The Week Ahead: Resource Companies Reporting Earnings and Economic Data That May Impact Commodity Prices: July 16-20 2012

MONDAY, July 16

Resource Companies Reporting Earnings: None

Economic Data that may impact commodity prices:

8:30 a.m. Retail Sales; Empire Manufacturing

10 a.m. Business Inventories.

 

TUESDAY, July 17

Resource Companies Reporting Earnings

McMoran Exploration (NYSE:MMR)

Analyst estimates: loss per share of $0.12, Revenue $96.55 mln

The Mosaic Company (NYSE:MOS)

Analyst Estimates: EPS N/A, Revenue $2.54 bln

Economic Data that may impact commodity prices:

8:30 a.m. CPI

9:15 a.m. Industrial Production/Capacity Utilization

10 a.m. NAHB Housing Market Index

 

WEDNESDAY, July 18

Resource Companies Reporting Earnings

Noble Corporation (NYSE:NE)

Analyst Estimates: EPS $0.58, Revenue $902.55 mln

Economic Data that may impact commodity prices:

8:30 a.m. Housing Starts, Building Permits

10:30 a.m. Crude Inventories

2 p.m. Fed’s Beige Book

 

THURSDAY, July 19

Resource Companies Reporting Earnings

West Fraser Timber (TSE:WFT)

Nexen Inc. (TSE:NXY, NYSE: NXY)

Analyst Estimates (US Stock): EPS $0.37, Revenue $1.68 Bln

Freeport McMoRan Copper and Gold (NYSE:FCX)

Analyst Estimates: EPS $0.81, Revenue $4.51 Bln.

Diamond Offshore Drilling Inc. (NYSE:DO)

Analyst Estimates: EPS $0.89,  Revenue $734.14 Mln

Economic Data that may impact commodity prices:

8:30 a.m. Initial Jobless Claims

10 a.m. Existing Home Sales; Philadelphia Fed Index; Leading Indicators.

 

FRIDAY, July 20

Resource Companies Reporting Earnings

Baker Hughes Inc. (NYSE:BHI)

Analyst Estimates: EPS $0.77, Revenue $5.26 bln.

Economic Data that may impact commodity prices: none

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