Integrated energy company ExxonMobil (NYSE: XOM) will be reporting results this Friday before market open. Here’s what you need to know.

ExxonMobil beat analysts’ revenue expectations last quarter, reporting revenues of $116 billion, up 42.3% year on year. It was a strong quarter for the company, with a significant miss of analysts’ EPS estimates. It reported year-on-year oil production growth of 3.5%.

Is ExxonMobil a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting ExxonMobil’s revenue to grow 38.7% year on year, a reversal from the 5.2% decrease it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. ExxonMobil has missed Wall Street’s revenue estimates multiple times over the last two years.

Looking at ExxonMobil’s peers in the upstream & integrated segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Cactus delivered year-on-year revenue growth of 63.2%, meeting analysts’ expectations, and ProPetro reported revenues up 20.9%, topping estimates by 14.1%.

Read our full analysis of Cactus’s results here and ProPetro’s results here.

There has been positive sentiment among investors in the upstream & integrated segment, with share prices up 8.3% on average over the last month. ExxonMobil is up 13.3% during the same time and is heading into earnings with an average analyst price target of $179.41 (compared to the current share price of $183.27).

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