Valero Energy is expected to announce its first-quarter results later this month, and analysts predict a massive double-digit decline in earnings.
Hess Corporation is preparing to announce its first-quarter earnings later this month, and analysts are projecting a double-digit decline in its profitability.
Oil prices have fallen sharply, but long-term fundamentals remain solid. Discover why Exxon Mobil and Transocean could be smart buys during the dip.
Baker Hughes is expected to announce its first-quarter results this month, and analysts predict a double-digit growth in the company’s bottom-line figure.
EQT Corporation is expected to release its fiscal first-quarter earnings later this month, and analysts project a double-digit profit growth.
Halliburton is scheduled to report its first-quarter results this month, with analysts anticipating a double-digit decline in earnings.
The producer group agreed to boost output by 411,000 barrels per day in May, compared to a 135,000 bpd hike expected earlier.
Kinder Morgan is expected to reveal its first-quarter results later this month and analysts expect its earnings growth to remain flat.
Fitch Ratings said in a note that the tariffs are raising the dangers of an economic recession in much of the world.
The energy sector ETF has been consolidating between $80 and $100 since mid-2022 and is nearing key resistance, which could confirm a multi-year breakout.