Yingli Green Energy Topped Q2 Estimates, Top Line Up 27%

- Yingli Green Energy Topped Q2 Estimates, Top Line Up 27%



Aug 19, 2011

Yingli Green Energy (NYSE:YGE) reported Q2 EPS of $0.34, ahead of consensus estimates of $0.27 per share. Revenues for the quarter rose 27.4% year-over-year to $680.6 million, topping consensus estimates of $613.8 million.

Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy commented, "I'm pleased to announce that we had our best quarter ever in terms of PV module shipments, which increased by 36.6% over the previous quarter. With the significantly increased shipments, we managed not only to expand our global market share, but also to extend our sales geographies."

Yingli Green Energy has a potential upside of 60.4% based on a current price of $5.63 and an average consensus analyst price target of $9.03.

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El Paso Topped Q2 EPS Estimates By $0.10 Per Share

- El Paso Topped Q2 EPS Estimates By $0.10 Per Share



Aug 4, 2011

El Paso (NYSE:EP) reported Q2 EPS of $0.34, ahead of consensus estimates of $0.24 per share.

Doug Foshee, chairman, president, and chief executive officer of El Paso Corporation said, "We are very pleased with our financial and operational performance. With the completion of our Ruby Pipeline, we have placed three major projects into service this year and will complete two more by year end. And with natural gas likely to be the cornerstone for growth in electric power development, we continue to see exciting growth opportunities on the horizon. Execution in our E&P business is outstanding, with oil programs ramping up with results that are equal to or better than expectations. We are very encouraged by the completion of our first 7,000 foot plus lateral in the Wolfcamp Shale, and we see this program delivering many years of very profitable development across our large acreage position. On the financial front, we continue to make excellent progress, improving our balance sheet primarily through drop downs to El Paso Pipeline Partners. This progress has put us in position to separate into two outstanding companies by year end. We believe this is a great time to be a shareholder of El Paso."

El Paso has a potential upside of 27.7% based on a current price of $19.49 and an average consensus analyst price target of $24.89.

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GM Topped Estimates For Q2, Rose 18.7% YoY

- GM Topped Estimates For Q2, Rose 18.7% YoY



Aug 4, 2011

General Motors (NYSE:GM) reported adjusted Q2 EPS of $1.54, better than analyst estimates of a $1.20 per share. Revenues for the quarter rose 18.7% year-over-year to $39.40 billion, topping consensus estimates of $36.71 billion.

GM Chairman and CEO Dan Akerson said in a statement, "GM's investments in fuel economy, design and quality are paying off around the world."

General Motors (NYSE:GM) has a potential upside of 59.9% based on a current price of $27.17 and an average consensus analyst price target of $43.45.

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Pioneer Drilling Topped Q2 Estimates, Top Line Surged 46.4% YoY

- Pioneer Drilling Topped Q2 Estimates, Top Line Surged 46.4% YoY



Aug 4, 2011

Pioneer Drilling (AMEX:PDC) reported Q2 EPS of $0.07, ahead of consensus estimates of $0.04 per share. Revenues for the quarter rose 46.4% year-over-year to $171.3 million, topping consensus estimates of $166.0 million.

William Locke, President and CEO of Pioneer Drilling said, "We continue to see strong demand for our drilling rigs in the West Texas drilling division, which has grown from zero to 12 rigs since the beginning of 2011, and we have contracted four more rigs that will begin operating in West Texas by year-end, although day rates are lower in West Texas when compared to certain other regions, putting rigs back to work results in higher utilization rates and increased Adjusted EBITDA."

Pioneer Drilling has a potential upside of 14.3% based on a current price of $15.58 and an average consensus analyst price target of $17.81.

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Forest Oil Topped Q2 Estimates, Top Line Up 14%

- Forest Oil Topped Q2 Estimates, Top Line Up 14%



Aug 2, 2011

Forest Oil (NYSE:FST) reported Q2 EPS of $0.36, ahead of consensus estimates of $0.30 per share. Revenues rose 14.4% year-over-year to $238.1 million, topping consensus estimates of $224.8 million.

Forest Oil has a potential upside of 22.5% based on a current price of $26.4 and an average consensus analyst price target of $32.33.

Forest Oil is currently below its 50-day moving average (MA) of $26.72 and below its 200-day MA of $33.15.

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