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Zacks News
Williams' (WMB) Q2 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
Strong contribution from Atlantic-Gulf and Northeast G&P segments buoy Williams Companies' (WMB) second-quarter profits.
Baker Hughes (BHGE) Beats on Q2 Earnings, Eyes LNG Growth
by Zacks Equity Research
Baker Hughes' (BHGE) total orders through second-quarter 2019 increase 9% year over year, owing to growth in three of the four segments.
Transocean (RIG) Q2 Loss Wider Than Expected, Sales Lag
by Zacks Equity Research
Transocean (RIG) posts dismal Q2 results amid lower-than-anticipated revenues from Harsh Environment floaters and increase in costs.
Hess (HES) Beats Q2 Earnings Estimates on Bakken Volumes
by Zacks Equity Research
Hess' (HES) strong second-quarter results can be attributed to higher hydrocarbon production.
McDermott (MDR) Slips to Q2 Loss, Lags on Sales, Cuts View
by Zacks Equity Research
McDermott International's (MDR) backlog hits $20.5 billion at the end of Q2, including $7.3 billion in new orders.
ConocoPhillips' (COP) Q2 Earnings Miss on Lower Crude Prices
by Zacks Equity Research
ConocoPhillips' (COP) second-quarter 2019 production increases 6.6% year over year on the back of growth in the company's Big 3 unconventional assets.
Suncor (SU) Lags Q2 Earnings Estimates, Tightens Capex View
by Zacks Equity Research
Suncor (SU) revises full-year capex guidance from C$4.9-C$5.6 billion to C$4.9-C$5.4 billion.
BP Q2 Earnings Beat on Key Upstream Projects, Declines Y/Y
by Zacks Equity Research
Higher refining marker margin contributes to better-than-expected earnings of BP, partially offset by lower realized prices for oil equivalent volumes.
Dril-Quip (DRQ) Q2 Earnings Beat Estimates, Backlog Surges
by Zacks Equity Research
Dril-Quip (DRQ) reports an additional $5 million of annualized costs savings during second-quarter 2019.
Key Factors to Watch Out for Ahead of MPLX's Q2 Earnings
by Zacks Equity Research
MPLX's Gathering and Processing segment is expected to get a boost from total gathering throughput in second-quarter 2019.
Phillips 66 (PSX) Q2 Earnings Beat on Midstream Strength
by Zacks Equity Research
Contributions from pipeline transportation businesses support Phillips 66's (PSX) Q2 earnings.
RPC (RES) Plunges as Q2 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Lower contributions from pressure pumping activities hurt RPC's (RES) second-quarter earnings.
MPLX's 26th Consecutive Distribution Hike Cheers Investors
by Zacks Equity Research
MPLX expects the increased distribution to be paid on Aug 14 to unitholders of record as of Aug 5.
3 Reasons Why MPLX LP (MPLX) Is a Great Growth Stock
by Zacks Equity Research
MPLX LP (MPLX) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Is Flaring Limiting Shale Drillers' Production Capacity?
by Kaibalya Pravo Dey
With oil production projected to grow rapidly in the coming days, flaring is bound to surge. It remains to be seen whether it affects oil drillers' production capacity.
Oil & Gas Pipeline Industry Outlook Bright on Growth Projects
by Nilanjan Banerjee
Constraint in transportation capacity in many North American prolific plays raises demand for fresh pipeline assets, securing incremental fee-based revenues for midstream energy firms.
Why Is MPLX LP (MPLX) Up 1.1% Since Last Earnings Report?
by Zacks Equity Research
MPLX LP (MPLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
MPLX Makes Final Investment Decision on Whistler Pipeline
by Zacks Equity Research
To capitalize on the pipeline bottleneck in the Permian, MPLX has various pipeline projects underway, which are likely to poise the firm well for strong distributable cash flows in the future.
MPLX Surpasses Earnings Estimates in Q1, Misses Revenues
by Zacks Equity Research
MPLX's first-quarter earnings are supported by contribution from dropdown transactions related to the Logistics and Supply segment's pipelines and refining logistics assets.
MPLX LP (MPLX) Q1 Earnings Beat, Revenues Miss Estimates
by Nilanjan Banerjee
Contributions from Logistics and Supply segment supports MPLX LP's (MPLX) Q1 earnings.
Marathon Petroleum (MPC) Swings to Q1 Loss, Revenues Miss
by Nilanjan Choudhury
Marathon Petroleum's (MPC) Refining & Marketing segment reported operating loss of $334 million compared with loss of $133 million in the year-ago quarter.
Key Factors to Watch Out for Ahead of MPLX's Q1 Earnings
by Zacks Equity Research
MPLX's first-quarter 2019 earnings will likely be affected by weak Utica operations.
Here's Why You Should Offload MPLX Stock from Your Portfolio
by Zacks Equity Research
MPLX's balance sheet weakness, surging costs and weak Utica operations are plaguing its future growth potential.
Are You Looking for a High-Growth Dividend Stock? MPLX LP (MPLX) Could Be a Great Choice
by Zacks Equity Research
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does MPLX LP (MPLX) have what it takes? Let's find out.
Marathon Petroleum (MPC) Q4 Earnings Beat, Revenues Miss
by Nilanjan Choudhury
Operating profit from Marathon Petroleum's (MPC) Refining & Marketing segment was $923 million compared with $732 million in the year-ago quarter.