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Zacks News
EQT to Slash Jobs in a Bid to Streamline, Reduce Expenses
by Zacks Equity Research
EQT's activity of streamlining its personnel signifies the company's transformation into a modern and technology-driven player, making it an efficient gas producer in turn.
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.
Will Baker Hughes (BHGE) be Better Off if GE Lowers Stake?
by Zacks Equity Research
Baker Hughes (BHGE) announces that General Electric (GE) plans to further lower its stake in the oilfield service provider to less than 50%.
Suncor Energy to Pump C$1.4B Into Two Cogeneration Units
by Zacks Equity Research
Suncor Energy's (SU) C$1.4-billion worth project to be operational in the second half of 2023 will enable it to meet its goal of hiking the free fund flow by C$2 billion.
Here's Why You Should Steer Clear Of Centennial (CDEV) Now
by Zacks Equity Research
The weakness in oil prices, rising lease operating expenses and pipeline bottleneck problem in the Permian are hurting Centennial Resource (CDEV).
Crescent Point to Divest C$912M Assets for Debt Relief
by Zacks Equity Research
Crescent Point (CPG) currently expects annual average production between 160,000 boepd and 164,000 boepd.
Helmerich & Payne Alters Capex View, Issues Quarterly Payout
by Zacks Equity Research
Helmerich & Payne (HP) expects a $5-$15 million cut in its current total capex, falling below the lower end of its past forecast.
NuStar (NS) Augments Permian Capacity, Boosts Crude Export
by Zacks Equity Research
NuStar Energy (NS) aims to build an extra storage division with 600,000 barrels capacity at the terminal, extending the total volume to 3.9 million barrels, by 2019-end.
Reasons Why You Should Dump Continental Resources Right Now
by Zacks Equity Research
Escalating production expenses per barrel of oil equivalent are affecting Continental's (CLR) bottom line.
Cheniere's Corpus Christi Train 2 to Come Online in May, 2020
by Zacks Equity Research
Cheniere Energy (LNG) with its engineering partner Bechtel builds seven liquefaction trains prior to its deadline and within the CCL project's budget.