Post by
iamanewager on May 09, 2012 10:14am
Anyone know what caused the drop this morning
Anyone know what caused the drop this morning?
Comment by
cliffvb on May 09, 2012 12:32pm
Earnings came out after the close yesterday. Oil production is up nicely but low NG prices hurt the bottom line.https://www.stockhouse.com/financialtools/sn_newsreleases.aspx?qm_symbol=t.pce&newsid=8506084
Comment by
zagorsk on May 09, 2012 4:39pm
One time maintenance expenses caused a substantial reduction in Q1 cash flow to .31 per share. Emphasis was on ONE TIME charges. Revised cash flow estimate for 2012 is $1.80 per share, or .50 per share for Q2, Q3 and Q4.