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Zacks News
Why Equinor (EQNR) Offers a Good Buying Opportunity Now
by Zacks Equity Research
Over the years, Equinor (EQNR) has developed its expertise to expand upstream operations outside of conventional offshore resources to the prolific shale oil and gas plays.
Equinor, Microsoft Team Up for Norway's CO2 Storage Project
by Zacks Equity Research
Equinor (EQNR) signs a MoU with Microsoft (MSFT) for a carbon capture and storage project, and to explore the transportation of captured CO2 as the tech giant seeks to reduce its carbon emissions.
TechnipFMC (FTI) Clinches Major EPCI Contract From Equinor
by Zacks Equity Research
TechnipFMC's (FTI) scale comprises provision of pliable jumpers and durable pipelines besides pipeline construction activity.
Here's What the EIA's Latest Crude Inventory Report Revealed
by Nilanjan Choudhury
Energy companies including Equinor (EQNR), Chevron (CVX), Shell (RDS.A) and BP plc (BP) had their offshore operations hampered due to Hurricane Delta's landfall.
Planning for Upstream Bet? Consider EOG Resources (EOG)
by Zacks Equity Research
EOG Resources' (EOG) balance sheet strength is commendable, which provides financial flexibility.
Equinor Sverdrup Escapes Shutdown as Oil Workers' Strike Ends
by Zacks Equity Research
Equinor's (EQNR) Sverdrup facility will continue to carry forward its production as Norwegian oil workers strike ends after mediation talks.
Eni & SNOC to Move Forward With Sharjah Natural Gas Project
by Zacks Equity Research
While Eni (E) has a 50% interest in the Concession Area B, SNOC holds the remaining 50% operating stake.
Brent Crude Heads Higher as Norway Strike Cuts Production
by Nilanjan Choudhury
Oil workers in Norway have gone on strike, shutting down fields that cut output by 330,000 barrels of oil equivalent per day (or 8% of the country's overall volumes).
The Zacks Analyst Blog Highlights: BP, Equinor, Royal Dutch and Chevron
by Zacks Equity Research
The Zacks Analyst Blog Highlights: BP, Equinor, Royal Dutch and Chevron
Equinor (EQNR) to Lay Off 30% of Exploration Staff by 2023
by Zacks Equity Research
Equinor (EQNR) to cut off 30% of its employees to reduce costs as a measure to survive in the pandemic.
Oil Price Slips as EIA Reports Surprise Rise in U.S. Supplies
by Nilanjan Choudhury
But losses were likely limited as the oil market braced itself for potential supply disruptions from Hurricane Delta.
Oil Price Ticks Up as Hurricane Delta Rages Toward Gulf Coast
by Zacks Equity Research
The uptick in oil price, owing to hurricane Delta, is expected to be short-lived, providing no major support to upstream energy firms.
W&T Offshore's (WTI) Q3 Production Hurt by Hurricane Season
by Zacks Equity Research
W&T Offshore's (WTI) third-quarter production volumes, hurt by five hurricanes, are likely to be in the range of 32,500-33,900 Boe/d.
Oil & Gas Stock Roundup: Exxon, Shell, ConocoPhillips' Q3 Updates & More
by Nilanjan Choudhury
ExxonMobil (XOM), Royal Dutch Shell (RDS.A) and ConocoPhillips (COP) issued updates on their upcoming Q3 earnings.
Callon Petroleum Strengthens Balance Sheet, Boosts Liquidity
by Zacks Equity Research
For $30 million of gross cash proceeds, Callon Petroleum (CPE) intends to divest non-operated assets.
Will ExxonMobil Report Quarterly Loss for 3rd Time in a Row?
by Zacks Equity Research
ExxonMobil's (XOM) loss from the refining business is likely to increase $200-$600 million from second-quarter loss of $600 million due to lower margins.
ConocoPhillips Expects Q3 Output Surge, Resumes Stock Buyback
by Zacks Equity Research
ConocoPhillips' (COP) third-quarter production is likely to increase sequentially with the resumption of volume curtailments.
Baker Hughes Clinches Major LNG Deal From Qatar Petroleum
by Zacks Equity Research
Baker Hughes' (BKR) facilities located in Florence and Massa of Italy are set to be used for manufacturing, testing and packaging of the gas turbine/compressor trains.
Equinor Discovers Oil & Gas in North Sea Swisher Prospect
by Zacks Equity Research
Equinor (EQNR) expects the new finding in the Swisher Prospect to hold 13-38 million barrels of oil equivalent.
Stock Market News for Sep 29, 2020
by Zacks Equity Research
Wall Street closed sharply higher on Monday following positive development regarding the approval of a fresh coronavirus-aid package.
Equinor Submits Breidablikk Development Plan in North Sea
by Zacks Equity Research
Production from Equinor's (EQNR) Breidablikk field is likely to come online in the first half of 2024.
Petrobras Finds Hydrocarbons in C-M-657 Block of Campos Basin
by Zacks Equity Research
Petrobras (PBR) is the chief operator of the C-M-657 block holding 30% interest and confirms the presence of hydrocarbons in carbonate reservoirs in the pre-salt section.
ExxonMobil Closing in on Payara Project Deal With Guyana
by Zacks Equity Research
ExxonMobil (XOM) intends to produce 220,000 bpd from the Payara development, located offshore Guyana.
Should Value Investors Buy Equinor (EQNR) Stock?
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.
Why Investors are Holding Continental Resources Stock Now
by Zacks Equity Research
For full-year 2020, Continental Resources (CLR) expects to operate total net wells of 142.