Commodity Earnings on Tap: Energy All Around (BP, CMI, MRO)
As we enter the latter part of earnings season, investors have already gotten a taste of how the final three months of 2013 fared for the Street. Thus far, it seems that there have been more earnings misses or disappointing guidance given than major wins or rosy outlooks. This week will keep energy firms in the spotlight with a few key European-based firms reporting, as well as one major agribusiness entity [for more commodity news and analysis subscribe to our free newsletter]:
2 Commodity Stocks to Sell on the Next Pop: KMP, SLW
Much to the bears’ frustration, major U.S. equity indexes are refusing to make way for profit taking pressures even as earnings season continues full steam ahead. The S&P 500 Index continues to inch further into uncharted territory, although over the past two weeks it has failed to continue its impressive streak of posting new highs, leading many to speculate about what headwinds could spark the next steep correction on Wall Street [for more commodity futures news and analysis subscribe to our free newsletter].
Commodity Earnings This Week: MLPs in Focus
As we near the end of earnings season there are still a few firms that have yet to disclose the results of their most recent fiscal quarter. Thus far, the season has been somewhat mixed; there have been some big misses and some big wins that have caught the Street’s attention. The coming week will see the energy space heat up, with a number of smaller MLPs slated to report in the coming five days [for more commodity news and analysis subscribe to our free newsletter].
Warren Buffett’s Commodity Stock Picks
Warren Buffett–the Oracle of Omaha–is one of the world’s most renowned investors, heralded for his simple yet effective valuation methods. As such, followers of the legendary investor pay close attention to when Buffett places big bets, and they hope that by following his stock picks, they will cash in on Buffett’s guru-like instincts [for more commodity stock news and analysis subscribe to our free newsletter].
Major Commodity Earnings This Week: Big Oil On Tap
As earnings season draws to a close, the commodity world will see, arguably, its most publicized week. The next five days will feature earnings from some of the biggest oil firms in the world, with a few other companies sprinkled in. Investors will be especially keen to see how the recent spike in oil prices has impacted these major producers. Below, we outline some of the most prominent commodity firms slated to report earnings this week [for more commodity news and analysis subscribe to our free newsletter].