Earnings season continued its crescendo this week, which resulted in a lot of earnings-driven stock moves, especially in the energy sector. It was certainly the fuel behind this week's biggest movers, which, according to S&P Capital IQ data, were CONE Midstream Partners (CNXM), Bill Barrett (HPR), and Unit Corporation (UNT).
CONE Midstream reported really impressive third-quarter results. A combination of higher volumes along with lower costs fueled a big increase in distributable cash flow at CONE Midstream.
Higher production and lower costs were also the fuel behind Bill Barrett's strong third-quarter report. Production in particular was robust after it beat Bill Barrett's guidance by 13%.
Strong production and volume also drove Unit Corporation's results. The diversified energy company stunned investors by reporting a profit during the quarter after analysts had expected Unit Corporation to report a loss.
To learn even more about why these stocks moved so sharply this week, check out the following slideshow.
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