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3 Energy Companies With Rock-Solid Balance Sheet to Watch (Revised)

EIA estimates the GDP growth rate to remain flat year over year in 2024 and decline in 2025, which may dampen energy demand. Hence, keep an eye on XOM, CVX, and COP with strong balance sheet.

3 Energy Companies With Rock-Solid Balance Sheet to Watch

How Should You Play the U S Upstream Oil & Gas Industry? - APA (NASDAQ:APA), Diamondback Energy (NASDAQ:FANG)

The Federal Reserve officials' cautious stance on inflation has not only delayed potential interest rate cuts but also affected market confidence and cast a pall on the Zacks Oil and Gas - Exploration and Production - United States industry.

RGC Resources Inc Misses Q2 Earnings and Revenue Estimates - Delek US Hldgs (NYSE:DK), RGC Resources (NASDAQ:RGCO)

RGC Resources Inc. (NASDAQ: RGCO) came out with quarterly earnings of $0.63 per share, missing the Zacks Consensus Estimate of $0.65 per share. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.

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