Energy - Quarterly Net Income Analysis

Last updated 2024-12-21 20:03:24 (EST)

Quarterly Net Income Trend Analysis

Overall Quarterly Net Income Growth Trend of Energy Sector Companies.

Trend Chart of Adjusted Quarterly Net Income vs. Stock Price Trend Chart for Energy Sector ETF (XLE)

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Seasonally Adjusted Quarterly Net Income Growth Rate


QoQ Growth Rate of Net Income	-27.3%
YoY Growth Rate of Net Income	-25.8%

Correlation Analysis between Quarterly Revenue and Stock Price

Determine the correlation between the stock price of the Energy Sector ETF (XLE) and the seasonally adjusted overall quarterly net income of Energy sector companies. If there is a moderate to high correlation, the overall seasonally adjusted quarterly revenue can be used to estimate whether the stock price is reasonable.

Scatter Plot of Energy Seasonally Adjusted Quarterly Net Income vs. Stock Price for Energy Sector

Energy Seasonally Adjusted Quarterly Net Income and stock price of Energy Sector show a Moderately Correlation. The higher the correlation, the greater the reference value.

The Coefficient of Determination
between Energy Seasonally Adjusted Quarterly Net Income and Stock Price

Moderately Correlation 0.6

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Related Stocks

Related Energy sector stocks, along with their quarterly revenue growth rates (QoQ and YoY).

Ticker	Name	QoQ Growth Rate of Seasonally Adjusted Quarterly Revenue	YoY Growth Rate of Seasonally Adjusted Quarterly Revenue
BP	BP p.l.c.	Turn Losses into Profits	-95.8%
PBR	Petróleo Brasileiro S.A. - Petrobras	Turn Losses into Profits	7.6%
PBR-A	Petróleo Brasileiro S.A. - Petrobras	Turn Losses into Profits	7.6%
PR	Permian Resources Corporation	301.9%	750.4%
EQNR	Equinor ASA	271.3%	-8.6%
RRC	Range Resources Corporation	229.4%	2.5%
SU	Suncor Energy Inc.	141.6%	30.8%
TRP	TC Energy Corporation	135%	Turn Loss into Profit
ENPH	Enphase Energy, Inc.	124.6%	-59.8%
WMB	The Williams Companies, Inc.	97.7%	8%
YPF	YPF Sociedad Anónima	89.8%	-98.4%
TRGP	Targa Resources Corp.	83.4%	76.1%
OXY	Occidental Petroleum Corporation	79.7%	-17.6%
ENB	Enbridge Inc.	72.4%	124%
FTI	TechnipFMC plc	68.9%	205.1%
TS	Tenaris S.A.	66.9%	-16.6%
CQP	Cheniere Energy Partners, L.P.	61.4%	-19.7%
CTRA	Coterra Energy Inc.	48.9%	-22%
EC	Ecopetrol S.A.	48.8%	-28.3%
HESM	Hess Midstream LP	32.1%	66%
SHEL	Shell plc	31.8%	-39.1%
LNG	Cheniere Energy, Inc.	30.4%	-47.5%
CNQ	Canadian Natural Resources Limited	29%	-3.3%
AM	Antero Midstream Corporation	21.9%	2%
ET	Energy Transfer LP	19.4%	153.9%
PXD	Pioneer Natural Resources Company	16.6%	-10.3%
CVE	Cenovus Energy Inc.	2.8%	-56%
COP	ConocoPhillips	2.4%	-26.4%
EOG	EOG Resources, Inc.	-1%	-17.6%
EPD	Enterprise Products Partners L.P.	-5.2%	7.5%
WDS	Woodside Energy Group Ltd	-5.6%	11.3%
KMI	Kinder Morgan, Inc.	-6.9%	17.5%
MTDR	Matador Resources Company	-7.2%	-5.9%
FANG	Diamondback Energy, Inc.	-7.3%	-28%
MMP	Magellan Midstream Partners, L.P.	-7.9%	31.3%
OVV	Ovintiv Inc.	-10.6%	24.9%
EP-PC	El Paso Energy Capital Trust I PFD CV TR SECS	-11.1%	4.7%
DTM	DT Midstream, Inc.	-19.6%	-3.3%
TPL	Texas Pacific Land Corporation	-19.7%	1%
SLB	Schlumberger Limited	-20.7%	5.6%
WES	Western Midstream Partners, LP	-22.6%	4%
XOM	Exxon Mobil Corporation	-23.4%	-5.1%
OKE	ONEOK, Inc.	-24.8%	52.6%
MPLX	MPLX LP	-28%	13%
MRO	Marathon Oil Corporation	-30.2%	-36.6%
COG	Cabot Oil & Gas Corporation	-32.5%	0.3%
CVX	Chevron Corporation	-35%	-31.2%
VNOM	Viper Energy Partners LP	-36.5%	-37.8%
DVN	Devon Energy Corporation	-36.6%	-10.8%
PAA	Plains All American Pipeline, L.P.	-40.7%	8.4%
PBA	Pembina Pipeline Corporation	-42.3%	10.7%
TTE	TotalEnergies SE	-42.9%	-65.6%
VLO	Valero Energy Corporation	-46.4%	-86.1%
IMO	Imperial Oil Limited	-49%	-22.7%
E	Eni S.p.A.	-55.4%	-72.8%
HES	Hess Corporation	-58%	-1.2%
BKR	Baker Hughes Company	-59.2%	47.9%
MPC	Marathon Petroleum Corporation	-59.9%	-81%
CHRD	Chord Energy Corporation	-59.9%	7.8%
ENBA	Enbridge Inc. 6.375 SNT18 B 78	-59.9%	-36.4%
DCP	DCP Midstream, LP	-60.6%	-75.5%
FSLR	First Solar, Inc.	-62.5%	16.6%
HAL	Halliburton Company	-67.7%	-20.3%
PSX	Phillips 66	-73.9%	-83.5%
ENLC	EnLink Midstream, LLC	-75%	-52.5%
CCJ	Cameco Corporation	-75.9%	-95%
SUN	Sunoco LP	-99.6%	-99.2%
APA	APA Corporation	-100%	-100%
CHK	Chesapeake Energy Corporation	-100%	-100%
CHKEL	Chesapeake Energy Corporation	-100%	-100%
CHKEW	Chesapeake Energy Corporation	-100%	-100%
CHKEZ	Chesapeake Energy Corporation	-100%	-100%
DINO	HF Sinclair Corporation	-100%	-100%
EQT	EQT Corporation	-100%	-100%
HFC	HF Sinclair Corporation	-100%	-100%
AR	Antero Resources Corporation	-	-100%
EXE	Expand Energy Corporation	-	-100%
SWN	Southwestern Energy Company	-	-100%
CEO	CNOOC Limited	-	-

Disclaimer

1. The information provided is for reference only and does not constitute any guarantee of profits or specific stock and price point recommendations.

2. The information is not complete; for comprehensive data, please refer to the relevant websites.

3. All stock market data analyses are subject to survivorship bias.