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Zacks News
Halliburton (HAL), Wintershall Collaborate on UEM Solution
by Zacks Equity Research
Halliburton (HAL) and Wintershall Dea's UEM solution enhances reservoir modeling with real-time data integration, optimizing reservoir recovery in Maria Field, Norway.
Phillips 66 (PSX) Acquires Lucrative Midland Basin Assets
by Zacks Equity Research
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.
Saipem (SAPMF) Secures $850M Contract to Develop Ndungu Field
by Zacks Equity Research
Saipem (SAPMF) plans to deploy its FDS vessel for the project???s offshore installation campaign, which includes transportation and laying of the rigid pipelines.
Halliburton (HAL) Invites Africa's Companies to Submit EOIs
by Zacks Equity Research
Halliburton (HAL) invites local companies to submit EOIs for diverse oil and gas services, promoting African local content and economic growth.
APA Announces Sale of Non-Core Producing Texas Properties
by Zacks Equity Research
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.
Seadrill (SDRL) Initiates Qatar Jack-Up Fleet Sale for $338M
by Zacks Equity Research
Seadrill (SDRL) mentions that the divestiture aligns with its overall strategy to simplify its business and concentrate only on its core operations.
Petrobras (PBR) Launches Newbuild Support Vessel Tenders
by Zacks Equity Research
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.
Chevron's (CVX) Tengiz Project Faces Cost Increase of $1.5B
by Zacks Equity Research
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.
Chevron (CVX) Exits U.K. North Sea, Divests Remaining Assets
by Zacks Equity Research
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.
Will Archrock Inc. (AROC) Gain 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.
Pembina (PBA) Targets June Investment Decision for Cedar LNG
by Zacks Equity Research
Pembina's (PBA) $4 billion Cedar LNG project with Haisla First Nation secures permits and progresses toward a June investment decision, aiming for a 2028 completion.
GeoPark (GPRK) Acquires Unconventional Blocks in Argentina
by Zacks Equity Research
GeoPark???s (GPRK) estimated production is set to increase to 5,500-6,500 boepd, contingent upon the closing date of the transaction.
Williams (WMB) Abandons NESE Project Over Environmental Dispute
by Zacks Equity Research
Williams (WMB) decides to abandon the NESE pipeline project due to environmental concerns and regulatory challenges, and deems it as a poor investment.
Patterson-UTI (PTEN) Teams Up With ADNOC Drilling in the UAE
by Zacks Equity Research
Patterson-UTI's (PTEN) subsidiary, Patterson-UTI International Holdings, Inc., partners with ADNOC Drilling for a UAE project, enhancing oilfield operations with U.S. shale expertise and strategic growth.
TechnipFMC (FTI) Secures New Contract to Support Pluto LNG
by Zacks Equity Research
TechnipFMC (FTI) is responsible for the design, manufacture, and installation of the subsea production system, flexible pipe, and umbilicals for the Xena Infill well, at the Pluto LNG Project.
Is Diamondback Energy (FANG) Stock Outpacing Its Oils-Energy Peers This Year?
by Zacks Equity Research
Here is how Diamondback Energy (FANG) and Archrock Inc. (AROC) have performed compared to their sector so far this year.
Is It Worth Investing in Archrock Inc. (AROC) Based on Wall Street's Bullish Views?
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Archrock Inc. (AROC) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Archrock, Inc. (AROC) Is a Trending Stock: Facts to Know Before Betting on It
by Zacks Equity Research
Zacks.com users have recently been watching Archrock Inc. (AROC) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Archrock Inc. (AROC) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Archrock Inc. (AROC) delivered earnings and revenue surprises of 18.18% and 3.06%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Archrock Inc. (AROC) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Archrock Inc. (AROC) reachead $19.84 at the closing of the latest trading day, reflecting a -0.55% change compared to its last close.
Archrock's (AROC) Q1 Earnings Preview: Things to Consider
by Zacks Equity Research
Archrock (AROC) beat the Zacks Consensus Estimate in two of the last four quarters and met in the other two, which resulted in an earnings surprise of 8.5%, on average.
Petrobras (PBR) to Build Solar Power at Its Three Refineries
by Zacks Equity Research
Petrobras (PBR) plans to build 48 MW solar capacity at its three refineries by 2025, thereby reducing emissions. The move is in sync with its decarbonization goals.
Here is What to Know Beyond Why Archrock, Inc. (AROC) is a Trending Stock
by Zacks Equity Research
Recently, Zacks.com users have been paying close attention to Archrock Inc. (AROC). This makes it worthwhile to examine what the stock has in store.
New Fortress (NFE) Advances Construction of 1.6GW Power Plant
by Zacks Equity Research
New Fortress (NFE) states that the power plant will provide firm power capacity under the 15-year capacity reserve contract, obtained from Denham Capital and CEIBA Energy.
Petrobras (PBR), CNCEC Sign MoU for Energy Partnership
by Zacks Equity Research
Petrobras (PBR) enters into a memorandum of understanding for a two-year collaboration with the China National Chemical Energy Company (CNCEC), focusing on renewable energies and energy transition.