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Zacks News
ExxonMobil Seeks 3-Year Extension for Golden Pass LNG Project
by Zacks Equity Research
XOM and QatarEnergy request a three-year extension from regulators for the Golden Pass LNG project, citing contractor changes and potential weather disruptions.
ConocoPhillips to Proceed With $22.5M Acquisition of Marathon Oil
by Zacks Equity Research
The COP-MRO merger is expected to close by the end of the fourth quarter of 2024.
ONEOK Inks $5.9B Deal With GIP to Expand Permian Presence
by Zacks Equity Research
OKE strengthens its position with strategic midstream acquisitions, worth $5.9 billion, in the Permian and Mid-Continent basins.
Oceaneering Secures Multiple Contracts in the UK North Sea
by Zacks Equity Research
OII's recent contracts highlight its expansion into a key market and underscore its strong relationship with major clients in the UK North Sea region.
Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Why Holding Marathon Petroleum Stock Makes Sense for Now
by Zacks Equity Research
MPC shows strong cash flow and strategic growth, making it a solid hold despite turnaround costs and oil price volatility risks.
BP Awards FEED Contract to Technip Energies for H2Teesside
by Zacks Equity Research
BP's H2Teesside project is aimed at producing approximately 1.2 gigawatts (GW) of low-carbon hydrogen. Technip Energies will conduct a FEED study for the project.
Zacks.com featured highlights Genpact, MPLX, Exelixis, Paramount Global and H&R Block
by Zacks Equity Research
Genpact, MPLX, Exelixis, Paramount Global and H&R Block have been highlighted in this Screen of The Week article.
Top Research Reports for American Express, ServiceNow & RTX
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including American Express Company (AXP), ServiceNow, Inc. (NOW) and RTX Corporation (RTX), as well a micro-cap stocks Frequency Electronics, Inc. (FEIM).
MPLX LP (MPLX) Upgraded to Strong Buy: What Does It Mean for the Stock?
by Zacks Equity Research
MPLX LP (MPLX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Best Momentum Stock to Buy for August 29th
by Zacks Equity Research
MPLX, PLMR and CAJPY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 29, 2024.
5 Top-Ranked Value Stocks With Discounted PEG Ratio to Buy
by Urmimala Biswas
Five PEG-based stocks that fulfill our screening criteria are Genpact, MPLX, Exelixis, Paramount Global and H&R Block.
SLB Develops New Solution to Advance Carbon Storage Projects
by Zacks Equity Research
SLB's well integrity assessment solution can help companies detect risks associated with wells and their potential impact on the early stages of development of carbon storage projects.
Equinor Cancels Key Offshore Wind Projects Amid Rising Costs
by Zacks Equity Research
EQNR exits offshore wind projects in Spain and Portugal, citing rising costs and market challenges in the renewables sector.
Best Value Stocks to Buy for August 29th
by Zacks Equity Research
EZPW, CCS and MPLX made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 29, 2024.
Petrobras, TGS Enter Tech and Research Partnership in Brazil
by Zacks Equity Research
PBR and TGS ink a MOU to enhance Brazil's energy sector with advancements in oil and gas exploration, production efficiency and renewable energy technologies.
Best Income Stocks to Buy for August 29th
by Zacks Equity Research
MPLX, FLIC and FMNB made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 29, 2024.
New Strong Buy Stocks for August 29th
by Zacks Equity Research
MRX, CAJPY, NFG, LYTS and MPLX have been added to the Zacks Rank #1 (Strong Buy) List on August 29, 2024.
Shell's Nigerian Onshore Asset Sale Faces Regulatory Hurdles
by Zacks Equity Research
SHEL states that it is not selling its onshore assets directly to Renaissance. The transaction involves a transfer of shares, which means that it will only transfer the ownership of the assets.
Equinor Cancels Plan for Vietnam's Offshore Wind Sector
by Zacks Equity Research
EQNR scraps its plan to invest in the offshore wind sector in Vietnam. It will also end its business development operations in the country and close its Hanoi office.
Is It Worth Investing in MPLX LP (MPLX) Based on Wall Street's Bullish Views?
by Zacks Equity Research
The average brokerage recommendation (ABR) for MPLX LP (MPLX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
ConocoPhillips Taps Raptor Data for Plug & Abandonment Work
by Zacks Equity Research
COP has awarded a contract to Aberdeen-based Raptor Data for plug and abandonment work in Norway's Greater Ekofisk area, utilizing advanced technology.
ExxonMobil Plans $1B Sale of Permian Assets Amid Shale Focus
by Zacks Equity Research
XOM intends to sell Permian Basin assets, including conventional wells, for $1 billion, as part of its strategy to enhance shale production post-Pioneer acquisition.
Petrobras, Helix Ink Lucrative $786M Well Intervention Deals
by Zacks Equity Research
PBR and Helix Energy Solutions sign new three-year contracts for the Siem Helix 1 & 2 vessels to provide well-intervention services in Brazil.
Equinor Plans $6.7B Annual Offshore Investment Until 2035
by Zacks Equity Research
EQNR plans to invest heavily in Norway's offshore oil sector, with $6.7 billion annually through 2035, despite the global shift to renewables.