......................................................................
From a review of SEC filings, Google Finance and Market Watch Big Charts, I found 97 Texas Oil & Gas Companies with stock markets caps of above $1 bil sometime since the beginning of 2018 and which also disclosed their quarterly Pretax Income in all of the three most recent quarters.
My Focus is on Pretax Income rather than on After-Tax Net Income because Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments. It has nothing whatsoever to do with company operating performance.
When Total Pretax Earnings of the key Texas Oil & Gas Companies Sector drop so precipitously in just one quarter of time, the likelihood of a worldwide economic downturn, especially in the Western World, has increased significantly.
And if this precipitous earnings drop in this key Texas Oil & Gas Sector continues at the same pace in each of the next three quarters, then an economic recession is likely, at least throughout the Western World.
I find it particularly troublesome that when earnings collapse, the smaller companies bare more of the brunt than do the largest companies. To illustrate here:
- The 22 very largest Texas Oil & Gas Cos with stock market caps above $10 Bil saw their Total Pretax Earnings decline by 24% in the March 2019 quarter.
- The Cos with market caps of $5-10 Bil had their Total Pretax Earnings drop by 45% in the same quarter.
- The Cos with market caps of $2-5 Bil saw their Total Pretax Earnings decline by 97% in the same quarter.
- The Cos with market caps of $1-2 Bil had their Total Pretax Earnings drop by 123% in the same quarter.
- And the Cos with market caps below $1 Bil now but reaching it sometime since the beginning of 2018 saw their Total Pretax Earnings decline by a staggering 868% in the same March 2019 quarter.
From SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the March Quarters of both 2019 and 2018, the December Quarters of both 2018 and 2017 and the September Quarters of both 2018 and 2017 for each of these 97 Texas Oil & Gas Companies.
US
US
US
US
US
US
GAAP
GAAP
GAAP
GAAP
GAAP
GAAP
Pretax
Pretax
Pretax
Pretax
Pretax
Pretax
Income
Income
Income
Income
Income
Income
Texas Oil & Gas Companies
(Loss)
(Loss)
(Loss)
(Loss)
(Loss)
(Loss)
Reporting Quarterly Earnings
to the SEC
March
March
Dec
Dec
Sept
Sept
in Each of the Most Recent 3 Quarters
Texas
Quarter
Quarter
Quarter
Quarter
Quarter
Quarter
Market Caps > $1 Bil
City HQs
2019
2018
2018
2017
2018
2017
mils $
mils $
mils $
mils $
mils $
mils $
Market Caps Above $10 Bil
Exxon Mobil
Irving
4,289
7,240
8,121
3,017
9,080
5,583
ConocoPhillips
Houston
2,687
1,776
2,672
1,325
2,906
653
Enterprise Products Partners
LP
Houston
1,293
917
1,331
803
1,346
627
Schlumberger Ltd
Houston
509
643
648
(2,210)
787
677
EOG Resources
Houston
827
813
1,088
413
1,446
146
Kinder Morgan
Houston
739
706
775
324
1,201
547
Occidental Petroleum
Houston
856
1,047
832
66
2,579
275
Phillips 66
Houston
340
717
2,918
654
1,975
1,256
Energy Transfer LP
Dallas
1,306
716
850
(589)
1,341
584
Anadarko Petroleum
The Woodlands
262
300
360
(72)
683
(1,066)
Valero Energy
San Antonio
218
731
1,227
765
1,150
1,241
Pioneer Natural Resources
Irving
453
228
412
62
529
(34)
Baker Hughes GE
Houston
138
(105)
474
(147)
148
(243)
Cheniere Energy Partners LP
Houston
385
335
351
374
307
23
Concho Resources
Midland
(889)
1,089
1,891
(206)
(268)
(179)
Halliburton
Houston
192
189
458
244
534
496
Plains All American Pipeline
LP
Houston
994
349
1,280
205
700
(11)
Cheniere Energy Inc
Houston
340
615
235
284
230
88
Diamondback Energy
Midland
10
225
392
106
202
83
Marathon Oil
Houston
27
524
406
132
357
(458)
Cabot Oil & Gas
Houston
341
157
325
(459)
162
25
Noble Energy
Houston
(373)
543
(720)
292
307
(208)
Total 22 Cos With Market Caps
Above $10 Bil
14,944
19,755
26,326
5,383
27,702
10,105
….. % Change From Prior Year
Qtr
-24%
389%
174%
Market Caps $5-10 Bil
Apache Corp
Houston
165
388
(344)
278
406
93
TechnipFMC PLC
Houston
123
228
(2,005)
168
201
230
Targa Resources
Houston
(28)
48
(120)
34
(15)
(253)
National Oilwell Varco
Houston
(85)
(63)
41
(138)
33
(40)
HollyFrontier
Dallas
364
374
192
371
478
446
Buckeye Partners LP
Houston
82
118
485
130
(745)
121
Phillips 66 Partners LP
Houston
199
174
223
166
217
132
Texas Pacific Land Trust
Dallas
176
55
78
36
63
49
Parsley Energy
Austin
(36)
129
82
25
167
(20)
EnLink Midstream LLC
Dallas
(133)
64
(236)
53
49
27
Total 10 Cos With Market Caps
of $5-10 Bil
827
1,515
(1,604)
1,123
854
785
….. % Change From Prior Year
Qtr
-45%
-243%
9%
Market Caps $2-5 Bil
Shell Midstream Partners LP
Houston
137
65
148
103
154
100
CVR Energy
Sugar Land
137
111
122
(61)
156
34
Transocean Ltd
Houston
(179)
(149)
(133)
(111)
(439)
(1,231)
Black Stone Minerals LP
Houston
9
42
164
19
61
22
NuStar Energy LP
San Antonio
(277)
130
3
28
51
41
Holly Energy Partners LP
Dallas
54
49
50
88
47
43
Magnolia Oil & Gas
Houston
26
86
17
54
77
37
TC Pipelines LP
Houston
100
103
(406)
70
65
55
Crestwood Equity Partners LP
Houston
14
34
60
(120)
(5)
(28)
Kosmos Energy Ltd
Dallas
(62)
(75)
287
(122)
(115)
(65)
Cactus
Houston
47
28
44
23
51
23
Apergy
The Woodlands
29
31
27
16
33
27
Patterson-UTI Energy
Houston
(35)
(34)
(223)
(31)
(92)
(47)
Core Laboratories NV
Houston
13
29
14
30
32
24
Total 14 Cos With Market Caps
of $2-5 Bil
13
450
174
(14)
76
(965)
….. % Change From Prior Year
Qtr
-97%
NM
108%
Market Caps $1-2 Bil Now
Range Resources
Fort Worth
7
92
(1,833)
(128)
73
(200)
ProPetro Holding
Midland
92
47
67
13
60
22
Southwestern Energy
Spring
168
208
308
255
(29)
63
Matador Resources
Dallas
(10)
65
136
34
25
18
Tellurian
Houston
(34)
(25)
(32)
(35)
(33)
(22)
Viper Energy Partners LP
Midland
40
43
39
42
52
27
Oasis Petroleum
Houston
(112)
5
296
(75)
91
(60)
USA Compression Partners LP
Austin
7
(24)
9
(234)
(1)
(10)
Ensco Rowan plc
Houston
(157)
(122)
(180)
(166)
(120)
(5)
Oceaneering Intl
Houston
(28)
(43)
(108)
(15)
(5)
2
BP Midstream Partners LP
Houston
41
41
41
35
43
19
Dril-Quip
Houston
(4)
(4)
(96)
(5)
(12)
(61)
Altus Midstream
Houston
6
(8)
4
(6)
0
(3)
NOW Inc
Houston
19
3
18
(3)
22
(9)
Callon Petroleum
Houston
(25)
56
162
23
39
17
Frank's Intl NV
Houston
(19)
(36)
(17)
(109)
(14)
90
Talos Energy
Houston
(116)
(23)
309
(86)
13
(36)
Noble Midstream Partners LP
Houston
63
39
57
46
49
44
Archrock
Houston
17
2
17
(6)
13
(17)
Select Energy Services
Houston
2
17
(18)
(15)
33
2
Diamond Offshore Drilling
Houston
(77)
(25)
(66)
(35)
(56)
(4)
Hess Midstream Partners LP
Houston
95
89
92
77
97
77
Vantage Drilling Intl
Houston
(46)
(28)
(44)
(32)
(25)
(36)
Helix Energy Solutions Group
Houston
2
(2)
(13)
1
28
1
Oil States Intl
Houston
(15)
(5)
(14)
(15)
(8)
(19)
Total 25 Cos With Market Caps
of $1-2 Bil Now
(84)
362
(866)
(439)
335
(100)
….. % Change From Prior Year
Qtr
-123%
-97%
435%
Market
Caps > $1 Bil Since 1-1-2018 But
Not Now
Nabors Industries
Houston
(74)
(120)
(144)
(138)
(83)
(134)
Par Pacific Holdings
Houston
(4)
15
13
16
(5)
20
Carrizo Oil & Gas
Houston
(28)
28
264
(13)
82
8
Berry Petroleum
Dallas
(47)
(2)
170
(41)
31
(16)
Riviera Resources
Houston
17
88
16
306
(72)
48
Tidewater
Houston
(15)
(36)
(83)
(26)
(30)
(51)
National Energy Services
Reunited
Houston
16
6
29
10
20
10
C&J Energy Services
Houston
(23)
21
(189)
26
9
7
Keane Group
Houston
(21)
(5)
6
42
33
5
FTS Intl
Fort Worth
(55)
80
26
94
50
84
Solaris Oilfield
Infrastructure
Houston
28
15
28
34
31
8
Denbury Resources
Plano
(36)
54
223
(7)
94
(14)
Newpark Resources
The Woodlands
3
10
15
6
6
6
Summit Midstream Partners LP
The Woodlands
(37)
(4)
39
(18)
57
94
W&T Offshore
Houston
(48)
28
139
22
46
4
Nine Energy Service
Houston
18
2
(77)
(38)
15
(4)
Noble Corp plc
Sugar Land
(60)
(140)
(87)
(181)
(93)
(128)
Penn Virginia
Houston
(39)
10
201
(16)
16
(6)
Comstock Resources
Frisco
18
(41)
65
(61)
2
(25)
Forum Energy Technologies
Houston
(6)
15
(387)
85
(4)
(23)
Montage Resources
Irving
(14)
(3)
36
(13)
4
(17)
Superior Energy Services
Houston
(46)
(69)
(779)
(66)
(25)
(85)
Hi-Crush Partners LP
Houston
(6)
53
(10)
42
27
30
Halcon Energy
Houston
(382)
(3)
242
(93)
(82)
402
Legacy Reserves
Midland
(78)
65
78
(25)
(45)
(34)
Weatherford Intl plc
Houston
(465)
(210)
(2,142)
(1,872)
(172)
(226)
Total 26 Cos With Market Caps
< $1 Bil Now
(1,384)
(143)
(2,308)
(1,925)
(88)
(37)
….. % Change From Prior Year
Qtr
-868%
-20%
-138%
Total
all 97 with Market Caps > $1 Bil Since 1-1-2018
14,316
21,939
21,722
4,128
28,879
9,788
….. % Change From Prior Year
Qtr
-35%
426%
195%
My Focus is on Pretax Income rather than on After-Tax Net Income because Income Taxes are simply a transfer of financial wealth between US Corporations and the US Federal, US State and Foreign Governments. It has nothing whatsoever to do with company operating performance.
When Total Pretax Earnings of the key Texas Oil & Gas Companies Sector drop so precipitously in just one quarter of time, the likelihood of a worldwide economic downturn, especially in the Western World, has increased significantly.
And if this precipitous earnings drop in this key Texas Oil & Gas Sector continues at the same pace in each of the next three quarters, then an economic recession is likely, at least throughout the Western World.
I find it particularly troublesome that when earnings collapse, the smaller companies bare more of the brunt than do the largest companies. To illustrate here:
- The 22 very largest Texas Oil & Gas Cos with stock market caps above $10 Bil saw their Total Pretax Earnings decline by 24% in the March 2019 quarter.
- The Cos with market caps of $5-10 Bil had their Total Pretax Earnings drop by 45% in the same quarter.
- The Cos with market caps of $2-5 Bil saw their Total Pretax Earnings decline by 97% in the same quarter.
- The Cos with market caps of $1-2 Bil had their Total Pretax Earnings drop by 123% in the same quarter.
- And the Cos with market caps below $1 Bil now but reaching it sometime since the beginning of 2018 saw their Total Pretax Earnings decline by a staggering 868% in the same March 2019 quarter.
From SEC filings, the chart below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the March Quarters of both 2019 and 2018, the December Quarters of both 2018 and 2017 and the September Quarters of both 2018 and 2017 for each of these 97 Texas Oil & Gas Companies.
| US | US | US | US | US | US | ||||||
| GAAP | GAAP | GAAP | GAAP | GAAP | GAAP | ||||||
| Pretax | Pretax | Pretax | Pretax | Pretax | Pretax | ||||||
| Income | Income | Income | Income | Income | Income | ||||||
| Texas Oil & Gas Companies | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |||||
| Reporting Quarterly Earnings to the SEC | March | March | Dec | Dec | Sept | Sept | |||||
| in Each of the Most Recent 3 Quarters | Texas | Quarter | Quarter | Quarter | Quarter | Quarter | Quarter | ||||
| Market Caps > $1 Bil | City HQs | 2019 | 2018 | 2018 | 2017 | 2018 | 2017 | ||||
| mils $ | mils $ | mils $ | mils $ | mils $ | mils $ | ||||||
| Market Caps Above $10 Bil | |||||||||||
| Exxon Mobil | Irving | 4,289 | 7,240 | 8,121 | 3,017 | 9,080 | 5,583 | ||||
| ConocoPhillips | Houston | 2,687 | 1,776 | 2,672 | 1,325 | 2,906 | 653 | ||||
| Enterprise Products Partners LP | Houston | 1,293 | 917 | 1,331 | 803 | 1,346 | 627 | ||||
| Schlumberger Ltd | Houston | 509 | 643 | 648 | (2,210) | 787 | 677 | ||||
| EOG Resources | Houston | 827 | 813 | 1,088 | 413 | 1,446 | 146 | ||||
| Kinder Morgan | Houston | 739 | 706 | 775 | 324 | 1,201 | 547 | ||||
| Occidental Petroleum | Houston | 856 | 1,047 | 832 | 66 | 2,579 | 275 | ||||
| Phillips 66 | Houston | 340 | 717 | 2,918 | 654 | 1,975 | 1,256 | ||||
| Energy Transfer LP | Dallas | 1,306 | 716 | 850 | (589) | 1,341 | 584 | ||||
| Anadarko Petroleum | The Woodlands | 262 | 300 | 360 | (72) | 683 | (1,066) | ||||
| Valero Energy | San Antonio | 218 | 731 | 1,227 | 765 | 1,150 | 1,241 | ||||
| Pioneer Natural Resources | Irving | 453 | 228 | 412 | 62 | 529 | (34) | ||||
| Baker Hughes GE | Houston | 138 | (105) | 474 | (147) | 148 | (243) | ||||
| Cheniere Energy Partners LP | Houston | 385 | 335 | 351 | 374 | 307 | 23 | ||||
| Concho Resources | Midland | (889) | 1,089 | 1,891 | (206) | (268) | (179) | ||||
| Halliburton | Houston | 192 | 189 | 458 | 244 | 534 | 496 | ||||
| Plains All American Pipeline LP | Houston | 994 | 349 | 1,280 | 205 | 700 | (11) | ||||
| Cheniere Energy Inc | Houston | 340 | 615 | 235 | 284 | 230 | 88 | ||||
| Diamondback Energy | Midland | 10 | 225 | 392 | 106 | 202 | 83 | ||||
| Marathon Oil | Houston | 27 | 524 | 406 | 132 | 357 | (458) | ||||
| Cabot Oil & Gas | Houston | 341 | 157 | 325 | (459) | 162 | 25 | ||||
| Noble Energy | Houston | (373) | 543 | (720) | 292 | 307 | (208) | ||||
| Total 22 Cos With Market Caps Above $10 Bil | 14,944 | 19,755 | 26,326 | 5,383 | 27,702 | 10,105 | |||||
| ….. % Change From Prior Year Qtr | -24% | 389% | 174% | ||||||||
| Market Caps $5-10 Bil | |||||||||||
| Apache Corp | Houston | 165 | 388 | (344) | 278 | 406 | 93 | ||||
| TechnipFMC PLC | Houston | 123 | 228 | (2,005) | 168 | 201 | 230 | ||||
| Targa Resources | Houston | (28) | 48 | (120) | 34 | (15) | (253) | ||||
| National Oilwell Varco | Houston | (85) | (63) | 41 | (138) | 33 | (40) | ||||
| HollyFrontier | Dallas | 364 | 374 | 192 | 371 | 478 | 446 | ||||
| Buckeye Partners LP | Houston | 82 | 118 | 485 | 130 | (745) | 121 | ||||
| Phillips 66 Partners LP | Houston | 199 | 174 | 223 | 166 | 217 | 132 | ||||
| Texas Pacific Land Trust | Dallas | 176 | 55 | 78 | 36 | 63 | 49 | ||||
| Parsley Energy | Austin | (36) | 129 | 82 | 25 | 167 | (20) | ||||
| EnLink Midstream LLC | Dallas | (133) | 64 | (236) | 53 | 49 | 27 | ||||
| Total 10 Cos With Market Caps of $5-10 Bil | 827 | 1,515 | (1,604) | 1,123 | 854 | 785 | |||||
| ….. % Change From Prior Year Qtr | -45% | -243% | 9% | ||||||||
| Market Caps $2-5 Bil | |||||||||||
| Shell Midstream Partners LP | Houston | 137 | 65 | 148 | 103 | 154 | 100 | ||||
| CVR Energy | Sugar Land | 137 | 111 | 122 | (61) | 156 | 34 | ||||
| Transocean Ltd | Houston | (179) | (149) | (133) | (111) | (439) | (1,231) | ||||
| Black Stone Minerals LP | Houston | 9 | 42 | 164 | 19 | 61 | 22 | ||||
| NuStar Energy LP | San Antonio | (277) | 130 | 3 | 28 | 51 | 41 | ||||
| Holly Energy Partners LP | Dallas | 54 | 49 | 50 | 88 | 47 | 43 | ||||
| Magnolia Oil & Gas | Houston | 26 | 86 | 17 | 54 | 77 | 37 | ||||
| TC Pipelines LP | Houston | 100 | 103 | (406) | 70 | 65 | 55 | ||||
| Crestwood Equity Partners LP | Houston | 14 | 34 | 60 | (120) | (5) | (28) | ||||
| Kosmos Energy Ltd | Dallas | (62) | (75) | 287 | (122) | (115) | (65) | ||||
| Cactus | Houston | 47 | 28 | 44 | 23 | 51 | 23 | ||||
| Apergy | The Woodlands | 29 | 31 | 27 | 16 | 33 | 27 | ||||
| Patterson-UTI Energy | Houston | (35) | (34) | (223) | (31) | (92) | (47) | ||||
| Core Laboratories NV | Houston | 13 | 29 | 14 | 30 | 32 | 24 | ||||
| Total 14 Cos With Market Caps of $2-5 Bil | 13 | 450 | 174 | (14) | 76 | (965) | |||||
| ….. % Change From Prior Year Qtr | -97% | NM | 108% | ||||||||
| Market Caps $1-2 Bil Now | |||||||||||
| Range Resources | Fort Worth | 7 | 92 | (1,833) | (128) | 73 | (200) | ||||
| ProPetro Holding | Midland | 92 | 47 | 67 | 13 | 60 | 22 | ||||
| Southwestern Energy | Spring | 168 | 208 | 308 | 255 | (29) | 63 | ||||
| Matador Resources | Dallas | (10) | 65 | 136 | 34 | 25 | 18 | ||||
| Tellurian | Houston | (34) | (25) | (32) | (35) | (33) | (22) | ||||
| Viper Energy Partners LP | Midland | 40 | 43 | 39 | 42 | 52 | 27 | ||||
| Oasis Petroleum | Houston | (112) | 5 | 296 | (75) | 91 | (60) | ||||
| USA Compression Partners LP | Austin | 7 | (24) | 9 | (234) | (1) | (10) | ||||
| Ensco Rowan plc | Houston | (157) | (122) | (180) | (166) | (120) | (5) | ||||
| Oceaneering Intl | Houston | (28) | (43) | (108) | (15) | (5) | 2 | ||||
| BP Midstream Partners LP | Houston | 41 | 41 | 41 | 35 | 43 | 19 | ||||
| Dril-Quip | Houston | (4) | (4) | (96) | (5) | (12) | (61) | ||||
| Altus Midstream | Houston | 6 | (8) | 4 | (6) | 0 | (3) | ||||
| NOW Inc | Houston | 19 | 3 | 18 | (3) | 22 | (9) | ||||
| Callon Petroleum | Houston | (25) | 56 | 162 | 23 | 39 | 17 | ||||
| Frank's Intl NV | Houston | (19) | (36) | (17) | (109) | (14) | 90 | ||||
| Talos Energy | Houston | (116) | (23) | 309 | (86) | 13 | (36) | ||||
| Noble Midstream Partners LP | Houston | 63 | 39 | 57 | 46 | 49 | 44 | ||||
| Archrock | Houston | 17 | 2 | 17 | (6) | 13 | (17) | ||||
| Select Energy Services | Houston | 2 | 17 | (18) | (15) | 33 | 2 | ||||
| Diamond Offshore Drilling | Houston | (77) | (25) | (66) | (35) | (56) | (4) | ||||
| Hess Midstream Partners LP | Houston | 95 | 89 | 92 | 77 | 97 | 77 | ||||
| Vantage Drilling Intl | Houston | (46) | (28) | (44) | (32) | (25) | (36) | ||||
| Helix Energy Solutions Group | Houston | 2 | (2) | (13) | 1 | 28 | 1 | ||||
| Oil States Intl | Houston | (15) | (5) | (14) | (15) | (8) | (19) | ||||
| Total 25 Cos With Market Caps of $1-2 Bil Now | (84) | 362 | (866) | (439) | 335 | (100) | |||||
| ….. % Change From Prior Year Qtr | -123% | -97% | 435% | ||||||||
Market
Caps > $1 Bil Since 1-1-2018 But
Not Now
|
|||||||||||
| Nabors Industries | Houston | (74) | (120) | (144) | (138) | (83) | (134) | ||||
| Par Pacific Holdings | Houston | (4) | 15 | 13 | 16 | (5) | 20 | ||||
| Carrizo Oil & Gas | Houston | (28) | 28 | 264 | (13) | 82 | 8 | ||||
| Berry Petroleum | Dallas | (47) | (2) | 170 | (41) | 31 | (16) | ||||
| Riviera Resources | Houston | 17 | 88 | 16 | 306 | (72) | 48 | ||||
| Tidewater | Houston | (15) | (36) | (83) | (26) | (30) | (51) | ||||
| National Energy Services Reunited | Houston | 16 | 6 | 29 | 10 | 20 | 10 | ||||
| C&J Energy Services | Houston | (23) | 21 | (189) | 26 | 9 | 7 | ||||
| Keane Group | Houston | (21) | (5) | 6 | 42 | 33 | 5 | ||||
| FTS Intl | Fort Worth | (55) | 80 | 26 | 94 | 50 | 84 | ||||
| Solaris Oilfield Infrastructure | Houston | 28 | 15 | 28 | 34 | 31 | 8 | ||||
| Denbury Resources | Plano | (36) | 54 | 223 | (7) | 94 | (14) | ||||
| Newpark Resources | The Woodlands | 3 | 10 | 15 | 6 | 6 | 6 | ||||
| Summit Midstream Partners LP | The Woodlands | (37) | (4) | 39 | (18) | 57 | 94 | ||||
| W&T Offshore | Houston | (48) | 28 | 139 | 22 | 46 | 4 | ||||
| Nine Energy Service | Houston | 18 | 2 | (77) | (38) | 15 | (4) | ||||
| Noble Corp plc | Sugar Land | (60) | (140) | (87) | (181) | (93) | (128) | ||||
| Penn Virginia | Houston | (39) | 10 | 201 | (16) | 16 | (6) | ||||
| Comstock Resources | Frisco | 18 | (41) | 65 | (61) | 2 | (25) | ||||
| Forum Energy Technologies | Houston | (6) | 15 | (387) | 85 | (4) | (23) | ||||
| Montage Resources | Irving | (14) | (3) | 36 | (13) | 4 | (17) | ||||
| Superior Energy Services | Houston | (46) | (69) | (779) | (66) | (25) | (85) | ||||
| Hi-Crush Partners LP | Houston | (6) | 53 | (10) | 42 | 27 | 30 | ||||
| Halcon Energy | Houston | (382) | (3) | 242 | (93) | (82) | 402 | ||||
| Legacy Reserves | Midland | (78) | 65 | 78 | (25) | (45) | (34) | ||||
| Weatherford Intl plc | Houston | (465) | (210) | (2,142) | (1,872) | (172) | (226) | ||||
| Total 26 Cos With Market Caps < $1 Bil Now | (1,384) | (143) | (2,308) | (1,925) | (88) | (37) | |||||
| ….. % Change From Prior Year Qtr | -868% | -20% | -138% | ||||||||
Total
all 97 with Market Caps > $1 Bil Since 1-1-2018
|
14,316 | 21,939 | 21,722 | 4,128 | 28,879 | 9,788 | |||||
| ….. % Change From Prior Year Qtr | -35% | 426% | 195% | ||||||||
