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Zacks News
PetroChina Reports Hydrocarbon Flow From Tarim Basin Well
by Zacks Equity Research
PetroChina (PTR) intends to achieve 30 million tons of oil equivalent production per annum from the Tarim Basin by 2020.
TOTAL to Sell 4% Interest in Ichthys to Offset Cost Overruns
by Zacks Equity Research
TOTAL (TOT) decides to monetize a portion of its holdings in the Ichthys liquefied natural gas project for offsetting the impact of cost overruns.
TechnipFMC (FTI) Boosts Buyback: What Else Should You Know?
by Zacks Equity Research
In addition to boosting the repurchase program, TechnipFMC (FTI) also outlines its financial guidance and capex budget for 2019.
Here's Why Investors Should Bet on Eni (E) Stock Right Away
by Zacks Equity Research
Eni (E) expects new upstream projects to sustain at oil price lower than $30 a barrel.
Where Will Chevron (CVX) Spend the Bulk of Its 2019 Capex?
by Nilanjan Choudhury
Chevron (CVX) expects more than two-thirds of its spending to realize cash flows in two years of investment - most of these being shorter-cycle, high-return projects.
Is Eni SpA (E) a Great Value Stock Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Crude Oil Prices Likely to Stay Firm in 2019: 5 Top Picks
by Nalak Das
Crude oil prices are likely to go up in 2019 as global oil demand remains firm.
Eni (E) Strikes Premium Oil in Afoxe-1 NFW Well Off Angola
by Zacks Equity Research
Eni (E) estimates findings in the Afoxe exploration prospect to comprise light crude between 170 and 200 million barrels.
TOTAL Launches New Fluids for Electric & Hybrid Vehicles
by Zacks Equity Research
TOTAL (TOT) launches two types of fluids, which will aid electric and hybrid vehicles to run smoothly.
Eni (E) Receives Approval for Nour Concession Stake Sale
by Zacks Equity Research
The approval follows Eni's (E) Farm Out agreements with Mubadala Petroleum and BP.
Clearway Energy (CWEN) to Grow on Capex & Renewable Focus
by Zacks Equity Research
Clearway Energy's (CWEN) ongoing capital investment strategy, business expansions via organic and inorganic means plus focus on renewable energy are likely to boost the stock's performance.
5 Reasons to Add Warrior Met Coal Stock to Your Portfolio
by Zacks Equity Research
Warrior Met Coal (HCC) assures to garner higher returns for yield-seeking investors on the back of five factors.
Ecopetrol's (EC) Ratings Upgraded by Fitch, Outlook Stable
by Zacks Equity Research
Fitch Ratings rates stand-alone credit profile of Ecopetrol (EC) as BBB against the prior rating of BBB-.
Chevron Unveils $20B Capital Expenditure Budget for 2019
by Zacks Equity Research
Chevron's (CVX) total capital expenditure budget for 2019 marks the first increase in four years.
Here's Why Enterprise (EPD) Stock is a Must Buy Right Now
by Zacks Equity Research
The value chain of integrated midstream operations secures Enterprise Products (EPD) with a stable flow of fee-based revenues.
Equinor (EQNR), Faroe Swap Assets to Rebalance Portfolio
by Zacks Equity Research
Faroe's equity in the Njord, Hyme and Bauge developments will be traded for Equinor's (EQNR) interests in the producing Alve, Marulk, Ringhorne East and Vilje fields.
Transocean Closes Ocean Rig Buyout, Boosts Fleet Strength
by Zacks Equity Research
Transocean (RIG) pays $2.7 billion to acquire Ocean Rig, which adds 13 units to its fleet.
Schlumberger Expects North America Revenues to Fall in Q4
by Zacks Equity Research
Declining hydraulic fracturing pricing is dragging Schlumberger's (SLB) fourth-quarter North America revenues down.
Shell's (RDS.A) Prelude FLNG to Start Production by Month End
by Zacks Equity Research
Being a significant project in the portfolio of Shell (RDS.A), Prelude FLNG is a path-breaking facility for the emergence of floating LNG.
Here's Why California (CRC) Stock is a Must Buy Right Now
by Zacks Equity Research
Through the first nine months of 2018, California (CRC) drilled roughly 151 wells that yield 131,000 BoE per day.
Eni to Initiate Production From the Merakes Project in 2021
by Zacks Equity Research
Eni's (E) initial production at Merakes is likely to reach 155 mmcfd, which will subsequently increase to a projected peak output of 391 mmcfd.
SemGroup (SEMG) Commences Open Season for Gladiator Pipeline
by Zacks Equity Research
SemGroup's (SEMG) Gladiator Pipeline is expected to connect Cushing, OK and Houston, TX.
Is Helmerich (HP) the Best Pick in the Drilling Space Now?
by Zacks Equity Research
Differentiating technology, strong financials and high demand for Helmerich's (HP) FlexRigs make the stock an attractive pick at the moment.
Shell to Tether Executive Income With Carbon Emission Target
by Zacks Equity Research
Investors convince Shell (RDS.A) to tie top-tier employee remunerations with carbon reduction initiatives.
Exxon (XOM) Discovers Oil in the Pluma-1 Exploration Well
by Zacks Equity Research
The offshore Guyana oil find at the Pluma-1 well marks Exxon's (XOM) 10th discovery on the Stabroek Block.