What To Expect For Q3 Energy Earnings ...Middle East

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What To Expect For Q3 Energy Earnings
]The energy sector has enjoyed bumper profits in the current year, with Big Oil companies setting records right, left and center. ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX) and Shell (NYSE: SHEL) together brought in $46 billion in earnings in the second quarter, with all three setting new records for quarterly earnings. However, the outlook going forward is not quite as rosy. It’s early innings into the earnings season, with just 7% of S&P 500 companies having reported third-quarter 2022 earnings. Unlike the first two quarters of the…

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