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Zacks News
Hurricane Harvey to Advance on Oil Refineries
by Mark Vickery
Hurricane Harvey is expected to be classified a Category 3 hurricane before it strikes the coast of Southeast Texas this morning, jeopardizing the oil refinery industry located in and around Houston.
Foreign Stock Roundup: Alibaba Beats, Petrobras Misses
by Swarup Gupta
Foreign markets grapples with political events in the U.S. and tensions related to North Korea.
Oil & Gas Stock Roundup: Andeavor Logistics & Nabors' Acquisitions, BP's Project Start-Up & More
by Nilanjan Choudhury
Acquisitions and deals were in focus in a sign that consolidation is picking up in the energy space.
Petrobras (PBR) Strikes Oil Accumulation in Campos Basin
by Zacks Equity Research
Petrobras (PBR) now has an opportunity to counter declining production in Campos Basin in the Marlim Sul field area.
Petrobras (PBR) Q2 Earnings Miss but Manages to Cut Debt
by Nilanjan Choudhury
Brazil oil giant Petrobras (PBR) reported disappointing second-quarter earnings amid a steeper tax bill and lower sales volumes but had positive free cash flow for the ninth straight quarter.
Can Petrobras (PBR) Pull A Surprise This Earnings Season?
by Zacks Equity Research
Cost cut and divestment strategies of Petrobras(PBR) are likely to cushion the adverse impact of its high leverage and surging RIN costs in the second quarter.
Foreign Stock Roundup: GSK, Shell, AstraZeneca Beat on Earnings
by Swarup Gupta
Investors across the globe focused on earning numbers and the outcome of the Fed's policy meeting this week.
Exxon Mobil (XOM) Q2 Earnings Miss on Lower Volumes
by Zacks Equity Research
Lower margin from the chemical businesses has hurt Q2 earnings for Exxon Mobil (XOM). This was, however, offset partially by improved refinery volumes.
National Oilwell (NOV) Q2 Loss in Line, Revenues Miss Mark
by Zacks Equity Research
National Oilwell's (NOV) Q2 loss per share was in line with estimates but narrower than the prior-year quarter due to cost-control measures and rising momentum in the U.S. land market.
Cabot (COG) Misses Q2 Earnings, Beats Revenue Estimates
by Zacks Equity Research
Increased costs led to the lower-than-expected second-quarter earnings of Cabot (COG).
Top Ranked Value Stocks to Buy for July 28th
by Zacks Equity Research
Here are four stocks with buy rank and strong value characteristics for investors to consider today, July 28th:
EQT Corp (EQT) Beats Earnings & Revenue Estimates in Q2
by Zacks Equity Research
Improved production sales volumes drove Q2 numbers for EQT Corp (EQT).
Suncor (SU) Misses Earnings and Revenue Estimates in Q2
by Zacks Equity Research
Increased costs led to the weaker-than-expected second-quarter results of Suncor Energy (SU)
Helmerich & Payne (HP) Q3 Loss Lower Than Expected, Sales Top
by Zacks Equity Research
Helmerich & Payne (HP) delivered solid Q3 results on the back of improving momentum in the North American land market along with increased margins in the offshore and international markets.
TechnipFMC (FTI) Beats Earnings and Revenue Estimates in Q2
by Zacks Equity Research
TechnipFMC (FTI) delivered solid Q2 results on the back of steady project executions along with increased focus on efficiencies.
McDermott (MDR) Lags Q2 Earnings and Revenue, Stock Falls
by Zacks Equity Research
McDermott International Inc. (MDR) shares declined after it missed estimates in Q2 owing to escalating costs. This broke the company's stellar track record of estimate beats in the last 10 quarters.
Core Laboratories (CLB) Q2 Earnings Top Estimates, Sales Lag
by Zacks Equity Research
Core Laboratories N.V. (CLB) surpassed earnings estimates in the second quarter due to higher operating income and revenues in the product enhancement segment.
Encana's (ECA) Q2 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Improvement in the top line, successful cost cutting initiatives and higher realized prices resulted in Encana's (ECA) better-than-expected earnings in Q2.
Is it the Right Time to Get Rid of Denbury Resources (DNR)?
by Zacks Equity Research
Denbury is struggling with declining proved oil and gas reserves, which might affect its production.
Oil & Gas Stock Roundup: Deals from Shell, Halcon & Abraxas
by Nilanjan Choudhury
Supermajor Royal Dutch Shell (RDS.A) as well as producers Halcon Resources (HK) and Abraxas Petroleum (AXAS) announced separate deals to offload major chunk of non-core holdings.
Foreign Stock Roundup: Infosys Beats, Taiwan Semiconductor Misses
by Swarup Gupta
Dovish comments from Yellen helped global stocks post gains.
Canadian Natural and 4 Other Great Large-Cap Energy Stocks
by Nilanjan Choudhury
These high-quality large-cap energy companies provide excellent opportunities to investors to earn impressive returns that come with lower risk.
Petrobras (PBR) Stock Rises on Revised Regulatory Verdict
by Zacks Equity Research
Petrobras (PBR) saw its shares jump 4.9% to $8.44 yesterday on heavy trading volume following certain positive announcements.
Petrobras' (PBR) Class Action Lawsuit Plea Partly Accepted
by Zacks Equity Research
Petrobras (PBR) recently tasted partial success when it succeeded to persuade the U.S. Court of Appeals to annul the certification of a class of investors.
Oil & Gas Stock Roundup: Apache's Canadian Exit, Halliburton's Acquisition & More
by Nilanjan Choudhury
Oil and natural gas both registered weekly losses.