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Zacks News
6 Energy Stocks to Watch This Christmas as Market Recovers
by Kaibalya Pravo Dey
With the energy sector in recovery mode, investors should keep a close eye on stocks related to natural gas like AR, EQT and AM. Investment boost in renewables is set to benefit EQNR, BP and SPWR.
Stock Market News for Nov 30, 2020
by Zacks Equity Research
U.S. stock markets closed higher on Friday amid optimism surrounding COVID-19 vaccine.
Equinor (EQNR) Closes $8B Offshore Wind Farm Financial Deal
by Zacks Equity Research
Equinor's (EQNR) Dogger Bank wind farm site is located 60 miles off England's North East coast.
General Electric (GE) Dogger Bank Contract Moves a Step Forward
by Zacks Equity Research
General Electric's (GE) unit will book healthy turbine orders in Q4 as Phase A of Dogger Bank received a go-ahead for the construction work from its co-sponsors.
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Equinor, BP and Murphy Oil
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Equinor, BP and Murphy Oil
Equinor (EQNR) Jumps 26.1% MTD: What's Driving the Rally?
by Zacks Equity Research
Improving oil prices on encouraging coronavirus vaccine news aid Equinor (EQNR).
Final GoM Oil Sale Under Trump Admin Gets $121M in High Bids
by Sayantika Bhattacharya
Last week's final sale of oil and gas leases in the Gulf of Mexico under Trump's regime generates almost $121 million in high bids.
Stock Market News for Nov 19, 2020
by Zacks Equity Research
Wall Street closed sharply lower on Wednesday on renewed threat of the latest surge in coronavirus infections.
Equinor (EQNR) to Boost Johan Sverdrup Crude Oil Production
by Zacks Equity Research
The phase two development of Equinor's (EQNR) Johan Sverdrup field is on schedule, which is expected to commence production in fourth-quarter 2022.
Murphy USA (MUSA) Shares on a Rally Since Q3 Earnings Beat
by Zacks Equity Research
Murphy USA (MUSA) initiated a quarterly cash dividend of 25 cents per share and announced a new $500 million share repurchase program.
ProPetro (PUMP) Down 7.4% on Wider-Than-Expected Q3 Loss
by Zacks Equity Research
Despite uncertain market conditions, ProPetro (PUMP) maintains market share at levels similar to the start of this year with $31.6 million under its revolving credit facility.
PDC Energy (PDCE) Q3 Earnings Beat Thanks to Production Gains
by Zacks Equity Research
PDC Energy (PDCE) maintained its production and capital expenditure guidance for 2020.
NuStar Energy (NS) to Offload Texas City Terminals for $106M
by Zacks Equity Research
NuStar Energy (NS) will divest its Texas City Terminals to BWC for the further development of the facility and improvement of its debt metrics.
EQNR or ORA: Which Is the Better Value Stock Right Now?
by Zacks Equity Research
EQNR vs. ORA: Which Stock Is the Better Value Option?
Equinor (EQNR) Jumps More Than 4% Despite Q3 Earnings Decline
by Zacks Equity Research
Although a decline in liquid and gas prices has hurt Equinor's (EQNR) third-quarter earnings, ramped-up production from U.K.'s new fields partially offsets the negative.
Phillips 66 (PSX) Q3 Earnings Beat on Lower Operating Costs
by Zacks Equity Research
Rising DCP Midstream profits and realized marketing fuel margins in the United States support Phillips 66's (PSX) results.
ExxonMobil (XOM) Tops Q3 Earnings Estimates on Chemical Margin
by Zacks Equity Research
Higher margins from Chemical business in the United States aid ExxonMobil's (XOM) Q3 earnings, offset partially by lower oil-equivalent production volumes.
Antero (AR) Q3 Earnings Beat Estimates on Higher Production
by Zacks Equity Research
Higher natural gas equivalent production volumes aid Antero's (AR) third-quarter earnings, partially negated by lower realized commodity prices.
MPLX Declares Open Season Extension for SLC Pipeline Expansion
by Zacks Equity Research
MPLX's (MPLX) open season expansion will provide additional time to shippers to finalize commitments.
EQT Beats Q3 Earnings Estimates, Signs Appalachian Deal
by Zacks Equity Research
Despite coronavirus pandemic-induced lower fuel demand, EQT Corp. (EQT) reports better-than-expected Q3 results, thanks to a decrease in total operating expenses.
BP Tops Q3 Earnings Estimates, Expects Continued Oil Recovery
by Zacks Equity Research
Recovering fuel demand and commodity prices aid BP's Q3 earnings beat.
Kosmos Accomplishes Re-Determination of RBL Credit Facility
by Zacks Equity Research
Kosmos (KOS) completes re-determination of its RBL facility, which leads to an improved liquidity position for the company by getting access to several low-cost financing sources.
ExxonMobil (XOM) Plans Job Cut as Pandemic Hurts Oil Demand
by Zacks Equity Research
ExxonMobil (XOM) considers additional job cuts although the company surpasses its 2020 target of cutting operating expenses and capital spending.
Kinder Morgan (KMI) Q3 Earnings Meet, Revenues Top Estimates
by Zacks Equity Research
Contributions from Gulf Coast Express pipeline aid Kinder Morgan's (KMI) Q3 earnings.
Equinor (EQNR) Bids for US Wind Projects: What Should You Know?
by Zacks Equity Research
The bids reflect Equinor's (EQNR) aim to capitalize on the growing offshore wind industry in the United States.