CNBC Stock Blog
- 10 Dividend Picks For Your Portfolio: Chief Investors
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Retail Earnings and Sales to Improve in Q4: Analyst
- 4 Food Stocks to Stuff in Your Portfolio: Analyst
- S&P at 1050-1200 Trading Range Next Year: Strategist
- Art Cashin: Caution 'Growing' in Financials, Dividend Moves
- 3 Software Stock Picks from Lazard's Senior Analyst
- Investors Bet on a New Year's Rally For eBay
- Why You Should Play the Reflation Trade: Stock Picker
MOST SHARED
- The Executive Job Search
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Where Do Pardoned Turkeys Go?
- Salvation Army's Kettles Now Credit Card-Ready
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
- Activision Prepares to Double Dip on ‘Modern Warfare 2’
- Black Friday: Bargain or Bust?
- Wal-Mart Price Pressure Hurts China Workers: Report
- Topless Business Is Taking Off
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
- China Overcapacity Worsening, EU Chamber Warns
- Investing in Good Karma – and Making a Profit
- UK Banks Must Disclose Top Pay: Review
- Black Friday to Avoid Red Ink; Greenback Gets the Blues
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Fed to Counsel Moviegoers on How to Use Credit Cards
- Where Do Pardoned Turkeys Go?
- US Mint to Suspend American Eagle Gold 1-Ounce Coins
RSS FEED
Text Size 
CNBC News Associate
ConocoPhillips reported a 71 percent decline in its quarterly profit, as weak demand for fuel hurt its refining business and oil prices fell. Other oil giants including Chevron and ExxonMobil are slated to announce results later on this week.
So what should investors expect? Tina Vital, integrated oil and gas equity analyst at Standard & Poor’s U.S. Equity Research, shared her outlook.
“While Chevron and Exxon will continue to see some pressure on the downstream in refining, it looks like their oil focus on the upstream...should do quite well,” Vital told CNBC.
“We think Chevron and Exxon will do well compared to the second quarter. Higher expectations for oil prices and expectations for increased production growth are driving these companies.”
CNBC Data Pages:
Vital said she sees several opportunities for investors in the energy sector and many of them are not trading near their book value because of uncertainty in the economy. She particularly likes the oil giants.
“They tend to be more insulated from commodity price risk as well as economic risk," she said.
"And they’re diversified around the world and various economies and also across businesses, such as the upstream and the downstream, and they’re able to join in on some of the very large projects that have lifespans of 20-30 years,” she explained.
Vital Likes:
ConocoPhillips [COP
Loading...
()
]
Exxon Mobil [XOM
Loading...
()
]
Chevron [CVX
Loading...
()
]
______________________________
More Market Intelligence:
3 Oil Services Stocks that Look Attractive: Expert
Gasoline Demand Outlook: The Schork Report
Is America Ready For a New 'Power Trip?'
______________________________
CNBC Slideshows:
______________________________
______________________________
Other Oil Earnings This Week:
Noble Energy [NE
Loading...
()
] (Thursday)
Royal Dutch Shell [RDS
Loading...
()
] (Thursday)
______________________________
Disclosure:
Vital does not own any of the shares mentioned above.
______________________________
Data is a real-time snapshot *Data is delayed at least 15 minutes