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Zacks News
BP to Develop U.K. Viking CCS Project With Harbour Energy
by Zacks Equity Research
As part of the deal, BP will acquire a 40% non-operated interest in the Viking CCS project.
ExxonMobil's (XOM) Prosperity FPSO Reaches Guyana Stabroek Block
by Zacks Equity Research
The Prosperity vessel will be permitted to ExxonMobil (XOM) to operate on the Payara project offshore Guyana.
Oceaneering (OII) Offers a Winning Formula in Energy Space
by Zacks Equity Research
Fundamentals suggest higher future earnings, share performance has been rock-solid, and Oceaneering International (OII) has strong growth prospects.
Here's Why it is Worth Investing in Baker Hughes (BKR) Stock
by Zacks Equity Research
Baker Hughes (BKR) expects revenues of $14.5-$15.5 billion from the Oilfield Services and Equipment unit in 2023, indicating an increase from the $13.2 billion reported in 2022.
Oceaneering International (OII) Flat As Market Sinks: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed at $17.45 in the latest trading session, marking no change from the prior day.
Oceaneering International (OII) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed the most recent trading day at $17.45, moving -0.51% from the previous trading session.
Enbridge (ENB) Faces Delay in Line 5 Tunnel Permit Process
by Zacks Equity Research
The delay is a setback for the Line 5 tunnel project, which Enbridge (ENB) has initially planned to complete as early as 2024.
Oceaneering International (OII) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed at $16.19 in the latest trading session, marking a -1.46% move from the prior day.
BP Plans to Acquire Remaining Stakes in Its Lighthouse BP JV
by Zacks Equity Research
The decision comes after BP delays its shift from oil and gas and pledges to boost spending on renewables and low-carbon fuel by $8 billion by 2030.
Here's Why Hold Strategy is Apt for DCP Midstream (DCP) Stock
by Zacks Equity Research
For the year ended Dec 31, 2022, DCP Midstream (DCP) reduces about $570 million in absolute debt.
Here's Why Hold Strategy is Apt for Cenovus (CVE) Stock Now
by Zacks Equity Research
Cenovus (CVE) expects downstream throughput volumes of 610,000-660,000 barrels per day for 2023, indicating a 28% increase from the 2022 reported level.
Eni (E) Signs Deal to Develop Offshore Wind Projects in Italy
by Zacks Equity Research
Combined, Eni (E) and CIP's three offshore projects will produce about 5 TWh/year.
Here's Why Sunoco (SUN) is an Attractive Investment Bet Now
by Zacks Equity Research
Sunoco (SUN) is expected to benefit from recovering gasoline demand and rising diesel fuel consumption.
Oceaneering's (OII) Q4 Earnings & Revenues Miss Estimates
by Zacks Equity Research
Oceaneering International (OII) predicts 2023 consolidated EBITDA of $260-$310 million, free cash flow of $75-$125 million and capex of $90-$110 million.
Oceaneering International (OII) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed at $18.09 in the latest trading session, marking a +1.4% move from the prior day.
Is Marathon Petroleum (MPC) Outperforming Other Oils-Energy Stocks This Year?
by Zacks Equity Research
Here is how Marathon Petroleum (MPC) and Oceaneering International (OII) have performed compared to their sector so far this year.
Should You Invest in the SPDR S&P Oil & Gas Equipment & Services ETF (XES)?
by Zacks Equity Research
Sector ETF report for XES
Oceaneering International (OII) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed the most recent trading day at $22.11, moving +1.52% from the previous trading session.
Is SPDR S&P Oil & Gas Equipment & Services ETF (XES) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for XES
Oceaneering International (OII) Lags Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Oceaneering International (OII) delivered earnings and revenue surprises of -64.71% and 0.19%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Oceaneering International (OII) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Oceaneering International (OII) closed at $21.54, marking a +0.89% move from the previous day.
Is a Beat in the Cards for Sunoco (SUN) in Q4 Earnings?
by Zacks Equity Research
Higher demand for motor fuel is expected to have aided Sunoco's (SUN) earnings in Q4.
Is a Beat in Store for Antero Midstream (AM) in Q4 Earnings?
by Zacks Equity Research
Antero Midstream (AM) is likely to have generated stable cashflows in Q4.
Oceaneering International (OII) Stock Moves -0.05%: What You Should Know
by Zacks Equity Research
Oceaneering International (OII) closed at $20.69 in the latest trading session, marking a -0.05% move from the prior day.
Enbridge (ENB) to Report Q4 Earnings: What's in the Offing?
by Zacks Equity Research
Being a leading midstream player in North America, Enbridge (ENB) is likely to have generated stable fee-based revenues in Q4.