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As Goes US 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
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Actions of the Trump Administration and of the US Congress Have Substantially and Quickly Helped Turn Around Russia's Previously Oil & Gas-Driven Weak Economy Into a Strong One
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From a review of SEC filings, the below chart shows the US GAAP Pretax Income (Loss) From Continuing Operations for the June 2018, the June 2017, the March 2018 and the March 2017 Quarters for the 41 Largest US Oil & Gas Companies with June Quarter Ends and which have stock market caps above $10 Bil in April 2018.
US | US | US | US | ||||
GAAP | GAAP | GAAP | GAAP | ||||
Pretax | Pretax | Pretax | Pretax | ||||
Income | Income | % | Income | Income | % | ||
(Loss) | (Loss) | Change | (Loss) | (Loss) | Change | ||
US Oil & Gas Company | June Qtr | June Qtr | Better | March Qtr | March Qtr | Better | |
Market Caps Above $10 Bil | 2018 | 2017 | (Worse) | 2018 | 2017 | (Worse) | |
mils $ | mils $ | mils $ | mils $ | ||||
Texas Oil & Gas Cos | |||||||
Exxon Mobil | 6,512 | 4,156 | 57% | 7,240 | 5,918 | 22% | |
ConocoPhillips | 2,619 | (4,361) | 160% | 1,776 | (232) | 866% | |
Phillips 66 | 1,835 | 797 | 130% | 717 | 797 | -10% | |
Occidental Petroleum | 1,150 | 792 | 45% | 1,047 | 195 | 437% | |
Valero Energy | 1,124 | 768 | 46% | 731 | 433 | 69% | |
EOG Resources | 893 | 62 | 1340% | 813 | 39 | 1985% | |
Andeavor | 749 | 143 | 424% | 288 | 108 | 167% | |
Energy Transfer Equity LP | 727 | 347 | 110% | 716 | 368 | 95% | |
Enterprise Products Partners LP | 706 | 675 | 5% | 917 | 777 | 18% | |
Energy Transfer Partners LP | 671 | 375 | 79% | 839 | 448 | 87% | |
Halliburton | 633 | (1) | 63400% | 189 | (57) | 432% | |
Schlumberger Ltd | 547 | 17 | 3118% | 643 | 334 | 93% | |
Apache Corp | 508 | 9 | 5544% | 388 | 538 | -28% | |
HollyFrontier | 480 | 106 | 353% | 374 | (55) | 780% | |
Spectra Energy Partners | 398 | 372 | 7% | 423 | 359 | 18% | |
Diamondback Energy | 295 | 166 | 78% | 225 | 143 | 57% | |
Cheniere Energy Partners LP | 281 | 46 | 511% | 335 | 47 | 613% | |
Concho Resources | 177 | 245 | -28% | 1,089 | 1,021 | 7% | |
Targa Resources | 154 | (35) | 540% | 48 | (39) | 223% | |
Andeavor Logistics LP | 148 | 111 | 33% | 139 | 92 | 51% | |
Cheniere Energy Inc | 147 | 22 | 568% | 615 | 172 | 258% | |
Anadarko Petroleum | 142 | (372) | 138% | 300 | (178) | 269% | |
Marathon Oil | 140 | (112) | 225% | 524 | (16) | 3375% | |
Plains All America | 84 | 199 | -58% | 349 | 510 | -32% | |
Pioneer Natural Resources | 82 | 354 | -77% | 228 | (73) | 412% | |
Cabot Oil & Gas | 55 | 37 | 49% | 157 | 169 | -7% | |
National Oilwell Varco | 30 | (91) | 133% | (63) | (133) | 53% | |
Baker Hughes GE | 24 | (30) | 180% | (105) | 74 | -242% | |
Noble Energy | 10 | (2,334) | 100% | 543 | 59 | 820% | |
Kinder Morgan | (176) | 599 | -129% | 706 | 691 | 2% | |
Total 30 Texas Oil & Gas Cos | 21,145 | 3,062 | 591% | 22,191 | 12,509 | 77% | |
Oklahoma Oil & Gas Cos | |||||||
Williams Partners LP | 449 | 349 | 29% | 384 | 663 | -42% | |
ONEOK | 370 | 220 | 68% | 342 | 241 | 42% | |
Williams Companies | 321 | 258 | 24% | 325 | 606 | -46% | |
Continental Resources | 318 | (101) | 415% | 305 | 6 | 4983% | |
Magellan Midstream Partners LP | 211 | 216 | -2% | 212 | 224 | -5% | |
Devon Energy | (481) | 207 | -332% | (181) | 325 | -156% | |
Total 6 Oklahoma Oil&Gas Cos | 1,188 | 1,149 | 3% | 1,387 | 2,065 | -33% | |
Ohio Oil & Gas Cos | |||||||
Marathon Petroleum Corp | 1,516 | 824 | 84% | 257 | 142 | 81% | |
MPLX LP | 457 | 193 | 137% | 427 | 187 | 128% | |
Total 2 Ohio Oil & Gas Cos | 1,973 | 1,017 | 94% | 684 | 329 | 108% | |
California Oil & Gas Co | |||||||
Chevron | 4,905 | 1,953 | 151% | 5,073 | 3,129 | 62% | |
Pennsylvania Oil & Gas Co | |||||||
EQT Corp | 35 | 152 | -77% | (1,784) | 351 | -608% | |
New York Oil & Gas Co | |||||||
Hess Corp | 27 | (425) | 106% | 8 | (309) | 103% | |
Total all 41 US Oil & Gas Cos | 29,273 | 6,908 | 324% | 27,559 | 18,074 | 52% |