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Zacks News
Bunge Overcomes Final Regulatory Hurdle to Viterra Merger
by Zacks Equity Research
BG clears final Chinese regulatory hurdle, setting the stage to close the $34B Viterra merger by early July.
NextDecade Inks EPC Contracts With Bechtel for Rio Grande LNG Project
by Zacks Equity Research
NEXT finalizes $9 billion in EPC deals with Bechtel for two new liquefaction trains at its Rio Grande LNG project in Texas.
Flotek Industries Is Digitizing Custody Transfer - Here's the Upside
by Nilanjan Choudhury
FTK's automation tech finds millions in oil underpayments - now it's turning pilot wins into recurring revenues.
Equinor to Drill New Wildcat Well in PL 1238 in the Barents Sea
by Zacks Equity Research
EQNR secures approval to drill wildcat well 7117/4-1 in Barents Sea's PL 1238 using the COSL Prospector rig.
Oceaneering Secures Vessel Services Agreement With Major Operator
by Zacks Equity Research
OII secures key subsea services contract to deploy the Harvey Deep Sea vessel and deliver high-quality IMR services in the Gulf of Mexico.
Imperial Oil Confirms Diesel Leak in St. Claire, Cleanup Underway
by Zacks Equity Research
IMO confirms diesel leak at Ontario dock; spill contained, cleanup in progress, no major water impact detected.
Baker Hughes Secures P&A Services Contract for North Sea Wells
by Zacks Equity Research
BKR to deliver integrated plug and abandonment services for EQNR under a multi-year framework agreement signed between the two companies in March 2025.
Flotek Industries (FTK) Soars 9.2%: Is Further Upside Left in the Stock?
by Zacks Equity Research
Flotek Industries (FTK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Shell Eyes 12 Million Metric Tons of LNG Capacity Expansion by 2030
by Zacks Equity Research
SHEL plans to add 12 million metric tons of LNG capacity by 2030 from projects in Canada, Qatar, Nigeria and the UAE.
Venture Global Withdraws From Delta LNG, Prioritizes Plaquemines
by Zacks Equity Research
VG drops Delta LNG project to fast-track Plaquemines expansion, aiming for quicker output with similar capacity.
Are Oils-Energy Stocks Lagging Flotek Industries (FTK) This Year?
by Zacks Equity Research
Here is how Flotek Industries (FTK) and Gibson Energy Inc. (GBNXF) have performed compared to their sector so far this year.
Flotek Industries Hits 52-Week High - Will the Momentum Last?
by Nilanjan Choudhury
FTK hits a 52-week high after a 200% rally, fueled by recurring revenue growth, global traction and a ProFrac deal.
Petrobras Launches Tenders for Offshore Wind Energy Project in Brazil
by Zacks Equity Research
PBR issues tenders for geophysical and geotechnical surveys to assess offshore wind feasibility, marking a key step in Brazil's clean energy shift.
Chevron to Undergo Scrutiny After Angola Platform Tragedy
by Zacks Equity Research
CVX has raised alarms over rising safety near-misses just weeks before a deadly fire in Angola. The tragedy has now prompted urgent internal reviews.
Flotek Industries and Riot Platform have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
FTK surges on strong Q1 results and rising estimates, while RIOT lags despite Bitcoin highs and deepening losses.
Bull of the Day: Flotek Industries (FTK)
by Jeremy Mullin
This fast-moving energy tech stock just posted a big earnings beat, with profits and estimates surging higher.
Baker Hughes Announces Sale of PSI Product Line for $1.15B in Cash
by Zacks Equity Research
BKR is set to sell its PSI product line to Crane for $1.15B, sharpening its focus on core IET strengths and portfolio optimization.
Halliburton Wins Five-Year Contract From Repsol UK for North Sea Ops
by Zacks Equity Research
HAL to deliver integrated well services and rigless solutions to boost Repsol UK's North Sea production and decommissioning efficiency.
Tullow Oil and Partners Sign MoU to Extend Key Oil & Gas Licenses
by Zacks Equity Research
TUWOY and partners ink MoU to prolong their WCTP and DWT licenses until 2040.
Cactus Forms JV With Baker Hughes, Boosts International Presence
by Zacks Equity Research
WHD teams up with BKR to acquire its Surface Pressure Control Business in a deal worth $344.5 million.
Transocean Strengthens Backlog With Equinor's Contract Extension
by Zacks Equity Research
RIG secures $100M backlog boost as EQNR extends Transocean Spitsbergen rig deal into 2026.
Viper Energy to Acquire Sitio Royalties in $4.1B All-Stock Deal
by Zacks Equity Research
VNOM's latest acquisition of Sitio Royalties is expected to be closed in the third quarter of 2025. The company has also announced a 10% increase in its base dividend.
Eni & Shell to Cease Gas Plant Development in Kazakhstan Amid Disputes
by Zacks Equity Research
E and SHEL face a major setback in the construction of a gas processing plant in Kazakhstan following government orders to cease the development of the facility.
BP & Partners Greenlight $2.9 Billion Shah Deniz Gas Field Expansion
by Zacks Equity Research
BP-led consortium commits $2.9 billion to expand Azerbaijan's Shah Deniz field to access low-pressure gas reserves in the field and boost the field's production capacity.
Can Flotek's ProFrac Deal Power a High-Margin Growth Engine?
by Nilanjan Choudhury
FTK's $105 million deal with ProFrac targets high-margin, recurring revenues from gas analytics and remote power solutions.