Shutterstock Save for later Print Download Share LinkedIn Twitter Oil and gas companies remain on course to deliver record profits this year, but executives are unlikely to be sleeping too soundly as third-quarter earnings season arrives. The coming months could bring the industry one of its most volatile periods ever as upsized Western sanctions and a price cap on Russian oil threaten major dislocations in global energy flows against a wider backdrop of macroeconomic and inflation risks. Here are some of the key themes we’ll be listening out for on earnings calls as we parse how companies are navigating the uncertainty.