Analysts see muted Q3 earnings for oil majors
Softer crude prices and maintenance downtime are expected to weigh on results.
Third-quarter earnings from the oil majors are expected to be subdued, reflecting lower realised crude prices and planned maintenance activity.
Analysts said cost discipline will be as important as production volumes in shaping the results.
Investors will also watch capital-allocation commentary for signs of a change in spending plans.
Up next
Access Holdings defers half-year accounts again as CBN clearance remains pending
The country's largest financial group by assets has received another NGX extension for its audited first-half results while it waits for regulatory approval from the Central Bank of Nigeria.
More in Markets
See all
United Capital approves N18 billion dividend after record 2025 profit
Shareholders approved a final 70-kobo payment, taking the full-year distribution to N1 per share after an interim dividend.
Naira Holds Near N1,370/$ as Reforms Steady the Foreign Exchange Market
The naira held broadly steady around N1,370 to the dollar as stronger reserves, tighter policy and returning portfolio inflows kept the currency within a narrow range.
NGX Turnover Hits N158.29bn as Investors Position for Q3 Earnings Season
Turnover on the Nigerian Exchange rose to N158.29 billion in the first full trading week of October as investors repositioned ahead of third-quarter earnings.
About the author
Adaeze Okonkwo
Markets Editor
Adaeze Okonkwo writes for BusinessPress.
More by Adaeze Okonkwo
