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As Goes Texas Oil & Gas Companies, So Goes Russia's Oil & Gas-Driven Economy in Lockstep. This Is Why Russia Will Be Even More Aggressive With Their Cyber Attacks in the November 2018 US Elections .......................................................................................
Actions of the Trump Administration and of the US Congress Have Quickly Helped Turn Russia Into an Economic Powerhouse
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From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations and the US GAAP After-Tax Net Income (Loss) From Continuing Operations for the June 2018, the June 2017, the March 2018 and the March 2017 Quarters for the 29 Largest US Oil & Gas Companies with June Quarter Ends, which have reported their June 2018 Quarter Earnings By August 3, 2018 and which have stock market caps above $10 Bil in April 2018.
| US | US | US | US | US | US | US | US | ||||||||
| GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | ||||||||
| Pretax | Pretax | Net | Net | Pretax | Pretax | Net | Net | ||||||||
| US Oil & Gas Company | Income | Income | % | Income | Income | % | Income | Income | % | Income | Income | % | |||
| Market Caps Above $10 Bil | (Loss) | (Loss) | Change | (Loss) | (Loss) | Change | (Loss) | (Loss) | Change | (Loss) | (Loss) | Change | |||
| Releasing June 2018 | June Qtr | June Qtr | Better | June Qtr | June Qtr | Better | March Qtr | March Qtr | Better | March Qtr | March Qtr | Better | |||
| Qtr Earnings Thru 8-3-18 | 2018 | 2017 | (Worse) | 2018 | 2017 | (Worse) | 2018 | 2017 | (Worse) | 2018 | 2017 | (Worse) | |||
| mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | ||||||||
Texas Oil & Gas Cos
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| Exxon Mobil | 6,512 | 4,156 | 57% | 3,986 | 3,264 | 22% | 7,240 | 5,918 | 22% | 4,783 | 4,090 | 17% | |||
| ConocoPhillips | 2,619 | (4,361) | 160% | 1,654 | (3,426) | 148% | 1,776 | (232) | 866% | 900 | 599 | 50% | |||
| Phillips 66 | 1,835 | 797 | 130% | 1,404 | 581 | 142% | 717 | 797 | -10% | 585 | 563 | 4% | |||
| Valero Energy | 1,124 | 768 | 46% | 875 | 572 | 53% | 731 | 433 | 69% | 582 | 321 | 81% | |||
| EOG Resources | 893 | 62 | 1340% | 697 | 23 | 2930% | 813 | 39 | 1985% | 638 | 28 | 2179% | |||
| Enterprise Products Partners LP | 706 | 675 | 5% | 687 | 666 | 3% | 917 | 777 | 18% | 912 | 771 | 18% | |||
| Halliburton | 633 | (1) | 63400% | 508 | 28 | 1714% | 189 | (57) | 432% | 47 | (32) | 247% | |||
| Schlumberger Ltd | 547 | 17 | 3118% | 441 | (81) | 644% | 643 | 334 | 93% | 530 | 284 | 87% | |||
| Apache Corp | 508 | 9 | 5544% | 269 | 613 | -56% | 388 | 538 | -28% | 206 | 267 | -23% | |||
| HollyFrontier | 480 | 106 | 353% | 363 | 74 | 391% | 374 | (55) | 780% | 289 | (38) | 861% | |||
| MPLX LP | 457 | 193 | 137% | 456 | 191 | 139% | 427 | 187 | 128% | 423 | 187 | 126% | |||
| Spectra Energy Partners | 398 | 372 | 7% | 391 | 367 | 7% | 423 | 359 | 18% | 418 | 354 | 18% | |||
| Concho Resources | 177 | 245 | -28% | 137 | 152 | -10% | 1,089 | 1,021 | 7% | 835 | 650 | 28% | |||
| Anadarko Petroleum | 142 | (372) | 138% | 17 | (334) | 105% | 300 | (178) | 269% | 174 | (275) | 163% | |||
| Marathon Oil | 140 | (112) | 225% | 96 | (153) | 163% | 524 | (16) | 3375% | 356 | (50) | 812% | |||
| Cabot Oil & Gas | 55 | 37 | 49% | 42 | 22 | 91% | 157 | 169 | -7% | 117 | 106 | 10% | |||
| National Oilwell Varco | 30 | (91) | 133% | 25 | (74) | 134% | (63) | (133) | 53% | (66) | (120) | 45% | |||
| Baker Hughes GE | 24 | (30) | 180% | (38) | (20) | -90% | (105) | 74 | -242% | (19) | 66 | -129% | |||
| Noble Energy | 10 | (2,334) | 100% | (6) | (1,498) | 100% | 543 | 59 | 820% | 574 | 47 | 1121% | |||
| Kinder Morgan | (176) | 599 | -129% | (130) | 383 | -134% | 706 | 691 | 2% | 542 | 445 | 22% | |||
| Total 20 Texas Oil & Gas Cos | 17,114 | 735 | 2228% | 11,874 | 1,350 | 780% | 17,789 | 10,725 | 66% | 12,826 | 8,263 | 55% | |||
| Oklahoma Oil & Gas Cos | |||||||||||||||
| Williams Partners LP | 449 | 349 | 29% | 449 | 348 | 29% | 384 | 663 | -42% | 384 | 660 | -42% | |||
| ONEOK | 370 | 220 | 68% | 282 | 176 | 60% | 342 | 241 | 42% | 266 | 186 | 43% | |||
| Williams Companies | 321 | 258 | 24% | 269 | 193 | 39% | 325 | 606 | -46% | 270 | 569 | -53% | |||
| Magellan Midstream Partners LP | 211 | 216 | -2% | 210 | 214 | -2% | 212 | 224 | -5% | 211 | 223 | -5% | |||
| Devon Energy | (481) | 207 | -332% | (474) | 212 | -324% | (181) | 325 | -156% | (153) | 317 | -148% | |||
| Total 5 Oklahoma Oil & Gas Cos | 870 | 1,250 | -30% | 736 | 1,143 | -36% | 1,082 | 2,059 | -47% | 978 | 1,955 | -50% | |||
| California Oil & Gas Co | |||||||||||||||
| Chevron | 4,905 | 1,953 | 151% | 3,422 | 1,466 | 133% | 5,073 | 3,129 | 62% | 3,659 | 2,699 | 36% | |||
| Ohio Oil & Gas Co | |||||||||||||||
| Marathon Petroleum Corp | 1,516 | 824 | 84% | 1,235 | 574 | 115% | 257 | 142 | 81% | 235 | 101 | 133% | |||
| Pennsylvania Oil & Gas Co | |||||||||||||||
| EQT Corp | 35 | 152 | -77% | 136 | 123 | 11% | (1,784) | 351 | -608% | (1,445) | 250 | -678% | |||
| New York Oil & Gas Co | |||||||||||||||
| Hess Corp | 27 | (425) | 106% | (87) | (417) | 79% | 8 | (309) | 103% | (65) | (296) | 78% | |||
| Total all 29 US Oil & Gas Cos | 24,467 | 4,489 | 445% | 17,316 | 4,239 | 308% | 22,425 | 16,097 | 39% | 16,188 | 12,972 | 25% |
