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Top News & Analysis Houston

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  • HOUSTON— Phillips 66 on Friday reported second-quarter net income of $1.01 billion. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.81 per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HOUSTON _ Cheniere Energy Partners LP Holdings LLC on Thursday reported second-quarter net income of $4.5 million. Cheniere Energy Partners shares have declined 3.5 percent since the beginning of the year. Keywords: Cheniere Energy Partners, Earnings Report.

  • HOUSTON _ Comfort Systems USA Inc. on Thursday reported second-quarter profit of $13.4 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • HOUSTON _ Cardtronics Inc. on Thursday reported second-quarter earnings of $15 million. Cardtronics expects full-year revenue in the range of $1.18 billion to $1.2 billion. Cardtronics shares have fallen 7.5 percent since the beginning of the year.

  • HOUSTON _ Halcon Resources Corp. on Thursday reported a loss of $1.09 billion in its second quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share. Six analysts surveyed by Zacks expected $202.8 million.

  • HOUSTON _ Camden Property Trust on Thursday reported a key measure of profitability in its second quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of $1.10 per share. Six analysts surveyed by Zacks expected $219.3 million.

  • WASHINGTON, July 30- General Electric Co is taking steps to shift some U.S. manufacturing work overseas now that the U.S. Export-Import Bank will be shuttered at least until September, the industrial giant's global operations boss told Reuters on Thursday. The prospective government partners include Canada, the United Kingdom, France, Germany, China and...

  • Dril-Quip beats 2Q profit forecasts Thursday, 30 Jul 2015 | 9:45 AM ET

    HOUSTON _ Dril-Quip Inc. on Thursday reported second-quarter profit of $39.2 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.21 per share. Dril-Quip shares have decreased 17 percent since the beginning of the year.

  • Ultra Petroleum reports 2Q loss Thursday, 30 Jul 2015 | 9:07 AM ET

    HOUSTON _ Ultra Petroleum Corp. on Thursday reported a second-quarter loss of $24.7 million, after reporting a profit in the same period a year earlier. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Ultra Petroleum shares have fallen 39 percent since the beginning of the year.

  • July 30- U.S. refiner Valero Energy Corp reported a better-than-expected quarterly profit as its refining margins rose due to a steep fall in crude oil prices. Valero said on Thursday that it was on track to start operations at two light crude processing units at the Corpus Christi and Houston refineries in the first quarter of 2016.. Net income from continuing...

  • July 30- ConocoPhillips, the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist. The Houston- based company said it would cut 2015 capital spending to $11 billion from $11.5 billion, and also lowered its forecast for...

  • HOUSTON— ConocoPhillips lost $179 million in the second quarter, after booking a profit in the same period last year, as a sizeable drop in oil prices weighed on the energy company's results. ConocoPhillips countered some of the hit from oil prices by cutting expenses. Shares of ConocoPhillips edged down 3 cents to $52.87 in morning trading shortly after the...

  • Occidental misses Street 2Q forecasts Thursday, 30 Jul 2015 | 7:24 AM ET

    HOUSTON _ Occidental Petroleum Corp. on Thursday reported second-quarter profit of $176 million. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 22 cents per share. Three analysts surveyed by Zacks expected $3.9 billion.

  • Conoco has quarterly loss, lowers capex Thursday, 30 Jul 2015 | 7:21 AM ET

    July 30- ConocoPhillips, the largest U.S. independent oil and gas company, reported a quarterly loss compared with a year-ago profit on Thursday as steep declines in crude oil prices hurt results. The Houston- based company also said it was lowering its forecast for 2015 capital expenditures to $11 billion from $11.5 billion. Conoco's loss in the second quarter...

  • Calpine beats 2Q profit forecasts Thursday, 30 Jul 2015 | 6:54 AM ET

    HOUSTON _ Calpine Corp. on Thursday reported second-quarter profit of $19 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share. Calpine shares have declined 25 percent since the beginning of the year.

  • Carbo Ceramics reports 2Q loss Thursday, 30 Jul 2015 | 5:03 AM ET

    HOUSTON _ Carbo Ceramics Inc. on Thursday reported a second-quarter loss of $17 million, after reporting a profit in the same period a year earlier. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 65 cents per share. Carbo Ceramics shares have dropped 13 percent since the beginning of the year.

  • MOUNT HOLLY, N.J.— A judge is weeks away from deciding whether to allow a disputed environmental contamination settlement between New Jersey and Exxon Mobil Corp., he said Thursday during a hearing on the deal. Chris Christie following 11 years of litigation over pollution caused by the company, particularly at sites in Linden and Bayonne.

  • Service Corp. posts 2Q profit Wednesday, 29 Jul 2015 | 7:16 PM ET

    HOUSTON _ Service Corp. International on Wednesday reported second-quarter profit of $52.6 million. Service Corp. expects full-year earnings in the range of $1.22 to $1.28 per share. Service Corp. shares have risen 31 percent since the beginning of the year.

  • Kraton reports 2Q loss Wednesday, 29 Jul 2015 | 6:03 PM ET

    HOUSTON _ Kraton Performance Polymers Inc. on Wednesday reported a second-quarter loss of $5.6 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Houston- based company said it had a loss of 18 cents. Keywords: Kraton Performance Polymers, Earnings Report.

  • July 29- Whole Foods Market Inc on Wednesday said same-store sales growth cooled again in the third quarter, hurt by competition and an overcharging scandal in its New York City stores, and its shares tumbled 11 percent in after-hours trade. The rapid deceleration is troubling for investors, who have wondered how long Whole Foods could maintain its grip on the...