Skip to main content

It's been a hectic week for earnings. With one day left to go, investors are shifting their focus to what's ahead. TheStreet's Jim Cramer has already said what he expects fromAmazon (AMZN) - Get, Inc. Report , as well as what investors should do withAlphabet (GOOGL) - Get Alphabet Inc. Class A Report .

But what about Exxon Mobil (XOM) - Get Exxon Mobil Corporation Report and Chevron (CVX) - Get Chevron Corporation Report , both of which report on Friday before the open and have a combined market cap of $556 billion?

Both of these are "totally unsurprising companies," Cramer said from the floor of the New York Stock Exchange. It's like the board discusses strategies on how to be the least surprising to investors.

Scroll to Continue

TheStreet Recommends

What has been surprising, though, is how much money some oil companies have been making in the U.S., he added.

Particularly the companies operating in the Permian basin have put up some great results, Cramer explained. Some of these companies are squeezing out upwards of $30 per barrel, an impressive figure considering the price of oil is a hair below $50.

Analysts expect Exxon to earn 58 cents per share on $61.34 billion in revenue, while Chevron is expected to earn 37 cents per share on $29.05 billion in revenue.

Image placeholder title

At the time of publication, Cramer's Action Alerts PLUS had a position in GOOGL.