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Zacks News
Petrobras (PBR) Confirms the Sale of RLAM Refinery to Mubadala
by Zacks Equity Research
Petrobras (PBR) agrees to sell RLAM refinery to Abu Dhabi's Mubadala Capital for a deal value of $1.65 billion, which is pending regulatory nods.
Top Ranked Income Stocks to Buy for February 11th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, February 11th
Plains GP (PAGP) Sees Hammer Chart Pattern: Time to Buy?
by Zacks Equity Research
Plains GP Holdings (PAGP) has been struggling lately, but the selling pressure may be coming to an end soon.
Cabot (COG) Gives Preliminary Update on Q4 Output & Capex
by Zacks Equity Research
Cabot's (COG) production volume for the fourth quarter of 2020 is likely to have surpassed the prior guided range of 2,300-2,350 Mmcfe per day and is expected to be around 2,375 Mmcfe.
Patterson-UTI (PTEN) Posts Narrower-than-Expected Q4 Loss
by Zacks Equity Research
Patterson-UTI's (PTEN) capital expenditure decreases to $10.4 million in Q4 from $64 million in the fourth quarter of 2019.
NuStar Energy (NS) Q4 Earnings Miss Estimates, Revenues Top
by Zacks Equity Research
NuStar Energy's (NS) fourth-quarter throughput volumes from the pipeline segment of 1,657,310 barrels per day (Bbl/d) drop 19.8% from the prior-year period.
National Oilwell (NOV) Posts Wider-Than-Expected Q4 Loss
by Zacks Equity Research
National Oilwell's (NOV) Q4 revenues from the Rig Technologies segment plunge year over year, thanks to ramped-down drilling operations.
Suncor Energy (SU) Posts Narrower-Than-Expected Loss for Q4
by Zacks Equity Research
Suncor Energy's (SU) Exploration and Production segment (comprising International, Offshore and Natural Gas segments) produces 97,700 Boe/d in Q4 compared with 115,900 Boe/d in the prior-year quarter.
Top Ranked Value Stocks to Buy for February 4th
by Zacks Equity Research
Here are four stocks with buy rank and strong value characteristics for investors to consider today, February 4th
Magellan (MMP) Q4 Earnings Top Estimates, Sales Miss Mark
by Zacks Equity Research
Magellan Midstream's (MMP) distributable cash flow (DCF) of $269.7 million in the fourth quarter drops 24.6% from the year-ago level.
Imperial Oil (IMO) Q4 Earnings and Revenues Miss Estimates
by Zacks Equity Research
Imperial Oil (IMO) returns funds worth C$161 million to its shareholders through dividends in the fourth quarter.
Shell (RDS.A) to Buy 51% Share in Wind Farm Offshore Ireland
by Zacks Equity Research
Shell (RDS.A) to acquire 51% ownership in Simply Blue Energy's Emerald Wind Project, which has an initial installed capacity of 300 MW and the provision to grow to a total installed capacity of 1 GW.
Top Ranked Income Stocks to Buy for January 28th
by Zacks Equity Research
Here are four stocks with buy rank and strong income characteristics for investors to consider today, January 28th
Shell (RDS.A) Seals a Deal to Buy EV Charging Firm Ubitricity
by Zacks Equity Research
Shell (RDS.A) will complete the acquisition of Ubitricity by this year-end upon fulfilling all the regulatory conditions.
Marathon Petroleum (MPC) Minnesota Refinery Workers Call Strike
by Zacks Equity Research
Marathon Petroleum's (MPC) unionized workers at the St. Paul Park refinery stop work as they resist its decision to replace a slew of union jobs with non-union subcontractors or low-skilled operators.
Top Ranked Value Stocks to Buy for January 26th
by Zacks Equity Research
Here are four stocks with buy rank and strong value characteristics for investors to consider today, January 26th
Eni's (E) Var Energi Wins 10 Exploration Licenses in Norway
by Zacks Equity Research
Eni's (E) majority-owned Var Energi receives 10 exploration licenses on the Norwegian Continental Shelf, consisting of five operatorships and five partnerships.
ProPetro (PUMP) Provides Fourth-Quarter Preliminary Update
by Zacks Equity Research
ProPetro's (PUMP) 2020 capital expenditures are projected to be lower than $85 million and meet the company's prior expectations.
Murphy USA (MUSA) Provides Fourth-Quarter Preliminary Update
by Zacks Equity Research
Murphy USA (MUSA) opens 15 new stores and re-launches 20 raze-and-rebuild stores in Q4.
Chevron's (CVX) Pipeline Venture to Ship Israel's Gas to Egypt
by Zacks Equity Research
Chevron (CVX) along with other energy players aims to pump nearly $235 million into pipelines to dispatch Israel's natural gas to Egypt.
NOV Gives Update on Fourth-Quarter 2020 Operational Guidance
by Zacks Equity Research
NOV anticipates it fourth-quarter 2020 revenues to be $1.33 billion, lower than its prior outlook.
Chevron (CVX) Invests in San Jose-Based Carbon Capture Start-Up
by Zacks Equity Research
Chevron's (CVX) investment in carbon capture and utilization technologies will provide ample scope to the company to focus more on a diversified portfolio of low-carbon energy resources.
Equinor (EQNR) Plans to Divest Onshore Assets in Bakken Shale
by Zacks Equity Research
Equinor (EQNR) is considering a sale of its onshore shale assets in the Bakken field, while it focuses on Marcellus field projects to improve profitability.
Petrobras (PBR) to Sell Its Stakes in 3 Mangue Seco Wind Farms
by Zacks Equity Research
Petrobras (PBR) to sell off its entire 49% stake in the Mangue Seco 1 wind farm to V2I Transmissao de Energia Eletrica S.A. for R$42.5 million.
Diamondback (FANG) Up 57.1% in 6 Months: More Room for Upside?
by Zacks Equity Research
Diamondback's (FANG) 2018 buyouts of Energen Corporation and Ajax Resources help the company emerge as one of the leading Permian Basin oil producers.