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Zacks News
Core Labs (CLB) Q2 Earnings In Line, Sales Miss Estimates
by Zacks Equity Research
Core Labs (CLB) generates FCF of $10.1 million in Q2, marking the 71st consecutive quarter that the company has generated FCF.
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.
Oceaneering (OII) Dips on Wider Q2 Loss, Subdued Outlook
by Zacks Equity Research
A bright spot in the report was Oceaneering International's (OII) free cash flow, which turned positive through the first half of 2019.
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.
Helmerich & Payne (HP) Beats Q3 Earnings and Sales Estimates
by Zacks Equity Research
Higher-than-expected revenues from the U.S. Land unit and better-than-anticipated contribution from the Offshore segment buoy Helmerich & Payne's (HP) fiscal Q3 results.
TechnipFMC (FTI) Q2 Earnings Top, Backlog Jumps, View Up
by Zacks Equity Research
TechnipFMC (FTI) books record inbound orders of $11.2 billion in Q2, primarily driven by major contract wins for Arctic LNG 2 and Mozambique projects.
Oceaneering International (OII) Reports Q2 Loss, Lags Revenue Estimates
by Zacks Equity Research
Oceaneering International (OII) delivered earnings and revenue surprises of -28.00% and -5.70%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Schlumberger Receives Master Contract From Chevron in GoM
by Zacks Equity Research
Schlumberger (SLB) is set to provide innovative technologies, as required by Chevron's Gulf of Mexico projects.
Halliburton (HAL) Surges: Stock Moves 9.2% Higher
by Zacks Equity Research
Halliburton (HAL) saw a big move last session, as its shares jumped more than 9% on the day, amid huge volumes.
International Growth Drives Halliburton (HAL) Q2 Earnings
by Nilanjan Choudhury
Strong activity in international markets helped the Houston-based oilfield services provider gift investors an estimate-beating quarter.
Range Resources Decides $634M Asset Divestment in Appalachian
by Zacks Equity Research
Range Resources (RRC) expects to lower total debt by roughly 17% with the proceeds of its asset divestment.
Schlumberger (SLB) Q2 Earnings Meet Estimates, Revenues Top
by Nilanjan Banerjee
Contributions from drilling operations in international markets aid Schlumberger's (SLB) Q2 earnings.
Phillips 66 Partners Cheers Unitholders With Distribution Hike
by Zacks Equity Research
Phillips 66 Partners (PSXP) is well-positioned to increase distributions in the coming quarters on a huge backlog of organic growth midstream projects.
Kinder Morgan (KMI) Misses Q2 Earnings & Revenue Estimates
by Zacks Equity Research
Kinder Morgan's (KMI) lower-than-expected Q2 results are primarily due to reduced contribution from the KM Crude & Condensate Pipeline.
Analysts Estimate Oceaneering International (OII) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Oceaneering International (OII) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Encana (ECA) Slips to 52-Week Low But Still Holds Promise
by Zacks Equity Research
Although Encana (ECA) slips to 52-week low, the stock should be retained in your portfolio, given robust output and cash flow outlook, along with strategic endeavors to boost performance.
McDermott (MDR) Scoops Up FEED Contract for Oman LNG Project
by Zacks Equity Research
The value of McDermott's (MDR) latest FEED contract, which is expected within $1-$50 million, is going to be reflected in second-quarter 2019 backlog.
Enterprise Products Cheers Investors With Distribution Hike
by Zacks Equity Research
The persistent rise in quarterly distributions reflects Enterprise Products' (EPD) strong business model, with stable fee-based revenues.
Enterprise Agrees to Expand Houston Oil Loading Capacities
by Zacks Equity Research
Enterprise Products (EPD) says that its investments in the latest expansion projects will expand its loading capacity of LPG, PGP and crude by 1.3 million barrel per day.
Here's Why You Should Sell Core Labs (CLB) Stock Right Now
by Zacks Equity Research
Conservative capex by North American energy producers and lackluster international and offshore activities are likely to dent Core Labs' (CLB) performance in the near future.
3 Stocks to Buy as Oil Service Firms Regain Pricing Power
by Nilanjan Choudhury
The ongoing consolidation has changed the oilfield service industry's supply dynamics and improved their pricing power.
TechnipFMC Receives Subsea Contracts From Anadarko's Arm
by Zacks Equity Research
TechnipFMC (FTI) plans to carry out installation works for the Mozambique Golfinho/Atum development with its consortium partner, Van Oord.
Why Is Oceaneering International (OII) Down 13.2% Since Last Earnings Report?
by Zacks Equity Research
Oceaneering International (OII) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Select Energy Services (WTTR) in Focus: Stock Moves 5.4% Higher
by Zacks Equity Research
Select Energy Services (WTTR) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
Oceaneering (OII) Q1 Loss Narrower Than Expected, Sales Beat
by Zacks Equity Research
Oceaneering International (OII) revises its 2019 EBITDA guidance to $150-$180 million, reflecting $10 million increase from the lower end of the prior forecast.