Last updated 2024-11-21 03:44:19 (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 tooltip

QoQ Growth Rate of Net Income-25.3%
YoY Growth Rate of Net Income-26.6%

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 0.61

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%
CNX
CNX Resources Corporation
Turn Losses into Profits206.5%
PBR
Petróleo Brasileiro S.A. - Petrobras
Turn Losses into Profits7.6%
PBR-A
Petróleo Brasileiro S.A. - Petrobras
Turn Losses into Profits7.6%
WDS
Woodside Energy Group Ltd
Turn Losses into Profits18.1%
PR
Permian Resources Corporation
301.9%750.4%
EQNR
Equinor ASA
271.3%-8.6%
RRC
Range Resources Corporation
229.4%2.5%
KNTK
Kinetik Holdings Inc.
175.9%94%
ENB
Enbridge Inc.
150.7%135.6%
SU
Suncor Energy Inc.
141.2%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%
TRGP
Targa Resources Corp.
83.4%76.1%
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%
YPF
YPF Sociedad Anónima
61.2%-98.4%
OXY
Occidental Petroleum Corporation
52.9%-29.9%
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%
CHX
ChampionX Corporation
22.9%-7.3%
AM
Antero Midstream Corporation
21.9%2%
ET
Energy Transfer LP
19.4%153.9%
PXD
Pioneer Natural Resources Company
16.6%-10.3%
WFRD
Weatherford International plc
3.4%27.6%
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%
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%
NOV
NOV Inc.
-12%14%
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
-27.3%14.1%
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
-41.7%10.7%
TTE
TotalEnergies SE
-42.9%-65.6%
VLO
Valero Energy Corporation
-46.4%-86.1%
IMO
Imperial Oil Limited
-48.7%-22.7%
E
Eni S.p.A.
-55.2%-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%
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%
NFG
National Fuel Gas Company
--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.

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