Imperial Oil (IMO) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $1.71 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +9.03%. A quarter ago, it was expected that this oil and gas and petroleum products company would post earnings of $1.22 per share when it actually produced earnings of $1.34, delivering a surprise of +9.84%.Over the l ...

Cenovus Energy (CVE) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.4 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +30.00%. A quarter ago, it was expected that this oil company would post earnings of $0.14 per share when it actually produced earnings of $0.33, delivering a surprise of +135.71%.Over the last four quarters, the comp ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Imperial Oil (IMO) . This company, which is in the Zacks Oil and Gas - Integrated - Canadian industry, shows potential for another earnings beat.This oil and gas and petroleum products company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an ave ...

Core Insights - Imperial Oil (IMO) has shown strong stock performance, increasing by 8.8% over the past month and reaching a 52-week high of $92.33, with a year-to-date gain of 47.6% compared to the Zacks Oils-Energy sector's 4.3% and the Zacks Oil and Gas - Integrated - Canadian industry's 14.6% [1] Financial Performance - The company has consistently exceeded earnings expectations, reporting an EPS of $1.34 against a consensus estimate of $1.22 in its last earnings report on August 1, 2025, although it missed revenue estimates by 23.02% [2] - For the current fiscal year, Imperial Oil is projected to achieve earnings of $5.7 per share on revenues of $38.87 billion, reflecting a -13.51% change in EPS and a 3.32% change in revenues. For the next fiscal year, expected earnings are $5.39 per share on revenues of $42.51 billion, indicating a year-over-year change of -5.44% in EPS and 9.35% in revenues [3] Valuation Metrics - The stock trades at 15.9 times current fiscal year EPS estimates, which is above the peer industry average of 15.2 times. On a trailing cash flow basis, it trades at 9.4 times compared to the peer group's average of 7.3 times, positioning Imperial Oil favorably for value investors [7] - The company holds a Value Score of A, with Growth and Momentum Scores of C, resulting in a VGM Score of B, indicating a solid value proposition [6][5] Zacks Rank - Imperial Oil has a Zacks Rank of 2 (Buy), supported by rising earnings estimates, aligning with investment strategies that favor stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, suggesting potential for further gains in the near future [8]

Group 1: Earnings Performance - Suncor Energy reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, but down from $0.93 per share a year ago, representing an earnings surprise of +2.00% [1] - The company posted revenues of $8.6 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 11.28%, compared to year-ago revenues of $9.53 billion [2] - Over the last four quarters, Suncor Energy has consistently surpassed consensus EPS estimates [2] Group 2: Stock Performance and Outlook - Suncor Energy shares have increased approximately 9.3% since the beginning of the year, outperforming the S&P 500's gain of 7.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.65 on revenues of $8.16 billion, and for the current fiscal year, it is $2.84 on revenues of $32.81 billion [7] - The estimate revisions trend for Suncor Energy was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Group 3: Industry Context - The Oil and Gas - Integrated - Canadian industry, to which Suncor Energy belongs, is currently ranked in the top 41% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Core Viewpoint - Imperial Oil reported quarterly earnings of $1.34 per share, exceeding the Zacks Consensus Estimate of $1.22 per share, but down from $1.54 per share a year ago, indicating a +9.84% earnings surprise [1] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates for the last four quarters [2] - Imperial Oil's revenues for the quarter ended June 2025 were $8.12 billion, missing the Zacks Consensus Estimate by 23.02%, and down from $9.78 billion year-over-year [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] Group 2: Stock Performance - Imperial Oil shares have increased approximately 35.5% since the beginning of the year, compared to the S&P 500's gain of 7.8% [3] - The stock's immediate price movement will depend on management's commentary during the earnings call [3] Group 3: Future Outlook - The current consensus EPS estimate for the upcoming quarter is $1.24 on revenues of $10.2 billion, and for the current fiscal year, it is $5.57 on revenues of $37.93 billion [7] - The Zacks Industry Rank for Oil and Gas - Integrated - Canadian is in the top 40% of over 250 Zacks industries, indicating a favorable outlook [8] Group 4: Competitor Insights - Suncor Energy, a competitor in the same industry, is expected to report quarterly earnings of $0.50 per share, reflecting a year-over-year decline of -46.2% [9] - Suncor Energy's anticipated revenues are $7.65 billion, down 19.7% from the previous year [10]

Core Insights - Cenovus Energy reported quarterly earnings of $0.33 per share, exceeding the Zacks Consensus Estimate of $0.14 per share, but down from $0.39 per share a year ago, representing an earnings surprise of +135.71% [1] - The company posted revenues of $8.9 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.49% and down from $10.88 billion year-over-year [2] - Cenovus shares have underperformed the market, losing about 0.5% since the beginning of the year compared to the S&P 500's gain of 8.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.30 on revenues of $9.38 billion, and for the current fiscal year, it is $1.01 on revenues of $36.08 billion [7] - The estimate revisions trend for Cenovus was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Oil and Gas - Integrated - Canadian industry is currently in the top 39% of Zacks industries, suggesting that companies in the top 50% outperform those in the bottom 50% by a factor of more than 2 to 1 [8] - Another company in the same industry, Imperial Oil, is expected to report quarterly earnings of $1.22 per share, reflecting a year-over-year change of -20.8%, with revenues projected at $10.54 billion, up 7.8% from the previous year [9][10]

Group 1 - The stock of Cenovus Energy Inc. (CVE) is experiencing significant attention due to high implied volatility in the options market, particularly for the Jan 16, 2025 $35.00 Call option [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant change in Cenovus Energy's stock price, potentially due to an upcoming event [2] - Cenovus Energy currently holds a Zacks Rank 3 (Hold) in the Oil and Gas - Integrated - Canadian Industry, which is in the top 40% of the Zacks Industry Rank, but analysts have not increased their earnings estimates for the current quarter, leading to a downward revision of the consensus estimate from 24 cents to 20 cents [3] Group 2 - The high implied volatility surrounding Cenovus Energy may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4]

Group 1: Stock Performance - Cenovus Energy (CVE) closed at $14.83, with a +2.84% change from the previous day, outperforming the S&P 500's daily loss of 1.13% [1] - The stock has increased by 5.72% over the past month, surpassing the Oils-Energy sector's gain of 5.03% and the S&P 500's gain of 3.55% [1] Group 2: Earnings Estimates - The upcoming earnings per share (EPS) for Cenovus Energy is projected to be $0.2, reflecting a 48.72% decrease from the same quarter last year [2] - Revenue is estimated to be $9.21 billion, indicating a 15.35% decline compared to the corresponding quarter of the prior year [2] - Full-year Zacks Consensus Estimates forecast earnings of $0.98 per share and revenue of $35.98 billion, representing year-over-year changes of -19.67% and -9.27%, respectively [3] Group 3: Analyst Ratings and Valuation - Cenovus Energy currently holds a Zacks Rank of 5 (Strong Sell), with a 20.53% decrease in the Zacks Consensus EPS estimate over the last 30 days [5] - The company has a Forward P/E ratio of 14.75, which is a premium compared to the industry average Forward P/E of 14.4 [6] - The Oil and Gas - Integrated - Canadian industry ranks in the bottom 5% of all industries, with a current Zacks Industry Rank of 234 [6]

Group 1: Company Performance - Flotek Industries (FTK) has gained approximately 59% year-to-date, significantly outperforming the average return of -0.6% for the Oils-Energy sector [4] - The Zacks Consensus Estimate for FTK's full-year earnings has increased by 22.1% over the past quarter, indicating improving analyst sentiment and a positive earnings outlook [3] - Flotek Industries is ranked 1 (Strong Buy) in the Zacks Rank system, suggesting strong potential for future performance [3] Group 2: Industry Context - Flotek Industries is part of the Oil and Gas - Field Services industry, which consists of 23 companies and currently ranks 134 in the Zacks Industry Rank [5] - The average return for the Oil and Gas - Field Services industry has been a loss of 9.6% year-to-date, highlighting Flotek's superior performance within its industry [5] - Another outperforming stock in the Oils-Energy sector is Gibson Energy Inc. (GBNXF), which has returned 0.7% year-to-date [4][6]