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Zacks News
Headquartered in Houston, TX, ConocoPhillips is primarily involved in the exploration and production of oil and natural gas. Considering proved reserves and production, the company is the largest explorer and producer in the world. The company, founded in 1875, has strong presence across conventional and unconventional plays in 16 countries. ConocoPhillips’ low risk and cost-effective operations spread across North America, Asia, Australia and Europe. The upstream energy player also has foothold in Canada’s oil sand resources and has exposure to developments related to liquefied natural gas (LNG).
KBR and ConocoPhillips Team Up on Mid-Scale LNG Technology
by Zacks Equity Research
KBR and ConocoPhillips cooperate on developing a standardized processing unit for mid-scale liquefied natural gas production.
Oil & Gas Stock Roundup: Transocean's Acquisition, Chevron's Legal Victory & More
by Nilanjan Choudhury
Transocean (RIG) agreed to buy Ocean Rig UDW for $2.7 billion, while Chevron (CVX) scored a big legal victory over pollution claims in Ecuador that immunized it from paying a $9.5 billion fine.
Exxon Inks Deal to Transport LNG From North Slope to Alaska
by Zacks Equity Research
Exxon (XOM) inks agreement to alter terms of a 2012 lawsuit settlement with the owners of Point Thomson and provide natural gas for the Alaska LNG Project.
Oil Slumps Despite Big Stock Draw, Fuel Supplies to Blame
by Nilanjan Choudhury
At 401.5 million barrels, current crude supplies are 13% below the year-ago level and the lowest since February 2015.
Equinor (EQNR) Commissions Visund Nord IOR Ahead of Schedule
by Zacks Equity Research
Equinor (EQNR), the operator of Visund Nord IOR, brings project online within 21 months of the license partners picking the concept, with a budget 15% below the initial projection.
Oil & Gas Stock Roundup: ExxonMobil's Oil Find, Canadian Natural's Acquisition & More
by Nilanjan Choudhury
ExxonMobil (XOM) announced a major oil discovery offshore Guyana, while Canadian Natural Resources (CNQ) bought the troubled Joslyn oil sands project.
Oil Finds Higher Ground After U.S. Crude Inventories Fall
by Nilanjan Choudhury
U.S. crude oil stockiles fell sharply last week as exports rose to an average of 1.78 million barrels per day, the Energy Information Administration said on Wednesday.
Oil & Gas Stock Roundup: Diamondback's Acquisition Steals the Show
by Nilanjan Choudhury
Diamondback Energy (FANG) took the acquisition route to expand market reach in the Permian play, while ConocoPhillips (COP) secured a payout from Venezuela.
Company News For Aug 21, 2018
by Zacks Equity Research
Companies In The News are: EL,COP,PX,AMRX
Stock Market News For Aug 21, 2018
by Zacks Equity Research
Wall Street closed on a winning note on Monday buoyed by the announcement of two multi-billion dollar mergers & acquisition deals
ConocoPhillips to Get Compensation of $2B from PDVSA
by Zacks Equity Research
ConocoPhillips (COP) to recover $2 billion from PDVSA under the rules of the International Chamber of Commerce for fraudulent expropriation of assets.
Tallgrass to Gauge Shipping Interest for Seahorse Pipeline
by Zacks Equity Research
Tallgrass' (TGE) open season for Seahorse crude pipeline is expected to end on Oct 1.
Shell Midstream Holds Open Season for Zydeco's Added Capacity
by Zacks Equity Research
The binding open season for Shell Midstream's (SHLX) Zydeco Pipeline will be concluded on Sep 28.
Is ConocoPhillips (COP) Stock Outpacing Its Oils-Energy Peers This Year?
by Zacks Equity Research
Is (COP) Outperforming Other Oils-Energy Stocks This Year?
Oil & Gas Stock Roundup: Occidental & Cheniere's Q2, Apache's Midstream Partnership & More
by Nilanjan Choudhury
Occidental Petroleum (OXY) and Cheniere Energy (LNG) announced disappointing Q2 results, while Apache Corporation (APA) formed a partnership to create a pure-play Permian Basin midstream firm.
Oceaneering (OII) Wins 3-Year E-ROV Contract From Equinor
by Zacks Equity Research
Oceaneering's (OII) E-ROV system will be deployed at water depth till 1000 meters in the Norwegian Continental Shelf.
Comstock (CRK) Q2 Earnings Beat on Output Growth, Sales Miss
by Zacks Equity Research
Comstock's (CRK) second-quarter results reflect positive impacts from its successful Haynesville shale drilling program.
Will Cenovus (CVE) Gain From C$625M Pipestone Business Sale?
by Zacks Equity Research
Cenovus (CVE) reveals that the to-be-divested Pipestone business produced 8,800 barrels of oil equivalent per day (BOE/d) through the January-to-June period of 2018.
Parsley Energy (PE) Q2 Earnings Jump on Production, Oil Price
by Zacks Equity Research
Parsley Energy's (PE) second-quarter average daily equivalent production volume surges 67% year over year.
China Enforces Tariffs On U.S. LNG: Will Oil Market Bloom?
by Gourav Kanti Bagchi
U.S. LNG will continue to thrive as the country is already the biggest producer of LNG in the world.
Occidental (OXY) Q2 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
Occidental Petroleum's (OXY) Q2 earnings miss estimates but revenues surpass the same by 1.9%.
NuStar's (NS) Q2 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
NuStar's (NS) distributable cash flow available to limited partners in the second quarter surges 36% from the year-ago quarter.
COP or ANDX: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
COP vs. ANDX: Which Stock Is the Better Value Option?
Continental Resources (CLR) Q2 Earnings Top on Surging Output
by Zacks Equity Research
Continental Resources (CLR) registers a year-over-year increase in production from the North Dakota Bakken in the second quarter of 2018.
Callon Petroleum (CPE) Q2 Earnings In Line, Output Surges
by Zacks Equity Research
In the second quarter of 2018, majority of the total production of Callon Petroleum (CPE) is oil.