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energy: Archive

Zacks Equity Research

Kinetik (KNTK) to Expand Operations in North Delaware Basin

Kinetik's (KNTK) acquisition of Durango doubles its gathering pipeline mileage and expands processing capacity by 420 MMcf/d.

HESPositive Net Change EPositive Net Change SMPositive Net Change KNTKPositive Net Change

Zacks Equity Research

BP Resumes Caspian Sea Oil Production Ahead of Schedule

BP's rapid resurgence initiates the resumption of offshore oil operations in Azerbaijan's Caspian Sea before schedule, showcasing prowess in energy sector resilience.

BPPositive Net Change HESPositive Net Change SMPositive Net Change MTDRPositive Net Change

Zacks Equity Research

Eni (E) Explores Oil and Gas Spin-offs for Green Investments

Eni (E) charts a new course as it considers using an innovative satellite model to spin off oil and gas projects to propel the transition to low-carbon energy solutions worldwide.

HESPositive Net Change EPositive Net Change SMPositive Net Change MTDRPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Bolsters Egypt Offshore Exploration Ties

ExxonMobil (XOM) will retain a 60% working interest in the Masry and Cairo concessions, while QatarEnergy will hold a 40% stake in the agreement.

XOMPositive Net Change HESPositive Net Change SMPositive Net Change ECPositive Net Change

Nilanjan Choudhury

4 Energy Companies That Recently Pumped Up Their Dividends

Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from MUSA, TRGP, CVE and PSX.

CVEPositive Net Change MUSAPositive Net Change PSXPositive Net Change TRGPPositive Net Change

Zacks Equity Research

USA Compression (USAC) Q1 Earnings & Revenues Top Estimates

USA Compression (USAC) anticipates distributable cash flow, adjusted EBITDA and net income in the range of $340-$360 million, $555-$575 million and $95-$115 million, respectively, for 2024.

SLBPositive Net Change VLOPositive Net Change USACNegative Net Change MGYPositive Net Change

Zacks Equity Research

Suncor Energy (SU) Q1 Earnings Rise Y/Y, Sales Top Estimates

Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.

SLBPositive Net Change VLOPositive Net Change SUPositive Net Change MGYPositive Net Change

Zacks Equity Research

Is PHYZX a Strong Bond Fund Right Now?

MF Bond Report for PHYZX

PHYZXNegative Net Change

Zacks Equity Research

Is FGMNX a Strong Bond Fund Right Now?

MF Bond Report for FGMNX

FGMNXNegative Net Change

Zacks Equity Research

W&T Offshore (WTI) Q1 Earnings Lag Estimates on Lower Prices

Lower realized prices for oil-equivalent production hurt W&T Offshore's (WTI) earnings in Q1.

HESPositive Net Change SMPositive Net Change WTIPositive Net Change ECPositive Net Change

Zacks Equity Research

Enbridge (ENB) Q1 Earnings Beat Estimates, Revenues Fall Y/Y

Enbridge's (ENB) first-quarter earnings primarily benefit from increased contributions across all segments.

HESPositive Net Change SMPositive Net Change ENBNegative Net Change MTDRPositive Net Change

Zacks Equity Research

Ovintiv (OVV) Q1 Earnings Beat Estimates, Revenues Miss

Ovintiv (OVV) expects capital expenditures in the range of $2.2-$2.4 billion for full-year 2024 and in the band of $610-$650 million for the second quarter of the year.

SLBPositive Net Change VLOPositive Net Change MGYPositive Net Change OVVPositive Net Change

Zacks Equity Research

Delek (DK) Q1 Loss Narrower Than Expected, Sales Decline Y/Y

Delek (DK) expects capital expenditures of approximately $330 million, including $220 million for Refining and $70 million for Logistics, for full-year 2024.

SLBPositive Net Change VLOPositive Net Change DKPositive Net Change MGYPositive Net Change

Nilanjan Choudhury

Natural Gas Sees Weekly Gain on EIA Report, Summer Forecasts

With natural gas price action remaining volatile, we recommend investors to hold onto companies with strong fundamentals, such as CTRA and LNG.

CHKPositive Net Change EQTPositive Net Change LNGPositive Net Change CTRAPositive Net Change

Zacks Equity Research

GeoPark's (GPRK) Offtake Pact With Vitol Expands Funding Access

GeoPark's (GPRK) offtake agreement with Vitol outlines the sale and delivery of a minimum of 20,000 barrels of oil per day from Llanos 34 Block in Colombia.

HESPositive Net Change EPositive Net Change SMPositive Net Change GPRKPositive Net Change

Zacks Equity Research

Murphy (MUSA) Q1 Earnings Miss on Weak Margins, Product Sales

In the first quarter, Murphy USA (MUSA) bought back shares worth $86.9 million.

VLOPositive Net Change MUSAPositive Net Change MPCPositive Net Change PSXPositive Net Change

Zacks Equity Research

Is PTTRX a Strong Bond Fund Right Now?

MF Bond Report for PTTRX

PTTRXNegative Net Change

Zacks Equity Research

Is MEMTX a Strong Bond Fund Right Now?

MF Bond Report for MEMTX

MEMTXNegative Net Change

Zacks Equity Research

Chevron's (CVX) Gorgon LNG Facility Faces Production Disruption

Chevron (CVX) states that it is working to repair the fault and the process may take several weeks. This may affect the exports from the facility.

CVXPositive Net Change HESPositive Net Change EPositive Net Change SMPositive Net Change

Zacks Equity Research

Seadrill (SDRL) Announces New Contracts for Two Drillships

Seadrill's (SDRL) West Capella drillship wins a one-well contract in South Korea and West Neptune drillship secures a contract extension in the U.S. Gulf of Mexico.

HESPositive Net Change EPositive Net Change SMPositive Net Change SDRLNegative Net Change

Sweta Killa

5 Best-Performing Top-Ranked ETFs at the Start of May

Wall Street regained momentum at the start of May. The rally has been broad-based, with all three major indices just a few points away from their record highs.

PRNNegative Net Change PSCTNegative Net Change PXJPositive Net Change XSDPositive Net Change XMMONegative Net Change

Zacks Equity Research

Is a Surprise Coming for Nextracker (NXT) This Earnings Season?

Nextracker (NXT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

NXTPositive Net Change

Zacks Equity Research

Magnolia (MGY) Q1 Earnings Beat Estimates, Revenues Rise Y/Y

Magnolia (MGY) expects D&C capital expenditures to be $120 million to $125 million for the second quarter of 2024 and between $450 million and $480 million for the entire year.

SLBPositive Net Change VLOPositive Net Change EOGPositive Net Change MGYPositive Net Change

Zacks Equity Research

APA Q4 Earnings Miss on Lower Production, Revenues Beat

APA Corporation (APA) bought back 3 million shares at $33.27 apiece during the first quarter. The company also shelled out $76 million in dividend payment.

COPPositive Net Change APAPositive Net Change EQTPositive Net Change FANGPositive Net Change

Zacks Equity Research

BP Aims $1B Investment in Tesla Superchargers for U.S. Growth

BP's ambitious $1 billion investment to acquire Tesla Supercharger sites and install over 3,000 charging points across America signals a shift in the EV landscape.

BPPositive Net Change HESPositive Net Change SMPositive Net Change TSLAPositive Net Change