NYSE: COP), Exxon Mobil Corporation (NYSE: XOM), and Chevron Corp. (NYSE: CVX) this week. Solar is far from being a true energy sector of yet in the grand scheme of things when you see how little of the overall energy comes from it, but industry leader First Solar, Inc. (NASDAQ: FSLR) is on deck this week.
We have compiled the Thomson Reuters earnings estimates, shown price ranges and performance relevance and added in color on each where applicable. We have also added in the oil and gas ETF performance in the ProShares Ultra Oil & Gas (NYSE: DIG) for a comparison on how each has performed.
ConocoPhillips (NYSE: COP) reports its oil earnings Wednesday morning. Thomson Reuters has estimates for the oil giant of $1.45 EPS and $45.59 billion in revenues. Estimates for the quarter ahead are $1.36 EPS and $46.99 billion in revenues. With shares at $61.34, the stock just hit a new 52 week high of $61.88 on Friday and hit a new 52 week high on Monday of $62.63. The market cap here is $91.3 billion and the average analyst price target is $62.00. Shares are up more than 10% from the August lows......Read the entire article.