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Zacks News
Eni (E) Beats Q2 Earnings Estimates on Higher Production
by Zacks Equity Research
Eni's (E) second-quarter 2017 earnings and revenues beat estimates on higher production along with increased oil and gas prices realizations.
Will Penn Virginia Benefit from the Eagle Ford Asset Buyout?
by Zacks Equity Research
Penn Virginia (PVAC) will acquire Lavaca County assets, adding 19,600 net acres to its core operations.
Peabody Energy (BTU) in Focus: Stock Moves 7.35% Higher
by Zacks Equity Research
Peabody Energy Corporation (BTU) was a big mover last session, as the company saw its shares rise over 7% on the day.
Newfield Exploration (NFX) Misses on Q2 Earnings & Revenues
by Zacks Equity Research
Newfield Exploration (NFX) second-quarter 2017 earnings and revenues lag estimates due to lower production.
Statoil (STO) Beats on Earnings in Q2, Revenues Grow Y/Y
by Zacks Equity Research
Higher liquids and gas prices alongside increased production contribute to second-quarter 2017 earnings growth for Statoil (STO).
Range Resources (RRC) Misses on Q2 Earnings, Revenues Beat
by Zacks Equity Research
Range Resources (RRC) misses second-quarter 2017 estimates due to higher expenses.
Dril-Quip (DRQ) Beats Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Dril-Quip (DRQ) reported better-than-expected second-quarter earnings owning to higher activities in Eastern Hemisphere and the Asia-Pacific region. It was partially offset by increased expenses and lower product bookings.
Energy Transfer to Sell Rover Project Stake to Blackstone
by Zacks Equity Research
Energy Transfer (ETP) will divest 32.44% stake in its Rover pipeline project to The Blackstone Group.
Phillips 66 (PSX) Q2 Earnings Beat Estimates, Revenues Lag
by Zacks Equity Research
Higher contribution from all segments, excluding the Marketing and Specialties segment, aid Phillips 66's (PSX) second-quarter earnings.
Diamond Offshore's (DO) Q2 Earnings & Revenues Top Estimates
by Zacks Equity Research
Diamond Offshore's (DO) second-quarter 2017 earnings and revenues beat estimates on back of lower expenses and higher dayrate realization of ultra-Deepwater and Mid-water floaters.
Weatherford (WFT) Loss Meets Estimates in Q2, Revenues Miss
by Zacks Equity Research
Weatherford's (WFT) second-quarter results were negatively impacted by lower product sales.
Ensco (ESV) Q2 Loss Narrower than Expected, Revenues Miss
by Zacks Equity Research
Ensco's (ESV) second quarter 2017 results impacted by lower realized dayrates and higher costs.
SCANA (SCG) to Receive Aid from Toshiba for Westinghouse
by Zacks Equity Research
SCANA (SCG) and Santee Cooper will receive aid in installments from Oct 2017 to Sep 2022 from Toshiba.
National Oilwell (NOV) Q2 Loss in Line, Revenues Miss Mark
by Zacks Equity Research
National Oilwell's (NOV) Q2 loss per share was in line with estimates but narrower than the prior-year quarter due to cost-control measures and rising momentum in the U.S. land market.
Cabot (COG) Misses Q2 Earnings, Beats Revenue Estimates
by Zacks Equity Research
Increased costs led to the lower-than-expected second-quarter earnings of Cabot (COG).
Suncor (SU) Misses Earnings and Revenue Estimates in Q2
by Zacks Equity Research
Increased costs led to the weaker-than-expected second-quarter results of Suncor Energy (SU)
Valero Energy (VLO) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Valero Energy's (VLO) strong second-quarter results were aided by higher margin on the back of 96% throughput capacity utilization.
Helmerich & Payne (HP) Q3 Loss Lower Than Expected, Sales Top
by Zacks Equity Research
Helmerich & Payne (HP) delivered solid Q3 results on the back of improving momentum in the North American land market along with increased margins in the offshore and international markets.
TechnipFMC (FTI) Beats Earnings and Revenue Estimates in Q2
by Zacks Equity Research
TechnipFMC (FTI) delivered solid Q2 results on the back of steady project executions along with increased focus on efficiencies.
ExxonMobil Discovers Oil Again in Payara-2 Offshore Guyana
by Zacks Equity Research
ExxonMobil (XOM) increases its recoverable resources in offshore Guyana again through new discovery.
Hess Corp (HES) Reports Wider-than-Expected Loss in Q2
by Zacks Equity Research
Lower gas prices push Hess Corporation (HES) to post wider-than-expected loss from continuing operations in second quarter 2017.
McDermott (MDR) Lags Q2 Earnings and Revenue, Stock Falls
by Zacks Equity Research
McDermott International Inc. (MDR) shares declined after it missed estimates in Q2 owing to escalating costs. This broke the company's stellar track record of estimate beats in the last 10 quarters.
American Midstream Inks Deal to Sell Propane Related Assets
by Zacks Equity Research
American Midstream (AMID) moved one step closer to realize its strategy of increasing long-term value assets by divesting its propane assets to SHV Energy.
Select Energy (WTTR) to Acquire Rockwater for Over $470M
by Zacks Equity Research
Select Energy (WTTR) plans to acquire Houston-based Rockwater Energy Solutions in an all-stock deal.
ExxonMobil Confronts OFAC on Violations in Russian Sanction
by Zacks Equity Research
ExxonMobil (XOM) has initiated a legal confrontation against OFAC on retroactive changes to guidance on Russian sanctions.