Archive for October 24th, 2007


24
Oct

Z-Note: Newfield 3Q Results Rock – Pre CC Notes

(NFX) – $52.27 as of 10/24/07. I’ll have more in comments after the conference call tomorrow but here’s the quick and dirty… In A Nutshell: Wow. The Mechanics Beat Estimates: Reported CFPS of $2.23 vs $2.21 expectation. Earnings beat by a penny at $0.76 (after backing out the non-cash derivatives mark to market loss). Production […]


24
Oct

Wednesday – Oil Inventory Day, A Look At Drybulks, and XTO

Commodity Watch: Crude Oil: December crude started trading as the front month yesterday rallying in the morning of news of a lack of a cease fire between Turkey and the PKK and increased rebel activity in Nigeria. It then sold off closing down $0.75 at $85.27. This morning it is trading off another dime this […]

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