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Zacks News
The Zacks Analyst Blog Highlights: BP, ExxonMobil, Marathon Petroleum, Transocean and Kinder Morgan
by Zacks Equity Research
The Zacks Analyst Blog Highlights: BP, ExxonMobil, Marathon Petroleum, Transocean and Kinder Morgan
Shell (RDS.A) Renews Q3 Outlook, Rides on High LNG Volumes
by Zacks Equity Research
Royal Dutch Shell (RDS.A) forecasts its third-quarter LNG liquefication volumes to increase 10-14% compared with its previous year's quarterly output.
ExxonMobil & 13 Others to Partake in Huge Brazil Oil Auction
by Zacks Equity Research
Brazil is expected to receive 106 billion Reais ($25 billion) from selling offshore oil leases to 14 energy companies.
Oil & Gas Stock Roundup: BP & ExxonMobil's Multibillion Dollar Deals Steal the Show
by Nilanjan Choudhury
BP plc (BP) sealed an estimated $9.61 billion worth of gas deal with a South Korean buyer, while ExxonMobil (XOM) signed an agreement to divest its oil and gas business in Norway for $4.5 billion.
BP (BP) Stock Moves -0.76%: What You Should Know
by Zacks Equity Research
BP (BP) closed the most recent trading day at $37.70, moving -0.76% from the previous trading session.
Valaris (VAL) to Provide Jack-Up for Seagull Oil Project
by Zacks Equity Research
Rowan Gorilla VI, Valaris' (VAL) heavy-duty jack-up, will be employed by Neptune Energy to drill four firm wells.
Top Research Reports for Visa, Procter & Gamble & Coca-Cola
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Visa Inc. (V), The Procter & Gamble Company (PG) and The Coca-Cola Company (KO)
Stock Market News for Sep 25, 2019
by Zacks Equity Research
Major indexes closed in the red on Tuesday after President Donald Trump accused China as he spoke to the United Nations General Assembly.
BP Signs $9.61B LNG Supply Deal With South Korea's KOGAS
by Zacks Equity Research
Per the latest deal, energy giant BP can supply LNG either from the Freeport LNG terminal located in Texas or Calcasieu Pass terminal in Louisiana.
BP (BP) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
BP (BP) closed at $38.13 in the latest trading session, marking a -1.63% move from the prior day.
Talos Sells Stake in GoM Block to BP, Buys ExxonMobil Blocks
by Zacks Equity Research
Talos Energy (TALO) expands GoM footprint with the acquisition of the Hershey prospect from ExxonMobil, while divests Puma West stake to BP for cost reduction.
Outlook for Oil & Gas Integrated International Industry Bleak
by Nilanjan Banerjee
Weak commodity prices and slowing global economy continue to hurt international integrated energy firms.
BP (BP) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, BP (BP) closed at $38.59, marking a +0.13% move from the previous day.
5 Oil Stocks to Win Big as Prices Jump on Middle East Tension
by Nalak Das
The drone attack on Saudi Arabia could have a far-reaching impact on oil prices as it eliminated roughly 5% of daily oil supply globally and it is not possible to mitigate these losses immediately.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Royal Dutch Shell and Valero
U.S. Oil Ends Lower Even as EIA Reveals Drop in Inventories
by Nilanjan Choudhury
While EIA reports the fourth straight weekly inventory decline, crude prices fall after OPEC cut its forecast for oil demand growth this year and next.
BP (BP) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
BP (BP) closed the most recent trading day at $37.84, moving +0.91% from the previous trading session.
ExxonMobil to Divest Oil & Gas Resources in Norway For $4B
by Zacks Equity Research
ExxonMobil's (XOM) decision to sell Norway oil & natural gas assets reflects strong focus on boosting oil equivalent volumes from American onshore shale resources.
BP Sees Worldwide Oil Demand to Grow at a Slower Pace in '19
by Zacks Equity Research
BP reportedly announces that the escalating tariff war between the United States & China, and growing fears of recession have been denting demand for oil and refined petroleum products.
BP (BP) Gains But Lags Market: What You Should Know
by Zacks Equity Research
BP (BP) closed the most recent trading day at $37.31, moving +0.97% from the previous trading session.
Oil & Gas Stock Roundup: BP Out of Alaska, Equinor Speeds Up Oil Field Start Up
by Nilanjan Choudhury
BP plc (BP) farmed out of Alaska, selling its entire business to Hilcorp Energy for $5.6 billion, while Equinor (EQNR) indicated an earlier-than-expected start up of the giant Johan Sverdrup field.
Stock Market News for Aug 28, 2019
by Zacks Equity Research
Benchmarks closed in the red on Tuesday as hopes for a U.S.-China trade war resolution dims, and fears of global economic slowdown intensifies.
BP Signs $5.6B Agreement to Exit Alaska After 60 Long Years
by Zacks Equity Research
The assets to be divested entail BP's entire upstream and midstream operations in Alaska.
BP Places 21 Bids in the Latest US Gulf of Mexico Lease Sale
by Zacks Equity Research
BP tallies the second highest bids in the U.S. GoM lease sale 253, which receives 165 bids from 27 companies.
Baker Hughes (BHGE) Wins Contract for Calcasieu Pass Project
by Zacks Equity Research
Baker Hughes (BHGE) expects the deliveries of equipment to commence in second-half 2020 at the Calcasieu Pass project site.