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Zacks News
ExxonMobil Resumes Beaumont Unit Fuel Production Post Harvey
by Zacks Equity Research
ExxonMobil (XOM) resumes fuel production at a lower rate than pre-Harvey levels. Meanwhile, upstream activities in the U.S. Gulf Coast area are back to normal.
BP Plc's (BP) Thunder Horse Platform Restores Power Supply
by Zacks Equity Research
BP Plc (BP) solves temporary power outage problem at Thunder Horse platform.
Shell to Expand Presence in Asia and Alternative Fuel Market
by Zacks Equity Research
Shell (RDS.A) is planning to expand its Asia operations while making strategies for de-carbonizing energy system.
ExxonMobil's (XOM) Harvey-Hit Beaumont Unit May Resume Work
by Zacks Equity Research
ExxonMobil's (XOM) Beaumont refinery will likely resume almost all of its operating plants by this week.
Dividend ETF (DTD) Hits New 52-Week High
by Sweta Killa
This dividend ETF hits a new 52-week high. Are more gains in store for this ETF?
Magellan Midstream Sees Biggest Gasoline Spill Due to Harvey
by Zacks Equity Research
Including the Magellan Midstream (MMP) spill, the total amount of fuel leaked in the Texas area due to Harvey is estimated at 600,000 gallons.
Oil Companies on Slippery Ground as Harvey Hampers Production
by Zacks Equity Research
The Harvey impact is evident on oil companies as some of them have already revised their guidance.
ExxonMobil Agrees to a Compromised LNG Deal with Petronet
by Zacks Equity Research
ExxonMobil (XOM) will increase supply volume by 1 million tons annually to India.
Statoil (STO) Acquires Interest in 2 Exploration Rights
by Zacks Equity Research
Statoil (STO) has increased its presence in South Africa by farming into two offshore frontier blocks, Exploration Right 12/3/252 and 12/3/257.
ExxonMobil (XOM) Assesses Harvey-Affected Baytown Unit
by Zacks Equity Research
ExxonMobil (XOM) continues with its restart initiatives at Baytown refinery, touted to be the second largest in the domestic market.
Exxon to Invest $200M in Argentina's VacaMuerta Shale Play
by Zacks Equity Research
ExxonMobil (XOM) reportedly intends to enhance natural gas output in Argentina's VacaMuerta shale play by investing $200 million.
Hess Corp Contributes $1 Million to Support Harvey Victims
by Zacks Equity Research
Hess Corp (HES) contributes significant amount for relief of residents affected by Harvey.
ExxonMobil Adds to Harvey Relief Funds, Gives a Total of $1M
by Zacks Equity Research
ExxonMobil (XOM) has contributed more for the relief of residents affected by Hurricane Harvey.
Exxon Mobil (XOM) Down 4% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
Exxon Mobil (XOM) reported earnings about a man ago. What's next for the stock? We take a look at earnings estimates for some clues.
ExxonMobil Concludes Jurong Aromatics Deal in Singapore
by Zacks Equity Research
ExxonMobil (XOM) plans to capitalize on the growing demand for petrochemical in the Asia Pacific region.
Zacks Value Trader Highlights: Exxon, Apache, Pioneer Natural Resources, QEP Resources and Range Resources
by Zacks Equity Research
Zacks Value Trader Highlights: Exxon, Apache, Pioneer Natural Resources, QEP Resources and Range Resources
Is ExxonMobil (XOM) Not Walking the Climate Change Talk?
by Zacks Equity Research
New research finds discrepancy between ExxonMobil's (XOM) actions and academic publications.
Which Oil Stocks are the Insiders Buying Like Crazy?
by Tracey Ryniec
As the oil stocks hit 52-week lows, the insiders are jumping in to buy again.
Noble's (NE) Drillship Inks Offshore Contract With ExxonMobil
by Zacks Equity Research
Noble's (NE) drillship, Noble Paul Romano, has inked a three-year contract with ExxonMobil for operations offshore Guyana at an undisclosed dayrate.
Oil Slumps Despite Big U.S. Stock Draw, Production to Blame
by Nilanjan Choudhury
While the U.S. inventory data showed a surprisingly large drawdown in crude stocks, the commodity was pressured by steadily rising domestic output.
The Zacks Analyst Blog Highlights: Statoil ASA, ConocoPhillips, Royal Dutch Shell, ExxonMobil and Marathon Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Statoil ASA, ConocoPhillips, Royal Dutch Shell, ExxonMobil and Marathon Oil
Andeavor to Construct a Pipeline in Permian Basin for $225M
by Zacks Equity Research
Andeavor (ANDV) enhances its foothold in the prolific Permian Basin by moving ahead with its plans to construct a 130 mile crude oil pipeline.
What is Saving the Oil Companies in a Low-Price Environment?
by Zacks Equity Research
Oil companies are slowly recovering using several techniques from which investors can benefit.
Noble Energy (NBL) to Offer Senior Notes in Two Tranches
by Zacks Equity Research
Noble Energy, Inc. (NBL) announced its decision to issue $600 million of 3.850% senior notes and $500 million of 4.950% senior notes for purchasing cash tender offer.
ExxonMobil's Refining Base Solid, Expensive Drilling a Woe
by Zacks Equity Research
We believe that the lucrative and extensive refining operations of ExxonMobil (XOM) will offset its heavy reliance on expensive offshore drilling activities.