Commodity Earnings This Week: Big Oil Under the Mircroscope

By Commodity HQ  OCT 28, 2013 10:05 AM

This week sees Big Oil step up to the plate, with some of the biggest names in the industry -- including BP, Exxon, and Chevron -- reporting.

 


As earnings season gets into full swing, Wall Street’s attention will be fixated on the results of the most recent quarter. This week sees big oil step up to the plate, with some of the biggest names in the industry reporting on how they fared over the past three months. Below, we preview some of the most significant commodity earnings from the week ahead, helping investors prepare for what will ultimately be an active five day stretch for markets:

Two Sides to Every Report

As always, investors must keep in mind that guidance can be equally as important (if not more so) than the numbers reported. As evidenced by McDonald’s (NYSE:MCD) last week, which beat EPS and revenue estimates but gave a weak outlook, leading to falling share prices. Keep your eye on both facets of each report in order to properly react and dissect each release.

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Editor's note: This article by Jared Cummans was originally published on Commodity HQ.
No positions in stocks mentioned.