NEW YORK, November 8, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Diamondback Energy, Inc. (NASDAQ: FANG), Energen Corp. (NYSE: EGN), Carrizo Oil & Gas Inc. (NASDAQ: CRZO), Cobalt International Energy, Inc. (NYSE: CIE), and Quicksilver Resources Inc. (NYSE: KWK). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Diamondback Energy, Inc. Research Report
On November 4, 2013, Diamondback Energy, Inc. (Diamondback) released its Q3 2013 results. Diamondback registered revenues of $57.8 million in Q3 2013, up 243.7% YoY. For Q3 2013, the Company posted net income of $14.6 million, up 3129.2% YoY. Diamondback reported diluted EPS of $0.33 in Q3 2013 (However, the Company did not report the basic or diluted EPS for the corresponding prior year period as it was not a public company as of September 30, 2012, and its assets and operations were owned by a limited liability company). Commenting on the results, Travis Stice, CEO of Diamondback, stated, "Our operations team continues to improve performance by reducing cycle times and costs. We have achieved four consecutive quarters of double digit declines in lease operating expense reduction, which are down over 50% from this same period last year." The Full Research Report on Diamondback Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/4744_FANG]
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Energen Corp. Research Report
On October 23, 2013, Energen Corp. (Energen) announced that its Board of Directors has declared a quarterly cash dividend of c.$0.15 per share. Energen reported that the dividend is payable on December 2, 2013, to shareholders of record as on November 15, 2013. The Full Research Report on Energen Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/5134_EGN]
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Carrizo Oil & Gas Inc. Research Report
On November 4, 2013, Carrizo Oil & Gas Inc. (Carrizo) released its Q3 2013 results. Carrizo registered total oil and gas revenues of $144.3 million in Q3 2013, up 50.0% YoY. The Company posted net income of $4.5 million in Q3 2013, compared to net loss of $0.9 million in Q3 2012. Carrizo reported diluted EPS of $0.11 in Q3 2013, compared to diluted loss per share of $0.02 in Q3 2012. S.P. "Chip" Johnson, IV, Carrizo's President and CEO, commented, "This was another outstanding quarter for Carrizo as we delivered production growth that once again exceeded our forecast despite lower than planned capital expenditures." The Full Research Report on Carrizo Oil & Gas Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/1c39_CRZO]
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Cobalt International Energy, Inc. Research Report
On October 29, 2013, Cobalt International Energy, Inc. (Cobalt) released its Q3 2013 results. Cobalt registered net loss of $160.0 million in Q3 2013, compared to net loss of $39.2 million in Q3 2012. The Company posted diluted loss per share of $0.39 in Q3 2013, compared to diluted loss per share of $0.10 in Q3 2012. Cobalt reported discoveries at its Lontra #1 and Mavinga #1 deepwater Pre-salt exploratory wells offshore Angola. Joseph H. Bryant, Cobalt's Chairman and CEO, commented, "While operations are still continuing at Lontra, it's clear that each of Cobalt's four wells to date has been successful in finding and delineating new hydrocarbon resources in the Angolan Pre-salt. This is a remarkable and highly unusual start to the exploration of such an immense new basin." Bryant added, "Our early success in exploring the Pre-salt offshore Angola and Gabon, coupled with our success to date in the deepwater Gulf of Mexico, are a testament to the depth of Cobalt's portfolio." The Full Research Report on Cobalt International Energy, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/3cc8_CIE]
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Quicksilver Resources Inc. Research Report
On November 5, 2013, Quicksilver Resources Inc. (Quicksilver Resources) released its preliminary Q3 2013 results. Quicksilver Resources registered total revenues of $153.1 million in Q3 2013, up 29.6% YoY. The Company posted net income of $10.6 million in Q3 2013, compared to net loss of $790.5 million in Q3 2012. Quicksilver Resources reported diluted EPS of $0.06 in Q3 2013, compared to diluted loss per share of $4.65 in Q3 2012. Glenn Darden, CEO of Quicksilver Resources, said, "Quicksilver continues to progress on our deleveraging plan. We have sold additional non-core assets and executed deals in West Texas that give us significant exposure to new oil production without near-term capital outlay." Darden continued, "We are working on what we believe will be a very attractive solution for our Horn River properties, which are the assets in our portfolio with the most potential." The Full Research Report on Quicksilver Resources Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
[http://www.AnalystsCorner.com/r/full_research_report/f0d5_KWK]
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