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Zacks News
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.
Enbridge (ENB) Beats Earnings & Revenue Estimates in Q4
by Zacks Equity Research
Enbridge's (ENB) fourth-quarter 2017 results gain from higher liquid delivery volumes from the Canadian Mainline and Wood Buffalo Extension Pipeline.
Enbridge (ENB) to Boost Divestments & Reduce Debt Burden
by Zacks Equity Research
Enbridge's (ENB) divestments are expected to increase its free cash flow and support dividend hike program.
What's in Store for Marathon Oil (MRO) This Earnings Season?
by Zacks Equity Research
While Marathon Oil (MRO) is likely to benefit from higher production and pricing gains in the North American market, output in the international markets may hurt revenues.
Williams Companies (WMB) Q4 Earnings: Will It Disappoint?
by Zacks Equity Research
We expect weak price realizations and lower throughput volumes to affect Williams Companies (WMB) Q4 earnings.
Enbridge (ENB), Spectra Energy Finalize Definitive Agreement
by Zacks Equity Research
The execution of the definitive agreement between Enbridge (ENB) and Spectra Energy Partners converts the company's incentive distribution rights.
Enbridge to Resume Garden Banks Gas Operations in February
by Zacks Equity Research
Enbridge (ENB) will separate its gas pipeline from the fire-damaged platform Enchilada.
Enbridge May Defer In-Service Date of Line 3 to Q4 2019
by Zacks Equity Research
The project, touted to be the largest for Enbridge (ENB), entails the replacement of the entire old pipeline, spanning over 1,031 miles.
Enbridge to Gauge Shippers' Interest in Gray Oak Pipeline
by Zacks Equity Research
Enbridge (ENB) and Phillips 66 will likely help oil producers carry crude to the Gulf Coast market from Permian Basin through the Gray Oak Pipeline.
Enbridge Fetches C$1.5 Billion From Common Stock Offering
by Zacks Equity Research
Enbridge (ENB) will likely utilize proceeds from the stock offering to finance capital projects and lower debt load.
Enbridge (ENB) in Focus: Stock Moves 5.8% Higher
by Zacks Equity Research
Enbridge (ENB) shares rose nearly 6% in the last trading session, amid huge volumes.
U.S. Crude Export to Asia Swells: Is OPEC Losing the Game?
by Zacks Equity Research
The increase in U.S. oil exports to Asian markets has dented OPEC supplies.
Enbridge (ENB) to Streamline Asset, Hike Dividend, Lower Debt
by Zacks Equity Research
The strategic plan of Enbridge (ENB) reflects the firm's intention to focus on more profitable businesses as well as lowering debt.
Enbridge (ENB) Inks Agreement for Line 5 Pipeline Evaluation
by Zacks Equity Research
Enbridge (ENB) signs deal with the State of Michigan to carry out evaluation for the replacement of the aging Line 5 pipelines.
Enbridge (ENB) Beats Earnings & Revenue Estimates in Q3
by Zacks Equity Research
Higher liquid delivery volumes drive Enbridge's (ENB) Q3 numbers.