Large-Cap Oil Earnings: What to Watch

Keeping at eye on these earnings: 

Today (Monday): Halliburton (HAL)

Wednesday: Hess (HES)

Thursday: ConocoPhillips (COP)

Friday: Exxon, Chevron

Of these, should note that two (COP, HES) have actually seen some boost from increased oil prices. Both up 20% so far this year. 

Share this post


Link to post
Share on other sites

$HAL Net income for Q1--finally, compared to loss in Q1 2017. Still, it's trading down on the day. They hit analyst forecasts, so not sure why the fall here.

Share this post


Link to post
Share on other sites

Most of them are trading down despite good fundamentals. Technicals looks pretty good for oil prices, too. But some analysts saying that a strong open today would signal higher prices for the week, while weak open would signal short-term price retracement back to the $66.70 per barrel support level. So still not so sure how much the earnings are going to affect these stocks. I would think HAL would shine but nothing is as it seems, and HES and COP have been the best performers. 

 

Share this post


Link to post
Share on other sites

I'll skip HAL, but definitely watching HES and COP, but HES has my real attention. 

Screen Shot 2018-04-23 at 2.15.35 PM.png

Screen Shot 2018-04-23 at 2.15.47 PM.png

Share this post


Link to post
Share on other sites

sure is nice to talk about REAL fundamentals ... 

but it's not helping HAL stock any: 

 

Screen Shot 2018-04-24 at 12.41.14 PM.png

Share this post


Link to post
Share on other sites

It seems that investors are not too happy with the oil industry's long-term prospects despite the robust results and result projections. 

Share this post


Link to post
Share on other sites

Hess Q1 financials in today. Smaller than forecasted loss, stock up 1.72% on the day.

Share this post


Link to post
Share on other sites

will be watching HES closely ... stay tuned

Share this post


Link to post
Share on other sites

Chevron looking good. Upbeat earnings report. (unlike Exxon)

 

Screen Shot 2018-04-27 at 1.58.18 PM.png

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0