We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
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.
Earnings season continues to charge on even though most of FANGMAN has already reported.
Over 1500 companies are expected to report earnings this week.
Among them are a big slew of energy producers, including those exploring in the hottest US markets like the Permian.
Most have put in a nice string of beats after last year’s devastating oil price collapse. Their shares have also rebounded off the lows.
Crude prices last peaked in 2008. After 13 long years, has a new bull market in energy finally arrived?
5 Top Energy Charts to Watch This Week
1. ConocoPhillips (COP - Free Report) has beat 3 quarters in a row. Shares are up 86% year-to-date but still trade with a forward P/E of just 13.7. Will it bust out to new 5-year highs on the report?
2. Magnolia Oil & Gas (MGY - Free Report) is a rare non-hedged oil and natural gas producer. Year-to-date, shares are up 195% but it’s forward P/E is just 9.4. It has beat 4 quarters in a row and shares are at new 5-year highs. Is it too late to get on the train?
3. Pioneer Natural Resources is one of the largest producers in the Permian Basin. It is coming off a miss last quarter but shares are still up 64% year-to-date. It’s also cheap, as its earnings rise, with a forward P/E of just 13.9. It’s been raising the dividend. Will it do so again this quarter?
4. Occidental Petroleum (OXY - Free Report) beat big last quarter. It has a big chemical division which should also boost the quarter as chemical prices rise. Shares are up 93.7% year-to-date but it’s not as cheap as some of the others, with a forward P/E of 20.4. Are Occidental’s troubles behind it?
5. EOG Resources (EOG - Free Report) has beat 4 quarters in a row. Shares are up 85.4% year-to-date but are still cheap, with a forward P/E of just 11.4. It’s been shareholder friendly this year. EOG’s dividend is yielding 1.8%. Will that continue into the end of the year?
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
5 Top Oil Stock Earnings Charts
Earnings season continues to charge on even though most of FANGMAN has already reported.
Over 1500 companies are expected to report earnings this week.
Among them are a big slew of energy producers, including those exploring in the hottest US markets like the Permian.
Most have put in a nice string of beats after last year’s devastating oil price collapse. Their shares have also rebounded off the lows.
Crude prices last peaked in 2008. After 13 long years, has a new bull market in energy finally arrived?
5 Top Energy Charts to Watch This Week
1. ConocoPhillips (COP - Free Report) has beat 3 quarters in a row. Shares are up 86% year-to-date but still trade with a forward P/E of just 13.7. Will it bust out to new 5-year highs on the report?
2. Magnolia Oil & Gas (MGY - Free Report) is a rare non-hedged oil and natural gas producer. Year-to-date, shares are up 195% but it’s forward P/E is just 9.4. It has beat 4 quarters in a row and shares are at new 5-year highs. Is it too late to get on the train?
3. Pioneer Natural Resources is one of the largest producers in the Permian Basin. It is coming off a miss last quarter but shares are still up 64% year-to-date. It’s also cheap, as its earnings rise, with a forward P/E of just 13.9. It’s been raising the dividend. Will it do so again this quarter?
4. Occidental Petroleum (OXY - Free Report) beat big last quarter. It has a big chemical division which should also boost the quarter as chemical prices rise. Shares are up 93.7% year-to-date but it’s not as cheap as some of the others, with a forward P/E of 20.4. Are Occidental’s troubles behind it?
5. EOG Resources (EOG - Free Report) has beat 4 quarters in a row. Shares are up 85.4% year-to-date but are still cheap, with a forward P/E of just 11.4. It’s been shareholder friendly this year. EOG’s dividend is yielding 1.8%. Will that continue into the end of the year?