We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
This is a big week for earnings, with over 800 companies expected to report. Included in that big group is a handful of energy stocks.
This group has been out-of-favor with investors for over 2 years and the earnings picture hasn’t looked great either thanks to a reduction in oil production.
But not all energy companies are created the same. Some are being impacted by lower oil prices while others are not.
Which energy companies have the best earnings charts this week?
And which should you be watching for the best read on what is happening in the sector?
5 Top Energy Earnings Charts
1. Hess (HES - Free Report) is an E&P which gets about half of its revenue from the US and half from international. Shares have sunk near 5-year lows as the price of oil continues to be at multi-year lows. It’s coming off a miss last quarter.
2. ConocoPhillips (COP - Free Report) has actually beat 3 out of the last 4 quarters which has been hard to do for the big E&P companies. But much like Hess, shares are still near multi-year lows.
3. Valero (VLO - Free Report) has only missed twice in the last 5 years. That’s an impressive track record for ANY company. Valero is the largest US refiner and also owns over 7,000 service stations. Shares are at new 5-year highs. Maybe energy stocks aren’t so bad after all?
4. ExxonMobil (XOM - Free Report) has a great track record of beating, with just 4 misses in the last 5 years. During the oil price plunge, it has gotten a boost from its petrochemical and refining divisions. Will that still hold for the rest of 2017?
5. Chevron (CVX - Free Report) shares are well off their 2015 lows even though it has missed more than it has beat on earnings. Still, investors have found comfort in Chevron’s large dividend, which is currently yielding 3.6% even as shares are trading near 1-year highs.
Want to Learn How to Trade Options?
Have you always wanted to trade stock options but are unsure where to begin or what to look for?
Each week, Zacks’ Dave Bartosiak will bring you a detailed explanation of the trades “live” on YouTube.
Watch him go through the trade as he answers your questions in real time.
Become one of Dave’s minions. Join the Zacks Live Trader community today. It’s free!
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
Image: Bigstock
This Week's Top Energy Earnings Charts
This is a big week for earnings, with over 800 companies expected to report. Included in that big group is a handful of energy stocks.
This group has been out-of-favor with investors for over 2 years and the earnings picture hasn’t looked great either thanks to a reduction in oil production.
But not all energy companies are created the same. Some are being impacted by lower oil prices while others are not.
Which energy companies have the best earnings charts this week?
And which should you be watching for the best read on what is happening in the sector?
5 Top Energy Earnings Charts
1. Hess (HES - Free Report) is an E&P which gets about half of its revenue from the US and half from international. Shares have sunk near 5-year lows as the price of oil continues to be at multi-year lows. It’s coming off a miss last quarter.
2. ConocoPhillips (COP - Free Report) has actually beat 3 out of the last 4 quarters which has been hard to do for the big E&P companies. But much like Hess, shares are still near multi-year lows.
3. Valero (VLO - Free Report) has only missed twice in the last 5 years. That’s an impressive track record for ANY company. Valero is the largest US refiner and also owns over 7,000 service stations. Shares are at new 5-year highs. Maybe energy stocks aren’t so bad after all?
4. ExxonMobil (XOM - Free Report) has a great track record of beating, with just 4 misses in the last 5 years. During the oil price plunge, it has gotten a boost from its petrochemical and refining divisions. Will that still hold for the rest of 2017?
5. Chevron (CVX - Free Report) shares are well off their 2015 lows even though it has missed more than it has beat on earnings. Still, investors have found comfort in Chevron’s large dividend, which is currently yielding 3.6% even as shares are trading near 1-year highs.
Want to Learn How to Trade Options?
Have you always wanted to trade stock options but are unsure where to begin or what to look for?
Each week, Zacks’ Dave Bartosiak will bring you a detailed explanation of the trades “live” on YouTube.
Watch him go through the trade as he answers your questions in real time.
Become one of Dave’s minions. Join the Zacks Live Trader community today. It’s free!
Click here to join Dave >>>
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>