Monday, November 13, 2017

The 150 US Oil & Gas Companies With Stock Market Caps Above $1 Bil Generated Gold Standard US GAAP Total Earnings of $13.636 Bil in the Sept 2017 Quarter Up More Than 11 TIMES From Their Sept 2016 Quarter Total Earnings of $1.090 Bil: And Both the US House and the US Senate, With Donald Trump's Strong Encouragement, Are Now Piling On By Trying To Grant the US Oil & Gas Companies a Corporate Income Tax Rate Cut From 35% to 20%, Coupled With Also Letting Them Keep All of Their Current US Oil & Gas Companies Massive Corporate Tax Loopholes And Also Even Adding New Ones: What You Have Here is a Severe Case of US Government Oppression With the US Oil & Gas Industry in Control of Both the US Congress and the Trump Administration and It Only Makes Sense That US Middle Class Citizens Will Be Outraged at the US Congress and at the Trump Administration For Their Actions Singling Out the Oil & Gas Industry For These Outrageously Lucrative Tax Benefits While Giving the US Middle Class Such a Mere Pittance in Tax Benefits, and Even More Importantly the US Middle Class Will Also Eventually Be Stuck Paying For the $2 Trillion Plus US Deficit Increase (Which Includes Interest) Tab Resulting From This TrumpTaxGiveawaysToTheWealthy Tax Plan

From a review of the Google Finance Website and of company financial statements in the US SEC website, I found the 150 Oil & Gas Companies headquartered in the US with Stock Market Capitalizations above $1 Bil several months ago, which have September Quarter Ends and which have already filed their September 2017 Quarter Financial Statements with the SEC. 

Below here are the Total Reported Gold Standard US GAAP Earnings (Losses) From Continuing Operations for the Quarters Ended September 2017 and 2016 for each of these 150 largest US  Oil & Gas Companies Companies.






Sept Sept







2017 2016







Quarter Quarter




Calendar US GAAP US GAAP Net Net
US Largest Oil & Gas Companies With

Most
3Q 17 Net Net Income Income
Stock Market Caps Above $1 Bil City State Recent
Month Income Income Better Better
and With September 2017 Quarter Ends HQs HQs FYE
End (Loss) (Loss) (Worse) (Worse)





 $ mils  $ mils  $ mils %





















Exxon Mobil Irving TX Dec16
Sept                4,085                2,889              1,196 41%
Chevron San Ramon CA Dec16
Sept                1,986                1,301                 685 53%
Marathon Petroleum Findlay OH Dec16
Sept                1,004                   219                 785 358%
Valero Energy San Antonio TX Dec16
Sept                   863                   645                 218 34%
Phillips 66 Houston TX Dec16
Sept                   849                   536                 313 58%
Energy Transfer Equity LP Dallas TX Dec16
Sept                   798                     29                 769 2652%
Energy Transfer Partners LP Dallas TX Dec16
Sept                   761                   138                 623 451%
Enterprise Products Partners LP Houston TX Dec16
Sept                   621                   643                 (22) -3%
Andeavor San Antonio TX Dec16
Sept                   593                   202                 391 194%
Schlumberger Ltd Houston TX Dec16
Sept                   556                   190                 366 193%
Spectra Energy Partners LP Houston TX Dec16
Sept                   471                   296                 175 59%
ConocoPhillips Houston TX Dec16
Sept                   436              (1,026)              1,462 NM
Kinder Morgan Inc Houston TX Dec16
Sept                   387                 (183)                 570 NM
Halliburton Houston TX Dec16
Sept                   361                       7                 354 5057%
PBF Energy Inc Parsippany NJ Dec16
Sept                   347                     56                 291 520%
HollyFrontier Dallas TX Dec16
Sept                   288                     88                 200 227%
Williams Partners LP Tulsa OK Dec16
Sept                   284                   351                 (67) -19%
United States Oil Fund LP Oakland CA Dec16
Sept                   266                   (84)                 350 NM
Devon Energy Oklahoma City OK Dec16
Sept                   247                1,007               (760) -75%
Freeport-McMoRan Phoenix AZ Dec16
Sept                   242                   292                 (50) -17%
MPLX LP Findlay OH Dec16
Sept                   217                   194                   23 12%
Magellan Midstream Partners LP Tulsa OK Dec16
Sept                   199                   195                     4 2%
Enbridge Energy Partners LP Houston TX Dec16
Sept                   196                 (544)                 740 NM
Occidental Petroleum Houston TX Dec16
Sept                   190                 (238)                 428 NM
Tallgrass Energy GP LP Leawood KS Dec16
Sept                   171                     60                 111 185%
ONEOK Tulsa OK Dec16
Sept                   167                   195                 (28) -14%
Western Gas Partners LP Woodlands TX Dec16
Sept                   148                   170                 (22) -13%
EQT Midstream Partners LP Pittsburgh PA Dec16
Sept                   143                   134                     9 7%
Sunoco LP Houston TX Dec16
Sept                   132                     33                   99 300%
Williams Companies Tulsa OK Dec16
Sept                   125                   131                   (6) -5%
Buckeye Partners LP Houston TX Dec16
Sept                   120                   160                 (40) -25%
Delek US Holdings Inc Brentwood TN Dec16
Sept                   119                 (164)                 283 NM
TechnipFMC plc Houston TX Dec16
Sept                   118                   302               (184) -61%
Enable Midstream Partners LP Oklahoma City OK Dec16
Sept                   113                   119                   (6) -5%
EQT Corp Pittsburgh PA Dec16
Sept                   105                     70                   35 50%
Apache Houston TX Dec16
Sept                   105                 (526)                 631 NM
Valvoline Lexington KY Sep17
Sept                   105                     65                   40 62%
EOG Resources Houston TX Dec16
Sept                   101                 (190)                 291 NM
Phillips 66 Partners LP Houston TX Dec16
Sept                     99                   112                 (13) -12%
Andeavor Logistics LP San Antonio TX Dec16
Sept                     97                     81                   16 20%
Summit Midstream Partners LP Woodlands TX Dec16
Sept                     94                       2                   92 4600%
McDermott Intl Houston TX Dec16
Sept                     93                     16                   77 481%
Cimarex Energy Denver CO Dec16
Sept                     91                   (11)                 102 NM
Cheniere Energy Houston TX Dec16
Sept                     90                 (131)                 221 NM
Newfield Exploration Co Woodlands TX Dec16
Sept                     87                     48                   39 81%
Diamondback Energy Inc Midland TX Dec16
Sept                     82                     (1)                   83 -8300%
Antero Midstream Partners LP Denver CO Dec16
Sept                     80                     71                     9 13%
Southwestern Energy Company Spring TX Dec16
Sept                     77                 (708)                 785 NM
Hess Midstream Partners LP Houston TX Dec16
Sept                     77                     48                   29 60%
Shell Midstream Partners LP Houston TX Dec16
Sept                     75                     62                   13 21%
Boardwalk Pipeline Partners LP Houston TX Dec16
Sept                     70                     47                   23 49%
CVR Refining LP Sugar Land TX Dec16
Sept                     70                     16                   54 338%
Murphy USA El Dorado AR Dec16
Sept                     68                     45                   23 51%
Valero Energy Partners LP San Antonio TX Dec16
Sept                     58                     49                     9 18%
RPC Inc Atlanta GA Dec16
Sept                     57                   (39)                   96 NM
TC Pipelines LP Houston TX Dec16
Sept                     55                     60                   (5) -8%
Linn Energy Houston TX Dec16
Sept                     51                   (96)                 147 NM
Rice Midstream Partners LP Canonsburg PA Dec16
Sept                     51                     25                   26 104%
KBR Inc Houston TX Dec16
Sept                     47                   (57)                 104 NM
National Fuel Gas Co Williamsville NY Sep17
Sept                     46                     38                     8 21%
Rice Energy Canonsburg PA Dec16
Sept                     45                     91                 (46) -51%
Noble Midstream Partners LP Houston TX Dec16
Sept                     44                     22                   22 100%
SRC Energy Denver CO Dec16
Sept                     44                   (19)                   63 NM
Holly Energy Partners LP Dallas TX Dec16
Sept                     43                     28                   15 54%
NuStar Energy LP San Antonio TX Dec16
Sept                     39                     51                 (12) -24%
Atmos Energy Corp Dallas TX Sep17
Sept                     36                     35                     1 3%
Macquarie Infrastructure Corp New York NY Dec16
Sept                     36                     42                   (6) -14%
Dominion Energy Midstream Partners LP Richmond VA Dec16
Sept                     35                     50                 (15) -30%
Plains All America Pipeline LP Houston TX Dec16
Sept                     34                   298               (264) -89%
CONE Midstream Partners LP Canonsburg PA Dec16
Sept                     33                     36                   (3) -8%
Kirby Corp Houston TX Dec16
Sept                     29                     32                   (3) -9%
EnLink Midstream Partners LP Dallas TX Dec16
Sept                     29                     18                   11 61%
Viper Energy Partners LP Midland TX Dec16
Sept                     27                     10                   17 170%
Texas Pacific Land Trust Dallas TX Dec16
Sept                     26                       9                   17 189%
CVR Energy Inc Sugar Land TX Dec16
Sept                     25                       2                   23 1150%
EnLink Midstream LLC Dallas TX Dec16
Sept                     24                     11                   13 118%
Cheniere Energy Partners LP Houston TX Dec16
Sept                     23                   (82)                 105 NM
Black Stone Minerals LP Houston TX Dec16
Sept                     22                     38                 (16) -42%
RSP Permian Dallas TX Dec16
Sept                     21                       1                   20 2000%
Core Laboratories NV Houston TX Dec16
Sept                     21                     17                     4 24%
Cabot Oil & Gas Houston TX Dec16
Sept                     18                   (10)                   28 NM
Gulfport Energy Corp Oklahoma City OK Dec16
Sept                     18                 (157)                 175 NM
Matador Resources Dallas TX Dec16
Sept                     18                     12                     6 50%
Callon Petroleum Company Natchez MS Dec16
Sept                     17                     21                   (4) -19%
Centennial Resource Development Denver CO Dec16
Sept                     16                     (5)                   21 -420%
Quaker Chemical Corp Conshohocken PA Dec16
Sept                     12                     16                   (4) -25%
Continental Resources Oklahoma City OK Dec16
Sept                     11                 (110)                 121 NM
Laredo Petroleum Tulsa OK Dec16
Sept                     11                       9                     2 22%
Diamond Offshore Drilling Inc Houston TX Dec16
Sept                     10                     14                   (4) -29%
C&J Energy Services Houston TX Dec16
Sept                     10                 (106)                 116 NM
Carrizo Oil & Gas Houston TX Dec16
Sept                       8                 (101)                 109 NM
Salaris Oilfield Infrastructure Houston TX Dec16
Sept                       7                       1                     6 600%
Genesis Energy LP Houston TX Dec16
Sept                       6                     32                 (26) -81%
Cheniere Energy Partners LP Hldgs Houston TX Dec16
Sept                       5                       4                     1 25%
USA Compression Partners LP Austin TX Dec16
Sept                       5                     (2)                     7 NM
Chicago Bridge & Iron NV Woodlands TX Dec16
Sept                       4                   133               (129) -97%
Keane Group Houston TX Dec16
Sept                       4                   (52)                   56 NM
Antero Midstream GP LP Denver CO Dec16
Sept                       3                       3                   -   0%
MRC Global Inc Houston TX Dec16
Sept                       3                   (40)                   43 NM
Franks Intl NV Fort Lauderdale FL Dec16
Sept                       2                   (42)                   44 NM
Oceaneering Intl Houston TX Dec16
Sept                     (2)                   (12)                   10 NM
Enbridge Energy Management LLC Houston TX Dec16
Sept                     (2)                     (1)                   (1) NM
QEP Resources Denver CO Dec16
Sept                     (3)                   (51)                   48 NM
NOW Inc Houston TX Dec16
Sept                     (9)                   (56)                   47 NM
WildHorse Resource Development Houston TX Dec16
Sept                   (11)                       3                 (14) NM
Parsley Energy Inc Austin TX Dec16
Sept                   (15)                     (2)                 (13) NM
Jagged Peak Energy Denver CO Dec16
Sept                   (15)                       5                 (20) NM
Oil States Intl Inc Houston TX Dec16
Sept                   (15)                   (11)                   (4) NM
Forum Energy Technologies Houston TX Dec16
Sept                   (15)                   (18)                     3 NM
Chesapeake Energy Oklahoma City OK Dec16
Sept                   (17)              (1,214)              1,197 NM
UGI Corp King of Prussia PA Sep16
Sept                   (17)                 (116)                   99 NM
AmeriGas Partners LP King of Prussia PA Sep16
Sept                   (18)                   (87)                   69 NM
Energen Corp Birmingham AL Dec16
Sept                   (18)                     53                 (71) NM
SemGroup Group Tulsa OK Dec16
Sept                   (19)                     (5)                 (14) NM
DCP Midstream, LP Denver CO Dec16
Sept                   (20)                     89               (109) NM
Rowan Companies PLC Houston TX Dec16
Sept                   (21)                       6                 (27) NM
Pioneer Natural Resources Irving TX Dec16
Sept                   (23)                     22                 (45) NM
Tellurian Houston TX Dec16
Sept                   (23)                   (44)                   21 NM
CONSOL Energy Canonsburg PA Dec16
Sept                   (26)                     63                 (89) NM
National Oilwell Varco Houston TX Dec16
Sept                   (27)              (1,364)              1,337 NM
Ensco plc Houston TX Dec16
Sept                   (28)                     88               (116) NM
Crestwood Equity Partners LP Houston TX Dec16
Sept                   (28)                       3                 (31) NM
Dril-Quip Houston TX Dec16
Sept                   (29)                     19                 (48) NM
Extraction Oil & Gas Denver CO Dec16
Sept                   (30)                   (37)                     7 NM
Patterson-UTI Energy Snyder TX Dec16
Sept                   (34)                   (84)                   50 NM
World Fuel Services Miami FL Dec16
Sept                   (38)                     43                 (81) NM
South Jersey Industries Folsom NJ Dec16
Sept                   (38)                     10                 (48) NM
Oasis Petroleum Inc Houston TX Dec16
Sept                   (41)                   (34)                   (7) NM
Superior Energy Services Houston TX Dec16
Sept                   (57)                 (114)                   57 NM
Kosmos Energy Ltd Dallas TX Dec16
Sept                   (63)                   (60)                   (3) NM
Murphy Oil Corp El Dorado AR Dec16
Sept                   (66)                   (15)                 (51) NM
SM Energy Denver CO Dec16
Sept                   (89)                   (41)                 (48) NM
Antero Resources Corp Denver CO Dec16
Sept                   (90)                   268               (358) NM
Concho Resources Midland TX Dec16
Sept                 (113)                   (51)                 (62) NM
Noble Energy Houston TX Dec16
Sept                 (115)                 (143)                   28 NM
Nabors Industries Ltd Houston TX Dec16
Sept                 (120)                   (98)                 (22) NM
Range Resources Corp Fort Worth TX Dec16
Sept                 (128)                   (42)                 (86) NM
WPX Energy Tulsa OK Dec16
Sept                 (150)                 (218)                   68 NM
Targa Resources Corp Houston TX Dec16
Sept                 (155)                     (3)               (152) NM
NGL Energy Partners LP Tulsa OK Mar16
Sept                 (174)                   (67)               (107) NM
Targa Resources Partners LP Houston TX Dec16
Sept                 (245)                     (6)               (239) NM
Weatherford Intl plc Houston TX Dec16
Sept                 (251)              (1,776)              1,525 NM
Baker Hughes Houston TX Dec16
Sept                 (273)                     91               (364) NM
Whiting Petroleum Corp Denver CO Dec16
Sept                 (286)                 (693)                 407 NM
PDC Energy Denver CO Dec16
Sept                 (293)                   (23)               (270) NM
Ultra Petroleum Corp Houston TX Dec16
Sept                 (328)                     98               (426) NM
Hess Corp New York NY Dec16
Sept                 (593)                 (317)               (276) NM
Marathon Oil Corp Houston TX Dec16
Sept                 (599)                 (206)               (393) NM
Anadarko Petroleum The Woodlands TX Dec16
Sept                 (641)                 (747)                 106 NM
Transocean Ltd Houston TX Dec16
Sept              (1,411)                   236            (1,647) NM










Total all 150 US Oil & Gas Companies




           13,636              1,090            12,546 1151%




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