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Zacks News
Stock Market News For Jul 5, 2018
by Zacks Equity Research
Markets closed lower on Tuesday as a selloff in tech stocks pared earlier gains made by energy stocks.
Enbridge (ENB) to Divest Natural Gas G&P Units, Raise $4.3B
by Zacks Equity Research
Enbridge's (ENB) assets in the divestment have a total capacity of 3.3 Bcf/day and 3,550 kilometer of natural gas gathering pipelines.
Enbridge (ENB) in Focus: Stock Moves 7.8% Higher
by Zacks Equity Research
Enbridge (ENB) was a big mover last session, as the company saw its shares rise nearly 8% on the day.
Stock Market News For Jun 29, 2018
by Zacks Equity Research
Wall Street bounce back on Thursday as all three major stock indexes closed in positive territory.
Enbridge Receives PUC Nod for Line 3 Replacement Project
by Zacks Equity Research
PUC approves Enbridge's (ENB) replacement plan with minor alterations and certain conditions. However, protestors state that the project is a threat to the environment.
Cheniere Energy (LNG) to Acquire Cheniere Partners Holdings
by Zacks Equity Research
Cheniere Energy (LNG) to acquire all of the outstanding units of Cheniere Partners Holdings. The proposed deal is likely to be a tax-free exchange to the unitholders of the latter.
North Dakota Bakken Oil Play: Buy the Record Production
by Nilanjan Choudhury
North Dakota's oil production rose nicely in April, and, with crude prices likely to remain strong, monthly output should break its old record by the end of this month.
Enbridge (ENB) Commences Mex-Border Pipeline's Offshore Work
by Zacks Equity Research
Enbridge (ENB) begins work on the offshore border-crossing section of its $1.6 billion Valley Crossing natural gas pipeline between Texas and Mexico.
Enbridge (ENB) Down 5.5% Since Earnings Report: Can It Rebound?
by Zacks Equity Research
Enbridge (ENB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Zacks Analyst Blog Highlights: Phillips, Enbridge, Marathon Petroleum, Continental Resources and Hess
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Phillips, Enbridge, Marathon Petroleum, Continental Resources and Hess
The Zacks Analyst Blog Highlights: Marathon Oil, Cenovus, Kinder Morgan, TransCanada and Enbridge
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Marathon Oil, Cenovus, Kinder Morgan, TransCanada and Enbridge
Is Canada's Oil Pipeline Bottleneck Choking the Economy?
by Kaibalya Pravo Dey
Canadian oil sands are home to some of the world's largest crude deposits but reduced pipeline access to the American market has created a supply glut leading to significantly lower prices.
Kinder Morgan (KMI) Gets Financial Assurance from Canada
by Zacks Equity Research
Kinder Morgan's (KMI) Trans Mountain expansion project losses in Canada will receive compensation against politically-motivated delays.
Enbridge (ENB) Q1 Earnings, Revenues Rise on Higher Volumes
by Zacks Equity Research
Higher delivery of liquids from the Canadian Mainline and Lakehead System supports Enbridge's (ENB) Q1 earnings.
Stock Market News For May 10, 2018
by Zacks Equity Research
Markets closed higher on Wednesday, driven by a rally in energy stocks, as oil prices soared.
Enbridge to Sell Midstream Businesses in Texas and Oklahoma
by Zacks Equity Research
Enbridge (ENB) to divest midstream businesses that include 100% owned gathering and processing assets in Texas and Oklahoma.
TechnipFMC (FTI) to Report Q1 Earnings: Is a Beat in Store?
by Zacks Equity Research
TechnipFMC (FTI) is likely to deliver an earnings beat in the first quarter on cost containment initiatives along with strong project execution.
Will Adverse Weather Hurt Occidental's (OXY) Q1 Earnings?
by Zacks Equity Research
Occidental (OXY) is likely to record strong production in the first quarter despite the adverse impact of weather.
Petrobras (PBR) Gears Up for Q1 Earnings: What's in Store?
by Zacks Equity Research
The favorable Q1 crude pricing environment has been favorable for Petrobras' (PBR) upstream business.
Magellan Midstream (MMP) Q1 Earnings: What's in the Cards?
by Zacks Equity Research
Increasing cash inflow from growth projects and fee-based revenues amid rising costs are going to play key roles in Magellan Midstream's (MMP) Q1 earnings.
Kinder Morgan (KMI) to Abandon Trans Mountain Expansion
by Zacks Equity Research
In spite of the approval of the Trans Mountain Expansion Project from the government of Canada, Kinder Morgan (KMI) awaits the nod from provincial and federal bodies.
Enbridge Might Reduce Stake in German Offshore Wind Project
by Zacks Equity Research
Enbridge (ENB) is planning to reduce its debt burden and streamline portfolio with the sale of the wind project, off the coast of Germany.
Enbridge May Divest Part of Midstream Properties in Canada
by Zacks Equity Research
Enbridge (ENB) will reportedly get $1.6 billion from the divestment of midstream assets, engaged in the gathering and processing of natural gas in Canada.
Enbridge's Line 3 Project Passes Minnesota Regulatory Test
by Zacks Equity Research
The regulatory board is of the opinion that Enbridge's (ENB) Line 3 Project meets all legal requirements, after it considered the proposed alternatives for the pipeline's route.
Why Is Enbridge (ENB) Down 8.7% Since its Last Earnings Report?
by Zacks Equity Research
Enbridge (ENB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.