U.S. markets close in 4 hours 44 minutes
  • S&P 500

    4,360.85
    +34.34 (+0.79%)
     
  • Dow 30

    34,200.06
    +39.28 (+0.11%)
     
  • Nasdaq

    13,555.99
    +203.21 (+1.52%)
     
  • Russell 2000

    1,918.29
    -13.00 (-0.67%)
     
  • Crude Oil

    87.60
    +0.99 (+1.14%)
     
  • Gold

    1,784.10
    -10.90 (-0.61%)
     
  • Silver

    22.34
    -0.34 (-1.48%)
     
  • EUR/USD

    1.1167
    +0.0020 (+0.18%)
     
  • 10-Yr Bond

    1.7870
    -0.0200 (-1.11%)
     
  • GBP/USD

    1.3416
    +0.0035 (+0.26%)
     
  • USD/JPY

    115.1900
    -0.1120 (-0.10%)
     
  • BTC-USD

    37,267.93
    +690.30 (+1.89%)
     
  • CMC Crypto 200

    845.42
    +2.97 (+0.35%)
     
  • FTSE 100

    7,446.76
    -107.55 (-1.42%)
     
  • Nikkei 225

    26,717.34
    +547.04 (+2.09%)
     

5 Top Oil Stock Earnings Charts

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·2 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • NG=F
  • CL=F
  • OXY
  • EOG
  • MGY

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 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 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 PXD 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 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 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?


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
ConocoPhillips (COP) : Free Stock Analysis Report
 
Occidental Petroleum Corporation (OXY) : Free Stock Analysis Report
 
Pioneer Natural Resources Company (PXD) : Free Stock Analysis Report
 
EOG Resources, Inc. (EOG) : Free Stock Analysis Report
 
Magnolia Oil & Gas Corp (MGY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research