How are energy investors positioned?
Investing.com - Select Energy Services reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Select Energy Services announced earnings per share of $0.220 on revenue of $375.1M. Analysts polled by Investing.com EPS of $0.158 on revenue of $357.5M.
Select Energy Services 's are down 39.79% and is trading at $9.410 , still down 9.78% from its 52 week high of $10.43 set on Tuesday, March 8, 2022.
Select Energy Services follows other major Energy sector earnings this month
Select Energy Services's report follows an earnings beat by Exxon Mobil on Friday, October 28, 2022, who reported EPS of $4.45 on revenue of $112.07B, EPS of $3.67 on revenue of $107.24B.
Chevron had beat expectations on Friday, October 28, 2022 with third quarter EPS of $5.66 on revenue of $66.64B, for EPS of $4.83 on revenue of $57.03B.
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