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Zacks News
BP Sees Worldwide Oil Demand to Grow at a Slower Pace in '19
by Zacks Equity Research
BP reportedly announces that the escalating tariff war between the United States & China, and growing fears of recession have been denting demand for oil and refined petroleum products.
Concho to Sell Shelf Asset, Plans to Begin Buyback Program
by Zacks Equity Research
Concho Resources' (CXO) stock repurchase program is a validation of the company's motive to generate strong cash flow alongside sustainable oil production.
Phillips 66 (PSXP) to Pay Back Term Loan With Notes Offering
by Zacks Equity Research
Phillips 66 (PSXP) announces pricing of unsecured senior notes, carrying a total aggregate principal amount of $900 million.
Atwater Wins Toxic Water Case Against Royal Dutch Shell Arm
by Zacks Equity Research
The litigation is filed as traces of highly toxic chemical 1, 2, 3- Trichloropropane (TCP) are found in the nematocide, which is sold by Shell Oil Company, a subsidiary of Royal Dutch Shell (RDS.A).
Equinor to See Johan Sverdrup Oil Production Before Time
by Zacks Equity Research
The giant Equinor (EQNR)-operated oil field's day-to-day production is likely to be 440,000 barrels of oil per day (bpd) while its peak output is expected to surge 660,000 bpd.
Here's Why We Should Pick NuStar (NS) Stock Right Away
by Zacks Equity Research
Steady fee-based revenues and higher distributable cashflows aid NuStar (NS).
Sinopec (SNP) 1H19 Profit Declines on Weak Refining Business
by Zacks Equity Research
The rise in crude procurement expenses and narrowing of the retail spread hurt Sinopec's (SNP) earnings in the first half of 2019.
EnLink Midstream (ENLC) Jumps: Stock Rises 7%
by Zacks Equity Research
EnLink Midstream (ENLC) saw a big move last session, as its shares jumped more than 7% on the day, amid huge volumes.
New Strong Buy Stocks for August 29th
by Tirthankar Chakraborty
Here are 5 stocks added to the Zacks Rank #1 (Strong Buy) List for Thursday
Oil & Gas Stock Roundup: TechnipFMC's Spin-Off, Kinder Morgan's Asset Sale & More
by Nilanjan Choudhury
TechnipFMC (FTI) plans to spin off its engineering and construction business to create two independent companies, while Kinder Morgan (KMI) will sell its Canadian unit and portion of a pipeline.