Crude oil prices just had their worst quarter of 2015. WTI oil fell 25% in the third quarter, while Brent oil dropped 25.4%.
That means this upcoming round of oil company earnings could be the most dismal yet.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil prices just had their worst quarter of 2015. WTI oil fell 25% in the third quarter, while Brent oil dropped 25.4%.
That means this upcoming round of oil company earnings could be the most dismal yet.
Here are the four biggest earnings reports to focus on this week...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil prices just had their worst quarter of 2015. WTI oil fell 25% in the third quarter, while Brent oil dropped 25.4%.
That means this upcoming round of oil company earnings could be the most dismal yet.
Here are the four biggest earnings reports to focus on this week...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Last week's earnings for Big Oil stocks were a mixed bag.
The six Big Oil companies - BP, Exxon Mobil, Royal Dutch Shell, Total SA, and Chevron - all followed a similar pattern.
Here's how they performed last quarter - and how we think they'll perform the rest of the year...