Middle Class and Those Striving To Get There

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 154 US Oil & Gas Companies headquartered in the US with Stock Market Capitalizations of more than $1 Bil very recently and which have filed their Calendar Second Quarter 2017 Financial Statements with the SEC. 

Below here are the Total Reported US GAAP Earnings (Losses) From Continuing Operations for the Second Calendar Quarters of both 2017 and 2016 for each of these 154 largest US Oil & Gas Companies.






Calendar Calendar






2Q 17 2Q 16



Calendar US GAAP US GAAP Net


Most
2Q 17 Net Net Income
US Oil & Gas Companies City State Recent
Month Income Income Better
Stock Market Caps Above $1 Bil HQs HQs FYE
End (Loss) (Loss) (Worse)





 $ mils  $ mils  $ mils
All June Quarter Ends







Exxon Mobil Irving TX Dec16
June            3,264            1,681            1,583
Chevron San Ramon CA Dec16
June            1,466          (1,463)            2,929
Enterprise Products Partners LP Houston TX Dec16
June               666               570                 96
Apache Houston TX Dec16
June               613             (200)               813
Phillips 66 Houston TX Dec16
June               581               516                 65
Marathon Petroleum Findlay OH Dec16
June               574               783             (209)
Valero Energy San Antonio TX Dec16
June               572               843             (271)
Occidental Petroleum Houston TX Dec16
June               507             (136)               643
Ultra Petroleum Corp Houston TX Dec16
June               499                 14               485
Chesapeake Energy Oklahoma City OK Dec16
June               495          (1,776)            2,271
Devon Energy Oklahoma City OK Dec16
June               451          (1,563)            2,014
Kinder Morgan Inc Houston TX Dec16
June               383               375                   8
Spectra Energy Partners LP Houston TX Dec16
June               367               305                 62
Energy Transfer LP Dallas TX Dec16
June               350               472             (122)
Williams Partners LP Tulsa OK Dec16
June               348               (77)               425
Freeport-McMoRan Phoenix AZ Dec16
June               326             (229)               555
Southwestern Energy Company Spring TX Dec16
June               284             (593)               877
Pioneer Natural Resources Irving TX Dec16
June               233             (268)               501
Enbridge Energy Partners LP Houston TX Dec16
June               232               241                 (9)
Linn Energy Houston TX Dec16
June               223               205                 18
Magellan Midstream Partners LP Tulsa OK Dec16
June               210               188                 22
Williams Companies Tulsa OK Dec16
June               193             (505)               698
MPLX LP Findlay OH Dec16
June               191                 72               119
Plains All America Pipeline LP Houston TX Dec16
June               189               102                 87
ONEOK Tulsa OK Dec16
June               176               180                 (4)
Western Gas Partners LP Woodlands TX Dec16
June               175               167                   8
CONSOL Energy Canonsburg PA Dec16
June               174             (234)               408
Diamondback Energy Inc Midland TX Dec16
June               164             (157)               321
TechnipFMC plc Houston TX Dec16
June               159               104                 55
Concho Resources Midland TX Dec16
June               152             (266)               418
EQT Midstream Partners LP Pittsburgh PA Dec16
June               139               132                   7
Rice Energy Canonsburg PA Dec16
June               137             (139)               276
EQT Corp Pittsburgh PA Dec16
June               123             (181)               304
Energy Transfer Equity LP Dallas TX Dec16
June               117               424             (307)
Buckeye Partners LP Houston TX Dec16
June               116               144               (28)
Andeavor Logistics LP San Antonio TX Dec16
June               110                 76                 34
Gulfport Energy Corp Oklahoma City OK Dec16
June               105             (340)               445
Phillips 66 Partners LP Houston TX Dec16
June               103               100                   3
Newfield Exploration Co Woodlands TX Dec16
June                 98             (667)               765
Cimarex Energy Denver CO Dec16
June                 97             (214)               311
Enable Midstream Partners LP Oklahoma City OK Dec16
June                 96                 39                 57
DCP Midstream, LP Denver CO Dec16
June                 89               (23)               112
Andeavor San Antonio TX Dec16
June                 87               449             (362)
Antero Midstream Partners LP Denver CO Dec16
June                 87                 50                 37
Tallgrass Energy GP LP Leawood KS Dec16
June                 79                 81                 (2)
KBR Inc Houston TX Dec16
June                 79                 47                 32
WPX Energy Tulsa OK Dec16
June                 76             (223)               299
HollyFrontier Dallas TX Dec16
June                 74             (392)               466
Atmos Energy Corp Dallas TX Sep16
June                 71                 66                   5
Targa Resources Corp Houston TX Dec16
June                 71               (15)                 86
Range Resources Corp Fort Worth TX Dec16
June                 70             (225)               295
Shell Midstream Partners LP Houston TX Dec16
June                 69                 71                 (2)
Hess Midstream Partners LP Houston TX Dec16
June                 68                 40                 28
Laredo Petroleum Tulsa OK Dec16
June                 61               (71)               132
National Fuel Gas Co Williamsville NY Sep16
June                 60                   8                 52
Valero Energy Partners LP San Antonio TX Dec16
June                 58                 45                 13
Valvoline Lexington KY Sep16
June                 56                 75               (19)
Carrizo Oil & Gas Houston TX Dec16
June                 56             (262)               318
Parsley Energy Inc Austin TX Dec16
June                 56               (27)                 83
Murphy USA El Dorado AR Dec16
June                 56                 46                 10
Black Stone Minerals LP Houston TX Dec16
June                 54               (21)                 75
TC Pipelines LP Houston TX Dec16
June                 50                 57                 (7)
Cheniere Energy Partners LP Houston TX Dec16
June                 46             (100)               146
QEP Resources Denver CO Dec16
June                 45             (197)               242
RPC Inc Atlanta GA Dec16
June                 44               (49)                 93
Rice Midstream Partners LP Canonsburg PA Dec16
June                 44                 28                 16
Holly Energy Partners LP Dallas TX Dec16
June                 43                 40                   3
PDC Energy Denver CO Dec16
June                 41               (95)               136
Antero Resources Corp Denver CO Dec16
June                 40             (575)               615
Noble Midstream Partners LP Houston TX Dec16
June                 39                 14                 25
McDermott Intl Houston TX Dec16
June                 36                 22                 14
Genesis Energy LP Houston TX Dec16
June                 34                 24                 10
Sunoco LP Houston TX Dec16
June                 34                 57               (23)
EnLink Midstream Partners LP Dallas TX Dec16
June                 33                   3                 30
Callon Petroleum Company Natchez MS Dec16
June                 33               (70)               103
Dominion Energy Midstream Partners LP Richmond VA Dec16
June                 32                 53               (21)
Matador Resources Dallas TX Dec16
June                 32             (106)               138
RSP Permian Dallas TX Dec16
June                 31               (10)                 41
World Fuel Services Miami FL Dec16
June                 30                 30                  -  
CONE Midstream Partners LP Canonsburg PA Dec16
June                 30                 24                   6
Energen Corp Birmingham AL Dec16
June                 29                 37                 (8)
Halliburton Houston TX Dec16
June                 28          (3,205)            3,233
SRC Energy Denver CO Dec16
June                 28             (154)               182
EnLink Midstream LLC Dallas TX Dec16
June                 27                   1                 26
NuStar Energy LP San Antonio TX Dec16
June                 26                 53               (27)
Kirby Corp Houston TX Dec16
June                 26                 39               (13)
Macquarie Infrastructure Corp New York NY Dec16
June                 26                 21                   5
WildHorse Resource Development Houston TX Dec16
June                 26               (18)                 44
Boardwalk Pipeline Partners LP Houston TX Dec16
June                 24                 66               (42)
EOG Resources Houston TX Dec16
June                 23             (293)               316
Core Laboratories NV Houston TX Dec16
June                 23                 17                   6
Centennial Resource Development Denver CO Dec16
June                 23               (16)                 39
Cabot Oil & Gas Houston TX Dec16
June                 22               (63)                 85
Viper Energy Partners LP Midland TX Dec16
June                 22               (14)                 36
New Jersey Resources Corp Wall NJ Sep16
June                 19               (17)                 36
Western Refining Logistics LP El Paso TX Dec16
June                 19                 10                   9
Oasis Petroleum Inc Houston TX Dec16
June                 17               (90)               107
Texas Pacific Land Trust Dallas TX Dec16
June                 17                 10                   7
Jagged Peak Energy Denver CO Dec16
June                 16                 (6)                 22
Diamond Offshore Drilling Inc Houston TX Dec16
June                 16             (590)               606
Quaker Chemical Corp Conshohocken PA Dec16
June                 12                 15                 (3)
Summit Midstream Partners LP Woodlands TX Dec16
June                 11               (51)                 62
Cheniere Energy Houston TX Dec16
June                 10             (335)               345
SemGroup Group Tulsa OK Dec16
June                 10                 11                 (1)
Extraction Oil & Gas Denver CO Dec16
June                   7             (128)               135
MRC Global Inc Houston TX Dec16
June                   6               (17)                 23
Cheniere Energy Partners LP Hldgs Houston TX Dec16
June                   4                   4                  -  
Oceaneering Intl Houston TX Dec16
June                   2                 22               (20)
USA Compression Partners LP Austin TX Dec16
June                   1                   3                 (2)
Salaris Oilfield Infrastructure Houston TX Dec16
June                   1                 (1)                   2
Crestwood Equity Partners LP Houston TX Dec16
June                   0               (37)                 37
Dril-Quip Houston TX Dec16
June                   0                 36               (36)
Enbridge Energy Management LLC Houston TX Dec16
June                 (2)                 (1)                 (1)
Antero Midstream GP LP Denver CO Dec16
June                 (3)                   2                 (5)
South Jersey Industries Folsom NJ Dec16
June                 (8)                 (5)                 (3)
Kosmos Energy Ltd Dallas TX Dec16
June                 (8)             (108)               100
Keane Group Houston TX Dec16
June               (12)               (46)                 34
C&J Energy Services Houston TX Dec16
June               (13)             (291)               278
Oil States Intl Inc Houston TX Dec16
June               (14)               (12)                 (2)
Murphy Oil Corp El Dorado AR Dec16
June               (17)                   3               (20)
NOW Inc Houston TX Dec16
June               (17)               (44)                 27
CVR Energy Inc Sugar Land TX Dec16
June               (19)                 44               (63)
CVR Refining LP Sugar Land TX Dec16
June               (19)                 78               (97)
Helmerich & Payne Tulsa OK Sep16
June               (23)               (21)                 (2)
Franks Intl NV Fort Lauderdale FL Dec16
June               (26)               (45)                 19
Targa Resources Partners LP Houston TX Dec16
June               (29)                 (5)               (24)
Rowan Companies PLC Houston TX Dec16
June               (29)               217             (246)
Suburban Propane Partners LP Whippany NJ Sep16
June               (30)               (30)                  -  
Delek US Holdings Inc Brentwood TN Dec16
June               (32)                 (3)               (29)
Tellurian Houston TX Dec16
June               (35)               (16)               (19)
Ensco plc Houston TX Dec16
June               (45)               593             (638)
AmeriGas Partners LP King of Prussia PA Sep16
June               (47)               (33)               (14)
UGI Corp King of Prussia PA Sep16
June               (62)                 29               (91)
Superior Energy Services Houston TX Dec16
June               (62)             (469)               407
Continental Resources Oklahoma City OK Dec16
June               (64)             (119)                 55
NGL Energy Partners LP Tulsa OK Mar16
June               (64)               183             (247)
Whiting Petroleum Corp Denver CO Dec16
June               (66)             (301)               235
National Oilwell Varco Houston TX Dec16
June               (74)             (217)               143
Forum Energy Technologies Houston TX Dec16
June               (78)               (29)               (49)
Schlumberger Ltd Houston TX Dec16
June               (81)          (2,146)            2,065
Patterson-UTI Energy Snyder TX Dec16
June               (92)               (86)                 (6)
PBF Energy Inc Parsippany NJ Dec16
June             (104)               121             (225)
Nabors Industries Ltd Houston TX Dec16
June             (115)             (187)                 72
SM Energy Denver CO Dec16
June             (120)             (169)                 49
Marathon Oil Corp Houston TX Dec16
June             (153)             (138)               (15)
Weatherford Intl plc Houston TX Dec16
June             (165)             (562)               397
Baker Hughes Houston TX Dec16
June             (179)             (912)               733
United States Oil Fund LP Oakland CA Dec16
June             (259)               641             (900)
Chicago Bridge & Iron NV Woodlands TX Dec16
June             (302)                   9             (311)
Anadarko Petroleum The Woodlands TX Dec16
June             (334)             (611)               277
Hess Corp New York NY Dec16
June             (417)             (373)               (44)
Noble Energy Houston TX Dec16
June          (1,498)             (315)          (1,183)
Transocean Ltd Houston TX Dec16
June          (1,679)                 92          (1,771)
ConocoPhillips Houston TX Dec16
June          (3,426)          (1,058)          (2,368)









Total all 154 Oil & Gas Companies




           8,251        (13,436)          21,687