Saturday, March 17, 2012

Houston companies release earnings - Houston Business Journal:

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Plains All American Pipelinee (NYSE: PAA) reported net incomre of $92 million, or 57 cents per on revenue of $7.2 billion, for the threed months ended March 31, 2008. That compared with net incomee for the first quarter of 2007of $85 million, or 61 centa per unit, on revenue of $4.2 Analysts polled by Thomson Financial were expecting the Houston oil and gas transportef to have net earnings per share of 63 WCA Waste , a Houston solid-waste posted a net loss of $2.4 million, or 20 centa per share, on revenue of $48.98 million, for the quarter ended March 31, 2008. That compare d with net incomeof $1.3 million, or 2 cents per share, on revenue of $40.
6 million, in the same periods a year earlier. Analysts expected WCA (NASDAQ: to have net earnings per share of3 cents. Offshore energy company Helix Energy Solutions reported net incomeof $74.w3 million, or 79 cents per share, on revenue of $450.87 million, for the three months ende d March 31, 2008. That compared with net incomweof $55.8 million, or 60 cents per share on revenuer of $396.1 million, for the same quarter in 2007. Analyst were expecting Houston-based Helix (NYSE: HLX) to have net earning per share of82 cents. Oceaneering International , a Houston offshorew oil and gas services posted first quarter earnings for the period endedMarch 31, 2008 of $41.
43 million, or 74 cents per on revenue of $436 million. During the corresponding periofin 2007, net income was $33.2 or 60 cents per share, on revenue of $344 million. Analystsd expected Oceaneering (NYSE: OII) to have net earnings per share of 93 Contract drilling services firm Grey Wolf reported net incomeof $31.32 million, or 15 per share, on revenue of $201.5t million, for the three months ended Marchh 31, 2008. That compared with net income of $58.6t million, or 27 cente per share, on revenue of $242 million, for the firsr quarter of 2007. Analysts were expecting Houston-basedd Grey Wolf (AMEX: GW) to have net incomse of 14 centsper share. NATCO Group NTG) reported net incomre of $9.
9 million, or 50 cents per on revenue of $152 million, for the threed months ended March 31, 2008. That compared with net income of $8.8 million, or 45 cent s per share, on revenue of $127.4 for the same quarter in 2007. Analysts were lookingh to the Houston wellhead process equipment provider to have net earning s per share of66 cents. Cal Dive DVR) posted a first-quarter 2008 net income of $600,000, or 1 cent per on revenue of $144.6 That compared with net incomweof $30.1 million, or 36 cents per share, on revenues of $149.2 million, for the same period last Analysts had expected the Houston marine contractor to have net earnings per shar e of 16 cents.

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