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Zacks News
TOTAL (TOT) to Report Q1 Earnings: What's in the Offing?
by Zacks Equity Research
TOTAL (TOT) is slated to release first-quarter results on May 5. It has taken a few initiatives to preserve liquidity amid the unprecedented crisis as a result of the novel coronavirus outbreak.
Will ExxonMobil's (XOM) Upstream Business Hurt Q1 Earnings?
by Zacks Equity Research
Since upstream business contributes significantly to ExxonMobil's (XOM) earnings, the company is likely have borne the brunt of weak commodity prices in Q1.
TOTAL Advances Divestment Goal, Plans to Sell $400M Assets
by Zacks Equity Research
TOTAL (TOT) moves ahead with the non-core assets divestment plan to maintain its high-quality asset portfolio.
Oil & Gas Stock Roundup: Apache's Oil Find, BP's Capex Cut & More
by Nilanjan Choudhury
Apache (APA) shares rocket following a discovery offshore Suriname, BP plc (BP) cuts 2020 budget, while Whiting Petroleum (WLL) files for U.S. bankruptcy protection.
Apache, JV Partner Find Oil in Suriname, Add to Cost Savings
by Zacks Equity Research
Apache (APA) is now looking forward to achieve an annualized G&A and LOE cost saving in excess of $300 million, up from the actual target of $150 million.
TOTAL (TOT) & Apache Discover More Oil in Offshore Suriname
by Zacks Equity Research
TOTAL (TOT) and its joint venture partner Apache discover more oil in Block 58 offshore Suriname.
U.S. Oil Stocks Rise Sharply, Coronavirus Chokes Gasoline Demand
by Nilanjan Choudhury
Disruptions by the pandemic's effects depressed the gasoline demand by 2.2 million barrels last week, the most on record.
BP Revises 2020 Capex Downward as Coronavirus Drags Oil Down
by Zacks Equity Research
On the brighter side, although the business scenario is unfavorable, BP says that it is not planning job cuts in the coming three months.
Equinor's Sverdrup Field Elevates Plateau Production Target
by Zacks Equity Research
Equinor's (EQNR) cheaper production value of less than $2 per barrel plus the breakeven price below $20 for full-field development of Johan Sverdrup makes it resilient against oil price volatility.
Oil at $20 a Barrel: Who Wins, Who Loses & Who Survives?
by Nilanjan Choudhury
As the world remains awash in crude oil, prices might go even lower before they start climbing higher.