A Look at Oil and Gas Supermajors Before Earnings
Oil and gas supermajors Chevron (NYSE:CVX), and Exxon Mobil (NYSE:XOM) will report earnings before the markets open tomorrow, and BP (NYSE:BP) will follow up on Tuesday. In order to get ahead of the rush, here’s a snapshot of where the companies stand heading into earnings, and what analysts are expecting from them.
Here’s a rundown of past revenue and expected revenue for the three companies:
|Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31 2012*|
Oil and gas companies are heading into 2013 with expectations for global demand to increase 1 percent over 2012. Price prospects are also currently on solid footing, with Brent at about $115 per barrel and WTI at $97 per barrel…