Tuesday, August 22, 2017

First Half 2017 US Oil & Gas Companies With Market Caps Above $1 Bil Total Earnings Were $28.8 Bil, an Earnings Improvement of $61.1 Bil From the First Half 2016 Total Losses of $32.3 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 First Calendar Half (Jan-June) of both 2017 and 2016 for each of these 154 largest US Oil & Gas Companies.




 First   First 






Half Half






2017 2016



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








Exxon Mobil Irving TX Dec16
June            7,354            3,462            3,892
Chevron San Ramon CA Dec16
June            4,165          (2,170)            6,335
Linn Energy Houston TX Dec16
June            2,614                 (9)            2,623
Enterprise Products Partners LP Houston TX Dec16
June            1,437            1,240               197
Phillips 66 Houston TX Dec16
June            1,144               914               230
Devon Energy Oklahoma City OK Dec16
June            1,030          (5,031)            6,061
Williams Partners LP Tulsa OK Dec16
June            1,008                   2            1,006
Valero Energy San Antonio TX Dec16
June               893            1,356             (463)
Apache Houston TX Dec16
June               880             (571)            1,451
Kinder Morgan Inc Houston TX Dec16
June               828               689               139
Concho Resources Midland TX Dec16
June               802          (1,286)            2,088
Williams Companies Tulsa OK Dec16
June               762             (518)            1,280
Spectra Energy Partners LP Houston TX Dec16
June               721               616               105
Marathon Petroleum Findlay OH Dec16
June               675               705               (30)
Energy Transfer LP Dallas TX Dec16
June               656               848             (192)
Chesapeake Energy Oklahoma City OK Dec16
June               636          (2,844)            3,480
Southwestern Energy Company Spring TX Dec16
June               635          (1,725)            2,360
Plains All America Pipeline LP Houston TX Dec16
June               633               304               329
Occidental Petroleum Houston TX Dec16
June               624             (496)            1,120
Freeport-McMoRan Phoenix AZ Dec16
June               594          (4,326)            4,920
Magellan Midstream Partners LP Tulsa OK Dec16
June               433               395                 38
Enbridge Energy Partners LP Houston TX Dec16
June               411               443               (32)
Ultra Petroleum Corp Houston TX Dec16
June               409                 (8)               417
Energy Transfer Equity LP Dallas TX Dec16
June               407               760             (353)
MPLX LP Findlay OH Dec16
June               378                 58               320
EQT Corp Pittsburgh PA Dec16
June               373               (92)               465
ONEOK Tulsa OK Dec16
June               362               356                   6
Antero Resources Corp Denver CO Dec16
June               346             (565)               911
Diamondback Energy Inc Midland TX Dec16
June               305             (193)               498
EQT Midstream Partners LP Pittsburgh PA Dec16
June               282               269                 13
Western Gas Partners LP Woodlands TX Dec16
June               279               286                 (7)
Gulfport Energy Corp Oklahoma City OK Dec16
June               260             (582)               842
UGI Corp King of Prussia PA Sep16
June               250               437             (187)
Newfield Exploration Co Woodlands TX Dec16
June               245          (1,291)            1,536
Buckeye Partners LP Houston TX Dec16
June               243               279               (36)
Range Resources Corp Fort Worth TX Dec16
June               240             (319)               559
Atmos Energy Corp Dallas TX Sep16
June               233               209                 24
Cimarex Energy Denver CO Dec16
June               228             (446)               674
Enable Midstream Partners LP Oklahoma City OK Dec16
June               216               125                 91
Schlumberger Ltd Houston TX Dec16
June               203          (1,623)            1,826
Andeavor Logistics LP San Antonio TX Dec16
June               202               161                 41
Phillips 66 Partners LP Houston TX Dec16
June               200               194                   6
Cheniere Energy Houston TX Dec16
June               193             (684)               877
Pioneer Natural Resources Irving TX Dec16
June               191             (535)               726
DCP Midstream, LP Denver CO Dec16
June               190                 44               146
Andeavor San Antonio TX Dec16
June               174               547             (373)
WPX Energy Tulsa OK Dec16
June               170             (223)               393
Antero Midstream Partners LP Denver CO Dec16
June               162                 93                 69
National Fuel Gas Co Williamsville NY Sep16
June               149             (140)               289
Tallgrass Energy GP LP Leawood KS Dec16
June               146               125                 21
TechnipFMC plc Houston TX Dec16
June               144               224               (80)
Shell Midstream Partners LP Houston TX Dec16
June               144               143                   1
Boardwalk Pipeline Partners LP Houston TX Dec16
June               143               167               (24)
CONSOL Energy Canonsburg PA Dec16
June               140             (277)               417
TC Pipelines LP Houston TX Dec16
June               138               138                  -  
Rice Energy Canonsburg PA Dec16
June               136             (135)               271
New Jersey Resources Corp Wall NJ Sep16
June               134                 56                 78
Hess Midstream Partners LP Houston TX Dec16
June               131                 87                 44
Laredo Petroleum Tulsa OK Dec16
June               129             (252)               381
Cabot Oil & Gas Houston TX Dec16
June               127             (114)               241
Valvoline Lexington KY Sep16
June               127               143               (16)
QEP Resources Denver CO Dec16
June               122          (1,061)            1,183
KBR Inc Houston TX Dec16
June               117                 92                 25
Valero Energy Partners LP San Antonio TX Dec16
June               117                 80                 37
Black Stone Minerals LP Houston TX Dec16
June               116               (10)               126
Carrizo Oil & Gas Houston TX Dec16
June                 96             (574)               670
Parsley Energy Inc Austin TX Dec16
June                 94               (53)               147
Cheniere Energy Partners LP Houston TX Dec16
June                 93             (175)               268
AmeriGas Partners LP King of Prussia PA Sep16
June                 90               216             (126)
PDC Energy Denver CO Dec16
June                 87             (167)               254
Dominion Energy Midstream Partners LP Richmond VA Dec16
June                 86               105               (19)
NuStar Energy LP San Antonio TX Dec16
June                 84               110               (26)
Rice Midstream Partners LP Canonsburg PA Dec16
June                 82                 62                 20
Callon Petroleum Company Natchez MS Dec16
June                 81             (111)               192
Matador Resources Dallas TX Dec16
June                 78             (213)               291
Noble Midstream Partners LP Houston TX Dec16
June                 74                 28                 46
Holly Energy Partners LP Dallas TX Dec16
June                 71                 86               (15)
RSP Permian Dallas TX Dec16
June                 70               (27)                 97
CONE Midstream Partners LP Canonsburg PA Dec16
June                 63                 62                   1
Energen Corp Birmingham AL Dec16
June                 63             (166)               229
McDermott Intl Houston TX Dec16
June                 61                 19                 42
Genesis Energy LP Houston TX Dec16
June                 61                 59                   2
World Fuel Services Miami FL Dec16
June                 61                 81               (20)
Macquarie Infrastructure Corp New York NY Dec16
June                 59                 41                 18
Kirby Corp Houston TX Dec16
June                 54                 78               (24)
Suburban Propane Partners LP Whippany NJ Sep16
June                 54                 62                 (8)
Murphy USA El Dorado AR Dec16
June                 53               132               (79)
EOG Resources Houston TX Dec16
June                 52             (764)               816
Sunoco LP Houston TX Dec16
June                 49               122               (73)
SRC Energy Denver CO Dec16
June                 48             (205)               253
CVR Refining LP Sugar Land TX Dec16
June                 48                 10                 38
RPC Inc Atlanta GA Dec16
June                 47               (81)               128
WildHorse Resource Development Houston TX Dec16
June                 47               (32)                 79
EnLink Midstream Partners LP Dallas TX Dec16
June                 46             (560)               606
Viper Energy Partners LP Midland TX Dec16
June                 43               (37)                 80
Core Laboratories NV Houston TX Dec16
June                 40                 32                   8
Oasis Petroleum Inc Houston TX Dec16
June                 40             (154)               194
Murphy Oil Corp El Dorado AR Dec16
June                 40             (197)               237
Western Refining Logistics LP El Paso TX Dec16
June                 39                 16                 23
Diamond Offshore Drilling Inc Houston TX Dec16
June                 39             (503)               542
HollyFrontier Dallas TX Dec16
June                 36             (349)               385
EnLink Midstream LLC Dallas TX Dec16
June                 36             (870)               906
Centennial Resource Development Denver CO Dec16
June                 34               (31)                 65
Texas Pacific Land Trust Dallas TX Dec16
June                 32                 17                 15
South Jersey Industries Folsom NJ Dec16
June                 30                 63               (33)
Quaker Chemical Corp Conshohocken PA Dec16
June                 20                 29                 (9)
CVR Energy Inc Sugar Land TX Dec16
June                 19                 13                   6
Extraction Oil & Gas Denver CO Dec16
June                 16             (173)               189
MRC Global Inc Houston TX Dec16
June                 12               (25)                 37
Summit Midstream Partners LP Woodlands TX Dec16
June                 11               (54)                 65
Cheniere Energy Partners LP Hldgs Houston TX Dec16
June                   9                   9                  -  
Salaris Oilfield Infrastructure Houston TX Dec16
June                   6                 (1)                   7
USA Compression Partners LP Austin TX Dec16
June                   2                 12               (10)
Dril-Quip Houston TX Dec16
June                   0                 73               (73)
SemGroup Group Tulsa OK Dec16
June                 (1)                   6                 (7)
Enbridge Energy Management LLC Houston TX Dec16
June                 (3)             (118)               115
Halliburton Houston TX Dec16
June                 (4)          (5,621)            5,617
Oceaneering Intl Houston TX Dec16
June                 (5)                 47               (52)
Antero Midstream GP LP Denver CO Dec16
June                 (7)                   3               (10)
Delek US Holdings Inc Brentwood TN Dec16
June               (17)               (24)                   7
Rowan Companies PLC Houston TX Dec16
June               (18)               340             (358)
Crestwood Equity Partners LP Houston TX Dec16
June               (19)             (131)               112
Oil States Intl Inc Houston TX Dec16
June               (32)               (25)                 (7)
Kosmos Energy Ltd Dallas TX Dec16
June               (37)             (167)               130
NGL Energy Partners LP Tulsa OK Mar16
June               (38)               (24)               (14)
Targa Resources Corp Houston TX Dec16
June               (40)               (15)               (25)
NOW Inc Houston TX Dec16
June               (40)             (107)                 67
C&J Energy Services Houston TX Dec16
June               (45)             (720)               675
SM Energy Denver CO Dec16
June               (45)             (516)               471
Targa Resources Partners LP Houston TX Dec16
June               (50)                   6               (56)
Franks Intl NV Fort Lauderdale FL Dec16
June               (53)               (48)                 (5)
Continental Resources Oklahoma City OK Dec16
June               (63)             (318)               255
Ensco plc Houston TX Dec16
June               (69)               770             (839)
Helmerich & Payne Tulsa OK Sep16
June               (71)                   4               (75)
Keane Group Houston TX Dec16
June               (84)               (97)                 13
Forum Energy Technologies Houston TX Dec16
June               (94)               (51)               (43)
PBF Energy Inc Parsippany NJ Dec16
June             (124)                 97             (221)
Superior Energy Services Houston TX Dec16
June             (152)             (553)               401
Whiting Petroleum Corp Denver CO Dec16
June             (153)             (473)               320
Patterson-UTI Energy Snyder TX Dec16
June             (156)             (156)                  -  
Tellurian Houston TX Dec16
June             (174)               (24)             (150)
National Oilwell Varco Houston TX Dec16
June             (194)             (335)               141
Marathon Oil Corp Houston TX Dec16
June             (203)             (498)               295
Chicago Bridge & Iron NV Woodlands TX Dec16
June             (259)               238             (497)
Nabors Industries Ltd Houston TX Dec16
June             (263)             (583)               320
Baker Hughes Houston TX Dec16
June             (309)          (1,893)            1,584
Jagged Peak Energy Denver CO Dec16
June             (449)               (13)             (436)
United States Oil Fund LP Oakland CA Dec16
June             (512)               462             (974)
Weatherford Intl plc Houston TX Dec16
June             (608)          (1,053)               445
Anadarko Petroleum The Woodlands TX Dec16
June             (609)          (1,609)            1,000
Hess Corp New York NY Dec16
June             (713)             (861)               148
Noble Energy Houston TX Dec16
June          (1,451)             (602)             (849)
Transocean Ltd Houston TX Dec16
June          (1,584)               334          (1,918)
ConocoPhillips Houston TX Dec16
June          (2,827)          (2,514)             (313)









Total all 154 Oil & Gas Companies




         28,817        (32,306)          61,123



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