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Zacks News
BP's Marketing Unit Commences Natural Gas Supply in Mexico
by Zacks Equity Research
BP's marketing and trading unit has started supplying natural gas to eight Mexican states.
Tesoro-Pemex Clinch Fuel Transportation & Storage Agreement
by Zacks Equity Research
Tesoro Corporation (TSO) recently inked three-year transportation and storage agreement with Mexico's Pemex to cash in on the growing demand of refined fuels in the country.
BP Explores Pipeline Asset Sale to Form MLP & Make it Public
by Zacks Equity Research
BP is considering spinning off its 3,500 mile pipeline business in the US into a master limited partnership by the end of this year and file for its IPO.
Oil & Gas Stock Roundup: Deals from Shell, Halcon & Abraxas
by Nilanjan Choudhury
Supermajor Royal Dutch Shell (RDS.A) as well as producers Halcon Resources (HK) and Abraxas Petroleum (AXAS) announced separate deals to offload major chunk of non-core holdings.
Sell These Refiners on Surging RIN Costs
by Nilanjan Choudhury
RINs or biofuel blending credits continue to be a significant obligation on the refining business and have become the sector's single largest operating expense.
Oil & Gas Stock Roundup: SemGroup Buys Terminal Co., Encana & Centrica Sell Gas Assets
by Nilanjan Choudhury
It was a week where oil prices dropped to the lowest close since May 4 amid a bearish inventory data, while supportive weather forecasts pushed natural gas futures higher.
Why Is Tesoro (TSO) Up 6.3% Since the Last Earnings Report?
by Zacks Equity Research
Tesoro (TSO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
New Strong Sell Stocks for June 8th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Oil & Gas Stock Roundup: Ensco Snaps Up Atwood, Dakota Access Pipeline in Service
by Nilanjan Choudhury
It was a week where oil prices dropped to the lowest close since May 10, while a bearish build created selling pressure on natural gas futures.
Tesoro Closes Western Refining Merger, To Be Named Andeavor
by Zacks Equity Research
Tesoro Corporation (TSO) recently announced the much-awaited completion of $6.4 billion acquisition of Texas-based oil refiner Western Refining Inc.
Oil & Gas Stock Roundup: Tesoro's Drilling JV, SeaDrill's Q1 Beat & More
by Nilanjan Choudhury
It was a week where oil prices tumbled after the much-anticipated OPEC meeting underwhelmed investors, while a bearish build created selling pressure on natural gas futures.
Tesoro, EP Energy Team Up to Form Drilling Joint Venture
by Zacks Equity Research
Tesoro Corporation (TSO) joined hands with Texas-based upstream energy player EP Energy Corporation (EPE) to fund oil and natural gas development in Uinta Basin in Utah.
EIA Says U.S. Crude Supplies Declined for the Sixth Week
by Nilanjan Choudhury
Government figures showed 1.75 million barrels decline in oil stockpiles for the week ended May 12.
Tesoro (TSO) Beats on Q1 Earnings, Revenues Miss Estimates
by Zacks Equity Research
Tesoro Corporation reported first-quarter 2017 adjusted earnings from continuing operations of 52 cents per share, which surpassed the Zacks Consensus Estimate of 34 cents.
Can Tesoro (TSO) Spring a Surprise This Earnings Season?
by Zacks Equity Research
Tesoro Corporation (TSO) is set to release first-quarter 2017 results after the closing bell on May 8.
Oil Stocks to Watch for Earnings on May 8: EOG, XEC & More
by Zacks Equity Research
Let's see what's in store for these five energy companies that are expected to report Q1 results on May 8.
Is Tesoro (TSO) a Great Stock for Value Investors?
by Zacks Equity Research
Let's see if Tesoro Corporation (TSO) stock is a good choice for value-oriented investors right now from multiple angles.
EIA Reports Surprise Build in Domestic Oil Supplies
by Nilanjan Choudhury
Government figures showed an unexpected rise in oil inventories.
How Trump's Border Tax Would Hit U.S. Refiners
by Nilanjan Choudhury
If implemented, President Trump's proposed border tax could profoundly impact U.S. refiners.
Oil & Gas Stock Roundup: TransCanada's Keystone Approval, Chevron's Asset Sale and More
by Nilanjan Choudhury
It was a week where oil prices went back to their losing streak on persistent oversupply fears, while natural gas futures breached the $3 barrier on bullish weather update.
Tesoro-Western Refining $6.4B Merger Okayed by Shareholders
by Zacks Equity Research
Tesoro Corporation (TSO) and Western Refining, Inc. (WNR) investors have approved their $6.4 billion merger and acquisition deal.
Goldman Sachs Projects Another Crude Glut, Refiners to Gain?
by Zacks Equity Research
Goldman Sachs' new crude glut expectation is likely to be a boon in disguise for refiners.
U.S. Crude Supplies Down 1st Time in 10 Weeks
by Nilanjan Choudhury
Government figures showed a sharp fall in oil and petroleum-product inventories.
Why Is Tesoro (TSO) Down 2% Since the Last Earnings Report?
by Zacks Equity Research
Tesoro (TSO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Western Refining (WNR) Posts Q4 Loss, Sales Miss Estimates
by Zacks Equity Research
Western Refining Inc. (WNR) reported fourth-quarter 2016 results, wherein the company incurred a loss of 7 cents as against the Zacks Consensus Estimate of earnings of 8 cents.