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Zacks News
EQT Rubbishes JANA Claims on Rice Energy Buyout Synergies
by Zacks Equity Research
EQT Corp (EQT) has falsified the claim by investment banker JANA Partners LLC that the presentation of the combined acreage post EQT- Rice Energy merger is deceptive.
BP Midstream Partners to Raise $893M From IPO Offering
by Zacks Equity Research
BP Midstream Partners, a unit of BP plc (BP), proposes to raise funds of about $893 million from its initial public offering.
Enbridge on Track with Nexus Pipeline After FERC Approval
by Zacks Equity Research
The Nexus project is likely to create 6,800 jobs and have significant economic impact.
Pioneer (PXD) Output Jumps in Q3 as Permian Work Ramps Up
by Zacks Equity Research
Although Pioneer Natural's (PXD) Q3 output was lower than the Zacks Consensus Estimate, production surged sequentially and year over year.
Enbridge Strongly Opposes Minnesota Board's View on Line 3
by Zacks Equity Research
Enbridge (ENB) wants to increase safety and capacity in its Line 3 oil pipeline in Minnesota.
Williams Partners to Expand Footprint in West Virginia
by Zacks Equity Research
With a contract for gathering and processing works from Southwestern Energy, Williams Partners (WPZ) is expected to generate fee-based revenues.
Tullow to Gain from Ivory Coast Onshore Block Acquisition
by Zacks Equity Research
Tullow (TUWOY) increases its presence in Ivory Coast with its latest onshore acquisition.
Enterprise Products (EPD) Hikes Quarterly Cash Distribution
by Zacks Equity Research
Enterprise Products Partners' (EPD) board of directors announces a 4.3% year-over-year increase in its quarterly cash distribution.
Why Hold Strategy is Apt for Apache (APA) Stock Right Now
by Zacks Equity Research
Apache's geographically diversified reserve base will offset commodity pricing weakness.
Ormat Technologies Powers 2nd Geothermal Unit in Indonesia
by Zacks Equity Research
Ormat Technologies (ORA) to benefit from strong backlog and international operations as it powers second unit of Sarulla geothermal power plant in Indonesia.
Chevron to Deliver Kaybob Duvernay NGL to Keyera Terminal
by Zacks Equity Research
Chevron???s (CVX) NGL will likely be delivered to the terminals of Keyera for storage and fractionation works.
Enbridge Energy (EEP) Q2 Earnings Beat, Revenues Decline Y/Y
by Zacks Equity Research
Enbridge Energy's (EEP) second-quarter 2017 results were driven by higher transportation volumes on the Lakehead system, partly negated by assets sale.
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).
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.
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.
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.
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.
Transocean Secures Quadrant Energy Contract in Australia
by Zacks Equity Research
Transocean (RIG) received a contract from Australia's Quadrant for drilling in offshore Western Australia.
Kinder Morgan (KMI) Earnings In Line, Revenues Beat in Q2
by Zacks Equity Research
Kinder Morgan's (KMI) second-quarter 2017 earnings meet estimates. Revenues beat on increased contribution from the liquid terminals and successful initial public offering of its Canadian business.
Eni (E) Receives Permit to Restart Operations at Val d'Agri
by Zacks Equity Research
Eni (E) restarts operations at Val d'Agri Oil Center. Receives permit from the Regional Council of the Basilicata Region and reiterates commitment to safety.