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Zacks News
Here's Why You Should Invest in Petrobras (PBR) Right Now
by Zacks Equity Research
With lucrative pre-salt position and regaining of financial health, Petrobras (PBR) seems to be a must buy stock at the moment.
Equinor to Power Gullfaks and Snorre Fields With Wind Energy
by Zacks Equity Research
Per an analysis by Equinor (EQNR), the Snorre and Gullfaks fields in the Tampen area in the northern North Sea are best suited for the initiative.
Phillips 66, Ryze Renewables to Build Renewable Fuel Plants
by Zacks Equity Research
Per the long-term supply and offtake agreement between the parties, Phillips 66 (PSX) will provide feedstock to the plants and transfer 100% of the products to West Coast markets.
Petrofac (POFCY) to Lower Debt With Greater Stella Area Sale
by Zacks Equity Research
Petrofac (POFCY) is curtailing oil production and is gradually moving back to its less capital-intensive oilfield services business.
TechnipFMC (FTI) Secures Olefins Plant Contract in Vietnam
by Zacks Equity Research
TechnipFMC (FTI) intends to execute the project awarded by Long Son Petrochemicals with the help of its offices in Houston, Rome and Kuala Lumpur.
Equinor Raises Resource Estimates in Johan Sverdup Project
by Zacks Equity Research
Full-field development of Equinor's (EQNR) Johan Sverdrup is likely to contribute more than NOK 900 billion to the Norwegian State.
Sinopec's 1H18 Profit Surges Y/Y Backed by Chemical Segment
by Zacks Equity Research
Sinopec's (SNP) first-half 2018 net profit surges on outstanding performance of Chemicals segment. Moreover, increase in natural gas volumes also contributed to the growth.
Takeaway Deals to Aid Callon's (CPE) Rising Output, LOE Ails
by Zacks Equity Research
Callon (CPE) has been gaining on the back of strong Permian footprint and an oilier volume mix.
Here's Why You Should Pick Cactus (WHD) Stock Right Away
by Zacks Equity Research
A leading manufacturer of advanced wellheads and pressure control equipment, Cactus' (WHD) business status seems promising amid substantial oil price rise.
4 Reasons to Add Hess Midstream Partners to Your Portfolio
by Zacks Equity Research
Hess Midstream Partners (HESM) assures to garner higher returns for yield-seeking investors owing to four factors.
BP Continues to Gain on Key Projects Amid Oil Spill Woes
by Zacks Equity Research
BP has been gaining on the back of a strong portfolio of upstream projects.
American Midstream to Acquire Interest in Enterprise's Plant
by Zacks Equity Research
Enterprise's (EPD) create a more consistent processing alternative for customers, courtesy of its deal with American Midstream (AMID).
Denbury (DNR) Announces Closing of Senior Notes Offering
by Zacks Equity Research
Denbury (DNR) offers senior secured notes to select investors and prices the notes at par.
U.S. Oil Prices Rise As EIA Confirms Large Inventory Draw
by Nilanjan Choudhury
The U.S. Energy Department said refineries processed 17.9 million barrels per day of crude in the reporting period, close to last week's record highs.
Oil Prices Settle at Above $74: 4 Energy Stocks to Buy Now
by Nitish Marwah
Oil prices have found support from declining U.S. crude inventories.
Sinopec Joins Zhejiang Energy Group to Build LNG Terminal
by Zacks Equity Research
The project represents Sinopec's (SNP) fourth LNG receiving terminal and reflects the company's focus on expanding LNG capacity.
Matador Resources Closes Offering of Senior Unsecured Notes
by Zacks Equity Research
Matador Resources (MTDR) raises net proceeds of about $740 million from the private offering of $750 million of 5.875% senior unsecured notes.
Hess Draws Higher Bids for Gas Assets in Southeast Asia
by Zacks Equity Research
Hess' (HES) nine gas fields in North Malay Basin in offshore Malaysia and the Malaysia-Thailand JDA are estimated at $4-$5 billion. The company has not yet decided on divestiture.
ConocoPhillips to Get Compensation of $2B from PDVSA
by Zacks Equity Research
ConocoPhillips (COP) to recover $2 billion from PDVSA under the rules of the International Chamber of Commerce for fraudulent expropriation of assets.
Apache to Buy Outstanding Notes With $1B Notes Offering
by Zacks Equity Research
Apache (APA) estimates the net proceeds of $992 million from the notes offering that excludes the underwriting discount and includes expenses related to the offering.
Here's Why You Should Snap Up Vermilion Energy Right Away
by Zacks Equity Research
Vermilion Energy (VET) strongly committed to returning cash to shareholders through dividend payments.
Talos Achieves Success in Latest Gulf of Mexico Lease Sale
by Zacks Equity Research
Talos (TALO) acquires six deepwater and eight shallow water blocks in the latest Gulf of Mexico lease sale.
Eni (E) Receives New License, Lease Extensions in Egypt
by Zacks Equity Research
Eni's (E) award of Nour in the East Nile Delta Basin of the Mediterranean Sea along with lease extensions for Abu Madi West Development and Ras Qattara Concession strengthen its portfolio.
Has Helix Energy Solutions Group (HLX) Outpaced Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Is (HLX) Outperforming Other Oils-Energy Stocks This Year?
ExxonMobil Acquires Interest in PEL 44, Offshore Namibia
by Zacks Equity Research
ExxonMobil's (XOM) recent interest acquisition enhances its portfolio and will provide significant petroleum potential.