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Zacks News
National Oilwell (NOV) Q2 Loss in Line, Revenues Miss Mark
by Zacks Equity Research
National Oilwell's (NOV) Q2 loss per share was in line with estimates but narrower than the prior-year quarter due to cost-control measures and rising momentum in the U.S. land market.
Cabot (COG) Misses Q2 Earnings, Beats Revenue Estimates
by Zacks Equity Research
Increased costs led to the lower-than-expected second-quarter earnings of Cabot (COG).
Suncor (SU) Misses Earnings and Revenue Estimates in Q2
by Zacks Equity Research
Increased costs led to the weaker-than-expected second-quarter results of Suncor Energy (SU)
Valero Energy (VLO) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Valero Energy's (VLO) strong second-quarter results were aided by higher margin on the back of 96% throughput capacity utilization.
Helmerich & Payne (HP) Q3 Loss Lower Than Expected, Sales Top
by Zacks Equity Research
Helmerich & Payne (HP) delivered solid Q3 results on the back of improving momentum in the North American land market along with increased margins in the offshore and international markets.
TechnipFMC (FTI) Beats Earnings and Revenue Estimates in Q2
by Zacks Equity Research
TechnipFMC (FTI) delivered solid Q2 results on the back of steady project executions along with increased focus on efficiencies.
ExxonMobil Discovers Oil Again in Payara-2 Offshore Guyana
by Zacks Equity Research
ExxonMobil (XOM) increases its recoverable resources in offshore Guyana again through new discovery.
Hess Corp (HES) Reports Wider-than-Expected Loss in Q2
by Zacks Equity Research
Lower gas prices push Hess Corporation (HES) to post wider-than-expected loss from continuing operations in second quarter 2017.
McDermott (MDR) Lags Q2 Earnings and Revenue, Stock Falls
by Zacks Equity Research
McDermott International Inc. (MDR) shares declined after it missed estimates in Q2 owing to escalating costs. This broke the company's stellar track record of estimate beats in the last 10 quarters.
American Midstream Inks Deal to Sell Propane Related Assets
by Zacks Equity Research
American Midstream (AMID) moved one step closer to realize its strategy of increasing long-term value assets by divesting its propane assets to SHV Energy.
Select Energy (WTTR) to Acquire Rockwater for Over $470M
by Zacks Equity Research
Select Energy (WTTR) plans to acquire Houston-based Rockwater Energy Solutions in an all-stock deal.
ExxonMobil Confronts OFAC on Violations in Russian Sanction
by Zacks Equity Research
ExxonMobil (XOM) has initiated a legal confrontation against OFAC on retroactive changes to guidance on Russian sanctions.
Transocean Secures Quadrant Energy Contract in Australia
by Zacks Equity Research
Transocean (RIG) received a contract from Australia's Quadrant for drilling in offshore Western Australia.
Kinder Morgan (KMI) Earnings In Line, Revenues Beat in Q2
by Zacks Equity Research
Kinder Morgan's (KMI) second-quarter 2017 earnings meet estimates. Revenues beat on increased contribution from the liquid terminals and successful initial public offering of its Canadian business.
Braskem (BAK) in Focus: Stock Moves 5.2% Higher
by Zacks Equity Research
Braskem (BAK) was a big mover last session, as the company saw its rise over 5% on the day amid huge volumes.
Can Braskem (BAK) Run Higher on Strong Earnings Estimate Revisions?
by Zacks Equity Research
Braskem (BAK) is seeing solid earnings estimate revisions, and the stock is showing decent short-term momentum as well.
Should Value Investors Pick Braskem S.A. (BAK) Stock Now?
by Zacks Equity Research
Is Braskem a great pick from the value investor's perspective right now? Read on to know more.
Why Braskem (BAK) Could Be a Top Value Stock Pick
by Zacks Equity Research
Braskem (BAK) seems to be a good value pick, as it has decent revenue metrics to back up its earnings, and is seeing solid earnings estimate revisions as well.
Renewable Energy (REGI) Scales 52-Week High on Acquisition
by Zacks Equity Research
Renewable Energy Group, Inc. (REGI) touched a new 52-week high of $13.39, eventually closing at a tad lower at $13.10 on Jul 3.
Shell's Prelude FLNG Facility Leaves Port for Australia
by Zacks Equity Research
Royal Dutch Shell PLC's flagship project, Prelude floating liquefied natural gas (FLNG) facility, finally set sail from the South Korean shipyard toward the north-west Australia.
Petrobras (PBR) to Monitor Fuel Prices on a Daily Basis
by Zacks Equity Research
Petrobras (PBR) recently announced that its board of directors have approved to review fuel prices more frequently to compete with private importers.
Falling Earnings Estimates Signal Weakness Ahead for Penn Virginia (PVAC)
by Zacks Equity Research
One stock that you may want to consider dropping is Penn Virginia Corporation (PVAC), which has witnessed a significant price decline in the past four weeks.
Why NGL Energy (NGL) Could Be Positioned for a Slump
by Zacks Equity Research
NGL Energy (NGL) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Statoil (STO) Foresees Threefold Rise in Brazil Production
by Zacks Equity Research
Statoil ASA (STO) intends to more than triple its oil and gas production in Brazil by 2030.
What Falling Estimates & Price Mean for Unit Corporation (UNT)
by Zacks Equity Research
One stock that you may want to consider dropping is Unit Corporation (UNT), which has witnessed a significant price decline in the past four weeks