Can Less Diversified Energy Companies Replicate Big Oil’s Success? ...Middle East

OILPRICE - Economy
Can Less Diversified Energy Companies Replicate Big Oil’s Success?
source : OILPRICE ( Middle East ) () 48
Earnings season for corporate America is well underway, with nearly 60% of S&P 500 companies having returned their Q2 2022 scorecards. While a good 73% of S&P 500 companies have reported a positive EPS surprise while 66%  have exceeded revenue expectations, it's the energy sector that is once again hogging the limelight, with records being set right, left and center. According to the latest earnings insights by FactSet, the positive EPS surprises reported by Chevron (NYSE: CVX) ($5.82 vs. $5.08), Exxon Mobil (NYSE: XOM)($4.14 vs. $3.94),…

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