FactSet sees S&P 500 Energy Q3 earnings growth at 121.1% on higher oil prices
Bitget2026/10/12 16:20- FactSet expects the S&P 500 Energy sector to post 121.1% year-over-year earnings growth in Q3 2026, the strongest of all sectors.
- Estimated sector earnings rose 23.3% since June 30 to USD 58 billion from USD 47 billion, tracking higher oil prices.
- WTI climbed 30% from June 30 to Sept. 30 to USD 90.42 from USD 69.50; Q3 average WTI rose 32% to USD 85.68.
- Refining is projected to lead earnings gains, while oilfield services is the only sub-industry expected to show a year-over-year decline.
- Energy earnings growth is forecast to cool over the next four quarters, turning negative by Q2 2027 at -21.3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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