SRE matches Q1 earnings estimates as strong infrastructure and Texas utility results help offset lower revenues and rising debt.
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SRE matches Q1 earnings estimates as strong infrastructure and Texas utility results help offset lower revenues and rising debt.
Shares in Exxon, Chevron, and Occidental Petroleum tumble on signs that the Trump administration is close to agreeing a peace deal.
Oil and gas producer Occidental Petroleum (NYSE:OXY) fell short of the market’s revenue expectations in Q1 CY2026, with sales falling 11% year on year to $5.11 billion. Its non-GAAP profit of $1.06 per share was 80.3% above analysts’ consensus estimates.
Energy stocks fell late Friday afternoon with the NYSE Energy Sector Index and the State Street Ener
Energy stocks were lower Friday afternoon, with the NYSE Energy Sector Index decreasing 1.5% and the