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Zacks News
BP Beats Q1 Earnings & Revenues Estimates
by Zacks Equity Research
Higher oil equivalent production volumes supports BP's Q1 earnings.
Factors to Consider Ahead of BP's Q1 Earnings Release
by Zacks Equity Research
Crude recovery through Q1 is likely to favor BP's upstream operations.
BP (BP) Dips More Than Broader Markets: What You Should Know
by Zacks Equity Research
In the latest trading session, BP (BP) closed at $44.13, marking a -1.98% move from the previous day.
What's in the Cards for Valero Energy (VLO) in Q1 Earnings?
by Zacks Equity Research
Significant recovery in oil price through the March quarter of 2019 may hurt Valero Energy's (VLO) refining business.
BP to Substantially Boost U.S. Onshore Upstream Expenditure
by Zacks Equity Research
BP will raise U.S. onshore upstream expenditure for 2019 in the range of $2-$2.5 billion, up from last year's $1 billion.
Global Oil & Gas Discoveries to Witness Major Uptick in 2019
by Rimmi Singhi
Volumes from global oil and gas discoveries are likely to rise 30% year over year in 2019, which will mark the highest levels since the crude downturn.
Chevron's North Sea Asset Divestment Attracts Delek & Ineos
by Zacks Equity Research
Chevron's (CVX) move of divesting North Sea assets will enable it to focus on more profitable U.S. Shale and GoM.
BP (BP) Flat As Market Sinks: What You Should Know
by Zacks Equity Research
BP (BP) closed the most recent trading day at $44.67, making no change from the previous trading session.
Oil ETFs Surge as Chevron Plans to Buy Anadarko
by Sweta Killa
The deal news has sparked a new wave of mergers and acquisitions in the energy sector, boosting shares of shale oil companies and ETFs.
KBR Arm Wins Contract for BP's Greater Tortue Ahmeyim Project
by Zacks Equity Research
KBR's U.K. unit receives a contract for the upcoming development phases of BP's Greater Tortue Ahmeyim project.
BP Awards Pre-FEED Deal for Greater Tortue Ahmeyim Project
by Zacks Equity Research
BP's (BP) contract for pre-FEED services to KBR is expected to boost natural gas production.
BP (BP) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, BP (BP) closed at $45.23, marking a +1.57% move from the previous day.
Shell (RDS.A) to Quit U.S. Refining Lobby on Climate Dissent
by Zacks Equity Research
Shell (RDS.A) fully supports 2015 Paris Agreement goals, which focus on restricting global warming through lowering carbon emissions to a net zero by the second half of this century.
Noble Energy Approves Alen Gas Project in Equatorial Guinea
by Zacks Equity Research
Noble Energy (NBL) approves the development of Alen natural gas project that is situated offshore Equatorial Guinea.
BP (BP) Gains But Lags Market: What You Should Know
by Zacks Equity Research
BP (BP) closed at $44.09 in the latest trading session, marking a +0.85% move from the prior day.
Buy Walgreens (WBA) Stock Ahead of Q2 Earnings, Before CBD Push?
by Benjamin Rains
Shares of Walgreens Boots Alliance, Inc. (WBA) have fallen roughly 9% this year, which stands in contrast to the market's nearly 13% climb and its industry's 4.5% average gains. But is it time to buy WBA stock ahead of earnings?
Oil Fundamentals Changing: How to Trade New Environment
by Daniel Laboe
Fundamentally oil and equity prices have been inversely correlated, which makes sense logically. As oil prices rise, energy costs for businesses increase. This would, in turn, hurt a company???s bottom line. In fact, almost every recession since WWII had seen a severe increase in oil prices. This logical correlation has reversed in the last year or 2.
How Venezuela's Loss Is Turning into Shell and BP's Gain
by Nilanjan Choudhury
A number of domestic refiners located along the Gulf Coast and in the Midwest prefer to import crude from countries like Mexico, Canada and Venezuela.
BP Allocates Another $100M Toward GHG Emission Reduction
by Zacks Equity Research
BP's (BP) commitment to reduce greenhouse gas (GHG) emissions is reiterated by its setting up of a $100 million fund.
BP (BP) Gains But Lags Market: What You Should Know
by Zacks Equity Research
BP (BP) closed at $43.82 in the latest trading session, marking a +0.67% move from the prior day.
McDermott Scoops Up Middle East Contract Worth $500-750M
by Zacks Equity Research
With ongoing contract wins, McDermott's (MDR) backlog and revenue pipeline are likely to witness further momentum.
Shell (RDS.A) Bets Big in GoM, Spends $84.8M in High Bids
by Zacks Equity Research
Shell spends $84.8 million on 87 high bids, the highest in each of the categories.
Valvoline (VVV) Opens VIOC Service Center in Williamsburg
by Zacks Equity Research
Valvoline's (VVV) instant oil change service centers provide tire rotation, preventive maintenance services and replacement of safety parts.
Eni Discovers Oil and Gas Reserves in PL869 in North Sea
by Zacks Equity Research
Eni (E) conducts drilling activity in the exploration well 24/9-14S and the horizontal appraisal well 24/9-14A in the Froskelar Main prospect.
BP (BP) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, BP (BP) closed at $44.53, marking a +0.13% move from the previous day.