When Energy-sector earnings declined by 32 percent in the one-year period ending on March 31, 1998, the best earnings-growth rates over the next 12 months were generated by the Information Technology, Health Care, and Consumer Discretionary sectors. The comparisons for first-quarter 1998 through fourth-quarter 1999 are as follows:
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Related, here's a clipping related to the current state of earnings releases from StockTwits:
Last but not least, a nice set of charts about the oil industry: