• 10:37 AM

    After the markets closed on Friday, August 8, Ensign Energy Services released slightly weaker-than-expected second quarter results, missing both our and consensus expectations.   The EPS came in just $0.09, little lower than our $0.10 and quite lower than the Street’s estimate of $0.15. Revenues came in at $511.6 million, 2% ahead of our estimate but 3%

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  • 10:32 AM

    On Morning of August 7, before the market opened, Duke Energy (DUK) delivered solid second-quarter results with adj. EPS of $1.11 compared to $0.87 in same quarter, a year ago and consensus estimate of $0.97, with variance largely due to $0.08 tax benefit in Chile. We maintain company’s stock rating to “Outperform” with price target

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  • 10:51 AM

    Pacific Park (“Atlantic Yards”), along with Greenland, new JV partner, stated that the next three residential buildings will commence construction over the next one year. Out of three, two of the towers will be 100% affordable, while the third will be condominium. We believe this would help divert investor attention aside from Ridge Hill and

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  • 10:47 AM

    Agellan Commercial Real Estate Investment Trust delivered weaker second quarter on Thursday morning where company’s fund from operations of $0.286 per unit, reduced from $0.298 previous year, and remained weaker than our forecast of $0.287 per unit and Street’s consensus $0.298 per unit. We noticed that second quarter fund from operations was influenced by greater-than-expected

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  • 10:23 AM

    Cardinal Energy (CJ.TO) delivered solid second-quarter (ended June 30) results on Wednesday, August 13. The results included adjusted cash flow per share of $0.59, better-than-expected our expectation of $0.52 and Street consensus of $0.53. The Second quarter production averaged 6,501 BOE per day versus our forecast of 6,367 BOE per day. Netbacks remained better than

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  • 10:15 AM

    Calpine Corp.(CPN) stated that it has inked a contract with Exelon to buy its Fore River Generating Station in the New England ISO market approximately for $530 million (having $655/kWh). Company believes the transaction to complete in fourth quarter (conditional on customary concluding conditions, antitrust assessment under the Hart Scott Rodino Act along with FERC

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  • 10:11 AM

    We are initiating coverage on Ithaca (IAE.L) which is in a phase of solid cash generation while GSA (Greater Stella Area) remains on course in coming years. Overall, the energy sector is our favorite, although companies which have verified well-managed FCFs (free cash flows) and capital structure along with policies have revealed they are capable

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  • 8:53 AM

    H&R Real Estate Investment Trust delivered another mixed quarter on Thursday morning while the second quarter fund from operation per unit remained $0.459 compared to $0.438 in same quarter, a year ago, however in-line with our forecast and Street’s consensus of $0.459, below than estimated G&A offset net operating income remaining below than expected. Cash

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  • 10:34 AM

    Enerplus (ERF) delivered second quarter (for the fiscal year 2014) operating results on Friday morning. The results remained above our and Street’s estimates. The firm disclosed that second quarter production remained almost 104,000 BOE per day, 9% above our expectation of 95,330 BOE per day. Avg. daily production was increased by 5% sequentially and 15%

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  • 10:26 AM

    Before the markets opened Wednesday On August 13, Computer Modelling Group (CMDXF) posted weaker-than-expected first quarter (fiscal year 2015) earnings results having EPS of $0.08, little lower than our estimation of $0.09 and the Street consensus of $0.10. Revenue of $19.6 million remained in-line with our forecast, with more-than-expected annuity and maintenance license revenue offsetting

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