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Zacks News
BP Agrees to Divest Gelsenkirchen Refinery Assets to Klesch Group
by Zacks Equity Research
BP is set to sell its Gelsenkirchen refinery to Klesch Group, boost its cost-cutting goals and streamline its portfolio as part of a broader strategic reset.
W&T Offshore Q4 Loss Wider Than Expected, Revenues Increase Y/Y
by Zacks Equity Research
WTI posts wider-than-expected Q4 loss despite higher output and revenues, as weaker prices and rising costs weigh on results.
Has TechnipFMC (FTI) Outpaced Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Here is how FMC Technologies (FTI) and Subsea 7 SA (SUBCY) have performed compared to their sector so far this year.
Venture Global Reaches FID and Secures $8.6B for CP2 LNG Phase 2
by Zacks Equity Research
VG reaches FID for CP2 LNG Phase 2, secures $8.6B financing and advances its Louisiana project with a 29 MTPA peak capacity.
Subsea 7 (SUBCY) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
by Zacks Equity Research
Subsea 7 (SUBCY) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.
Repsol Signs Strategic Deals With Venezuela to Boost Gas Production
by Zacks Equity Research
REPYY signs agreements with Venezuela to boost gas output from the Cardon IV project, as the country seeks foreign investments to revive its energy sector.
Equinor Flags Production Limits Amid Global Energy Supply Shortage
by Zacks Equity Research
EQNR says it cannot boost oil and gas output despite global shortages tied to the U.S.-Iran conflict, as Norway already produces at near maximum capacity.
Are Investors Undervaluing Subsea 7 (SUBCY) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
VG Commits to Timely LNG Deliveries From Plaquemines Phase 1
by Zacks Equity Research
Venture Global says Plaquemines Phase 1 LNG cargo deliveries start Oct. 31 at contracted prices, even as Middle East tensions push global gas prices higher.
EQNR Boosts North Sea Prospects With New Troll & Sleipner Discoveries
by Zacks Equity Research
Equinor finds new oil and gas in the North Sea at Troll and Sleipner, adding commercially viable resources near existing infrastructure.