Chesapeake Jumps On Earnings (CHK, CLNE, CXO, GA, GEOY)

Chesapeake Energy Corporation (NYSE:CHK) stock gained 2.94% to $18.22 in the after hour trading after the company reported second quarter net income of $929 million or $1.29 per share, up from $467 million or $0.68 per share in the comparable quarter last year. Adjusted earnings for the quarter were $3 million or $0.06 per share, as compared to $528 million or $0.76 per share in the prior year period. Total revenues grew to $3.4 billion from $3.32 billion in the same quarter last year. Analysts expected earnings of $0.08 per share on revenues of $2.44 billion for the quarter.

Get Daily Updates on Stock Earnings

Clean Energy Fuels Corp. (NASDAQ:CLNE) shares fell 2.94% to $14.20 in the after hour trading after the company reported a second quarter net loss of $11.29 million or $0.13 per share, as against $5.62 million or $0.08 per share in the prior-year period. Adjusted net loss for the quarter widened to $13.97 million or $0.16 per share from $7.02 million or $0.10 per share in the year-ago quarter. Revenue rose to $69.84 million from $69.11 million in the same quarter last year. Analysts expected a loss of $0.17 per share on revenue estimate of $80.10 million.

Get Free Trend Analysis on CLNE

Concho Resources Inc. (NYSE:CXO) reported second-quarter profit of $319.3 million or $3.07 per share from $232.2 million or $2.24 per share in the year-earlier quarter. Adjusted earnings were $80.5 million or $0.78 per share. Operating revenues totaled $432.8 million, down from $446.2 million in the same period last year. Analysts expected the company to earn $0.99 per share on revenues of $467.30 million.

How Should Investors Trade CXO After Its Earnings, Get Report

Giant Interactive Group Inc (ADR) (NYSE:GA) stock gained 3.83% to $4.88 in the after hour trading after the company reported second-quarter net income of RMB307.2 million or US$48.4 million, up from RMB10.2 million in the second quarter 2011. Earnings per American Depositary Share or ADS were RMB1.26 or US$0.20, compared to earnings per ADS of RMB0.04 in the year ago quarter. Non-GAAP earnings per ADS for the quarter were RMB1.40 or US$0.22. Net revenue was RMB528.2 million or US$83.1 million, from RMB436.2 million in the prior year period. Analysts expected the company to report earnings of US$0.17 per share on revenues of US$83.30 million for the quarter.

Get Free Trend Analysis on GA

GeoEye Inc. (NASDAQ:GEOY) reported second quarter net income of $11.7 million, or $0.51 per share, from $11.1 million, or $0.49 per share, in the same quarter a year earlier. Adjusted earnings were $0.57 per share. Revenue rose 1% to $88.4 million.