Several energy giants like Comstock Resources Inc. (CRK), Williams (WMB), and Marathon Petroleum Corp. (MPC) are expected to report better-than-expected earnings in the third quarter due to a favorable energy business environment. Oil and natural gas prices were higher in the September quarter of 2025 compared to the same period in 2024.

The pricing environment in the third quarter of 2025 favored exploration and production activities due to lower breakeven prices in shale resources. Natural gas prices were significantly higher in July, August, and September of 2025 compared to the same months in 2024. Investors can use a combination of Earnings ESP and Zacks Rank to identify potential outperformers in the energy sector.

Comstock Resources, Williams, and Marathon Petroleum are key players in the energy sector expected to deliver strong earnings results. Comstock Resources has an Earnings ESP of +2.86% and a Zacks Rank #3. Williams has an Earnings ESP of +0.56% and a Zacks Rank #3. Marathon Petroleum has an Earnings ESP of +8.68% and a Zacks Rank #3, with all scheduled to report earnings in early November.

Read more at Nasdaq: 3 Energy Stocks Poised to Outshine Earnings Estimates in Q3