The table below shows the Gold-Standard US GAAP Pretax Income (Loss) From Continuing Operations for the second and first quarters of both 2020 and 2019 for each of these 161 excellent Texas Companies.
| US | US | US | US | |||
| GAAP | GAAP | GAAP | GAAP | |||
| Pretax | Pretax | Pretax | Pretax | |||
| Income | Income | Income | Income | |||
| (Loss) | (Loss) | (Loss) | (Loss) | |||
| Second | Second | First | First | |||
| Texas Companies | Quarter | Quarter | Quarter | Quarter | ||
| Stock Market Caps Above $1 Bil | City HQs | 2020 | 2019 | 2020 | 2019 | |
| mils $ | mils $ | mils $ | mils $ | |||
| Texas Oil & Gas Companies | ||||||
| Valero Energy | San Antonio | 1,674 | 808 | (2,370) | 218 | |
| Enterprise Products Partners LP | Houston | 1,121 | 1,246 | 1,196 | 1,293 | |
| Energy Transfer Operating LP | Dallas | 817 | 1,317 | (854) | 1,345 | |
| Energy Transfer LP | Dallas | 771 | 1,243 | (936) | 1,244 | |
| Cheniere Energy Inc | Houston | 467 | 2 | 734 | 340 | |
| Cheniere Energy Partners LP | Houston | 406 | 232 | 435 | 385 | |
| Western Midstream Partners LP | The Woodlands | 286 | 176 | (294) | 222 | |
| Sunoco LP | Dallas | 165 | 60 | (125) | 107 | |
| Targa Resources | Houston | 154 | 46 | (2,116) | (28) | |
| Shell Midstream Partners LP | Houston | 144 | 119 | 142 | 137 | |
| Plains All America | Houston | 132 | 425 | (2,824) | 994 | |
| Hess Midstream LP | Houston | 110 | 74 | 131 | 81 | |
| Holly Energy Partners LP | Dallas | 78 | 47 | 27 | 54 | |
| TC Pipelines LP | Houston | 62 | 58 | 94 | 100 | |
| BP Midstream Partners LP | Houston | 45 | 42 | 48 | 41 | |
| EnLink Midstream LLC | Dallas | 42 | 4 | (294) | (133) | |
| Cabot Oil & Gas | Houston | 39 | 236 | 72 | 341 | |
| TechnipFMC plc | Houston | 33 | 115 | (3,208) | 34 | |
| NuStar Energy LP | San Antonio | 32 | 48 | (147) | 30 | |
| ConocoPhillips | Houston | 21 | 2,058 | (1,563) | 2,687 | |
| Rattler Midstream LP | Midland | 14 | 55 | 58 | 50 | |
| Cactus Inc | Houston | 10 | 52 | 41 | 47 | |
| USA Compression Partners LP | Austin | 3 | 10 | (602) | 7 | |
| Dril-Quip Inc | Houston | (7) | 5 | (41) | (4) | |
| Black Stone Minerals LP | Houston | (8) | 95 | 76 | 9 | |
| Crestwood Equity Partners LP | Houston | (24) | 225 | (23) | 14 | |
| Magnolia Oil & Gas | Houston | (33) | 36 | (1,971) | 26 | |
| CVR Energy Inc | Sugar Land | (37) | 169 | (137) | 137 | |
| Comstock Resources | Frisco | (61) | 29 | 53 | 18 | |
| ChampionX Corp | The Woodlands | (110) | 29 | (660) | 26 | |
| National Oilwell Varco | Houston | (134) | (5,757) | (2,205) | (85) | |
| HollyFrontier | Dallas | (181) | 306 | (455) | 364 | |
| Range Resources | Fort Worth | (190) | 155 | 195 | 7 | |
| Genesis Energy LP | Houston | (322) | 42 | 29 | 16 | |
| Baker Hughes | Houston | (376) | 84 | (16,093) | 138 | |
| Parsley Energy | Austin | (396) | 168 | (4,307) | (36) | |
| Apache Corp | Houston | (416) | (152) | (4,566) | 165 | |
| Murphy Oil | Houston, TX / El Dorado, AR | (418) | 108 | (595) | 34 | |
| Phillips 66 | Houston | (445) | 1,829 | (2,478) | 340 | |
| Matador Resources | Dallas | (456) | 58 | 175 | (10) | |
| Noble Energy | Houston | (476) | 28 | (4,018) | 373 | |
| Kinder Morgan | Houston | (520) | 676 | (231) | 739 | |
| Pioneer Natural Resources | Irving | (538) | (216) | 365 | 453 | |
| Concho Resources | Midland | (567) | (150) | (10,844) | (889) | |
| Marathon Oil | Houston | (765) | 193 | (49) | 27 | |
| Southwestern Energy | Spring | (880) | 153 | (1,141) | 168 | |
| EOG Resources | Houston | (1,145) | 1,089 | 31 | 827 | |
| Exxon Mobil | Irving | (1,640) | 4,632 | (258) | 4,289 | |
| Halliburton | Houston | (2,083) | 151 | (896) | 192 | |
| Diamondback Energy | Midland | (3,092) | 458 | (317) | 10 | |
| Schlumberger Ltd | Houston | (3,627) | 593 | (8,089) | 509 | |
| Occidental Petroleum | Houston | (8,184) | 941 | (2,095) | 856 | |
| Total all 52 Texas Oil & Gas Cos | (20,505) | 14,450 | (72,900) | 18,309 | ||
| … % Change From Prior Year Quarter | -242% | -498% | ||||
| Texas Non-Oil & Gas Companies | ||||||
| AT&T | Dallas | 2,498 | 5,073 | 6,265 | 5,371 | |
| Texas Instruments | Dallas | 1,279 | 1,514 | 1,224 | 1,377 | |
| Kimberly Clark | Irving | 856 | 594 | 834 | 582 | |
| D R Horton | Arlington | 782 | 627 | 621 | 463 | |
| McKesson | Irving | 645 | 619 | 1,201 | (633) | |
| Dell Technologies | Round Rock | 500 | (111) | 136 | (143) | |
| Waste Management | Houston | 395 | 497 | 435 | 462 | |
| Jacobs Engineering Group | Dallas | 304 | 93 | (177) | 112 | |
| LyondellBasell Industries | Houston | 283 | 1,175 | 218 | 1,020 | |
| American National Insurance | Galveston | 276 | 104 | (299) | 285 | |
| Vistra Energy | Irving | 232 | 502 | 62 | 301 | |
| Tenet Healthcare | Dallas | 214 | 152 | 85 | 84 | |
| Globe Life | McKinney | 212 | 229 | 203 | 228 | |
| Crown Castle | Houston | 206 | 220 | 190 | 199 | |
| CoPart | Dallas | 202 | 187 | 192 | 204 | |
| Yum China Holdings | Plano | 181 | 231 | 98 | 322 | |
| Match Group | Dallas | 167 | 140 | 99 | 89 | |
| CenterPoint Energy | Houston | 164 | 166 | (1,400) | 157 | |
| Celanese | Irving | 147 | 239 | 292 | 385 | |
| Service Corp Intl | Houston | 142 | 96 | 106 | 100 | |
| Prosperity Bancshares | Houston | 140 | 103 | 166 | 104 | |
| Comerica | Dallas | 140 | 385 | (86) | 424 | |
| Nexstar Broadcasting Group | Irving | 136 | 97 | 222 | 73 | |
| Hilltop Holdings | Dallas | 136 | 81 | 66 | 45 | |
| Eagle Materials | Dallas | 129 | 55 | 45 | (172) | |
| Lennox Intl | Richardson | 128 | 140 | 27 | 83 | |
| Atmos Energy | Dallas | 127 | 104 | 306 | 275 | |
| Mr. Cooper Group | Coppell | 110 | (117) | (239) | (233) | |
| Quanta Services | Houston | 108 | 70 | 58 | 165 | |
| Builders FirstSource | Dallas | 102 | 86 | 9 | 47 | |
| Sixth Street Specialty Lending | Dallas | 96 | 48 | (53) | 39 | |
| Cullen/Frost Bankers | San Antonio | 92 | 126 | 58 | 130 | |
| Commercial Metals | Irving | 88 | 108 | 86 | 33 | |
| Darling Ingredients | Irving | 86 | 39 | 104 | 25 | |
| Insperity | Kingwood | 71 | 40 | 85 | 87 | |
| LGI Homes | The Woodlands | 69 | 61 | 55 | 22 | |
| First Financial Bankshares | Abilene | 64 | 51 | 44 | 46 | |
| Comfort Systems USA | Houston | 55 | 31 | 24 | 27 | |
| Intl Bancshares | Laredo | 53 | 64 | 44 | 65 | |
| Helen of Troy | El Paso | 53 | 44 | (6) | 41 | |
| Rent-A-Center | Plano | 50 | 122 | 45 | 9 | |
| Independent Bank Group | McKinney | 48 | 63 | 55 | 48 | |
| Alliance Data Systems | Plano, TX / Columbus, OH | 47 | 194 | 25 | 213 | |
| Arcosa | Dallas | 45 | 41 | 42 | 36 | |
| Yeti Holdings | Austin | 45 | 29 | 11 | 3 | |
| CyrusOne | Dallas | 44 | (10) | 14 | 89 | |
| Invitation Homes | Dallas | 43 | 39 | 50 | 21 | |
| Main Street Capital Corp | Houston | 43 | 38 | (171) | 41 | |
| Group 1 Automotive | Houston | 42 | 63 | 39 | 52 | |
| Tyler Technologies | Plano | 42 | 36 | 35 | 35 | |
| FirstCash | Fort Worth | 37 | 45 | 46 | 59 | |
| Texas Pacific Land Trust | Dallas | 35 | 63 | 71 | 176 | |
| Veritex Holdings | Dallas | 28 | 34 | 3 | 9 | |
| Diodes Inc | Plano | 26 | 48 | 25 | 42 | |
| Kronos Worldwide | Dallas | 24 | 41 | 35 | 43 | |
| Southside Bancshares | Tyler | 24 | 22 | 4 | 22 | |
| Kirby | Houston | 24 | 63 | (392) | 58 | |
| Rush Enterprises | New Braunfels | 23 | 54 | 32 | 50 | |
| Cirrus Logic | Austin | 20 | 6 | 12 | 9 | |
| US Physical Therapy | Houston | 19 | 25 | 4 | 15 | |
| Camden Property Trust | Houston | 18 | 44 | 45 | 40 | |
| Alamo Group | Sequin | 18 | 27 | 21 | 21 | |
| SolarWinds Corp | Austin | 17 | 1 | 3 | 4 | |
| Flowserve | Irving | 16 | 83 | 38 | 76 | |
| Encore Wire | McKinney | 16 | 23 | 24 | 17 | |
| Luminex | Austin | 16 | (6) | 1 | (4) | |
| National Instruments | Austin | 15 | 33 | 172 | 26 | |
| Wingstop | Dallas | 15 | 6 | 9 | 7 | |
| Michaels Companies | Irving | 15 | 30 | (96) | 52 | |
| RealPage | Richardson | 13 | 14 | 3 | 16 | |
| Atrion Corp | Allen | 11 | 12 | 11 | 12 | |
| AZZ Inc | Fort Worth | 10 | 27 | (11) | 10 | |
| Cornerstone Building Brands | Houston, TX / Cary, NC | 10 | 23 | (560) | (84) | |
| Weingarten Realty Investors | Houston | 9 | 79 | 27 | 46 | |
| Vital Farms | Austin | 9 | 4 | 3 | 5 | |
| Goosehead Insurance | Westlake | 7 | 3 | (0) | 8 | |
| HMS Holdings | Irving | 6 | 39 | 17 | 18 | |
| Argo Group Intl | San Antonio | 6 | 30 | (22) | 100 | |
| Westlake Chemical | Houston | 5 | 168 | 116 | 113 | |
| SailPoint Technoligies | Austin | 4 | (10) | (9) | (7) | |
| Integer Holdings | Plano | 0 | 35 | 37 | 25 | |
| Spirit Realty Capital | Dallas | (0) | 46 | (16) | 44 | |
| Silicon Labs | Austin | (1) | 13 | 2 | 3 | |
| BigCommerce Holdings | Austin | (8) | (11) | (4) | (11) | |
| Cardtronics plc | Houston | (13) | 14 | 2 | 7 | |
| American Campus Communities | Austin | (15) | 11 | 82 | 32 | |
| PROS Holdings | Houston | (17) | (17) | (23) | (17) | |
| Sally Beauty Holdings | Denton | (26) | 94 | 22 | 89 | |
| Sunnova Energy Intl | Houston | (29) | (50) | (77) | (35) | |
| KBR Inc | Houston | (33) | 68 | (85) | 58 | |
| Q2 Holdings | Austin | (39) | (18) | (34) | (19) | |
| Howard Hughes Corp | Dallas | (41) | 18 | (159) | 43 | |
| Texas Capital Bancshares | Dallas | (42) | 99 | (21) | 105 | |
| Rackspace Technology | San Antonio | (45) | 75 | (51) | (67) | |
| Resideo Technologies | Austin | (53) | (11) | (25) | 84 | |
| Cadence Bancorp | Houston | (63) | 63 | (433) | 75 | |
| Brinker Intl | Dallas | (68) | 49 | 27 | 56 | |
| Reata Pharmaceuticals | Irving | (68) | (34) | (71) | (29) | |
| Huntsman Corp | The Woodlands | (77) | 121 | (62) | 153 | |
| Santander Consumer USA | Dallas | (130) | 480 | (6) | 337 | |
| Six Flags Entertainment | Grand Prairie | (172) | 134 | (107) | (94) | |
| Waste Connections | The Woodlands | (266) | 189 | 172 | 154 | |
| Cinemark Holdings | Plano | (269) | 140 | (63) | 45 | |
| Trinity Industries | Dallas | (360) | 52 | 15 | 40 | |
| Sabre Corp | Southlake | (449) | 40 | (237) | 71 | |
| Sysco Corp | Houston | (736) | 682 | (29) | 431 | |
| Southwest Air | Dallas | (1,239) | 968 | (144) | 504 | |
| American Air Lines | Fort Worth | (2,659) | 882 | (2,890) | 245 | |
| El Paso Electric (Acquired by JPMorgan Chase Fund) | El Paso | NA | NA | (46) | 8 | |
| Total all 109 Texas Non-Oil & Gas Companies | 5,695 | 19,741 | 6,953 | 16,134 | ||
| … % Change From Prior Year Quarter | -71% | -57% | ||||
| Total all 161 Texas Companies | (14,810) | 34,191 | (65,947) | 34,443 | ||
| … % Change From Prior Year Quarter | -143% | -291% | ||||
| Total Pretax Income (Losses) | ||||||
| ….. First Half of 2020 | (80,757) | |||||
| ….. First Half of 2019 | 68,634 | |||||
| ………. % Decline | -218% |
