Energy and utilities cluster late in July 2026, with ExxonMobil, Duke Energy, and NextEra Energy all reporting around July 23. Guyana production ramp, refining margins, regulatory rate-base growth, and renewables/storage monetization are the dominant themes. Here is the full energy and utilities earnings calendar for July 2026.
Exxon Mobil (XOM) — Late July 2026
Current price ~$107. The two reads: upstream production (Guyana adding 500K+ bbl/day at the lowest cost globally) and refining margins (tied to WTI in the $40–80/bbl range). Q2 refining was margin-sensitive. Risk: oil below $60/bbl hurts refining. Upside: Guyana ahead of schedule plus refining margin expansion. Breakout above $110 on a strong print.
Duke Energy (DUK) — Wednesday, July 23, 8:00 AM EDT
Current price ~$103. A large regulated utility with dividend support. Growth comes from rate-base expansion via transmission/distribution capex and renewable grid modernization. Watch rate-case outcomes, capex trajectory, and FCF generation. Upside: rate-case wins; downside: regulatory pushback on rate increases.
NextEra Energy (NEE) — Wednesday, July 23, 8:30 AM EDT
Current price ~$76. Utility plus renewables — FPL Florida growth (population tailwind) plus the renewables/storage subsidiary as the growth engine. Watch FPL customer growth, renewable MW added, energy-storage revenue, and FCF. Upside: energy-storage monetization inflection ($85+); downside: FPL regulatory friction or renewable subsidy phase-out.
How to trade energy and utility earnings in July 2026
XOM and the integrated oil complex trade off WTI more than off the print — use the earnings release for forward guidance on Guyana ramp and refining capacity utilization. DUK and NEE are dividend-sensitive: a clean rate-case outcome typically lifts the entire regulated-utility basket. NEE is the highest-beta name in the group because of the renewables and storage optionality.
Use this on Earnings Compass
Frequently asked questions
- When does ExxonMobil report Q2 2026 earnings?
- ExxonMobil (XOM) reports in late July 2026. Focus is Guyana production ramp, refining margins, and LNG pricing.
- When do Duke Energy and NextEra report Q2 2026 earnings?
- Duke Energy (DUK) reports Wednesday, July 23, 2026 at 8:00 AM EDT. NextEra Energy (NEE) reports the same day at 8:30 AM EDT.
- Which energy stocks report earnings in July 2026?
- ExxonMobil leads the integrated oil majors in late July, with Duke Energy and NextEra Energy headlining the utilities group on July 23.
- How sensitive are oil major earnings to WTI?
- Integrated oil major earnings are highly sensitive to WTI in the $40–80/bbl range, where refining margins swing materially. Below ~$60/bbl, refining margins compress and quarterly EPS estimates miss meaningfully.