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Big Oil In Focus This Week (IYE)
October 29, 2014 at 09:00 AM EDT
U.S. equities have experienced several volatile trading sessions over the last few weeks, as global economic concerns and this season’s earnings results continue to weigh heavily on investors. So far, over 200 of the S&P 500 companies have reported their quarterly results, putting the benchmark on track to log in a 5.6% growth in earnings for the third quarter, well above the estimated 4.5% [see also ETF Spotlight: U.S. Market Neutral Anti-Beta Fund (BTAL)]. And while the next few days will see several big-name earnings reports, many will be turning their attention to the energy sector, as a handful of Big Oil companies post their quarterly results. Big Oil on Tap The following oil & gas firms will be reporting results within the next few days: Phillips 66 (PSX) is slated to post its results on Wednesday before the opening bell. Analyst expect PSX to report earnings of $1.75 per share and […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
U.S. equities have experienced several volatile trading sessions over the last few weeks, as global economic concerns and this season’s earnings results continue to weigh heavily on investors. So far, over 200 of the S&P 500 companies have reported their quarterly results, putting the benchmark on track to log in a 5.6% growth in earnings for the third quarter, well above the estimated 4.5% [see also ETF Spotlight: U.S. Market Neutral Anti-Beta Fund (BTAL)]. And while the next few days will see several big-name earnings reports, many will be turning their attention to the energy sector, as a handful of Big Oil companies post their quarterly results. Big Oil on Tap The following oil & gas firms will be reporting results within the next few days: Phillips 66 (PSX) is slated to post its results on Wednesday before the opening bell. Analyst expect PSX to report earnings of $1.75 per share and […]
