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Zacks News
Chevron (CVX) Emerges Victorious in Ecuador Pollution Case
by Zacks Equity Research
With the recent verdict in favor of Chevron (CVX), it now stands to receive millions of dollars as economic compensation.
Cenovus Energy (CVE) Inks Deal to Transport Crude By Rail
by Zacks Equity Research
Cenovus Energy (CVE) resorts to crude shipment by rail to counter pipeline constraints in Canada.
Marathon Oil's Permian Growth to be Backed by Lucid Energy
by Zacks Equity Research
Marathon Oil (MRO) signs a gas gathering and processing agreement with Lucid Energy Group.
Ultra Petroleum (UPL) Plunges 32% Over a Month: Here's Why
by Zacks Equity Research
Poor second-quarter show, gloomy guidance, massive debt load and indecisive management have dampened investors' optimism surrounding Ultra Petroleum (ULP).
Kinder Morgan Plans to Quit Canada Operations: Here's Why
by Zacks Equity Research
Kinder Morgan (KMI) expects favourable market for the sale of its remaining assets in Canada.
Oil Slumps Despite Big Stock Draw, Fuel Supplies to Blame
by Nilanjan Choudhury
At 401.5 million barrels, current crude supplies are 13% below the year-ago level and the lowest since February 2015.
Exxon to Build Multibillion-Dollar Chemical Complex in China
by Zacks Equity Research
The framework agreement establishes support of Guangdong Province's in moving ahead with the Huizhou LNG receiving terminal, in which ExxonMobil (XOM) plans to participate, including supply of LNG.
Enterprise's (EPD) New Fractionator to Meet NGL Product Need
by Zacks Equity Research
Enterprise Products (EPD) expects the tenth fractionator to have the capacity to process 150,000 B/D.
Talos Energy Acquires Whistler Energy, Enhances GoM Position
by Zacks Equity Research
The buyout of Whistler Energy provides Talos Energy (TALO) with full working interest in three blocks in the Central GoM.
Southwestern Energy to Divest Fayetteville Assets for $1.865B
by Zacks Equity Research
Southwestern Energy (SWN) to divest Fayetteville Shale E&P and related midstream gathering assets as well as offload future contractual liabilities of about $438 million.
5 Reasons Why You Should Invest in Kosmos Energy Stock Now
by Zacks Equity Research
Kosmos Energy's (KOS) Deep Gulf Energy acquisition is likely to boost its production and cash flow in the long run.
Zacks.com highlights: Weight Watchers International, Attunity, Solaris Oilfield Infrastructure, Helix Energy Solutions Group and Rush Enterprises
by Zacks Equity Research
Zacks.com highlights: Weight Watchers International, Attunity, Solaris Oilfield Infrastructure, Helix Energy Solutions Group and Rush Enterprises
Kinder Morgan (KMI) Completes Sale of Trans Mountain Project
by Zacks Equity Research
Kinder Morgan's (KMI) subsidiary will take a final decision related to utilization of the after-tax net proceeds of the transaction on Sep 4, 2018, after market close.
Eni Discovers Gas in the Faramid South Prospect in Egypt
by Zacks Equity Research
Eni's (E) gas discovery in the Egyptian Western Desert is likely to boost the country's production from the region.
Denbury (DNR) Hits 52-Week High: What's Driving the Stock?
by Zacks Equity Research
Denbury (DNR) crafts 52-week high of $5.65, driven by its strategic positioning, rising production & oilier volume mix and cost-reduction initiatives.
Here's Why You Should Snap Up Phillips 66 (PSX) Right Away
by Zacks Equity Research
Phillips 66 (PSX) is strongly committed in returning cash to shareholders through dividend payments and share repurchases.
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Phillips 66, Marathon and Helix Energy
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Chevron, Phillips 66, Marathon and Helix Energy
Cimarex (XEC) Rewards Stockholders With 12.5% Dividend Hike
by Zacks Equity Research
Growing oil equivalent daily production will likely help Cimarex (XEC) continue to return cash to stockholders.
5 Profitable Stocks to Boost Returns Using Net Income Ratio
by Zacks Equity Research
Profitability analysis is used to identify a profitable company over a loss-making one.
Why It's Worth Investing in Eclipse Resources Stock Now
by Zacks Equity Research
Strong Appalachian presence, growing proved reserves and higher expected production will likely boost Eclipse Resources (ECR)'s bottom-line.
Genesis Energy (GEL) to Divest Midstream Assets for $300M
by Zacks Equity Research
Genesis Energy (GEL) is set to divest its Powder River Basin Midstream properties, which is expected to reduce the debt burden of the partnership.
Eni (E) Expands in North Slope With Buyout of Onshore Assets
by Zacks Equity Research
Eni (E) plans to fast track exploration activities in the newly-acquired assets to create long-term value for shareholders.
Petrofac (POFCY) Wins $600M Work in Algeria From Sonatrach
by Zacks Equity Research
Petrofac (POFCY) will work on the Tinhert Field Development Project, following the signing of an EPC contract with Sonatrach.
Oil Finds Higher Ground After U.S. Crude Inventories Fall
by Nilanjan Choudhury
U.S. crude oil stockiles fell sharply last week as exports rose to an average of 1.78 million barrels per day, the Energy Information Administration said on Wednesday.
Equinor (EQNR) to Boost Production and Activities in Brazil
by Zacks Equity Research
Equinor (EQNR) projects investments of more than $15 billion through 2030 in Brazil. The company has a daily oil production of more than 90,000 barrels per day from current fields in the country.