4 Energy Stocks Investors are Betting On Before Earnings

Chevron Corp (NYSE:CVX) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for profit of $3.42 per share, a rise of 82.9% 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 $3.32. Between one and three months ago, the average estimate moved up. It has dropped from $3.43 during the last month. For the year, analysts are projecting net income of $13.56 per share, a rise of 43.5% from last year.

Last quarter, the company reported profit of $3.85 per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. Revenue on average, analysts predict $67.91 billion in revenue this quarter, a rise of 39.9% from the year ago quarter. Analysts are forecasting total revenue of $256.87 billion for the year, a rise of 29.6% from last year’s revenue of $198.2 billion.

Competitors to Watch: Exxon Mobil Corporation (NYSE:XOM), BP plc (NYSE:BP), ConocoPhillips (NYSE:COP), Marathon Oil Corporation (NYSE:MRO), TOTAL S.A. (NYSE:TOT), Hess Corp. (NYSE:HES), Suncor Energy Inc. (NYSE:SU), Repsol YPF, S.A. (REPYY), and Valero Energy Corporation (NYSE:VLO).

Dominion Resources, Inc. (NYSE:D) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for net income of 95 cents per share, a decline of 7.8% 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 93 cents. Between one and three months ago, the average estimate moved up. It has dropped from 96 cents during the last month. For the year, analysts are projecting profit of $3.14 per share, a decline of 6% from last year.

The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by 2 cents in the first quarter, the company fell in line with expecations by reporting net income of 59 cents per share last quarter. Revenue analysts are projecting a decline of 1.3% in revenue from the year-earlier quarter to $3.9 billion.

Competitors to Watch: Integrys Energy Group, Inc. (NYSE:TEG), CenterPoint Energy, Inc. (NYSE:CNP), SCANA Corporation (NYSE:SCG), CMS Energy Corporation (NYSE:CMS), DTE Energy Company (NYSE:DTE), Ameren Corporation (NYSE:AEE), NiSource Inc. (NYSE:NI), Wisconsin Energy Corp. (NYSE:WEC), Sempra Energy (NYSE:SRE), and Avista Corporation (NYSE:AVA).

 NiSource, Inc. (NYSE:NI) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for profit of 10 cents per share, a rise of more than twofold 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 8 cents. Between one and three months ago, the average estimate moved up. It has risen from 9 cents during the last month. For the year, analysts are projecting net income of $1.33 per share, a rise of 9.9% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported profit of 17 cents per share against a mean estimate of net income of 14 cents per share. In the first quarter, it missed forecasts by one cent. Revenue analysts are projecting a rise of 5% in revenue from the year-earlier quarter to $1.05 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), E.ON AG (EONGY), CMS Energy Corporation (NYSE:CMS), Sempra Energy (NYSE:SRE), and Integrys Energy Group, Inc. (NYSE:TEG).

DTE Energy Company (NYSE:DTE) will unveil its latest earnings on Friday, October 28, 2011. The average estimate of analysts is for profit of $1.01 per share, a rise of 5.2% 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 $1.02. Between one and three months ago, the average estimate moved down. It has risen from 99 cents during the last month. Analysts are projecting profit to rise by 0% versus last year to $3.60.

The company topped estimates last quarter after missing forecasts the quarter prior. In the second quarter, it reported net income of 65 cents per share against a mean estimate of profit of 51 cents per share. In the first quarter, it missed forecasts by 10 cents. Revenue analysts are projecting no change in revenue from the year-earlier quarter to $2.14 billion.

Competitors to Watch: CMS Energy Corporation (NYSE:CMS), Wisconsin Energy Corp. (NYSE:WEC), Integrys Energy Group, Inc. (NYSE:TEG), The Empire District Electric Co. (NYSE:EDE), NiSource Inc. (NYSE:NI), Dominion Resources, Inc. (NYSE:D), Black Hills Corporation (NYSE:BKH), Avista Corporation (NYSE:AVA), Ameren Corporation (NYSE:AEE), and CH Energy Group, Inc. (NYSE:CHG).