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Zacks News
Here's Why BP Taps Hybrid Bond Market for the First Time
by Zacks Equity Research
The issuance of hybrid bond will fortify BP's financial footing.
Stock Market News for Jun 16, 2020
by Zacks Equity Research
Benchmarks closed higher on Monday after the Federal Reserve announced that it will purchase corporate bonds.
Oil & Gas Stock Roundup: BP's $17.5B Writedown, ConocoPhillips' Production Plans & More
by Nilanjan Choudhury
BP plc (BP) will take a $17.5 billion write-down in its second-quarter results, while ConocoPhillips (COP) said that it will restore its oil production on improving fundamentals.
Here's Why BP Decides to Write Off Up to $17.5B From Assets
by Zacks Equity Research
BP expects the prevalent pandemic crisis to continue to affect global energy demand.
BP (BP) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
BP (BP) closed at $24.36 in the latest trading session, marking a -1.58% move from the prior day.
The Zacks Analyst Blog Highlights: Facebook, Adobe Systems, BP, Boeing and Sony
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Adobe Systems, BP, Boeing and Sony
Top Analyst Reports for Facebook, Adobe, BP & Others
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Facebook (FB), Adobe Systems (ADBE) and BP p.l.c. (BP)
Oil & Gas Stock Roundup: BP's Job Cuts, TOTAL's Wind Farm Deal & More
by Nilanjan Choudhury
BP plc (BP) said it would cut 10,000 jobs in response to crashing oil prices, while TOTAL S.A. (TOT) agreed to purchase a 51% stake in the Seagreen 1 offshore wind farm project in Scottish waters.
BP Gains on Decision to Lay Off 10,000 Global Employees
by Zacks Equity Research
BP says it is time to reinvent, considering the pandemic-hit business environment.
Hollyfrontier to Slash CEO Pay by 10% Amid Coronavirus Havoc
by Zacks Equity Research
Hollyfrontier (HFC) plans a 10% cutback in the cash remuneration of its non-staff directors for the remaining year.
BP to Divest Stake in Oman Gas Project for Over $1 Billion
by Zacks Equity Research
BP's Khazzan natural gas field stake divestment will likely help the company to reduce its debt load.
Outlook for Oil & Gas Integrated International Industry Bright
by Nilanjan Banerjee
The upstream, midstream and downstream business scenarios are quite favorable for integrated international energy players.
Crude Woes: Chevron to Make Nearly 10-15% Staff Redundant
by Zacks Equity Research
Chevron (CVX) is trimming about 6,000 positions from its total payroll of 45,000 at its non-gas station for an organizational rejig.
The Zacks Analyst Blog Highlights: Apple, Verizon Communications, PayPal, BP and General Electric
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Verizon Communications, PayPal, BP and General Electric
Top Analyst Reports for Apple, Verizon & PayPal
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Apple (AAPL), Verizon Communications (VZ) and PayPal (PYPL).
Climate Crusaders vs. Big Oil: Who Will Win the Legal Row?
by Zacks Equity Research
Climate suits against Big Oil and other fossil fuel companies cruise to state court proceedings following Ninth Circuit's ruling.
Southern Company (SO) Targets Net-Zero Emissions by 2050
by Zacks Equity Research
Southern Company (SO) is set to adopt technology-based negative carbon solutions to boost emission-reduction efforts.
B&G Foods, Boot Barn, Royal Dutch Shell, TOTAL and BP highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
B&G Foods, Boot Barn, Royal Dutch Shell, TOTAL and BP highlighted as Zacks Bull and Bear of the Day
America's Fossil Fuel or Europe's Bet on Low Carbon Future?
by Zacks Equity Research
The coronavirus pandemic has indelibly impacted the global energy sector. Although the demand for oil has noticeably dropped and prices have plunged, the pace of shift to renewable energy from fossil fuel is still uncertain.
The Zacks Analyst Blog Highlights: EOG Resources, Occidental Petroleum, ExxonMobil, Chevron and BP
by Zacks Equity Research
The Zacks Analyst Blog Highlights: EOG Resources, Occidental Petroleum, ExxonMobil, Chevron and BP
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Equinor and Royal Dutch Shell
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Equinor and Royal Dutch Shell
4 Reasons Why U.S. Oil Prices Moved 9% Higher on May 14
by Nilanjan Choudhury
On Thursday, WTI crude futures marked their highest finish since Apr 3.
Here's What the EIA's Latest Crude Inventory Report Revealed
by Nilanjan Choudhury
U.S. government data revealing the first decline in domestic crude supplies in 16 weeks.
Shell Cuts Dividend, Will Other Big Oil Firms Follow Suit?
by Nilanjan Choudhury
We have analyzed three major integrated companies - ExxonMobil (XOM), Chevron (CVX) and BP plc (BP) - to get a view on dividend cut.
Plains All American (PAA) Q1 Earnings Beat Estimates, Down Y/Y
by Zacks Equity Research
Plains All American's (PAA) first-quarter 2020 revenues decline on a year-over-year basis.