All 12 S&P 500 Energy stocks beat EPS estimates this week

Earnings
โดย Seeking Alpha·US·Read original
Summary · why it matters

All 12 S&P 500 energy companies that reported earnings this week beat Wall Street's EPS estimates, while nine topped revenue expectations and three missed. Occidental Petroleum posted EPS of $2.40, beating by $0.55, and revenue of $8.33 billion, exceeding forecasts by $1.08 billion. ConocoPhillips reported EPS of $3.24, a $0.30 beat, on revenue of $19.52 billion that missed estimates. Devon Energy delivered EPS of $1.57, beating by $0.16, with revenue of $7.42 billion surpassing expectations by $1.49 billion. ONEOK's EPS of $1.53 beat by $0.13 on revenue of $12.05 billion, a $3.10 billion beat, prompting raised full-year 2026 guidance. Phillips 66 posted EPS of $9.41, a $1.91 beat, on revenue of $52.04 billion, exceeding estimates by $8.00 billion. EOG Resources reported EPS of $5.07, beating by $0.10, with revenue of $8.62 billion topping expectations by $821.75 million. The sector's strong cash flows, disciplined spending, and shareholder returns continued to support performance, with the State Street Energy Select Sector SPDR ETF gaining 28.27% year-to-date, outpacing the broader S&P 500's 12.63% return.

Impact on stocks 12

Energy · 8 stocks
ConocoPhillips
COP
▲ PositiveCapitalrelevance

ConocoPhillips beat EPS estimates but missed revenue, indicating strong earnings performance.

EOG Resources Inc
EOG
▲ PositiveCapitalrelevance

EOG Resources beat EPS and revenue estimates, reflecting solid operational performance.

ONEOK Inc
OKE
▲ PositiveCapitalrelevance

ONEOK beat EPS and revenue estimates and raised full-year 2026 guidance, signaling positive outlook.

Synthetic Biology (non-pharma) · 2 stocks
Phillips 66
PSX
▲ PositiveCapitalrelevance

Phillips 66 beat EPS and revenue estimates significantly.

Carbon Removal (DAC) · 1 stocks
Energy Transition & Power Demand · 1 stocks