Energy - Quarterly Revenue Analysis

Last updated 2024-11-21 03:44:19 (EST)

Quarterly Revenue Trend Analysis

Overall Quarterly Revenue Growth Trend of Energy Sector Companies.

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

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Seasonally Adjusted Quarterly Revenue Growth Rate


QoQ Growth Rate of Revenue	-3.1%
YoY Growth Rate of Revenue	-4.9%

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 revenue 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 Seasonally Adjusted Quarterly Revenue vs. Stock Price for Energy Sector

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

The Coefficient of Determination
between Seasonally Adjusted Quarterly Revenue and Stock Price

Moderately Correlation 0.67

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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
ENB	Enbridge Inc.	36.2%	51.2%
NFG	National Fuel Gas Company	26.2%	0.8%
EQT	EQT Corporation	24.8%	20.7%
CCJ	Cameco Corporation	19%	25.3%
ENPH	Enphase Energy, Inc.	19%	-30.9%
LNG	Cheniere Energy, Inc.	17.6%	-9.5%
EXE	Expand Energy Corporation	14.5%	-57.3%
CQP	Cheniere Energy Partners, L.P.	10.1%	-3.4%
MMP	Magellan Midstream Partners, L.P.	8.8%	11.2%
MPLX	MPLX LP	8%	2.1%
CNQ	Canadian Natural Resources Limited	7.4%	-11.6%
FANG	Diamondback Energy, Inc.	5.1%	13%
CTRA	Coterra Energy Inc.	4.1%	0.2%
BP	BP p.l.c.	3.9%	-11.3%
YPF	YPF Sociedad Anónima	3.2%	-99.3%
EC	Ecopetrol S.A.	2.7%	-1.5%
WMB	The Williams Companies, Inc.	2.7%	3.7%
RRC	Range Resources Corporation	2.3%	-0.6%
HESM	Hess Midstream LP	2.3%	4.8%
PBA	Pembina Pipeline Corporation	1.5%	-19.5%
ENBA	Enbridge Inc. 6.375 SNT18 B 78	1.5%	-14.9%
CNX	CNX Resources Corporation	0.8%	10.8%
OXY	Occidental Petroleum Corporation	0.2%	0.2%
SU	Suncor Energy Inc.	0.1%	-
TRGP	Targa Resources Corp.	-0.7%	-1.1%
EPD	Enterprise Products Partners L.P.	-0.7%	14.8%
PXD	Pioneer Natural Resources Company	-1.1%	6.7%
DTM	DT Midstream, Inc.	-1.4%	6%
MRO	Marathon Oil Corporation	-1.6%	1.1%
ENLC	EnLink Midstream, LLC	-1.8%	-7.9%
ET	Energy Transfer LP	-1.9%	0.2%
NOV	NOV Inc.	-1.9%	0.3%
FTI	TechnipFMC plc	-2.4%	14.2%
XOM	Exxon Mobil Corporation	-2.5%	-0.6%
SLB	Schlumberger Limited	-2.6%	10.2%
WES	Western Midstream Partners, LP	-2.8%	13.8%
KMI	Kinder Morgan, Inc.	-3%	-5.3%
AM	Antero Midstream Corporation	-3.1%	2.1%
WFRD	Weatherford International plc	-3.1%	7.3%
HAL	Halliburton Company	-3.3%	-1.8%
OKE	ONEOK, Inc.	-3.4%	19.9%
CHRD	Chord Energy Corporation	-3.5%	29.1%
KNTK	Kinetik Holdings Inc.	-3.5%	20%
WDS	Woodside Energy Group Ltd	-3.7%	3.2%
PAA	Plains All American Pipeline, L.P.	-3.7%	5.6%
TRP	TC Energy Corporation	-3.8%	3.6%
AR	Antero Resources Corporation	-4.1%	-0.6%
EOG	EOG Resources, Inc.	-4.5%	-2.3%
PBR	Petróleo Brasileiro S.A. - Petrobras	-5.1%	-6.9%
APA	APA Corporation	-5.5%	9.7%
SHEL	Shell plc	-5.6%	-6.9%
TTE	TotalEnergies SE	-5.7%	-12.8%
VLO	Valero Energy Corporation	-6%	-14.4%
EQNR	Equinor ASA	-6%	-2%
PR	Permian Resources Corporation	-6.1%	60.3%
CVX	Chevron Corporation	-6.1%	-5.8%
HES	Hess Corporation	-6.2%	14%
PBR-A	Petróleo Brasileiro S.A. - Petrobras	-6.7%	-8.6%
CHX	ChampionX Corporation	-6.9%	-3.5%
COP	ConocoPhillips	-6.9%	-4.5%
TS	Tenaris S.A.	-7%	-10%
IMO	Imperial Oil Limited	-7%	-9.8%
CVE	Cenovus Energy Inc.	-7.1%	-9.3%
MPC	Marathon Petroleum Corporation	-7.5%	-13.8%
TPL	Texas Pacific Land Corporation	-8.4%	9.9%
PSX	Phillips 66	-10.2%	-10.4%
DINO	HF Sinclair Corporation	-10.7%	-19.1%
HFC	HF Sinclair Corporation	-10.7%	-19.1%
MTDR	Matador Resources Company	-11.1%	16.5%
BKR	Baker Hughes Company	-11.1%	4%
OVV	Ovintiv Inc.	-11.2%	-12.3%
SWN	Southwestern Energy Company	-11.3%	-14.7%
VNOM	Viper Energy Partners LP	-12.1%	-29%
SUN	Sunoco LP	-12.9%	-14.2%
E	Eni S.p.A.	-14.8%	-7.4%
EP-PC	El Paso Energy Capital Trust I PFD CV TR SECS	-16.1%	-5.3%
DVN	Devon Energy Corporation	-16.6%	-2.6%
COG	Cabot Oil & Gas Corporation	-16.8%	-2.3%
DCP	DCP Midstream, LP	-23.9%	-56.9%
FSLR	First Solar, Inc.	-26.8%	10.8%
CHK	Chesapeake Energy Corporation	-40.1%	-63.8%
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.