Pioneer Southwest Energy Partners
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Pioneer Southwest Energy Partners beat expectations on revenues and beat slightly on earnings per share.
Compared to the prior-year quarter, revenue dropped and GAAP earnings per share grew.
Gross margins shrank, operating margins increased, net margins expanded.
Pioneer Southwest Energy Partners booked revenue of $46.2 million. The six analysts polled by S&P Capital IQ looked for revenue of $44.2 million on the same basis. GAAP reported sales were 6.3% lower than the prior-year quarter's $53.9 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.50. The six earnings estimates compiled by S&P Capital IQ forecast $0.49 per share. GAAP EPS were $0.65 for Q4 against -$0.21 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 65.2%, 1,000 basis points worse than the prior-year quarter. Operating margin was 48.0%, 6,010 basis points better than the prior-year quarter. Net margin was 46.0%, 5,880 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $45.4 million. On the bottom line, the average EPS estimate is $0.51.
Next year's average estimate for revenue is $187.1 million. The average EPS estimate is $2.18.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 175 members out of 185 rating the stock outperform, and 10 members rating it underperform. Among 63 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 59 give Pioneer Southwest Energy Partners a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Pioneer Southwest Energy Partners is hold, with an average price target of $25.70.
Is Pioneer Southwest Energy Partners the right energy stock for you? Read about a handful of timely, profit-producing plays on expensive crude in "3 Stocks for $100 Oil." Click here for instant access to this free report.
- Add Pioneer Southwest Energy Partners to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.