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Zacks News
Statoil (STO), YPF Finalize Deal to Develop Vaca Muerta Play
by Zacks Equity Research
Statoil (STO) agrees to reimburse $30 million for the expenses incurred by YPF in relation to Vaca Muerta play. Also, the company will pay $270 million for future capital expenditure.
Oil Yield at Norway Highly Dependent on Larger Finds
by Zacks Equity Research
In 2017, Norway's oil yield rose for the fourth consecutive year. However, this is highly dependent on larger finds, as explorers continue to reduce spending.
Chevron (CVX) to Resume Drilling Operations in Kurdistan
by Zacks Equity Research
Chevron (CVX) stalled operations in the region in October 2017 owing to increasing dispute.
Kinder Morgan (KMI) Beats Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Kinder Morgan's (KMI) fourth-quarter 2017 results gain from higher contribution from Elba Express pipeline and the liquid terminals.
BP to Cough Up Additional $1.7B in Charges for 2010 Oil Spill
by Zacks Equity Research
BP is expected to pay an additional charge of about $1.7 billion for the remaining BEL and other claims related with the CSSP.
ExxonMobil-MagnaBond to Develop Well Abandonment Technology
by Zacks Equity Research
ExxonMobil (XOM) and MagnaBond ink three-year agreement to develop technology to evaluate well cementing, casing and tubing in a cost-effective manner.
ExxonMobil (XOM) Finds Hydrocarbons in P'nyang South-2 Well
by Zacks Equity Research
ExxonMobil (XOM) adds resources to its existing onshore Papua New Guinea find by confirming the presence of hydrocarbons in P'nyang South-2 well.
Enterprise (EPD) Hikes Dividend, Banks on Transportation
by Zacks Equity Research
Enterprise's (EPD) raises dividend of 425 cents per common unit for the fourth quarter by 3.7% annually and 5.85% sequentially.
Ensco Prices Upsized $1B Offering of Senior Notes Due 2026
by Zacks Equity Research
Ensco's (ESV) 7.75% Senior Notes due 2026 has been priced on par. The principal amount of the offering has been upsized to $1 billion.
Oceaneering, Statoil Ink Deal for Johan Castberg Project
by Zacks Equity Research
The umbilicals of Oceaneering (OII) will likely supply electricity for operating the subsea wells.
Valero or Phillips 66: Which is a Better Pick for 2018?
by Zacks Equity Research
Refiners stand out amid the current downturn in the energy turmoil and are set to gain from the implementation of new tax law.
Energy Transfer (ETP) Arm's Mariner East 2 Suffers Setback
by Zacks Equity Research
The construction permits associated with the pipeline has been temporarily suspended since Energy Transfer (ETP) has failed to comply with the Clean Streams Law and the Dam Safety Act.
Shell Vends Stake in Borssele Wind Project to Partners Group
by Zacks Equity Research
Shell (RDS.A) remains on track to meet its $30-billion global divestment target by 2018, having completed more than $23-billion divestment deals.
3 Reasons Why Statoil ASA (STO) is a Great Momentum Stock
by Zacks Equity Research
Statoil ASA (STO) stock is looking quite impressive for momentum-oriented investors as it has favorable price performance and is also seeing positive estimate revisions.
The Zacks Analyst Blog Highlights: Statoil, Micron and DXC Technology
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Statoil, Micron and DXC Technology
Williams Partners' Transco Pipeline Sets Gas Delivery Record
by Zacks Equity Research
Williams Partners (WPZ) transported a record-breaking 15.58 MMdt on the back of Big 5 expansions executed in 2017.
Enterprise to Expand Butane Isomerization Capacity in Texas
by Zacks Equity Research
Backed by long-term agreements, Enterprise (EPD) plans to expand capacity at butane isomerization facility in Mont Belvieu, TX.
The Best Party in a Decade
by John Blank
While it's tempting to say "same old, same old" as markets smash another host of milestones and records, you still have to take a step back and assess what???s happening.
Hess (HES) Discovers Oil in Stabroek Block, Offshore Guyana
by Zacks Equity Research
Hess' success with the sixth well, Ranger-1, in the Stabroek Block, offshore Guyana, raises resource estimate in the block.
Kinder Morgan (KMI) Seeks FERC Nod for Increasing Gas Flow
by Zacks Equity Research
Kinder Morgan (KMI) subsidiary has requested FERC's approval to expand the flow of Pemex Border Crossing Facility.
Statoil ASA, Signet Jewelers, TD Ameritrade Holding and E*TRADE Financial highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Statoil ASA, Signet Jewelers, TD Ameritrade Holding and E*TRADE Financial highlighted as Zacks Bull and Bear of the Day
Bull of the Day: Statoil (STO)
by David Bartosiak
Energy prices are on the move and this stock is well positioned to take advantage
5 Oil Stocks that Outperformed the Commodity in December
by Nilanjan Choudhury
Oil rose about 5.3% in December to end the month and year at $60.42 per barrel.
Shell (RDS.A) Calls off Demark Refinery Unit Divestment Deal
by Zacks Equity Research
Shell (RDS.A) remains on track to meet its $30-billion global divestment target by 2018, having completed more than $23 billion divestment deals.
Top Ranked Income Stocks to Buy for January 2nd
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 2nd: