2Q earnings estimates - revisions
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On June 17, the energystockblog provided a list of consensus estimates for a number of small to mid-cap companies in the energy space. Since than there have been some revisions.
The greatest revision was downward and occurred for Maverick Tube (ticker: MVK). The quarterly estimate went from $0.77/share to $0.60/share, this was off the guidance MVK gave on June 23.
MVK cited lower than expected earnings contributions from their industrial products division.
The other revsions were in the $0.01/sh to $0.02/sh. Of note was ATP Oil & Gas (ticker:ATPG), the GOM exploiter, which saw its estimate increase from a loss of $0.01/sh to a gain of $0.01/sh.
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