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Zacks News
Equinor (EQNR) Plans Layoffs to Survive Coronavirus Onslaught
by Zacks Equity Research
The layoffs will be from Equinor's (EQNR) operations in the United States, Canada and United Kingdom.
Crude Price Soars as Twin Storms Roar Toward Gulf of Mexico
by Sayantika Bhattacharya
Chevron (CVX) officials act promptly to evacuate all personnel from its Big Foot, Genesis, Jack/St. Malo and Tahiiti shut-in production sites.
Top Analyst Reports for Facebook, Walmart & Morgan Stanley
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Facebook (FB), Walmart (WMT) and Morgan Stanley (MS).
Equinor (EQNR) Q2 Earnings Beat Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Strong results from liquids trading aid Equinor (EQNR) Q2 earnings.
Company News for Jul 27, 2020
by Zacks Equity Research
Companies in the news are: SLB, EQNR, NEP, AIMC
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Royal Dutch Shell, TOTAL and Equinor ASA
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, Royal Dutch Shell, TOTAL and Equinor ASA
Refining May Fail to Save Low Crude Price-Hit Big Oil in Q2
by Kaibalya Pravo Dey
Coronavirus-induced lockdowns and travel bans have caused massive demand destruction around the globe, thereby pushing down crude prices.
5 Things to Look Out for in Energy Earnings This Season
by Nilanjan Choudhury
With crude essentially doubling from Q1 levels and some previously shut-in production coming back online, shale operators could surprise on the upside.
Oil & Gas Stock Roundup: Eni's EUR 3.5B Impairment, BP's Reliance Deal & More
by Nilanjan Choudhury
Italy's Eni SpA (E) to announce a EUR3.5 billion write-down, while British major BP plc (BP) shelled out $1 billion to India's Reliance Industries for a 49% stake in its retail fuel business.
Equinor Hits Gas & Condensate in Atlantis Exploration Well
by Zacks Equity Research
The drilling of the exploration well discovered by Equinor (EQNR) and partners exceeds 17 kms to the south of the Kvitebjorn Field. The activity is carried with the aid of West Hercules drilling rig.
Is Big Oil Resilient Enough to Tackle the Oil Price Tumble?
by Sayantika Bhattacharya
Per Wood Mackenzie analysis, Chevron (CVX) and Royal Dutch Shell's (RDS.A) upstream portfolios are the most resilient at $30/barrel crude while ExxonMobil (XOM) is least resilient.
Forget Oil Prices, It's Time to Buy ExxonMobil and Chevron
by Nilanjan Choudhury
With their fully integrated models, ExxonMobil (XOM) and Chevron (CVX) are the ones that are best in adapting their business to the prevailing scenario.
America's Fossil Fuel or Europe's Bet on Low Carbon Future?
by Zacks Equity Research
The coronavirus pandemic has indelibly impacted the global energy sector. Although the demand for oil has noticeably dropped and prices have plunged, the pace of shift to renewable energy from fossil fuel is still uncertain.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Equinor and Royal Dutch Shell
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, BP, Equinor and Royal Dutch Shell
Here's What the EIA's Latest Crude Inventory Report Revealed
by Nilanjan Choudhury
U.S. government data revealing the first decline in domestic crude supplies in 16 weeks.
Shell Cuts Dividend, Will Other Big Oil Firms Follow Suit?
by Nilanjan Choudhury
We have analyzed three major integrated companies - ExxonMobil (XOM), Chevron (CVX) and BP plc (BP) - to get a view on dividend cut.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Royal Dutch Shell, Equinor and ConocoPhillips
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Royal Dutch Shell, Equinor and ConocoPhillips
Oil & Gas Stock Roundup: Exxon & Chevron's Q1 Earnings, Shell's Historic Dividend Cut
by Nilanjan Choudhury
ExxonMobil (XOM) and Chevron (CVX) said that they would keep paying shareholders a quarterly dividend but Royal Dutch Shell (RDS.A) had to slash payout to weather the oil market crash.
ExxonMobil (XOM) Tops Q1 Earnings Estimates, Keeps Dividend
by Zacks Equity Research
Contributions from Permian and Guyana oil resources aid ExxonMobil's (XOM) Q1 earnings.
Shell (RDS.A) Tops Q1 Earnings, Cuts Dividend Amid Oil Rout
by Zacks Equity Research
Forced by the historic oil crash and the coronavirus-induced demand destruction, Shell (RDS.A) trimmed its payout for the first time since World War II.
Oil & Gas Stock Roundup: Exxon's Spending Cut, Equinor's GoM Find & More
by Nilanjan Choudhury
ExxonMobil (XOM) pares 2020 capital spending budget by 30%, while Equinor (EQNR) announced an oil discovery in the U.S. Gulf of Mexico.
Equinor Gets Regulatory Nod for Floating Offshore Wind Farm
by Zacks Equity Research
Equinor's (EQNR) Hywind Tampen wind farm project incorporates 11 floating offshore turbines, which are set to generate a total of 88 megawatts of electricity.
Equinor (EQNR) Makes Oil Discovery in U.S. Gulf of Mexico
by Zacks Equity Research
Equinor (EQNR) encounters around 60 meters of net oil pay, which provides early indications of the productive reservoir in the U.S. Gulf of Mexico.
Petrobras Discovers Oil, Raises Output Cut, Delays Dividend
by Zacks Equity Research
Management at Petrobras (PBR) projects 2020 production to be 200,000 barrels lower per day.
Oil & Gas Stock Roundup: Operators Clamp Down on Capex to Combat Price Slump
by Nilanjan Choudhury
Driven by the ongoing trough in oil prices, Chevron (CVX), Equinor (EQNR) and Eni (E) made announcements on spending cuts.