Energy Sector Expected to Experience Largest Profit Decline Among S&P 500 in Q3
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Earnings Projections: The Energy sector is expected to experience the largest year-over-year earnings decline among S&P 500 sectors, with a projected drop of 4.2% due to lower oil prices in Q3 compared to the previous year.
Sector Performance: While seven sectors, including information technology and utilities, are anticipated to show earnings growth, four sectors, including energy and consumer staples, are expected to report declines.
Future Outlook: Analysts predict a rebound in earnings for the Energy sector starting in the first quarter of 2026, despite current challenges.
Top Energy Stocks: Notable S&P 500 energy stocks include Exxon Mobil (Strong Buy) and Phillips 66 (Buy), while several others are rated as Hold.
Analyst Views on VDE
Wall Street analysts forecast VDE stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VDE is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 137.680
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Current: 137.680
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
