Investors will get another opportunity to gauge the impact on the oil & gas industry of low crude prices on Thursday as Genel Energy and Hunting report annual numbers.
Shares in Genel dived earlier this week as the Kurdistan-focused producer (LON:GENL) slashed the value of its Taq Taq field by US$1bn due to a worse-than-expected dip in recoverable reserves and the lower oil price.
The firm currently expects gross Taq Taq production to average around 80,000 bopd in 2016, declining to 65-75,000 bopd and 50-70,000 bopd in 2017 and 2018 respectively.
Investors are likely to keep an eye on how a temporary closure of the oil export pipeline to Turkey due to attacks is set to affect the business.
Analysts at Numis Securities said Genel's business remained resilient in a low oil price environment, with manageable debt levels and cash costs of US$20 a barrel.
"The low oil price does, however, exert significant pressure on the finances of the Kurdistan region which does, in addition to to the concerns over the reserves, weigh on Genel's share price," they said.
Analysts may quiz Hunting (LON:HTG) on the prospects for consolidation in the industry following market chatter last week that the oil services engineer and pump maker Weir Group (LON:WEIR) may be in the sights of suitors.
Weir was being talked about as a potential target for US pump and valve maker Flowserve Corp (NYSE:FLS), which made an unsuccessful takeover approach to the company in 1999.
Meanwhile, insurer Admiral (LON:ADM) is tipped to report pre-tax profit broadly unchanged from a year ago at £359mln.
Numis expects an increased drag from investment in its US price comparison business to have offset modest growth in UK car insurance profitability.
It is forecasting a total profit contribution from UK car insurance of £418mln against £398mln last time, with recent rate increases unlikely to have yet had a material positive impact on reported earnings.
"Admiral is one of our key picks in the sector on the basis that market forecasts look too conservative," the broker said.
"We see good potential for the company to gain market share during the current pricing upturn."
Other companies due to report include:
Aggreko; Arrow Global; BBA Aviation; Carillion; Cobham; CRH; Domino's Pizza; H&T Group; Headlam; Impellam; Melrose; RPS; Schroders; Shawbrook; Spirax-Sarco; Travis Perkins; Vesuvius.