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Jim Cramer Says Don't Expect Earnings Surprises From Exxon and Chevron

Exxon and Chevron should see improved results on the third-quarter, compared to the prior quarter.

Both ExxonMobil (XOM) - Get Report  and Chevron (CVX) - Get Report  report quarterly results before the bell on Friday, and TheStreet's Jim Cramer doesn't expect any surprises in those reports. Analysts expect Exxon's earnings and revenues will increase on a sequential basis. Chevron is also expected to report better earnings, compared to last quarter. Cramer says however, there have been some positive surprises from independent oil companies with operations in the Permian basin. The major oils have struggled as oil prices remain at lower levels.

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