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News 2026-10-12 16:20 UTC

FactSet sees S&P 500 Energy Q3 earnings growth at 121.1% on higher oil prices

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