Archive for February 25th, 2009


25
Feb

HK 4Q08 Note With Conference Call Highlights

  HK Reports 4Q08; Top Line Beat, Bottom Line Miss; Raising Production Guidance, Costs Remain Low. The 4Q Numbers: Production: 361 MMcfepd was previously announced, up 15% sequentially and 52% YoY, 92% natural gas Revenues of $270.7 vs $226 mm expected. Much of this beat was due to higher than expected marketing revenues (lower margin […]


25
Feb

Wednesday Morning

President Obama spoke on a wide range of topics last night, including energy. See the full text of the speech here. Solar power was mentioned three times, wind twice, and clean coal once. Natural gas scored a big goose egg.  He also asked congress to "send me legislation that places a market-based cap on carbon […]

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