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energy: Archive
Subsea7 (SUBCY) Secures Major Contract in US Gulf of Mexico
by Zacks Equity Research
Subsea7 (SUBCY) is responsible for the engineering, procurement, construction and offshore installation of subsea infrastructure for the U.S. Gulf of Mexico project.
WMBPositive Net Change SMPositive Net Change MPLXPositive Net Change SUBCYPositive Net Change
energy oil-energy
APA Plans Permian Basin Assets Sale at $1 Billion to Cut Debt
by Zacks Equity Research
APA plans to sell its Permian Basin drilling assets, valued at around $1 billion, to focus on shale operations and reduce its substantial $6-$7 billion debt.
WMBPositive Net Change APAPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Halliburton (HAL) Nearing 52-Week Low: What Should Investors Do?
by Nilanjan Choudhury
Halliburton (HAL) anticipates a 6% to 8% decline in full-year North America revenues from 2023 due to continued lower rig counts and service activity levels.
SLBPositive Net Change HALPositive Net Change BKRPositive Net Change
energy oil-energy
BP and Orlen Reach Crude Supply Agreement for Polish Ports
by Zacks Equity Research
BP secures a major crude supply deal with Orlen, providing 6 million metric tons of oil from its Norwegian fields. The first deliveries under the agreement are slated to begin in September.
WMBPositive Net Change BPPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Eni (E) Begins Gas Production From Major Argo Cassiopea Project
by Zacks Equity Research
Eni (E) starts gas production at the Argo Cassiopea field in Sicily, a project expected to supply up to 1.5 billion cubic meters of gas annually, marking a key step in Italy's energy strategy.
WMBPositive Net Change EPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Shell (SHEL) Approves Waterflood Project to Boost Output at Vito
by Zacks Equity Research
Shell (SHEL) believes that the waterflood project will contribute to additional production of high-margin, lower-carbon barrels and maximize the potential of the Vito field.
WMBPositive Net Change SMPositive Net Change MPLXPositive Net Change SHELPositive Net Change
energy oil-energy
Blue Dolphin (BDCO) Q2 Earnings Decline, Revenues Rise Y/Y
by Zacks Equity Research
Blue Dolphin's (BDCO) Q2 earnings results reflect the negative impacts of lower refining margins, and reduced throughput and production volumes at the Nixon refinery.
BDCOPositive Net Change
earnings energy oil-energy
Natural Gas Prices Remain Weak Despite Rare Summer Withdrawal
by Nilanjan Choudhury
Based on several factors impacting the natural gas market, we recommend investors hold on to stocks like Coterra Energy (CTRA) and Cheniere Energy (LNG).
APAPositive Net Change EQTPositive Net Change LNGPositive Net Change CTRAPositive Net Change
energy oil-energy
SLB Expands Russian Operations Despite Competitor Withdrawal
by Zacks Equity Research
Following Russia's invasion of Ukraine, SLB is expanding its Russian operations, signing new contracts and recruiting staff despite Western competitors exiting the market.
WMBPositive Net Change SLBPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Petrobras (PBR) Q2 Earnings in Line on Production Growth
by Zacks Equity Research
As of Jun 30, 2024, Petrobras (PBR) records a net debt of $46,160 million. The company ends the quarter with cash and cash equivalents of $7,884 million.
CVXPositive Net Change COPPositive Net Change PBRNegative Net Change MPCPositive Net Change
earnings energy oil-energy
Is VWEAX a Strong Bond Fund Right Now?
by Zacks Equity Research
MF Bond Report for VWEAX
VWEAXPositive Net Change
bond energy mutual-funds
Southern's (SO) Unit Elevates Grid Reliability With UAS Tech
by Zacks Equity Research
Southern's (SO) division Georgia Power enhances grid reliability using unmanned aerial systems (drones) for safer, faster and cost-effective transmission line inspections across Georgia.
SONegative Net Change ATOPositive Net Change SJWPositive Net Change EONGYPositive Net Change
energy utilities
TC Energy (TRP) Concludes Sale of Natural Gas Assets Worth $1B
by Zacks Equity Research
TC Energy (TRP) states that the sale of the Portland Natural Gas Transmission System is part of its commitment to deliver $3 billion in asset divestitures.
WMBPositive Net Change SMPositive Net Change TRPPositive Net Change MPLXPositive Net Change
energy oil-energy
Battalion Oil (BATL) Earnings & Revenues Decline Y/Y in Q2
by Zacks Equity Research
A decrease in average daily production and lower natural gas prices hurt Battalion Oil's (BATL) earnings in Q2.
BATLPositive Net Change
earnings energy oil-energy
PrimeEnergy (PNRG) Earnings & Revenues Increase Y/Y in Q2
by Zacks Equity Research
A significant y/y rise in oil sales, reflecting higher production volumes and improved pricing, aid PrimeEnergy's (PNRG) earnings in Q2.
PLPCPositive Net Change
earnings energy oil-energy
Shell (SHEL), PetroChina Surat Gas Project Expansion Underway
by Zacks Equity Research
This development aligns with Shell's (SHEL) broader strategy to grow its LNG business by 20-30% by 2030.
CVXPositive Net Change LNGPositive Net Change SHELPositive Net Change
energy oil-energy
BP Presses FERC on Venture Global's LNG Plant Startup Delay
by Zacks Equity Research
BP tells U.S. regulators that Venture Global's Calcasieu Pass LNG facility does not require more time for its official startup, challenging the developer's delay in fulfilling long-term contracts while gaining from spot sales.
WMBPositive Net Change BPPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
ExxonMobil's (XOM) Seventh Guyana Oil Project Set for 2025
by Zacks Equity Research
ExxonMobil's (XOM) seventh offshore oil project in Guyana, Hammerhead, is expected to increase its production capacity by 180,000 bpd, with the development plan set for early 2025.
WMBPositive Net Change XOMPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Chevron (CVX) to Pay $550M Settlement Over Richmond Refinery
by Zacks Equity Research
Chevron (CVX) agrees to pay $550 million over 10 years as a settlement to Richmond City Council for withdrawing a proposed tax on its Richmond refinery.
WMBPositive Net Change CVXPositive Net Change SMPositive Net Change MPLXPositive Net Change
energy oil-energy
Don't Ignore These 3 Large-Cap Energy Stocks Yielding Over 4%
by Nilanjan Choudhury
Large-cap companies The Williams Companies (WMB), Chevron (CVX) and Canadian Natural Resources (CNQ) present an opportunity for long-term stability and reliable returns in the energy space.
WMBPositive Net Change CVXPositive Net Change CNQPositive Net Change
energy oil-energy
Suncor Energy (SU) Q2 Earnings Rise Y/Y, Sales Top Estimates
by Zacks Equity Research
Suncor Energy (SU) anticipates production in the range of 770,000-810,000 boe/d and capital expenditures in the band of C$6.3-C$6.5 billion for 2024.
HALPositive Net Change SUPositive Net Change KMIPositive Net Change LBRTPositive Net Change
earnings energy oil-energy
BP, Golar LNG Settle Payment Dispute & Expedite FLNG Operations
by Zacks Equity Research
BP and Bermuda-based Golar LNG have resolved a payment dispute over the FLNG Gimi, slated to operate at the Greater Tortue Ahmeyim project off Mauritania and Senegal. The agreement is aimed at accelerating the first LNG production, expected in Q4 2024.
WMBPositive Net Change BPPositive Net Change SMPositive Net Change NOGPositive Net Change
energy oil-energy
Marathon (MRO) Q2 Earnings Miss Despite Oil Price Improvement
by Zacks Equity Research
Marathon Oil (MRO) spends $665 million in capital and exploratory expenditures during the quarter and rakes in $364 million in adjusted free cash flow.
COPPositive Net Change MROPositive Net Change APAPositive Net Change EQTPositive Net Change
earnings energy oil-energy
Delek (DK) Q2 Loss Narrower Than Expected, Sales Decline Y/Y
by Zacks Equity Research
Delek (DK) expects a total crude throughput of 290,000-305,000 barrels per day and a total throughput of 301,000-315,000 barrels per day in the third quarter.
HALPositive Net Change DKPositive Net Change KMIPositive Net Change LBRTPositive Net Change
earnings energy oil-energy
Repsol (REPYY) Taps Honeywell to Boost Biofuels Production
by Zacks Equity Research
Repsol (REPYY) plans to leverage Honeywell's (HON) advanced technologies to transform waste materials like fats, oils, greases, biomass and solids into biofuels and advanced chemicals.
HONPositive Net Change BGPositive Net Change REPYYPositive Net Change
energy oil-energy