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Zacks News
Weatherford (WFRD) Q1 Earnings Beat Estimates
by Zacks Equity Research
Weatherford (WFRD) delivered earnings and revenue surprises of 15.73% and 0.36%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
What's in Store for Oceaneering International Stock in Q1 Earnings?
by Zacks Equity Research
OII is expected to report higher revenues from the year-ago period. However, the company is expected to have faced increased costs and expenses.
Oceaneering International (OII) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oceaneering International (OII) Surges 13.4%: Is This an Indication of Further Gains?
by Zacks Equity Research
Oceaneering International (OII) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
TechnipFMC: A Strong Performer, But Is It Time to Buy the Stock?
by Zacks Equity Research
Despite its strengths, FTI's dividend yield of 0.67% lags its industry peers, making it less attractive to income-focused investors.
Eni Boosts Baleine Offshore Production to Support Local Energy Demands
by Zacks Equity Research
E mentions that a significant increase in production at the Baleine field has been realized by working closely with the Ivorian authorities and Petroci Holding.
BP Sells $1B Stake in Key Azerbaijan-Turkiye Gas Pipeline
by Zacks Equity Research
BP secures $1 billion from Apollo for a 25% TANAP stake, unlocking capital while maintaining influence in the Azerbaijan-Turkiye pipeline. Closing is expected in Q2 2025.
Equinor Lowers Green Targets by Citing Rising Costs & Delays
by Zacks Equity Research
EQNR is lowering climate targets amid rising costs and policy shifts. While scaling back renewables, it remains committed to net zero by 2050.
Subsea7 Locks in Multi-Year Deal for Solstad Offshore IMR Vessel
by Zacks Equity Research
The new contract prolongs the IMR vessel's stay with SUBCY for two more years and includes three yearly options.
ExxonMobil Taps New Wave Offshore to Provide MWS Services in Guyana
by Zacks Equity Research
New Wave Offshore Energy is expected to provide risk management services and safety supervision for XOM's giant Whiptail project in the Starbroek Block offshore Guyana.
Oceaneering International (OII) Down 10% Since Last Earnings Report: Can It Rebound?
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.
Eni to Divest Stakes in Cote d'Ivoire and Congo Assets to Vitol
by Zacks Equity Research
E and Vitol's latest agreement allows the latter to gain access to high-value upstream assets in West Africa, including the giant Baleine discovery and the Congo LNG project.
ExxonMobil Challenges Colonial Pipeline's Fuel Shipping Plan
by Zacks Equity Research
XOM questions Colonial Pipeline's plan to cut gasoline grades, claiming it would hurt fuel supply efficiency and increase costs for shippers.
Harbour Energy Receives Permit for Havstjerne Carbon Storage Project
by Zacks Equity Research
HBRIY's work commitment includes drilling the exploratory well by the first quarter of 2025, followed by the concept selection for the development of the carbon storage unit.
Phillips 66 Confirms Los Angeles Refinery Shutdown by October
by Zacks Equity Research
PSX to shut its LA refinery by October, raising concerns about fuel supply and price spikes in California amid strong seasonal demand and refinery maintenance.
ExxonMobil and Woodside Approve $221M Turrum Gas Project
by Zacks Equity Research
XOM and Woodside take a final investment decision on the $221M Turrum project, expected to help avert Australia's looming gas shortfall.
EQNR's Halten East Field Begins Production to Boost Norway Gas Exports
by Zacks Equity Research
Equinor's Halten East development holds recoverable reserves of approximately 100 million barrels of oil equivalent per the discoveries.
BP and SOCAR Enter Israeli Waters With Gas Exploration Deal
by Zacks Equity Research
BP and SOCAR secure offshore gas licenses in Israel, a strategic move as Israel strengthens its role in the global energy market and expands natural gas exports.
BP Intends to Sell Half of Lightsource BP, Bids Due in June
by Zacks Equity Research
BP plans to sell 50% of Lightsource BP to a strategic partner, with bids due in June. This is part of its strategy to cut costs and boost returns amid investor pressure.
Oceaneering Wins Department of Defense Contract for Maritime Tech
by Zacks Equity Research
OII secures the largest-ever defense contract from the Department of Defense, validating its expertise in maritime mobility and engineering solutions.
Oceaneering's Q4 Earnings Miss Estimates, Revenues Beat
by Zacks Equity Research
OII expects net income to be between $160 million and $190 million, with consolidated EBITDA between $380 million and $430 million for 2025.
Oceaneering International (OII) Q4 Earnings Miss Estimates
by Zacks Equity Research
Oceaneering International (OII) delivered earnings and revenue surprises of -17.78% and 4.63%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
Will These 4 Energy Stocks Surpass Q4 Earnings Forecasts?
by Turjya Saha
Investors interested in Energy stocks can keep an eye on the fourth-quarter 2024 earnings reports of OII, PUMP, E and NOG.
Oceaneering International (OII) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
Oceaneering International (OII) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Oceaneering Orders 100 Octans 9 Units for Better Offshore Operations
by Zacks Equity Research
OII orders 100 Octans 9 AHRS with Exail to boost offshore operations, ensure superior navigation accuracy and enhance operational efficiency.