The third-quarter 2025 earnings season for Oil/Energy companies is off to a good start, with many surpassing expectations. Natural gas prices are helping offset the impact of lower crude prices. Despite a year-over-year decline in oil prices, revenue is expected to increase by 1%. Some companies are standing out due to their strong performance.

Weak oil prices are not hindering all energy stocks, as some are benefiting from higher natural gas prices. Nearly 78% of companies have exceeded earnings and revenue estimates, indicating a strong season. Investing in stocks with positive earnings potential can lead to significant returns, especially if they beat expectations.

Canadian Natural Resources, Delek US Holdings, Calumet Specialty Products Partners, and Northern Oil and Gas are some companies worth considering for potential outperformance. With strong earnings estimates and positive ESP, these companies have a chance to surprise investors. Each company has unique strengths that could lead to positive post-announcement price reactions.

Read more at Nasdaq: Q3 Energy Earnings: 4 Stocks That Could Surpass Forecasts