Since the election of Donald Trump, the focus in the United States has been on the industrials, and oil stocks make up a good portion of these. Recently, crude oil has flirted with the $55 a barrel level, which is a step in the right direction. Still this is less than half of what it was in 2014.

The prospect for this industry is promising, but performance as a whole has been somewhat muted in 2017 thus far. On the other hand, Wells Fargo sees a positive outlook for a few of the major companies in this field.

24/7 Wall St. has taken a look at a few of the major oil companies reporting their earnings this week. We have included a little color on what to expect, as well as a recent trading history and consensus analyst price target.

Murphy Oil Corp. (NYSE: MUR) reports its fourth-quarter results on Wednesday. The consensus estimates from Thomson Reuters are calling for a net loss of $0.15 per share and $484.62 million in revenue. In the same period of last year, it had a net loss of $0.76 per share and $658.09 million in revenue. Shares of Murphy Oil were trading up 2.5% at $32.10 Tuesday afternoon, with a consensus analyst price target of $32.29 and a 52-week trading range of $15.23 to $37.48.

On Thursday, Baker Hughes Inc. (NYSE: BHI) releases its fourth-quarter earnings report. The consensus estimates are a net loss of $0.11 per share and $2.37 billion in revenue. The same period of last year had $0.21 per share net loss and $3.39 billion in revenue. Baker Hughes shares were trading up about 1.3% at $62.24. The consensus price target is $69.14, and the 52-week range is $38.16 to $68.59.

Not an oil company but, among other things, a provider of equipment and consulting services for petroleum refining, Honeywell International Inc. (NYSE: HON) is expected to share its most recent quarterly results on Friday. Consensus estimates are $1.74 in earnings per share (EPS) and $10.15 billion in revenue. A year ago, it posted EPS of $1.58 and $9.98 billion in revenue. Honeywell was last seen at $118.02, within a 52-week range of $96.32 to $120.02. The consensus price target is $129.55.

Chevron Corp. (NYSE: CVX) also reports its fourth-quarter earnings on Friday. Analysts are predicting that this oil giant will post $0.65 in EPS and $33.76 billion in revenue. The same period of last year reportedly had EPS of $0.26 in EPS and revenue of $29.25 billion. The shares traded up 1.4% to $117.03. The 52-week range is $79.85 to $119.00, and the consensus price target is $125.25.

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