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Zacks News
Will ConocoPhillips (COP) Disappoint this Earnings Season?
by Zacks Equity Research
ConocoPhillips' (COP) third-quarter production is expected to decrease following several divestures.
Schlumberger (SLB) Posts In-Line Q3 Earnings, Revenues Miss
by Zacks Equity Research
Strong demand for directional drilling in the land market of North America supported Schlumberger's (SLB) Q3 numbers.
Why You Shouldn't Bet Against Cenovus Energy (CVE) Stock
by Zacks Equity Research
Cenovus Energy (CVE) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective.
Cenovus Ties Up With Nozomi Networks to Boost Cyber Security
by Zacks Equity Research
Cenovus (CVE) opts for superior cyber security as data breach is on the rise.
Cenovus Divests Suffield Assets to International Petroleum
by Zacks Equity Research
Cenovus (CVE) takes the next step following its strategy to divest $5 billion worth of assets.
The Zacks Analyst Blog Highlights: Jones Energy, Willbros Group, Noble, TETRA Technologies and Cenovus Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Jones Energy, Willbros Group, Noble, TETRA Technologies and Cenovus Energy
The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Cenovus Energy, Canadian Natural Resources and Patterson-UTI Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: BP, Royal Dutch Shell, Cenovus Energy, Canadian Natural Resources and Patterson-UTI Energy
Oil & Gas Stock Roundup: BP Launches U.S. Pipeline IPO, Shell Enters Mexican Fuel Market
by Nilanjan Choudhury
BP (BP) said it would spin off its U.S. pipeline assets and take it public, while Shell (RDS.A) opened its first service station in Mexico as it gets ready to pour $1 billion in the country.
Cenovus to Sell Pelican Assets to Canadian Natural for C$975M
by Zacks Equity Research
Cenovus (CVE) takes one step closer to the C$5 billion series of planned divestitures.
Canadian Natural Likely to Acquire Cenovus' Pelican Assets
by Zacks Equity Research
Canadian Natural (CNQ) has an opportunity to increase its presence in the Pelican Lake oil assets.
TransCanada (TRP) to Take a Call on Keystone XL by Year End
by Zacks Equity Research
TransCanada (TRP) is assessing the importance of its $7 billion Keystone XL pipeline and will reach a decision by the end of 2017.
Why Cenovus Energy (CVE) Might Surprise This Earnings Season
by Zacks Equity Research
Cenovus Energy (CVE) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP ahead of earnings.
How Cenovus Energy (CVE) Stock Stands Out in a Strong Industry
by Zacks Equity Research
Cenovus Energy (CVE) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
Oil & Gas Stock Roundup: Cheniere Starts Korea Gas Export, Jones Energy Sells Non-Core Assets
by Nilanjan Choudhury
It was a week where oil prices plunged into bear territory amid continued U.S. production boom, while natural gas futures slipped below the psychologically important $3 threshold.
Cenovus Hit by CEO Retirement, ConocoPhillips Deal Plans
by Zacks Equity Research
Shares Cenovus Energy Inc (CVE) fell 8.6% to eventually close at $7.12 on Jun 20 amid the announcement of the retirement of the company's CEO along with the much criticized deal with ConocoPhillips.
Enbridge (ENB) JV Alliance Pipeline Announces Force Majeure
by Zacks Equity Research
Enbridge (ENB) and Calgary-based energy infrastructure company Veresen's joint venture, Alliance Pipeline, recently announced force majeure on its export pipeline connecting Chicago.
Canada Oil Sands Likely to See More Chinese Investment
by Zacks Equity Research
Canada is encouraging Chinese companies to invest in its oil sands.
Apache (APA) Offloads Canadian Light Oil Assets Worth $244M
by Zacks Equity Research
Apache Corporation (APA) is selling its Canadian light oil assets to Calgary-based Cardinal Energy Ltd. for C$330 million ($244 million).
ConocoPhillips Concludes Asset Divestment to Cenovus Energy
by Zacks Equity Research
ConocoPhillips (COP) recently announced that it has concluded its earlier announced transaction with Cenovus Energy Inc. (CVE) pertaining to the divestment of the company's 50% non-operated interest in the Foster Creek Christina Lake ("FCCL") oil sands partnership as well as the majority of its western Canada Deep Basin gas assets.
Cabot (COG) Beats on Earnings, Revenue Estimates in Q1
by Zacks Equity Research
Cabot Oil & Gas Corp. (COG) reported first quarter earnings per share -- adjusted for special items -- of 19 cents, surpassing the Zacks Consensus Estimate of 16 cents.
Nabors (NBR) Misses on Q1 Earnings, Revenue Estimates
by Zacks Equity Research
Nabors Industries Ltd. reported first-quarter 2017 adjusted loss from continuing operations of 49 cents per share, wider than the Zacks Consensus Estimate of a loss of 34 cents on Apr 26.
Suncor (SU) Beats on Q1 Earnings, Revenues Miss Estimates
by Zacks Equity Research
Suncor Energy Inc. (SU) reported first-quarter 2017 operating earnings per share of 37 U.S. cents, which beat the Zacks Consensus Estimate of 23 U.S. cents.
Marathon Petroleum (MPC) Earnings Surprise in Q1, Sales Lag
by Nilanjan Choudhury
Refiner Marathon Petroleum (MPC) reported a surprise profit for its first quarter, thanks in part to its fast-growing pipeline segment.
TechnipFMC (FTI) Q1 Earnings Beat, Announces Stock Buyback
by Nilanjan Choudhury
Oil drilling equipment maker TechnipFMC (FTI) beat earnings expectations and announced a $500 million stock-repurchase plan.
National Oilwell Varco (NOV) Q1 Loss Narrower than Expected
by Nilanjan Choudhury
Energy equipment supplier National Oilwell Varco's (NOV) first-quarter loss came in narrower-than-expected as it gained from the reactivation of North American rigs.