Earnings Surprises
Biggest EPS beats and misses, ranked by post-earnings price reaction. Free data, no paywall.
Ranked by EPS surprise % (highest first). Price reaction = day after report.
| # | Symbol | Company | Sector | Date | EPS Actual | EPS Est. | Surprise | Price Reaction |
|---|---|---|---|---|---|---|---|---|
| 1 | Natural Resource Partners L.P. | Energy | May 6, 2026 | $1.44 | $0.25 | +476% | -4.2% | |
NRP generated $34 million of free cash flow in the first quarter of 2026 and $167 million of free cash flow over the last twelve months before accounting for the $39 million investment we made in our soda ash business. | ||||||||
| 2 | Global Partners LP | Energy | May 8, 2026 | $1.85 | $0.33 | +461% | +0.1% | |
Solid execution across all operating segments drove strong first-quarter results for Global. Performance this quarter reflects the advantages of our integrated platform in a dynamic market environment. | ||||||||
| 3 | Teekay Corporation | Energy | May 13, 2026 | $0.55 | $0.11 | +400% | -1.8% | |
| 4 | Diversified Energy Company PLC | Energy | May 6, 2026 | $1.93 | $0.51 | +278% | -4.8% | |
| 5 | Centrus Energy Corp. | Energy | May 5, 2026 | $1.05↑ Raised | $0.33 | +218% | +11.8% | |
The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale, including securing historic federal funding and launching a major expansion of our centrifuge manufacturing plant. | ||||||||
| 6 | RPC, Inc. | Energy | May 7, 2026 | $0.03 | $0.01 | +200% | -7.9% | |
During the first quarter we experienced modest revenue increases despite weather impacts to start the year. Our Technical Services segment revenues increased 7% sequentially. Within Technical Services, Cudd Energy Services’ pressure pumping saw the largest percentage increase at 20% followed by Cudd Pressure Control’s nitrogen service line which increased 13%. Thru Tubing Solutions’ downhole tools increased 11% driven by higher activity supported by new technologies. Our Support Services segment | ||||||||
| 7 | World Kinect Corporation | Energy | Apr 23, 2026 | $0.75↑ Raised | $0.31 | +142% | +12.6% | |
Ira M. Birns, Chief Executive Officer We delivered a strong start to the year, reflecting the strength of our team and ability to execute in a volatile market environment. | ||||||||
| 8 | Marathon Petroleum Corporation | Energy | May 5, 2026 | $1.65— Maintained | $0.74 | +123% | -2.7% | |
Our first-quarter results underscore the strength and reliability of our integrated system and our disciplined approach to capital deployment. | ||||||||
| 9 | TETRA Technologies, Inc. | Energy | Apr 29, 2026 | $0.06— Maintained | $0.03 | +100% | -2.3% | |
Brady Murphy, President and Chief Executive Officer We are pleased to start 2026 with one of the strongest first quarter performances in the company's past ten years. | ||||||||
| 10 | Occidental Petroleum Corporation | Energy | May 5, 2026 | $1.06 | $0.60 | +76.4% | -8.7% | |
Our first quarter results reflect our strong operational performance and the outstanding work of our teams executing across our portfolio. Even with the challenges in the Middle East, everyone - from our staff to our partn | ||||||||
| 11 | Sunoco LP | Energy | May 5, 2026 | $2.85 | $1.71 | +66.7% | -2.0% | |
| 12 | DHT Holdings, Inc. | Energy | May 5, 2026 | $1.01 | $0.62 | +63.7% | +1.9% | |
| 13 | Navigator Holdings Ltd. | Energy | May 6, 2026 | $0.50 | $0.34 | +47.1% | +1.2% | |
| 14 | Equinor ASA | Energy | May 6, 2026 | $1.48 | $1.01 | +46.5% | -10.8% | |
| 15 | Venture Global, Inc. | Energy | May 12, 2026 | $0.19↑ Raised | $0.13 | +46.1% | +11.9% | |
The first quarter of 2026 was a dynamic, and at times volatile, period for the global LNG market, and we are proud that our company has played a critical role in helping maintain supply stability. | ||||||||
| 16 | Weatherford International plc | Energy | Apr 21, 2026 | $1.49 | $1.02 | +46.1% | +0.9% | |
| 17 | Mach Natural Resources LP | Energy | May 7, 2026 | $0.74 | $0.51 | +45.4% | +2.7% | |
| 18 | Core Natural Resources, Inc. | Energy | May 7, 2026 | $0.41 | $0.28 | +44.0% | -3.3% | |
| 19 | Chevron Corporation | Energy | May 1, 2026 | $1.41 | $1.00 | +41.0% | -0.5% | |
| 20 | Solaris Energy Infrastructure, Inc. | Energy | Apr 27, 2026 | $0.44 | $0.31 | +39.8% | +2.8% | |
| 21 | SM Energy Company | Energy | May 6, 2026 | $1.55↑ Raised | $1.13 | +37.2% | -6.8% | |
SM is off to an outstanding start in 2026. In the first quarter, our team delivered production above the top end of our guidance and accelerated merger synergy capture – demonstrating the capability of our combined organization. | ||||||||
| 22 | Alliance Resource Partners, L.P. | Energy | Apr 27, 2026 | $0.37 | $0.27 | +37.0% | +6.3% | |
| 23 | BP p.l.c. | Energy | Apr 28, 2026 | $1.24 | $0.91 | +36.3% | +1.8% | |
| 24 | Crescent Energy Company | Energy | May 4, 2026 | $0.53 | $0.39 | +35.9% | +3.4% | |
Crescent delivered another strong quarter. We outperformed on production, generated meaningful free cash flow and made significant progress integrating our Permian assets. | ||||||||
| 25 | International Seaways, Inc. | Energy | May 7, 2026 | $3.90 | $2.87 | +35.9% | +6.8% | |
We delivered an excellent first quarter, our strongest since the fourth quarter of 2022, with meaningful contributions from both our crude and product tankers. Following the highest dividend in our history last quarter, we more than doubled our dividend this quarter | ||||||||
NRP generated $34 million of free cash flow in the first quarter of 2026 and $167 million of free cash flow over the last twelve months before accounting for the $39 million investment we made in our soda ash business.
Solid execution across all operating segments drove strong first-quarter results for Global. Performance this quarter reflects the advantages of our integrated platform in a dynamic market environment.
The first quarter was marked by numerous wins and great operational progress as we accelerated our drive to restore America's ability to enrich uranium at scale, including securing historic federal funding and launching a major expansion of our centrifuge manufacturing plant.
During the first quarter we experienced modest revenue increases despite weather impacts to start the year. Our Technical Services segment revenues increased 7% sequentially. Within Technical Services, Cudd Energy Services’ pressure pumping saw the largest percentage increase at 20% followed by Cudd Pressure Control’s nitrogen service line which increased 13%. Thru Tubing Solutions’ downhole tools increased 11% driven by higher activity supported by new technologies. Our Support Services segment
We delivered a strong start to the year, reflecting the strength of our team and ability to execute in a volatile market environment.
Our first-quarter results underscore the strength and reliability of our integrated system and our disciplined approach to capital deployment.
We are pleased to start 2026 with one of the strongest first quarter performances in the company's past ten years.
Our first quarter results reflect our strong operational performance and the outstanding work of our teams executing across our portfolio. Even with the challenges in the Middle East, everyone - from our staff to our partn
The first quarter of 2026 was a dynamic, and at times volatile, period for the global LNG market, and we are proud that our company has played a critical role in helping maintain supply stability.
SM is off to an outstanding start in 2026. In the first quarter, our team delivered production above the top end of our guidance and accelerated merger synergy capture – demonstrating the capability of our combined organization.
Crescent delivered another strong quarter. We outperformed on production, generated meaningful free cash flow and made significant progress integrating our Permian assets.
We delivered an excellent first quarter, our strongest since the fourth quarter of 2022, with meaningful contributions from both our crude and product tankers. Following the highest dividend in our history last quarter, we more than doubled our dividend this quarter
Ranked by EPS miss % (worst first). Price reaction = day after report.
| # | Symbol | Company | Sector | Date | EPS Actual | EPS Est. | Surprise | Price Reaction |
|---|---|---|---|---|---|---|---|---|
| 1 | Baytex Energy Corp. | Energy | May 7, 2026 | -$0.08 | $0.01 | -900% | -3.0% | |
| 2 | Vermilion Energy Inc. | Energy | May 6, 2026 | -$0.67 | $0.22 | -405% | -13.0% | |
| 3 | Peabody Energy Corporation | Energy | May 5, 2026 | -$0.26— Maintained | $0.14 | -282% | -5.9% | |
Amid volatility in global energy markets, our thermal segments benefited from strong demand and higher realized pricing. | ||||||||
| 4 | Kosmos Energy Ltd. | Energy | May 5, 2026 | -$0.07— Maintained | $0.08 | -191% | -11.6% | |
Earlier this year, we set four goals for 2026: increase production from our core assets; lower costs; reduce debt; and advance our high‑quality growth portfolio with minimal capital. We are delivering strongly on all four of these goals. | ||||||||
| 5 | Innovex International, Inc. | Energy | May 4, 2026 | -$0.20— Maintained | $0.23 | -188% | -3.6% | |
We delivered a strong start to 2026, with revenue and Adjusted EBITDA both exceeding the high end of our guidance range. Revenue benefited from strong operational execution, new product introductions, and cross-selling across our global platform. | ||||||||
| 6 | Transocean Ltd. | Energy | May 4, 2026 | -$0.03 | $0.07 | -143% | -8.7% | |
| 7 | Genesis Energy, L.P. | Energy | May 7, 2026 | -$0.06— Maintained | $0.16 | -138% | -0.3% | |
Our first quarter results for 2026 in the aggregate came in slightly below our internal expectations. Most of our businesses performed in line with our expectations, with the exception of our offshore pipeline transportation segment, despite being up 40% year over year. | ||||||||
| 8 | Kinetik Holdings Inc. | Energy | May 6, 2026 | -$0.07— Maintained | $0.22 | -132% | -3.9% | |
Kinetik delivered a strong start to 2026, reflecting the strategic positioning of the business, as well as successful commercial and operational execution. | ||||||||
| 9 | Expro Group Holdings N.V. | Energy | May 5, 2026 | -$0.01— Maintained | $0.12 | -108% | -10.5% | |
We are excited to announce the proposed acquisition of Enhanced Drilling and look forward to welcoming its employees into the Expro family. | ||||||||
| 10 | Permian Resources Corporation | Energy | May 6, 2026 | $0.05↑ Raised | $0.38 | -86.8% | -10.4% | |
We delivered a strong first quarter across the board, with record-low D&C costs per foot, 2% oil production growth quarter-over-quarter and more than $500 million of free cash flow. | ||||||||
| 11 | Black Stone Minerals, L.P. | Energy | May 4, 2026 | $0.03— Maintained | $0.22 | -86.4% | -3.9% | |
During the first quarter, we continued to execute across our commercial initiatives, building on the momentum established in 2025. Since inception, we have deployed over $250 million through our mineral acquisition program to enhance our long-term development position in the expanding Haynesville and Bossier play. | ||||||||
| 12 | Tidewater Inc. | Energy | May 4, 2026 | $0.12— Maintained | $0.75 | -84.0% | -3.2% | |
The first quarter of 2026 exceeded our expectations across all key financial and operational measures, with revenue, gross margin, day rate and utilization all outperforming. | ||||||||
| 13 | Kimbell Royalty Partners, LP | Energy | May 7, 2026 | $0.04— Maintained | $0.23 | -82.6% | -0.3% | |
We are pleased to report another strong quarter with robust drilling activity across our acreage. Kimbell’s production exceeded the midpoint of guidance, showing once again the resilience of our high quality, diversified and low decline production base. | ||||||||
| 14 | Dnow Inc. | Energy | May 7, 2026 | $0.01 | $0.05 | -80.0% | -3.2% | |
I am pleased with our achievements in the quarter as we completed our first full quarter with MRC Global. We advanced the integration of our upstream and midstream operations, delivered sequential revenue growth in the midstream and gas utility sectors and are beginning to see early traction from new data center related awards. | ||||||||
| 15 | Plains GP Holdings, L.P. | Energy | May 8, 2026 | $0.10↑ Raised | $0.48 | -79.2% | -0.5% | |
Global events this year illustrate the importance of reliable, secure and responsibly produced energy and have accelerated the timing of our view for a more constructive crude oil market. Our integrated business model and asset base connecting U.S. crude production to the global markets are critical to meeting global energy demand. | ||||||||
| 16 | Kodiak Gas Services, Inc. | Energy | May 11, 2026 | $0.20↑ Raised | $0.54 | -63.0% | +7.9% | |
Kodiak is off to a fantastic start in 2026, with record contract services revenue and adjusted gross margin percentage driving record quarterly adjusted EBITDA. Our contract compression business continues to outperform expectations, and our new power business has tremendous growth potential. | ||||||||
| 17 | LandBridge Company LLC | Energy | May 6, 2026 | $0.23↑ Raised | $0.55 | -58.0% | -3.4% | |
We’re pleased to have delivered first quarter results that reflect strong year-over-year growth and solid commercial momentum heading into the second quarter, with second-half growth drivers on track. | ||||||||
| 18 | Bristow Group Inc. | Energy | May 5, 2026 | $0.44— Maintained | $1.01 | -56.4% | -12.7% | |
Bristow's first quarter results place us on track for what is expected to be a transformational year for the Company in 2026, | ||||||||
| 19 | Precision Drilling Corporation | Energy | Apr 29, 2026 | $0.98 | $1.85 | -47.0% | -5.5% | |
| 20 | BKV Corporation | Energy | May 7, 2026 | $0.22 | $0.36 | -38.9% | -6.9% | |
We continued to deliver on our promises in the first quarter of 2026 through strong execution across the business and the achievement of several important milestones. | ||||||||
| 21 | Vista Energy, S.A.B. de C.V. | Energy | Apr 29, 2026 | $0.89 | $1.42 | -37.3% | +1.6% | |
| 22 | Comstock Resources, Inc. | Energy | May 5, 2026 | $0.15 | $0.23 | -34.8% | -15.6% | |
| 23 | Coterra Energy Inc. | Energy | May 4, 2026 | $0.61 | $0.89 | -31.5% | +0.7% | |
| 24 | Petróleo Brasileiro S.A. - Petrobras | Energy | May 11, 2026 | $0.70 | $1.02 | -31.4% | +0.8% | |
| 25 | Delek Logistics Partners, LP | Energy | Apr 29, 2026 | $0.60 | $0.86 | -30.2% | +4.5% | |
Amid volatility in global energy markets, our thermal segments benefited from strong demand and higher realized pricing.
Earlier this year, we set four goals for 2026: increase production from our core assets; lower costs; reduce debt; and advance our high‑quality growth portfolio with minimal capital. We are delivering strongly on all four of these goals.
We delivered a strong start to 2026, with revenue and Adjusted EBITDA both exceeding the high end of our guidance range. Revenue benefited from strong operational execution, new product introductions, and cross-selling across our global platform.
Our first quarter results for 2026 in the aggregate came in slightly below our internal expectations. Most of our businesses performed in line with our expectations, with the exception of our offshore pipeline transportation segment, despite being up 40% year over year.
Kinetik delivered a strong start to 2026, reflecting the strategic positioning of the business, as well as successful commercial and operational execution.
We are excited to announce the proposed acquisition of Enhanced Drilling and look forward to welcoming its employees into the Expro family.
We delivered a strong first quarter across the board, with record-low D&C costs per foot, 2% oil production growth quarter-over-quarter and more than $500 million of free cash flow.
During the first quarter, we continued to execute across our commercial initiatives, building on the momentum established in 2025. Since inception, we have deployed over $250 million through our mineral acquisition program to enhance our long-term development position in the expanding Haynesville and Bossier play.
The first quarter of 2026 exceeded our expectations across all key financial and operational measures, with revenue, gross margin, day rate and utilization all outperforming.
We are pleased to report another strong quarter with robust drilling activity across our acreage. Kimbell’s production exceeded the midpoint of guidance, showing once again the resilience of our high quality, diversified and low decline production base.
I am pleased with our achievements in the quarter as we completed our first full quarter with MRC Global. We advanced the integration of our upstream and midstream operations, delivered sequential revenue growth in the midstream and gas utility sectors and are beginning to see early traction from new data center related awards.
Global events this year illustrate the importance of reliable, secure and responsibly produced energy and have accelerated the timing of our view for a more constructive crude oil market. Our integrated business model and asset base connecting U.S. crude production to the global markets are critical to meeting global energy demand.
Kodiak is off to a fantastic start in 2026, with record contract services revenue and adjusted gross margin percentage driving record quarterly adjusted EBITDA. Our contract compression business continues to outperform expectations, and our new power business has tremendous growth potential.
We’re pleased to have delivered first quarter results that reflect strong year-over-year growth and solid commercial momentum heading into the second quarter, with second-half growth drivers on track.
Bristow's first quarter results place us on track for what is expected to be a transformational year for the Company in 2026,
We continued to deliver on our promises in the first quarter of 2026 through strong execution across the business and the achievement of several important milestones.