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Zacks News
Phillips 66 to Close Los Angeles Refinery Due to Low Profits
by Zacks Equity Research
PSX plans to shut its Los Angeles refinery by late 2025, citing market dynamics and lower profits, leaving California to face further fuel supply challenges.
Zacks.com featured highlights include Carpenter Technology and Archrock
by Zacks Equity Research
Carpenter Technology and Archrock are part of the Zacks screen of the Week article.
SLB Q3 Earnings Beat Estimates, Revenues Rise Year Over Year
by Zacks Equity Research
SLB's Q3 earnings benefit from broad-based growth and margin expansion in the Middle East, Asia and offshore North America, alongside cost optimization and digital solutions.
Liberty Energy Q3 Earnings & Revenues Miss Estimates, Decline Y/Y
by Zacks Equity Research
LBRT expects the capital expenditure to reach $200 million in the fourth quarter and projects a tax expense rate of 23-24% of pre-tax income for 2024.
Can Archrock Inc. (AROC) Run Higher on Rising Earnings Estimates?
by Zacks Equity Research
Archrock Inc. (AROC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Are Oils-Energy Stocks Lagging Archrock (AROC) This Year?
by Zacks Equity Research
Here is how Archrock Inc. (AROC) and Plains GP Holdings (PAGP) have performed compared to their sector so far this year.
2 Momentum Anomaly Picks as Solid Earnings Boost Markets
by Supriyo Bose
CRS and AROC are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.
Kinder Morgan Q3 Earnings Miss Estimates, Revenues Fall Y/Y
by Zacks Equity Research
KMI Q3 earnings get affected by decreased financial contributions from two segments. However, this is partially offset by lower total costs and expenses.
ExxonMobil Eyes $500M Sale of Bakken Shale Assets in North Dakota
by Zacks Equity Research
XOM plans to sell part of its North Dakota Bakken shale assets. This move is expected to generate more than $500 million as the company refocuses on high-growth regions.
BP Faces Headwinds Over Weaker Refining Margins & Sluggish Oil Demand
by Zacks Equity Research
BP's third-quarter refining margins are expected to drop $400-$600 million sequentially. The company also anticipates higher net debt in the quarter.
Investors Heavily Search Archrock, Inc. (AROC): Here is What You Need to Know
by Zacks Equity Research
Archrock Inc. (AROC) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Why Archrock Inc. (AROC) Dipped More Than Broader Market Today
by Zacks Equity Research
Archrock Inc. (AROC) closed at $21.01 in the latest trading session, marking a -1.45% move from the prior day.
Baker Hughes, Repsol Collaborate on Next-Gen AI for Oil Efficiency
by Zacks Equity Research
BKR and Repsol are advancing AI-powered workflows via the Leucipa solution, aiming to optimize production, improve efficiency and lower carbon emissions in the oil and gas sector.
Phillips 66 to Offload 49% Stake in Coop Mineraloel to Swiss JV
by Zacks Equity Research
PSX states that the proceeds from the sale of 49% of its non-operated equity interest in Coop Mineraloel will support its priorities, including shareholder returns.
Do Options Traders Know Something About Archrock (AROC) Stock We Don't?
by Zacks Equity Research
Investors need to pay close attention to Archrock (AROC) stock based on the movements in the options market lately.
Petrobras to Cut 2025 Investments to $17B Amid Rising Costs and Limits
by Zacks Equity Research
PBR plans to cut 2025 investments to $17 billion amid government pressure to boost CAPEX, focusing on realistic, high-return projects for increased output.
Nigerian Communities Win Legal Battle Against Shell
by Zacks Equity Research
The UK Court of Appeal rules against SHEL, paving the way for a full trial in the environmental justice case filed by two Nigerian communities.
Subsea7 Secures a New Subsea Contract in the US Gulf of Mexico
by Zacks Equity Research
SUBCY's new contract covers transportation and installation of the flow line, umbilical and other subsea components associated with the subsea tieback platform.
ExxonMobil Secures Largest U.S. Offshore CO2 Storage Site
by Zacks Equity Research
XOM strengthens its carbon capture position by securing the largest U.S. offshore CO2 storage site, further supporting emission reduction and advancing net-zero goals.
Eni's Plenitude Expands Spanish Footprint With New Wind Plant
by Zacks Equity Research
E's Plenitude launches the 13 MW Numancia wind farm in Soria, producing 31 GWh annually and powering 9,500 homes, further expanding its renewable energy footprint in Spain.
Zacks Investment Ideas feature highlights: Microsoft, Archrock and Targa Resources
by Zacks Equity Research
Microsoft, Archrock and Targa Resources have been highlighted in this Investment Ideas article.
The Next Commodity Megatrend: 2 Top Ranked Stocks to Profit
by Ethan Feller
Archrock and Targa Resources are set to benefit tremendously from the AI revolution
Shell Signs Massive Naphtha Supply Agreement With QatarEnergy
by Zacks Equity Research
The naphtha supply deal strengthens the long-standing partnership between SHEL and QatarEnergy. QatarEnergy will supply 18 million metric tons of naphtha to Shell for 20 years.
Kinder Morgan Shuts Down Terminals in Tampa Over Hurricane Warning
by Zacks Equity Research
KMI's Tampa Bay Stevedores, Tampaplex Terminal, and Port Sutton Terminal have been shut down due to Hurricane Milton, which is fast approaching landfall.
Baker Hughes Secures Record Order for Gas Storage in Dubai
by Zacks Equity Research
BKR lands record compressor line order from Dubai Petroleum, enhancing gas storage at the Margham facility to support the UAE's clean energy goals.