3 Energy Stocks Prepare to Release Earnings Reports to Shareholders

Enterprise Products Partners L.P. (NYSE:EPD) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for net income of 56 cents per share, a rise of 21.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 52 cents. Between one and three months ago, the average estimate moved up. It has risen from 55 cents during the last month. Analysts are projecting profit to rise by 51.8% versus last year to $2.11.

Last quarter, the company beat estimates by 5 cents, coming in at profit of 55 cents a share versus the estimate of net income of 50 cents a share. It marked the fourth straight quarter of beating estimates. Analysts are projecting a rise of 10.9% in revenue from the year-earlier quarter to $10.62 billion.

Competitors to Watch: Duncan Energy Partners L.P. (NYSE:DEP), Enterprise GP Hldgs. L.P. (EPE), Kinder Morgan Inc (NYSE:KMI), Kinder Morgan Energy Partners LP (NYSE:KMP), El Paso Corporation (NYSE:EP), Copano Energy, L.L.C. (NASDAQ:CPNO), Southern Union Company (NYSE:SUG), Energy Transfer Partners, L.P. (NYSE:ETP), Blue Dolphin Energy Co. (NASDAQ:BDCO), and DCP Midstream Partners, LP (NYSE:DPM).

Marathon Oil Corp (NYSE:MRO) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for profit of 85 cents per share, a decline of 22% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 86 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 85 cents during the last month. Analysts are projecting profit to rise by 5.2% versus last year to $3.84.

The company is looking to top analyst estimates this quarter after trailing for the two previous quarters. Last quarter, it missed estimates by reporting net income of 59 cents per share against an estimate of profit of 85 cents per share. The quarter before that, it missed expectations by 3 cents. On average, analysts predict $2.93 billion in revenue this quarter, a decline of 85.5% from the year ago quarter. Analysts are forecasting total revenue of $31.7 billion for the year, a decline of 56.9% from last year’s revenue of $73.62 billion.

Competitors to Watch: Chevron Corporation (NYSE:CVX), ConocoPhillips (NYSE:COP), Hess Corp. (NYSE:HES), Exxon Mobil Corporation (NYSE:XOM), BP plc (NYSE:BP), TOTAL S.A. (NYSE:TOT), Statoil ASA (NYSE:STO) and Murphy Oil Corporation (NYSE:MUR).

NiSource, Inc. (NYSE:NI) will unveil its latest earnings on Wednesday, February 1, 2012. The average estimate of analysts is for net income of 35 cents per share, a rise of 2.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 36 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 11.6% versus last year to $1.35.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by one cent, reporting profit of 11 cents per share against a mean estimate of net income of 10 cents. In the second quarter, the company exceeded forecasts by 3 cents with profit of 17 cents versus a mean estimate of net income of 14 cents. On average, analysts predict $1.54 billion in revenue this quarter, a decline of 7.8% from the year ago quarter. Analysts are forecasting total revenue of $6.15 billion for the year, a rise of 5.7% from last year’s revenue of $5.82 billion.

Competitors to Watch: Ameren Corporation (NYSE:AEE), CenterPoint Energy, Inc. (NYSE:CNP), Unitil Corporation (NYSE:UTL), Dominion Resources, Inc. (NYSE:D), NorthWestern Corporation (NYSE:NWE), Consolidated Edison, Inc. (NYSE:ED), CMS Energy Corporation (NYSE:CMS), Sempra Energy (NYSE:SRE), and Integrys Energy Group, Inc. (NYSE:TEG).