Commodity Earnings This Week: Oil, Potash, Gold, and More
As we enter the final stretch of earnings season, investors are beginning to make up their minds on where they think the economy is headed. We have seen a number of big wins as well as some big losses with a fair amount of companies warning of a subdued Q4 reflecting the impact of the U.S. government shutdown. Below, we outline some of the biggest commodity earnings set for this week [for more commodity news and analysis subscribe to our free newsletter].
Commodity Earnings Recap: ADM, MRO, DVN
With the second quarter earnings season winding down, there are only a handful of companies left to report their results. Last week, oil and gas giants Chesapeake Energy Corp (CHK) and ConocoPhillips (COP) managed to beat analyst expectations, even after both companies reported declines in earnings and revenues, respectively. Exxon Mobil (XOM), however, reported a 57% decline in earnings, though revenues managed to top estimates [for more commodity news and analysis subscribe to our free newsletter].
Major Commodity Earnings This Week: ADM, DVN, TNH
As we enter the latter part of earnings season, investors and analysts have had plenty of major reports to digest. Thus far, it seems to have been a mixed bag of results with a number of high-profile beats and misses. Reports from commodity firms have been especially under scrutiny as many worry that China’s plateauing growth will send commodity prices into the gutter. Below, we outline some of the biggest commodity firms reporting earnings this week [for more commodity news and analysis subscribe to our free newsletter].
How Natural Gas Could Save The Environment (And Your Portfolio)
Since the industrial revolution, growing economies around the world have turned to fossil fuels for a relatively cheap power source. This dependence on non-renewable resources has only increased in the past few decades, but so have the environmental arguments against them. One of the biggest arguments against burning fossil fuels is the harmful emissions that come as a side effect. But while many lump all fossil fuels together as being “dirty” energy sources, one stands out from the rest: natural gas [for more energy news and analysis subscribe to our free newsletter].
3 Commodity Investments To Profit From Population Growth
One of the most talked-about global trends in recent years has been the rapid growth in population. As emerging markets around the world enter periods of robust growth, their populations have also been on the rise. Though a growing worldwide population will certainly cause a number of issues, it will also present commodity investors with a fair amount of opportunities, as some hard assets represent a great way to profit from the current trend [for more commodity news and analysis subscribe to our free newsletter].
Company Profile: Devon Energy Corp.
The oil and gas exploration and production sector has significantly expanded over the past couple years, both domestically and around the world. With the advent of horizontal drilling and hydraulic fracturing, the U.S. is poised to overtake Saudi Arabia to become the world’s biggest oil producer before 2020, according to a new forecast by the International Energy Agency. Several oil and gas exploration and production companies are well positioned within the newly booming domestic industry [for more energy news and analysis subscribe to our free newsletter].
The Ultimate Guide To Natural Gas Investing
Natural gas is a gas that consists primarily of methane and is widely used as an energy source around the world. The natural resource is important for the creation of fertilizers, and is now used to power a wide variety of applications including automobiles. Supplies of natural gas are concentrated in a few regions of the world, and the fuel has historically been the source of political disputes in Eastern Europe and the Middle East as well as in the U.S. The place of natural gas in the domestic energy equation has been widely discussed in recent years, with many advocating for increased adoption as an alternative to crude oil products [see also The Guide To The Biggest Companies In Every Major Commodity Sector].
