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Zacks News
Suncor Syncrude Project to Be Fully Operational June Onward
by Zacks Equity Research
Suncor Energy Inc. (SU) announced that the Syncrude oil sands project in Canada will resume production at its full potential by the end of June.
Core Laboratories (CLB) Tops Earnings and Revenues in Q1
by Zacks Equity Research
Core Laboratories N.V. (CLB) reported first-quarter 2017 adjusted diluted earnings of 42 cents per share, surpassing the Zacks Consensus Estimate of 39 cents.
Eni Announces Temporary Shut Down Val d'Agri Oil Centre
by Zacks Equity Research
Eni SpA (E) recently announced its plans to temporarily shut down the Val d'Agri Oil Centre. In fact, the company has already begun the procedures for plant closure.
Williams Partners Sells Stake in Williams Olefins for $2.1B
by Zacks Equity Research
Williams Partners L.P. (WPZ) recently announced that it has agreed to divest 100% of its membership interest in Williams Olefins LLC, to NOVA Chemicals for $2.1 billion in cash
ConocoPhillips Divests San Juan Basin Assets for $3 Billion
by Zacks Equity Research
ConocoPhillips recently entered into a definitive agreement to divest its interest in the San Juan Basin to an affiliate of Hilcorp Energy Company for about $3 billion of total proceeds.
Schlumberger, YPF Ink Bandurria Sur Block Development Deal
by Zacks Equity Research
Schlumberger Ltd. (SLB) recently inked an agreement with Argentina's leading energy company, YPF, to begin a shale oil pilot project in Bandurria Sur Block in Vaca Muerta, Neuquen.
SeaDrill Unit Clinches Twin Contracts from ConocoPhillips
by Zacks Equity Research
SeaDrill Limited (SDRL) recently declared that its affiliate, North Atlantic Drilling Limited (NADL), has been awarded contracts for its jack-ups - West Elara and West Linus - from ConocoPhillips (COP).
Profit from Canada's Growth Story with These 4 Top-Ranked Stocks
by Swarup Gupta
Bank of Canada acknowledged that economic growth was surpassing its expectations.
Cimarex (XEC) Announces Expiration of 5.875% Senior Notes
by Zacks Equity Research
Cimarex Energy Co. (XEC) recently declared that its earlier announced cash tender offer to purchase any and all of the outstanding aggregate principal amount of its 5.875% Senior Notes, due 2022, expired on Apr 7, 2017.
Cenovus Prices $2.9B Debt Offering to Fund Acquisition Deal
by Zacks Equity Research
Cenovus Energy Inc. (CVE) recently priced U.S. $2.9 billion of senior notes.
The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Concho Resources, Pioneer Natural Resources, Cenovus Energy, Evolution Petroleum and W&T Offshore
Statoil Contracts Transocean Rigs to Drill Exploration Wells
by Zacks Equity Research
Statoil ASA (STO) recently announced that it, along with its license partners, has decided to use Transocean Ltd.s (RIG) semisubmersible rig ??? Transocean Spitsbergen ??? on three exploration wells in the U.K.
5 Oil Stock Earnings Set to Double in Q1
by Zacks Equity Research
We have zeroed in on a few oil stocks that have the potential to post a substantial increase in first quarter 2017 earnings from the year-ago comparable quarter.
Eni Announces Discovery of Gas & Condensates Offshore Libya
by Zacks Equity Research
Eni SpA (E) recently announced the discovery of gas and condensates offshore Libya.
BP Inks Deal to Divest Forties Pipeline System to INEOS
by Zacks Equity Research
BP plc (BP) recently inked an agreement with INEOS to divest its Forties Pipeline System ('FPS') business.
Oil & Gas Stock Roundup: ConocoPhillips' $13.3B Asset Sale, Exxon's Guyana Oil Find and More
by Nilanjan Choudhury
It was a week where oil prices reclaimed the $50-a-barrel level, while natural gas futures climbed to a 2-month high.
BP & Accsys Technologies to Form Wood Acetylation Consortium
by Zacks Equity Research
According to recent reports, BP plc (BP) and Accsys Technologies ??? through its subsidiaries Tricoya Technologies Limited ("TTL") and Medite ??? have announced the formation of a consortium, Tricoya Ventures UK Limited ("TVUK").
Eni to Divest Gas & Power Operations in Belgium to Eneco
by Zacks Equity Research
Eni SpA (E) recently announced that it has inked a sale and purchase agreement with Eneco.
Here's Why ConocoPhillips Will Sell $13.3B Canadian Assets
by Zacks Equity Research
ConocoPhillips (COP) recently announced its decision to divest a huge chunk of its Canadian properties to Cenovus Energy Inc. (CVE).
Suncor Likely to Achieve 2017 Target Despite Syncrude Fire
by Zacks Equity Research
Suncor Energy Inc. (SU) recently declared that production at Syncrude oil sands project is on track and will meet the target set for 2017.
Eni Expands in Mexico, Drills Amoca-2 Well in Campeche Bay
by Zacks Equity Research
Eni SpA (E) recently announced that it has drilled the first well ??? Amoca-2 ??? in the shallow waters of Campeche Bay, offshore Mexico.
Why Cenovus Energy (CVE) Could Shock the Market Soon
by Zacks Equity Research
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Cenovus Energy Inc. (CVE).
Pioneer (PXD) to Sell Martin County Acreage for $266 Million
by Zacks Equity Research
Pioneer Natural Resources Company (PXD) has recently inked a purchase and sale agreement to divest its earlier announced acreage package in northeastern Martin County, TX, effective Jan 1, 2017.
Cenovus Energy Inc. (CVE) Shows Strength: Stock Up 5.4%
by Zacks Equity Research
Cenovus Energy Inc. (CVE) shares rise above 5% in the last trading session.
Ensco Extends Exchange Offer for 8.00% Senior Notes Due '24
by Zacks Equity Research
Ensco plc (ESV) declared that it has extended the expiration date for its earlier announced offer to exchange any and all of its $332,048,000 outstanding principal amount of 8.00% Senior Notes due 2024.