Energy Stocks

On Friday’s Mad Money program, host Jim Cramer highlighted 7 key earnings reports this week that investors should pay attention to.

Several earnings reports that will come out this week could provide investors with early indications of the health of their sectors.

We are expecting solid second quarter results out of Chevron driven primarily by significantly higher oil prices in the quarter.

The rising price of oil along with better than expected quarterly results out of Occidental Petroleum and Noble Corp all point to a stronger than expected quarter for Exxon.

Wall Street has reduced their expectations for 2009 in the wake of lower oil prices, but we feel that they may still be too optimistic.

Although the company is notoriously unhelpful in providing performance guidance, we expect that Exxon Mobil’s conservative business approach will allow it to deliver better than expected first quarter results.