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Zacks News
Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B
by Zacks Equity Research
Enbridge's (ENB) assets in the divestment have a total capacity of 3.3 Bcf/day and 3,550 kilometer of natural gas gathering pipelines.
ConocoPhillips Swaps Assets With BP, Expands Alaska Base
by Zacks Equity Research
ConocoPhillips (COP) will acquire BP???s 39.2% stake in the Greater Kuparuk oil field and expand its base in Alaska.
BP Brings Shah Deniz 2 Gas Development Online in Azerbaijan
by Zacks Equity Research
Shah Deniz 2, BP's largest upstream project in 2018, will help the company reach production target of 900,000 barrels of oil by 2021.
Eni (E) to Merge With Point Resources to Form Vaar Energi
by Zacks Equity Research
Eni's (E) attempt to strengthen presence in the Norwegian waters will facilitate expansion of portfolio through future exploration bid rounds and M&A transactions.
Hess (HES) to Divest Interest in Utica Shale Play for $400M
by Zacks Equity Research
Hess' (HES) agreement to sell joint venture interest of Utica shale play is in sync with the strategy to focus on profitable projects which will boost prospects.
Enbridge Receives PUC Nod for Line 3 Replacement Project
by Zacks Equity Research
PUC approves Enbridge's (ENB) replacement plan with minor alterations and certain conditions. However, protestors state that the project is a threat to the environment.
5 Reasons to Add Northern Oil and Gas to Your Portfolio
by Zacks Equity Research
Northern Oil and Gas (NOG) seems a solid investment pick, promising better returns for investors on five factors.
The Zacks Analyst Blog Highlights: ConocoPhillips, HollyFrontier, Northern Oil and Gas, Talos Energy and Occidental Petroleum
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ConocoPhillips, HollyFrontier, Northern Oil and Gas, Talos Energy and Occidental Petroleum
Should VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for CDC
ExxonMobil, Co-Venturers Initiate Marketing of Rovuma LNG
by Zacks Equity Research
ExxonMobil (XOM) and co-venturers are in talks to bind sales and purchase agreements for the Rovuma LNG with some affiliated buyers of the Area 4.
U.S. Crude Crosses $70 on Supply Fears: 5 Top-Ranked Picks
by Swarup Gupta
Reports emerged that the United States is urging countries to stop importing oil from Iran by November.
Eni (E) Discovers Oil in Kalimba-1 NFW, Offshore Angola
by Zacks Equity Research
Eni's (E) discovery of oil in southern part of Block 15/06, in the Kalimba well, raises prospects for oil exploration.
Kinder Morgan to Channelize Permian Yield Via PHP Project
by Zacks Equity Research
The PHP project will provide Kinder Morgan (KMI) a channel to transport higher natural gas production from the Permian Basin to emerging market areas along the Texas Gulf Coast.
SM Energy (SM) Releases Q2 Operational Updates, Raises View
by Zacks Equity Research
SM Energy (SM) projects higher-than-expected second-quarter production volumes, courtesy of outstanding performance at the Midland Basin.
Petrobras (PBR) Loses Wage Lawsuit, to Pay $4.5 Billion
by Zacks Equity Research
The ruling in favor of the workers is likely to result in wage increase of around 35% for 59,000 employees of Petrobras (PBR).
Sinopec, Albemarle Ink Non-Binding Accord for Hydrocracking
by Zacks Equity Research
Sinopec's (SNP) subsidiaries and Albemarle will develop effective solutions for heavy feedstock hydrocracking for the global refining industry.
BP Inks Deal to License Latest PTA Technology to Xinfengming
by Zacks Equity Research
BP and Xinfengming also sign a MoU to extend strategic co-operation along the polyester raw materials value chain.
Enterprise Products Includes Vessel Fueling Services at EHT
by Zacks Equity Research
Enterprise Products' (EPD) fueling service at EHT indicates its capability and commitment toward upgrade of facilities.
Hess (HES) Discovers Oil in Longtail-1 Exploration Well
by Zacks Equity Research
Hess (HES) projects the combined gross recoverable resources of Turbot and Longtail to surpass 500 million barrels of oil equivalent.
Equinor to Foray into Solar Power with Guanizul 2A Buyout
by Zacks Equity Research
Equinor's (EQNR) acquisition of G2Asolar asset is in sync with its strategy to balance oil and gas portfolio with renewable energy sources.
SandRidge Energy (SD) Looks Good: Stock Adds 7.5% in Session
by Zacks Equity Research
SandRidge Energy (SD) shares rose nearly 8% in the last trading session, amid huge volumes.
Occidental Petroleum (OXY): An Off-the-Radar Potential Winner
by Zacks Equity Research
Although overlooked by the investors, Occidental Petroleum (OXY) looks well-positioned for a solid gain, supported by a favorable Zacks rank and positive estimate revisions.
Rowan Grants Jackup to ARO Drilling on Lease for 3 Years
by Zacks Equity Research
ARO Drilling leases Rowan's (RDC) Super Gorilla XL Class jack-up rig for a contract with Saudi Aramco. This move will help the company participate in the growing market of Saudi Arabia.
Stock Market News For Jun 19, 2018
by Zacks Equity Research
The Dow and the S&P 500 declined modestly on Monday, as trade war fears once again escalated making investors jittery.
Will OPEC Relax Output Curbs? Oil Stocks in Focus
by Nalak Das
Higher oil price and higher volume sales will significantly increase revenues of U.S. oil majors.