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Zacks News
Tallgrass Energy Raises Stake in Rockies Express Pipeline
by Zacks Equity Research
Tallgrass Energy Partners, LP (TEP) recently acquired 25% stake in the interstate pipeline company, Rockies Express Pipeline LLC which is a subsidiary of Tallgrass Development, LP, the pipeline's operator.
Zacks Industry Outlook Highlights: Ultra Petroleum, Comstock Resources, ONEOK Partners, PBF Energy and Murphy USA
by Zacks Equity Research
Zacks Industry Outlook Highlights: Ultra Petroleum, Comstock Resources, ONEOK Partners, PBF Energy and Murphy USA
Ultra Petroleum (UPLMQ) Exits Bankruptcy; Issues Outlook
by Zacks Equity Research
Ultra Petroleum Corp. (UPLMQ) recently won court's approval on Chapter 11 exit plan.
Is it Worth Holding Schlumberger (SLB) in Your Portfolio?
by Zacks Equity Research
We issued an updated research report on oilfield services player, Schlumberger Limited (SLB) on Mar 6, 2017.
U.S. Rig Count Rises for Seven Consecutive Weeks
by Zacks Equity Research
In the U.S., the total number of rigs increased from the previous week owing to an increase number of land and offshore rigs.
Sinopec to Spend $29 Billion on Upgrade of Refinery Units
by Zacks Equity Research
In a bid to produce high quality fuel, Sinopec group, the parent of China Petroleum & Chemical Corporation (SNP), has decided to spend as much as $29 billion to upgrade four refining bases through 2020.
NuStar's Diversified Asset Base Impresses, High Debt a Drag
by Zacks Equity Research
On Mar 2, we issued an updated research report on Nustar Energy L.P. (NS).
McDermott Receives Subsea Contract from Hess Corporation
by Zacks Equity Research
McDermott International Inc. (MDR) recently reported that it has been awarded an offshore subsea contract by Hess Corporation (HES).
5 of the Best Stocks Under $10 for 2017
by Ryan McQueeney
Today we've highlighted five stocks that are currently trading for under $10 per share. These stocks are also showing signs for solid growth in 2017, and all of them currently hold a Zacks Rank #2 (Buy) or better ranking.
Marathon Petroleum (MPC) Divests Assets Worth $2 Billion
by Zacks Equity Research
Oil and natural gas exploration and production (E&P) company, Marathon Petroleum Corporation (MPC) recently announced that it has divested of some of its terminal, pipeline and storage assets to MPLX LP (MPLX).
EOG Resources (EOG) Posts Narrower-than-Expected Q4 Loss
by Zacks Equity Research
EOG Resources Inc. (EOG) reported fourth-quarter 2016 adjusted loss of 1 cent per share, narrower than both the Zacks Consensus Estimate of a loss of 16 cents and year-ago quarter loss of 27 cents.
BP Plc's (BP) 5-Year Cash Flow Projection Looks Impressive
by Zacks Equity Research
BP plc (BP) recently came in the spotlight owing to its impressive cash flow projection for the next five years from its major operating units.
SeaDrill (SDRL) Q4 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Offshore contract driller SeaDrill Limited (SDRL) reported strong fourth-quarter 2016 earnings owing to a decrease in operating expenses.
TC PipeLines (TCP) Q4 Earnings and Revenues Miss Estimates
by Zacks Equity Research
Pipeline operator TC PipeLines LP (TCP) reported fourth-quarter 2016 earnings per unit (EPU) of 70 cents that missed the Zacks Consensus Estimate of 73 cents.
Comstock Resources (CRK) Loss Wider than Expected in Q4
by Zacks Equity Research
Domestic energy explorer Comstock Resources Inc. (CRK) reported fourth-quarter 2016 loss of $2.58 per share (excluding one-time items), substantially wider than the Zacks Consensus Estimate of a loss of $1.37.
Stone Energy (SGY) Incurs Wider-than-Expected Loss in Q4
by Zacks Equity Research
Stone Energy Corp. (SGY) posted fourth-quarter 2016 loss of $4.88 per share (excluding impairment charges), substantially wider than the Zacks Consensus Estimate of a loss of $3.91.
Cabot Oil & Gas Q4 Earnings in Line with Estimates, Sales Lag
by Nilanjan Choudhury
Domestic energy explorer Cabot Oil & Gas (COG) matched fourth-quarter earnings estimates and reported an increase in proved reserves.
SM Energy (SM) Incurs Narrower-than-Expected Loss in Q4
by Zacks Equity Research
SM Energy Company (SM) posted fourth-quarter 2016 adjusted loss of 31 cents per share, narrower than the Zacks Consensus Estimate of 39 cents.
QEP Resources (QEP) Posts Narrower-than-Excepted Loss in Q4
by Zacks Equity Research
Domestic energy explorer, QEP Resources Inc. (QEP) reported loss per share - excluding special items - of 15 cents, narrower than the Zacks Consensus Estimate of a loss of 22 cents.
Chesapeake Energy (CHK) Q4 Earnings Beat, Reserves Grow
by Zacks Equity Research
Chesapeake Energy Corporation (CHK) reported better-than-expected fourth-quarter 2016 results on considerably low operating expenses and increased price realizations for oil and natural gas.
Energy Transfer Partners (ETP) Posts Q4 Loss, Revenues Beat
by Zacks Equity Research
Natural gas pipeline operator Energy Transfer Partners LP (ETP) reported fourth-quarter 2016 loss of 7 cents per limited partner unit.
Range Resources (RRC) Q4 Earnings Beat Estimates, Fall Y/Y
by Zacks Equity Research
Range Resources Corporation (RRC) reported better-than-expected fourth-quarter 2016 earnings owing to significantly low expenses and increased production.
Nabors (NBR) Q4 Loss Narrower Than Expected, Revenues Meet
by Zacks Equity Research
On Feb 22, Nabors Industries Ltd. (NBR) reported fourth-quarter 2016 adjusted loss from continuing operations of 30 cents per share,
McDermott (MDR) Q4 Earnings and Revenues Beat Estimates
by Zacks Equity Research
McDermott International Inc. (MDR) reported earnings of 2 cents per share in fourth-quarter 2016, which compared favorably with the Zacks Consensus Estimate of a loss of a penny.
Matador (MTDR) Inks Midstream JV with Five Point Capital
by Zacks Equity Research
Matador Resources Company (MTDR) recently entered into a joint venture with Five Point Capital Partners for the development and expansion of the Delaware Basin midstream assets of the former.