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oil-energy: Archive

Zacks Equity Research

Halliburton (HAL), Wintershall Collaborate on UEM Solution

Halliburton (HAL) and Wintershall Dea's UEM solution enhances reservoir modeling with real-time data integration, optimizing reservoir recovery in Maria Field, Norway.

HALPositive Net Change SUNNegative Net Change SMPositive Net Change AROCPositive Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Stocks recently featured in the blog include: Suncor Energy, Pembina Pipeline and Canadian Natural Resources

Suncor Energy, Pembina Pipeline and Canadian Natural Resources are included in this Analyst Blog.

SUPositive Net Change CNQPositive Net Change PBAPositive Net Change

Zacks Equity Research

Phillips 66 (PSX) Acquires Lucrative Midland Basin Assets

Phillips 66 (PSX) aims to increase its natural gas processing footprint in the Midland Basin through its acquisition of Pinnacle Midland from a private equity firm, Energy Spectrum Capital.

EPositive Net Change SMPositive Net Change PSXPositive Net Change AROCPositive Net Change

Zacks Equity Research

ExxonMobil (XOM), Petronas Strike Major Find Offshore Suriname

ExxonMobil (XOM) and Petronas celebrate another hydrocarbon discovery in Block 52 offshore Suriname, solidifying their foothold in the region's promising energy sector.

XOMPositive Net Change SUNNegative Net Change SMPositive Net Change MPCPositive Net Change

Zacks Equity Research

EQT CEO Raises Concerns Over Proposed Carbon Capture Regulations

EQT's Toby Rice highlights a promising future for natural gas with rising demand driven by AI but cautions that new regulations could double or triple power costs, hindering U.S. energy goals.

EQTPositive Net Change SUNNegative Net Change SMPositive Net Change MPCPositive Net Change

Nilanjan Banerjee

Total US Drilling Rig Tally Increases: Here's What it Means

In its weekly release, Baker Hughes (BKR) reports that the total count of oil rigs in the United States increased, but the count for natural gas was flat.

BKRPositive Net Change FANGPositive Net Change MTDRPositive Net Change

Nilanjan Choudhury

Trans Mountain Expansion Pipeline in Service: A Quick Rundown

The likes of SU, PBA and CNQ, among others, stand to gain from better market access and improved pricing following the Trans Mountain oil pipeline expansion.

SUPositive Net Change CNQPositive Net Change PBAPositive Net Change

Zacks Equity Research

Saipem (SAPMF) Secures $850M Contract to Develop Ndungu Field

Saipem (SAPMF) plans to deploy its FDS vessel for the project???s offshore installation campaign, which includes transportation and laying of the rigid pipelines.

EPositive Net Change SMPositive Net Change AROCPositive Net Change SAPMFNo Net Change

Zacks Equity Research

Halliburton (HAL) Invites Africa's Companies to Submit EOIs

Halliburton (HAL) invites local companies to submit EOIs for diverse oil and gas services, promoting African local content and economic growth.

HALPositive Net Change SUNNegative Net Change SMPositive Net Change AROCPositive Net Change

Zacks Equity Research

APA Announces Sale of Non-Core Producing Texas Properties

APA announces the divestiture of non-core properties for more than $700 million, aiming to reduce debt by the third quarter of 2024 and focus on high-value projects.

APAPositive Net Change SUNNegative Net Change SMPositive Net Change AROCPositive Net Change

Zacks Equity Research

Best Value Stocks to Buy for May 21st

ODP, DEC and OC made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 21, 2024.

ODPPositive Net Change DECPositive Net Change OCNegative Net Change

Zacks Equity Research

Eni's (E) Kenyan Subsidiary Secures Funding for Green Transport

Eni (E) partners with IFC and the Italian Climate Fund to secure a $210 million investment, aiming to revolutionize Kenya's biofuel industry, empower farmers, and decarbonize transportation.

EPositive Net Change SUNNegative Net Change SMPositive Net Change MPCPositive Net Change

Zacks Equity Research

Seadrill (SDRL) Initiates Qatar Jack-Up Fleet Sale for $338M

Seadrill (SDRL) mentions that the divestiture aligns with its overall strategy to simplify its business and concentrate only on its core operations.

EPositive Net Change SMPositive Net Change SDRLPositive Net Change AROCPositive Net Change

Zacks Equity Research

ExxonMobil (XOM), Pertamina Progress on CCS Hub in Indonesia

A joint study by Pertamina and ExxonMobil (XOM) estimates the basin to store up to three gigatons of carbon dioxide, potentially requiring an investment of $2 billion.

XOMPositive Net Change SMPositive Net Change ECPositive Net Change MPCPositive Net Change

Zacks Equity Research

Petrobras (PBR) Hit by Dividend Fiasco: All You Need to Know

Petrobras (PBR) ousted CEO's tenure was marred by disagreements with government-appointed board members over the decision to pay extraordinary dividends to its shareholders.

PBRPositive Net Change SMPositive Net Change MPCPositive Net Change PUMPPositive Net Change

Zacks Equity Research

Petrobras (PBR) Launches Newbuild Support Vessel Tenders

Petrobras (PBR) plans to tender 26 newbuild vessels, boosting Brazilian shipbuilding with $2.5 billion investments in OSRV and RSV and supporting offshore drilling in the latter half of this decade.

PBRPositive Net Change SUNNegative Net Change SMPositive Net Change AROCPositive Net Change

Zacks Equity Research

Chevron's (CVX) Tengiz Project Faces Cost Increase of $1.5B

Chevron's (CVX) Tengiz Project in Kazakhstan faces a $1.5 billion cost overrun, highlighting complexities in large-scale energy ventures and posing challenges to completion and financial projections.

CVXPositive Net Change XOMPositive Net Change SMPositive Net Change AROCPositive Net Change

Nilanjan Choudhury

Why Did U.S. Natural Gas Prices Move Up 16.6% Last Week?

With natural gas price action remaining positive but volatile, we recommend investors hold onto companies with strong fundamentals, such as CTRA and LNG.

CHKPositive Net Change EQTPositive Net Change LNGNegative Net Change CTRAPositive Net Change

Nilanjan Banerjee

Watch These 3 Energy Stocks Leading the Green Transition

Investors are advised to monitor three energy companies, namely Eni SpA (E), TotalEnergies SE (TTE), and BP, as these are at the forefront of the energy transition.

BPPositive Net Change EPositive Net Change TTEPositive Net Change

Zacks Equity Research

Is the Options Market Predicting a Spike in HighPeak (HPK) Stock?

Investors need to pay close attention to HighPeak (HPK) stock based on the movements in the options market lately.

HPKPositive Net Change

Zacks Equity Research

Chevron (CVX) Exits U.K. North Sea, Divests Remaining Assets

Chevron's (CVX) exit from the North Sea follows the trend that several other U.S. oil companies have exhibited owing to the declining production in the region.

CVXPositive Net Change EPositive Net Change SMPositive Net Change AROCPositive Net Change

Zacks Equity Research

Crescent (CRGY) & SilverBow (SBOW) Unite in $2.1B Merger

Crescent Energy (CRGY) shareholders will own about 69-79% of the combined company, while SilverBow (SBOW) shareholders will own around 21-31% post completion of the deal.

EPositive Net Change SMPositive Net Change SBOWPositive Net Change CRGYPositive Net Change

Zacks Equity Research

Here's Why Hold Strategy Is Apt for BP Shares Right Now

BP's focus on operational efficiency and cost management is set to yield at least $2 billion in cash cost savings by the end of 2026.

BPPositive Net Change HESPositive Net Change SMPositive Net Change ECPositive Net Change

Zacks Equity Research

Enbridge (ENB) Plans Equity Offering to Fund Major Acquisition

The shares will be offered at Enbridge's (ENB) discretion, allowing sales to the public intermittently at current market prices.

DNegative Net Change SMPositive Net Change ECPositive Net Change ENBNegative Net Change

Zacks Equity Research

Equinor's (EQNR) Empire Wind 1 Gets Final Approval in New York

Equinor (EQNR) receives the final approval from New York State to begin construction of the 810 MW Empire Wind 1 offshore wind farm, supporting the state's 9,000 MW wind power goal by 2035.

HESPositive Net Change SMPositive Net Change MPCPositive Net Change EQNRPositive Net Change