July 25, 2024

Big Oil Earnings: A Mixed Forecast Despite Energy Strength

Energy stocks have been a bright spot in an otherwise turbulent market, yet Wall Street is tempering expectations for the upcoming earnings releases from giants like Chevron and ExxonMobil. While oil prices have been on a generally upward trajectory, analysts point out that factors like depressed natural gas prices and lower refining margins are likely Big Oil Earnings: A Mixed Forecast Despite Energy Strength

The post Big Oil Earnings: A Mixed Forecast Despite Energy Strength appeared first on ImaStockTrader.

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