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Zacks News
ExxonMobil Hits 1,000-Well Milestone in New Mexico Delaware Basin
by Zacks Equity Research
With 1,000 wells in the Delaware Basin, XOM combines advanced technology with operational excellence to drive efficiency and lower emissions in the Permian.
Zacks Industry Outlook Highlights Excelerate Energy, TXNM Energy, GEVO and FuelCell Energy
by Zacks Equity Research
Excelerate Energy, TXNM Energy, GEVO and FuelCell Energy have been highlighted in this Industry Outlook article.
4 Alternative Energy Stocks to Buy Amid Rising Raw Materials Cost
by Aparajita Dutta
A booming electric vehicle market and rising wind generation capacity should boost alternative energy stocks amid rising costs. You can buy EE, TXNM, GEVO and FCEL.
Wall Street Analysts See a 146.03% Upside in FuelCell Energy (FCEL): Can the Stock Really Move This High?
by Zacks Equity Research
The consensus price target hints at a 146% upside potential for FuelCell Energy (FCEL). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Subsea7 Secures New Decommissioning Contract From Saudi Aramco
by Zacks Equity Research
SUBCY's new contract with Aramco involves decommissioning of current subsea infrastructure and pipeline replacement work at the Abu Safah field.
Cenovus Energy Outlines 2025 Growth Plan With $5 Billion Budget
by Zacks Equity Research
CVE reveals its 2025 plan with up to $5 billion in investments, growth in upstream and downstream operations, key project advancements and enhanced shareholder returns.
ExxonMobil Unveils Earnings Growth Strategy Worth $20B Till 2030
by Zacks Equity Research
With a bold 2030 plan, XOM expects $20B in earnings and $30B in cash flow growth, investing in high-return projects, new businesses and carbon reduction solutions.
Phillips 66 to Power San Francisco Refinery With Solar Energy
by Zacks Equity Research
PSX partners with NEE to develop a new solar facility that should help its refinery in Rodeo, CA, reduce its grid power demand by almost 50%.
Harbour Energy Confirms Large Gas Reserves in Norwegian Sea
by Zacks Equity Research
Harbour Energy confirms a significant gas discovery in production license 211 CS, which is situated approximately 270 kilometres north of Kristiansund.
Equinor Delays Arctic Oilfield Startup to Early 2025
by Zacks Equity Research
EQNR postpones the Arctic Johan Castberg oilfield startup to 2025 due to harsh Barents Sea weather, impacting short-term production forecasts.
Eni Confirms Fire at Calenzano Fuel Depot Near Florence
by Zacks Equity Research
A truck explosion at E's Calenzano storage site in Italy leads to a deadly fire, killing two workers. Investigations into the cause are underway.
FuelCell Energy (FCEL) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
by Zacks Equity Research
FuelCell Energy (FCEL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Chevron Signs 10-Year LNG Supply Agreement With Singapore's Sembcorp
by Zacks Equity Research
Sembcorp's agreement with CVX should allow the former to expand its LNG portfolio, thereby increasing its supply of piped natural gas and liquefied sources globally.
Equinor Exits Nigeria & Azerbaijan With $2B Asset Divestments
by Zacks Equity Research
EQNR finalizes divestments worth $2 billion in Nigeria and Azerbaijan, streamlining its oil and gas portfolio for long-term growth and profitability.
BP Forms $5.8B Offshore Wind Joint Venture With JERA
by Zacks Equity Research
BP and JERA merge their offshore wind businesses to form JERA Nex BP, investing $5.8 billion by 2030 to become a major player in renewable energy.
Petrofac Extends Contract for DDW Offshore's AHTS Vessel Till July '25
by Zacks Equity Research
POFCY extends its contract with DDW Offshore for Skandi Emerald for six months. This is the second extension of the original one-year contract signed in 2022.
Equinor, Shell Form JV to Secure UK Oil and Gas Production
by Zacks Equity Research
EQNR and Shell join forces to create the UK's largest independent oil and gas producer, ensuring energy security and revitalizing the North Sea's maturing resources.
Ecopetrol 2025 Investment Plans Focus on Increasing Oil Production
by Zacks Equity Research
EC states that the investment budget focuses on maintaining the production levels between 740,000-745,000 boe/d and refinery volumes between 415,000-420,000 bpd.
SLB, Linde and Aramco Partner to Develop New Carbon Capture Project
by Zacks Equity Research
Aramco shall hold 60% ownership of the carbon capture project based in Jubail, Saudi Arabia, while SLB and Linde will own 20% each.
Galp Energia's Mopane 1A Appraisal Well Delivers Positive Results
by Zacks Equity Research
GLPEY plans to launch a new 3D seismic acquisition campaign over the production exploration license (PEL) 83 in Namibia's Orange Basin.
Maxeon Solar Technologies, Ltd. (MAXN) Reports Q3 Loss, Tops Revenue Estimates
by Zacks Equity Research
Maxeon Solar Technologies (MAXN) delivered earnings and revenue surprises of 95.91% and 25.72%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Eni's Enilive and easyJet Join Forces for SAF Supply in Italy
by Zacks Equity Research
E's Enilive and easyJet team up for sustainable aviation fuel supply in Italy, promoting greener air travel and reducing emissions across easyJet's new Milan routes.
Crescent Energy to Strengthen Eagle Ford Presence With New Acquisition
by Zacks Equity Research
CRGY states that the acquisition of Ridgemar Energy's assets should expand and strengthen its presence in the Eagle Ford Basin.
Why Investors Need to Take Advantage of These 2 Oils and Energy Stocks Now
by Zacks Equity Research
Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.
Equinor Launches Open Season for Low-Carbon Hydrogen Buyers
by Zacks Equity Research
EQNR launches its first Hydrogen Open Season, inviting parties to purchase low-carbon hydrogen from its 1 GW H2M Eemshaven project in the Netherlands.