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Zacks News
Stock Market News For Sep 18, 2019
by Zacks Equity Research
Benchmarks closed in the positive territory on Tuesday as crude oil prices dropped as impact on Saudi Aramco???s attack faded.
Oil & Gas Stock Roundup: Energy Transfer's Acquisition, ExxonMobil's Guyana Oil Find & More
by Nilanjan Choudhury
Midstream biggie Energy Transfer (ET) said on Monday it would buy SemGroup (SEMG) for $5.1 billion. Meanwhile, supermajor ExxonMobil (XOM) confirmed its 14th oil discovery off the coast of Guyana.
Stock Market News For Sep 17, 2019
by Zacks Equity Research
Benchmarks closed in the negative territory on Monday after oil prices soar due to attack on Saudi oil production facilities.
Energy Transfer Boosts Midstream Services Via SemGroup Buyout
by Zacks Equity Research
Energy Transfer's (ET) acquisition of SemGroup will make it a stronger midstream service provider in the United States.
ExxonMobil Strikes Oil Offshore Guyana for the 14th Time
by Zacks Equity Research
ExxonMobil's (XOM) Tripletail-1 well, which is drilled at a depth of 2,003 meters of water, is located about five kilometers northeast of the Longtail discovery.
Exxon Mobil (XOM) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Exxon Mobil (XOM) closed the most recent trading day at $73.73, moving +1.5% from the previous trading session.
E-Fracs Hold Promise But Do Not Appear Appealing to Industry
by Kaibalya Pravo Dey
E-Fracs can reduce the cost of fracking in a well by $350,000 from $6-$8 million standard cost per well for oil and gas producers.
5 Oil Stocks to Win Big as Prices Jump on Middle East Tension
by Nalak Das
The drone attack on Saudi Arabia could have a far-reaching impact on oil prices as it eliminated roughly 5% of daily oil supply globally and it is not possible to mitigate these losses immediately.
U.S. Biofuels Policy: Oil & Corn Industries Fight It Out
by Nilanjan Choudhury
Farm groups and ethanol organizations are angered by the sharp increase in exemptions provided by the Andrew Wheeler-led Environmental Protection Agency to the oil refiners.
ExxonMobil-Led Consortium Wins 3 Brazil Deepwater Blocks
by Zacks Equity Research
ExxonMobil (XOM) along with Murphy Oil and Enauta consents to pay $1.9 million for purchasing SEAL-M-505, SEAL-M-575 and SEAL-M-637 blocks in the offshore Sergipe-Alagoas Basin.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero
US Solar Consumption on the Rise: 3 Stocks to Buy
by Sanhita Banerjee
Recent developments in the solar industry are making solar stocks attractive investment options.
U.S. Oil Ends Lower Even as EIA Reveals Drop in Inventories
by Nilanjan Choudhury
While EIA reports the fourth straight weekly inventory decline, crude prices fall after OPEC cut its forecast for oil demand growth this year and next.
The Zacks Analyst Blog Highlights: Apple, Exxon, AT&T, Cardinal and ANSYS
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Exxon, AT&T, Cardinal and ANSYS
Groningen Gas Field to be Phased Out 8 Years Before Schedule
by Zacks Equity Research
Production from the Groningen gas field, run by Royal Dutch Shell (RDS.A) and ExxonMobil (XOM), will be active through 2026 if there is high demand for the commodity during bitter cold winters.
ExxonMobil to Divest GoM Assets to Repsol for Around $1B
by Zacks Equity Research
ExxonMobil (XOM) can use the proceeds from the divestment of GoM assets to focus on better opportunities in the Permian and offshore Guyana.
Top Stock Reports for Apple, Exxon Mobil & AT&T
by Mark Vickery
. Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Exxon Mobil (XOM) and AT&T (T).
Plains All American Pipeline Issues Notes to Refinance Debt
by Zacks Equity Research
Plains All American Pipeline (PAA) is set to issue notes to refinance outstanding debt and for general partnership purposes.
FuelCell Energy (FCEL) Posts Narrower-Than-Expected Q3 Loss
by Zacks Equity Research
FuelCell Energy's (FCEL) third-quarter fiscal 2019 revenues increase on a year-over-year basis owing to license agreement with ExxonMobil.
Exxon Mobil (XOM) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Exxon Mobil (XOM) closed at $71.49, marking a +0.79% move from the previous day.
ExxonMobil to Divest Oil & Gas Resources in Norway For $4B
by Zacks Equity Research
ExxonMobil's (XOM) decision to sell Norway oil & natural gas assets reflects strong focus on boosting oil equivalent volumes from American onshore shale resources.
The Zacks Analyst Blog Highlights: Exxon, Microsoft, Apple and Amazon.com
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon, Microsoft, Apple and Amazon.com
ExxonMobil Drops Out of Top 10 in S&P 500, Tech Stocks Shine
by Kaibalya Pravo Dey
ExxonMobil (XOM) along with oil energy stocks make way for technology giants in the S&P 500 stock Index.
Should You Invest in the Fidelity MSCI Energy Index ETF (FENY)?
by Sweta Killa
Sector ETF report for FENY
TOTAL Gets Nod to Go Ahead With Papua New Guinea LNG Project
by Zacks Equity Research
TOTAL (TOT) gets approval to go ahead with the $13-billion Papua New Guinea LNG project, which will help it to benefit from rising demand of LNG in emerging economies.