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Zacks News
Hess Corp (HES) Incurs Narrower-Than-Expected Loss in Q3
by Zacks Equity Research
Lower-operating expenses and higher-price realizations helped Hess (HES) deliver narrower-than-expected loss in third-quarter 2017.
Core Laboratories (CLB) Q3 Earnings & Revenues Top Estimates
by Zacks Equity Research
Despite being hit by hurricanes, Core Laboratories (CLB) reported better-than-expected third-quarter 2017 results. The results also improved year over year.
YPF Sociedad Anonima (YPF) Looks Good: Stock Adds 5.4% in Session
by Zacks Equity Research
YPF Sociedad Anonima (YPF) shares rose more than 5% in the last trading session, amid huge volumes.
Kinder Morgan (KMI) Q3 Earnings & Revenues Beat, Fall Y/Y
by Zacks Equity Research
Kinder Morgan's (KMI) third-quarter 2017 results exceeds expectations owing to higher contribution from Elba Express pipeline and from the liquid terminals.
Braskem (BAK) in Focus: Stock Moves 6.8% Higher
by Zacks Equity Research
Braskem (BAK) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
ExxonMobil Concludes Jurong Aromatics Deal in Singapore
by Zacks Equity Research
ExxonMobil (XOM) plans to capitalize on the growing demand for petrochemical in the Asia Pacific region.
What Falling Estimates & Price Mean for Buckeye Partners, L.P. (BPL)
by Zacks Equity Research
Buckeye Partners (BPL) has witnessed a significant price decline in the past four weeks, and has seen negative earnings estimate revisions for the current quarter and year.
Schlumberger Buys 50% Stake in Petro-SPM Integrated Services
by Zacks Equity Research
Schlumberger (SLB) buys 50% interest in Petro-SPM Integrated Services S.A. de C.V from Petrofac.
Ensco's (ESV) Drillship Receives Contract From Noble Energy
by Zacks Equity Research
Ensco's (ESV) drillship ENSCO DS-7 has been contracted by Noble Energy to drill two wells and complete four production wells at the Leviathan field development, located in the Mediterranean Sea.
Falling Earnings Estimates Signal Weakness Ahead for NuStar Energy (NS)
by Zacks Equity Research
NuStar Energy (NS) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Denbury Resources Lowers Workforce at Texas Headquarters
by Zacks Equity Research
Denbury Resources (DNR) reduces workforce by 15% at its Texas headquarters, amid lower oil price environment.
BP's Unit Brings Juniper Online on Schedule and Under Budget
by Zacks Equity Research
BP plc's (BP) unit, BP Trinidad and Tobago, commissioned the Juniper development on schedule and under budget.
SCANA Withdraws Abandonment Petition for Nuclear Project
by Zacks Equity Research
SCANA's (SCG) subsidiary South Carolina Electric & Gas Company (SCE&G) has voluntarily withdrawn its Abandonment Petition from the Public Service Commission of South Carolina.
Atwood Oceanics' Rig Approves One-Well Contract From Kosmos
by Zacks Equity Research
Atwood Oceanics's (ATW) subsidiary agrees to a one-well contract by Kosmos Energy at an undisclosed day rate for operations offshore Northwest Africa.
Kinder Morgan's Pipeline Faces Threats From Political Groups
by Zacks Equity Research
Kinder Morgan Inc.'s (KMI) $5.8-billion oil pipeline expansion is threatened by the political overtures of British Columbia, which is not in favor of this project.
BP, Kosmos Energy Team up to Develop LNG Export Project
by Zacks Equity Research
BP and Kosmos Energy enter into an agreement to farm into assets worth $916 million in the Mauritania-Senegal basin, wherein the later is planning to build an outstanding LNG project.
Shell to Resume Production at Pernis Refinery by August End
by Zacks Equity Research
Shell's (RDS.A) resumption of operations at the facility will ease the supply of fuels in the region, taking the pressure off prices.
Kosmos to Begin Drilling 3 Super-Giant Prospects in Africa
by Zacks Equity Research
Kosmos Energy (KOS) plans to commence the drilling of its trio super-giant prospects by the end of this month.
Cheniere Energy (LNG) Incurs Wider-Than-Expected Loss in Q2
by Zacks Equity Research
Cheniere Energy (LNG) posted wider-than-expected loss in Q2 owing to increased costs, while sales surpassed estimates.
Statoil Alters Ownership in Offshore Wind Project in UK
by Zacks Equity Research
Statoil (STO) inks agreement with Innogy and SSE to swap equity interests in the Dogger Bank offshore wind development project.
ConocoPhillips Weighs Alaska's Oil Asset Development Offer
by Zacks Equity Research
ConocoPhillips (COP) appraises the Alaska offer to develop an existing North Slope oil field into an area in the vicinity of big discoveries.
Andeavor (ANDV) Q2 Earnings Beat, Sales Miss Estimates
by Zacks Equity Research
Improved performance from the marketing and logistics segment offset by the weak contribution from the refining segment led to the mixed results of Andeavor (ANDV) in Q2.
Comstock (CRK) Q2 Loss Narrower Than Expected, Sales Miss
by Zacks Equity Research
Higher natural gas production and sales contributed to lower than expected loss for Comstock (CRK) in Q2. However, decline in oil production and sales resulted in lower-than-expected revenues.
Cimarex Energy (XEC) Beats Q2 Earnings & Revenue Estimates
by Zacks Equity Research
Cimarex Energy's (XEC) second-quarter 2017 results were driven by an increase in production and higher oil and gas price realizations.
BP Adds Natural Gas Well to its Asset Base in New Mexico
by Zacks Equity Research
BP p.l.c. (BP) is eyeing growth with increasing production. It recently discovered a natural gas well in its acreages in the Mancos formation.