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Zacks News
Equinor Gets Go-Ahead for Drilling Two Wildcat Wells in the North Sea
by Zacks Equity Research
EQNR secures permits to drill two North Sea wildcat wells, with operations led by Deepsea Atlantic and COSLInnovator rigs.
Equinor Extends Contract for Two DOF Platform Supply Vessels
by Zacks Equity Research
EQNR extends its charter for two DOF platform supply vessels through 2026, strengthening a long-standing North Sea partnership.
Equinor Gets Green Light for Norwegian Sea Drilling With Transocean Rig
by Zacks Equity Research
EQNR secures approval to drill in the Norwegian Sea using Transocean Encourage, targeting key offshore fields from October 2025.
Equinor Hits Dry Patch at Barents Sea's Deimos Exploration Well
by Zacks Equity Research
EQNR's Deimos well in the Barents Sea comes up dry, with no commercial hydrocarbons found despite extensive drilling efforts.
Shell's Northern Lights CCS Project Begins CO2 Storage in Norway
by Zacks Equity Research
SHEL's Northern Lights joint venture project marks a milestone as CO2 injection begins, advancing Europe's carbon capture and storage efforts.
Equinor Strikes New Oil and Gas Discovery Near Norway's Troll Field
by Zacks Equity Research
EQNR uncovers a new oil and gas find near the Troll field, adding to a series of recent North Sea exploration successes.
Equinor Withdraws From Australian Offshore Wind Projects
by Zacks Equity Research
EQNR pulls out of Australia's Novocastrian Offshore Wind Farm, marking its third local exit and a blow to the nation's renewable push.
SLB OneSubsea Wins EPC Contract for Equinor's Fram Sor Project
by Zacks Equity Research
SLB OneSubsea clinches a major EPC deal from Equinor for Fram Sor, set to deploy the first large-scale all-electric subsea system.
Equinor's New Fields Boost Norway's Oil Production to Record Level
by Zacks Equity Research
EQNR's Johan Castberg and Sverdrup fields contribute to higher oil output in Norway, pushing production to a decade-high level.
Targa Resources Q2 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
TRGP expects full-year 2025 adjusted EBITDA of $4.65-$4.85 billion and net growth capital expenditures of $3 billion.
USA Compression Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
USAC expects adjusted EBITDA of $590-$610 million and distributable cash flow between $350 million and $370 million for 2025.
Diamondback Energy Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
FANG expects third-quarter 2025 oil production between 485 MBO/d and 495 MBO/d, with cash capital spending at $750-$850 million.
Marathon Q2 Earnings & Revenues Beat Estimates, Expenses Down Y/Y
by Zacks Equity Research
MPC expects a refining operating cost of $5.70 per barrel and a 92% utilization rate for its total throughput in the third quarter of 2025.
Williams Q2 Earnings and Revenues Miss Estimates, Expenses Rise Y/Y
by Zacks Equity Research
WMB expects 2025 growth capital expenditures to be between $2.6 billion and $2.9 billion, with a leverage ratio estimated at a midpoint of 3.65x.
Transocean Q2 Earnings & Sales Surpass Estimates, Improve Y/Y
by Zacks Equity Research
RIG expects contract drilling revenues between $1 billion and $1.02 billion and capital expenditures of $25 million to $30 million for the third quarter of 2025.
Northern Q2 Earnings Beat Estimates, Revenues Increase Y/Y
by Zacks Equity Research
NOG expects total production of 130,000-133,000 barrels of oil equivalent per day, with oil production in the range of 74,000-76,000 barrels per day for 2025.
ProPetro Q2 Earnings and Revenues Miss Estimates, Expenses Down
by Zacks Equity Research
PUMP projects full-year capital expenditures for 2025 to be between $270 million and $310 million.
Nabors Q2 Loss Wider Than Expected, Revenues Increase Y/Y
by Zacks Equity Research
NBR expects capital expenditures for the third quarter of 2025 to be between $200 million and $210 million.
NOV Q2 Earnings Miss, Revenues Beat Estimates, Both Decrease Y/Y
by Zacks Equity Research
NOV expects a 1-3% decrease in consolidated revenues year over year for third-quarter 2025, with adjusted EBITDA anticipated to range from $230-$250 million.
Ovintiv Q2 Earnings Miss Estimates, Revenues Increase Y/Y
by Zacks Equity Research
OVV expects total production of 600-620 MBOE/d, with oil and condensate at 205-209 Mbbls/d and NGLs at 93-96 Mbbls/d for full-year 2025.
EQNR's US Wind Projects Incur $955M Impairment Over Regulatory Changes
by Zacks Equity Research
Equinor posts $955 million impairment on U.S. wind projects, citing regulatory rollbacks, tariffs and lost tax credits.
How to Boost Your Portfolio with Top Oils and Energy Stocks Set to Beat Earnings
by Zacks Equity Research
The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
Patterson-UTI Energy Q2 Earnings Miss, Sales Beat Estimates, Fall Y/Y
by Zacks Equity Research
PTEN expects a slight sequential decline in SG&A expenses and depreciation, depletion, amortization, and impairment expense to total around $230 million for the third quarter.
Oceaneering Q2 Earnings Beat Estimates, Revenues Increase Y/Y
by Zacks Equity Research
OII expects consolidated revenues to rise in third-quarter 2025 compared with the prior-year period, with EBITDA between $100 million and $110 million.
Equinor Q2 Earnings Miss Estimates on Lower Liquids Production
by Zacks Equity Research
Lower liquids production and weaker prices hurt EQNR Q2 earnings and revenues.