Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

Oil and Gas, Mint Finance

Suhas Reddy

Oil and Gas

Equity Bottom-Up

<ul>
<li>Exxon heads into Q1 with EPS expected to rise 12.3% QoQ and 9.1% YoY. However, IV is elevated due to uncertainty amid geopolitical tensions and firm oil prices.</li>
<li>Leading up to the earnings, straddles have worked in only 3 of the past 9 quarters, with returns largely dependent on IV holding or expanding rather than price movement alone.</li>
<li>Calendar spreads have been more consistent (6/9 quarters), with returns driven by IV decay, though performance weakens when volatility compresses sharply into earnings.</li>
</ul>


Exxon heads into Q1 with EPS expected to rise 12.3% QoQ and 9.1% YoY. However, IV is elevated due to uncertainty amid geopolitical tensions and firm oil prices.
Leading up to the earnings, straddles have worked in only 3 of the past 9 quarters, with returns largely dependent on IV holding or expanding rather than price movement alone.
Calendar spreads have been more consistent (6/9 quarters), with returns driven by IV decay, though performance weakens when volatility compresses sharply into earnings.


[Pre Earnings Flash] Exxon Sees Healthy Q1 Expectations Amid Elevated Volatility

Exxon Mobil

[Pre Earnings Flash] Exxon Sees Healthy Q1 Expectations Amid Elevated Volatility