2 Energy Stocks Poised to Outshine Q4 Earnings Estimates

Oil energy companies will start reporting fourth-quarter earnings this week. As the oil pricing scenario was favorable, better-than-expected earnings are anticipated from energy majors like Exxon Mobil Corporation (XOM) . Additionally, a stable midstream business may have supported Phillips 66 (PSX) .Oil Price ImpressiveThe pricing scenario of oil was remarkable in the fourth quarter of 2023. Per data provided by the U.S. Energy Information Administration, the average West Texas Intermediate spot crude pric ...