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Zacks News
Murphy Oil to Cut 2020 Spending Again to Preserve Liquidity
by Zacks Equity Research
Murphy Oil (MUR) undertakes further cost-saving initiatives amid COVID-19 crisis.
Devon to Cut 2020 Spending Again Amid Choppy Oil Prices
by Jewel Saha
Devon Energy (DVN) decides to lower its planned 2020 capital expenditure again by $300 million to safeguard liquidity amid falling crude oil prices.
Occidental (OXY) to Cut More Spending Amid Choppy Prices
by Zacks Equity Research
Occidental (OXY) decides to cut down its planned 2020 capital expenditure again to cope with the situation created by declining crude oil prices.
Devon's (DVN) Hedging Safeguards It Amid Falling Oil Price
by Zacks Equity Research
Devon Energy's (DVN) 2020 estimated oil and gas production hedges will assist it to safeguard its profitability amid the falling oil prices.
WPX Energy Cuts Spending by $400M to Preserve Liquidity
by Zacks Equity Research
WPX Energy (WPX) like other oil and gas companies has decided to cut down its capital expenditure by $400 million to preserve liquidity amid falling oil prices.
TOTAL (TOT) Expands Presence in North Sea With New Discovery
by Zacks Equity Research
TOTAL (TOT) expands presence in North Sea region through a new discovery made in the Central North Sea offshore U.K.
Devon Energy (DVN) Cuts 2020 Spending to Preserve Liquidity
by Zacks Equity Research
Devon Energy (DVN) decides to lower 2020 capital expenditure by $500 million to withstand the challenges posed by falling oil prices.
Noble (NBL) to Cut Expenses Amid Falling Commodity Prices
by Zacks Equity Research
Noble Energy (NBL) decides to lower capital expenditure for 2020 to preserve liquidity in the wake of falling commodity prices.
Murphy Oil Cuts Capital Budget Amid Strained Pricing Scenario
by Zacks Equity Research
Coronavirus outbreak compels Murphy Oil (MUR) to curb its 2020 Capex by 335%.
Murphy Oil's Steady E&P and Development Activities Bode Well
by Zacks Equity Research
Murphy Oil (MUR) is poised to benefit from its focus on high-margin liquid assets.
Why Is Murphy Oil (MUR) Down 11.2% Since Last Earnings Report?
by Zacks Equity Research
Murphy Oil (MUR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Occidental (OXY) Q4 Loss Wider Than Expected, Sales Beat
by Zacks Equity Research
Occidental Petroleum's (OXY) fourth-quarter 2019 loss is wider than expected. The company's acquisition of Anadarko significantly boosts its production volumes.
WPX Energy (WPX) Q4 Earnings and Revenues Miss Estimates
by Zacks Equity Research
WPX Energy's (WPX) fourth-quarter earnings and revenues lag estimates. Oil-focused production is expected to drive its performance in 2020.
Ormat Technologies (ORA) Q4 Earnings Miss, Revenues Up Y/Y
by Zacks Equity Research
Ormat Technologies' (ORA) operating income during Q4 amounts to $54.5 million compared with the $68 million registered in the year-ago quarter.
Covanta Holding's (CVA) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Covanta Holding's (CVA) fourth-quarter 2019 earnings increase on a year-over-year basis.
Devon Energy (DVN) Q4 Earnings Beat Estimates, Revenues Lag
by Zacks Equity Research
Devon Energy's (DVN) fourth-quarter earnings gain from 20% year-over-year increased oil production.
Noble Energy (NBL) Q4 Loss Narrower Than Expected, Sales Top
by Zacks Equity Research
Noble Energy's (NBL) fourth-quarter loss is narrower than expected. The company is likely to gain from the commencement of production at the Leviathan project.
Murphy USA (MUSA) Q4 Earnings Beat on Merchandise Strength
by Nilanjan Choudhury
Murphy USA's (MUSA) merchandise sales increased 7.9% year over year on an average per store month (or APSM) basis.
Core Labs' (CLB) Q4 Earnings Meet, Sales Miss Estimates
by Zacks Equity Research
Core Laboratories (CLB) Q4 results benefit from cost-control initiatives and operational efficiencies.
Murphy Oil (MUR) Q4 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Murphy Oil's (MUR) fourth-quarter 2019 revenues increase on a year-over-year basis.
RPC (RES) Q4 Loss Narrower Than Estimates, Revenues Miss
by Zacks Equity Research
RPC Inc's (RES) cost of revenues contracted from $274.4 million in fourth-quarter 2018 to $176.8 million due to lower activity levels and cost-reduction actions.
Murphy Oil (MUR) Q4 Earnings Top Estimates
by Zacks Equity Research
Murphy Oil (MUR) delivered earnings and revenue surprises of 33.33% and -15.95%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Are Investors Undervaluing Murphy Oil (MUR) Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Halliburton (HAL) Wins Seven Next-Phase Ichthys Contracts
by Zacks Equity Research
US oilfield contractor Halliburton (HAL) has been awarded major drilling contracts for Ichthys Phase-2 by INPEX.
Eni (E) Discovers First Gas Field In Sharjah in 37 Years
by Zacks Equity Research
Eni (ENI) continues its discovery streak with the addition of Mahani-1 exploration well, the first onshore discovery in the UAE Sharjah, since the early 1980s.