El Paso (EP) Boosts FY11 Earnings, Production Outlook
Tweet
Share
E-mailGet Alerts EP Hot Sheet
Price: $2.78 -0.71%
Financial Fact:
Affiliated interest income, net: 5M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Affiliated interest income, net: 5M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Join SI Premium – FREE
El Paso Corporation (NYSE: EP) increases its FY11 earnings outlook.
The Company boosted adjusted EPS to $1.00 - $1.10, versus the consensus of $1.06.
Adjusted Segment EBITDA now expected to be $2.3 - $2.5 billion.
Total production increasing to 830-860 million cubic feet equivalent per day.
Oil volumes rising to 18,500-20,500 barrels per day, 35-45 percent above 2010 levels.
The Company boosted adjusted EPS to $1.00 - $1.10, versus the consensus of $1.06.
Adjusted Segment EBITDA now expected to be $2.3 - $2.5 billion.
Total production increasing to 830-860 million cubic feet equivalent per day.
Oil volumes rising to 18,500-20,500 barrels per day, 35-45 percent above 2010 levels.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
- HeartCore Enterprises, Inc. (HTCR) Misses Q2 EPS by 185c
- Vivos Therapeutics posts 35% revenue gain but widens net loss
Create E-mail Alert Related Categories
GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
