Back to top

oil-energy: Archive

Zacks Equity Research

Kinetik (KNTK) to Expand Operations in North Delaware Basin

Kinetik's (KNTK) acquisition of Durango doubles its gathering pipeline mileage and expands processing capacity by 420 MMcf/d.

HESNegative Net Change ENegative Net Change SMPositive Net Change KNTKPositive Net Change

Zacks Equity Research

BP Resumes Caspian Sea Oil Production Ahead of Schedule

BP's rapid resurgence initiates the resumption of offshore oil operations in Azerbaijan's Caspian Sea before schedule, showcasing prowess in energy sector resilience.

BPNegative Net Change HESNegative Net Change SMPositive Net Change MTDRPositive Net Change

Zacks Equity Research

Eni (E) Explores Oil and Gas Spin-offs for Green Investments

Eni (E) charts a new course as it considers using an innovative satellite model to spin off oil and gas projects to propel the transition to low-carbon energy solutions worldwide.

HESNegative Net Change ENegative Net Change SMPositive Net Change MTDRPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties

ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.

XOMNegative Net Change HESNegative Net Change SMPositive Net Change ECPositive Net Change

Nilanjan Choudhury

4 Energy Companies That Recently Pumped Up Their Dividends

Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.

CVENegative Net Change MUSANegative Net Change PSXNegative Net Change TRGPPositive Net Change

Nilanjan Banerjee

Total US Drilling Rig Tally Declines: Here's What It Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States declined, but the count for natural gas increased.

BKRPositive Net Change FANGNegative Net Change MTDRPositive Net Change

Zacks Equity Research

USA Compression (USAC) Q1 Earnings & Revenues Top Estimates

USA Compression (USAC) anticipates distributable cash flow, adjusted EBITDA and net income in the range of $340-$360 million, $555-$575 million and $95-$115 million, respectively, for 2024.

SLBNegative Net Change VLONo Net Change USACPositive Net Change MGYPositive Net Change

Zacks Equity Research

Suncor Energy (SU) Q1 Earnings Rise Y/Y, Sales Top Estimates

Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.

SLBNegative Net Change VLONo Net Change SUNegative Net Change MGYPositive Net Change

Zacks Equity Research

New Strong Buy Stocks for May 14th

MPC, HMY, AVO, DXPE and ITRI have been added to the Zacks Rank #1 (Strong Buy) List on May 14, 2024.

ITRIPositive Net Change HMYPositive Net Change MPCNegative Net Change DXPEPositive Net Change AVOPositive Net Change

Zacks Equity Research

W&T Offshore (WTI) Q1 Earnings Lag Estimates on Lower Prices

Lower realized prices for oil-equivalent production hurt W&T Offshore's (WTI) earnings in Q1.

HESNegative Net Change SMPositive Net Change WTIPositive Net Change ECPositive Net Change

Zacks Equity Research

Enbridge (ENB) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Enbridge's (ENB) first-quarter earnings primarily benefit from increased contributions across all segments.

HESNegative Net Change SMPositive Net Change ENBNegative Net Change MTDRPositive Net Change

Zacks Equity Research

Ovintiv (OVV) Q1 Earnings Beat Estimates, Revenues Miss

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $610-$650 million for the second quarter of the year.

SLBNegative Net Change VLONo Net Change MGYPositive Net Change OVVNegative Net Change

Zacks Equity Research

Delek (DK) Q1 Loss Narrower Than Expected, Sales Decline Y/Y

Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for Refining and $70 million for Logistics, for full-year 2024.

SLBNegative Net Change VLONo Net Change DKPositive Net Change MGYPositive Net Change

Zacks Equity Research

Why You Should Keep an Eye on BP Despite Q1 Earnings Miss

Despite the weak results, BP expects its reported and underlying upstream production to be slightly higher this year.

BPNegative Net Change CVXNegative Net Change XOMNegative Net Change

Nilanjan Choudhury

Natural Gas Sees Weekly Gain on EIA Report, Summer Forecasts

With natural gas price action remaining volatile, we recommend investors to hold onto companies with strong fundamentals, such as CTRA and LNG.

CHKPositive Net Change EQTPositive Net Change LNGPositive Net Change CTRAPositive Net Change

Zacks Equity Research

GeoPark's (GPRK) Offtake Pact With Vitol Expands Funding Access

GeoPark's (GPRK) offtake agreement with Vitol outlines the sale and delivery of a minimum of 20,000 barrels of oil per day from Llanos 34 Block in Colombia.

HESNegative Net Change ENegative Net Change SMPositive Net Change GPRKPositive Net Change

Zacks Equity Research

Murphy (MUSA) Q1 Earnings Miss on Weak Margins, Product Sales

In the first quarter, Murphy USA (MUSA) bought back shares worth $86.9 million.

VLONo Net Change MUSANegative Net Change MPCNegative Net Change PSXNegative Net Change

Zacks Equity Research

Zacks Industry Outlook Highlights SLB, Halliburton, Baker Hughes and Smart Sand

SLB, Halliburton, Baker Hughes and Smart Sand have been highlighted in this Industry Outlook article.

SLBNegative Net Change HALPositive Net Change BKRPositive Net Change SNDNegative Net Change

Zacks Equity Research

New Strong Sell Stocks for May 13th

AESI, AEG and ADNT have been added to the Zacks Rank #5 (Strong Sell) List on May 13, 2024.

AEGPositive Net Change ADNTPositive Net Change AESIPositive Net Change

Zacks Equity Research

Chevron's (CVX) Gorgon LNG Facility Faces Production Disruption

Chevron (CVX) states that it is working to repair the fault and the process may take several weeks. This may affect the exports from the facility.

CVXNegative Net Change HESNegative Net Change ENegative Net Change SMPositive Net Change

Zacks Equity Research

Seadrill (SDRL) Announces New Contracts for Two Drillships

Seadrill's (SDRL) West Capella drillship wins a one-well contract in South Korea and West Neptune drillship secures a contract extension in the U.S. Gulf of Mexico.

HESNegative Net Change ENegative Net Change SMPositive Net Change SDRLPositive Net Change

Zacks Equity Research

Repsol (REPYY) Explores Minority Stake Sale in Alaska Oilfields

Repsol's (REPYY) sale also encompasses partial interests in the Horseshoe and Quokka fields, enhancing the attractiveness of this investment opportunity.

COPNegative Net Change SMPositive Net Change ECPositive Net Change REPYYNegative Net Change

Zacks Equity Research

Why You Should Buy Valero Energy (VLO) After Q1 Earnings Beat

Valero's (VLO) premium refining operations are resilient, even when the business operating environment is carbon-constrained.

CVXNegative Net Change XOMNegative Net Change VLONo Net Change SHELNegative Net Change

Nilanjan Banerjee

4 Oilfield Services Stocks Set to Escape Industry Weakness

Strict capital discipline by upstream energy companies is acting as a dampener, thereby making the outlook for the Zacks Oil and Gas- Field Services industry gloomy. SLB, HAL, BKR and SND are expected to survive the industry challenges.

SLBNegative Net Change HALPositive Net Change BKRPositive Net Change SNDNegative Net Change

Zacks Equity Research

Nextracker (NXT) to Report Q4 Earnings: What's in the Cards?

Nextracker's (NXT) fiscal Q4 results are likely to reflect the benefits of solid contract bookings and product demand amid the impacts of higher R&D expenses.

FSLRNegative Net Change ENPHPositive Net Change SEDGPositive Net Change NXTNegative Net Change