3 Energy Stocks to Consider Ahead of Earnings

Many investors wouldn’t know it, but this earnings season has actually been pretty good. We’ve heard from big tech, financials and a number of industrials so far. There are still plenty of names left to report though — energy stocks included. While the market is trying to end the month on a high note, it has been a tough run as of late. After all, the S&P 500 neared its low point for the year on Monday. It has got a lot of investors cautious as we tip-toe through the remainder of what’s left on the earnings calendar. So how should you approach these reports? Let’s take a closer look at a few energy stocks as we near earnings...

All three companies will report earnings before the open on Friday, with Exxon Mobil (NYSE:XOM) and its $333 billion market cap being the largest of them all. Chevron (NYSE:CVX) has a similar story to XOM, with shares getting hammered this month as well. Duke Energy (NYSE:DUK) is another big payer, yielding 4.5%, that reports Friday morning. Although much smaller than the behemoths above, this name has been trading pretty well. If not for earnings being on deck, it could set up as a great trade given the charts.

Source: InvestorPlace

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