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Zacks News
Phillips 66 Partners Plans $2.4B Bakken Assets Acquisition
by Zacks Equity Research
The addition of pipeline assets will provide Phillips 66 Partners (PSXP) with stable fee-based revenues.
Oil & Gas Stock Roundup: BP Project Start-Up, PSXP Asset Buyout, RIG's Floater Retirement
by Nilanjan Choudhury
It was a week where oil prices extended the streak of gains, while natural gas futures slipped following a clutch of bearish data sets.
Surging Earnings Estimates Signal Good News for Phillips 66 (PSX)
by Zacks Equity Research
Phillips 66 (PSX) could be an interesting play for investors as it is seeing solid activity on the earnings estimate revision, along with decent short-term momentum.
Oil Breaks $50 Barrier for Best Finish in More Than 6 Weeks
by Nilanjan Choudhury
U.S. crude broke through $50 a barrel in trading yesterday, boosted by stronger demand outlook amid falling supply.
U.S. Oil Refiners to Profit from UN North Korea Sanctions
by Zacks Equity Research
Worldwide demand for black gold will likely be severely affected if North Korean tension invites conflicts with neighboring countries.
Can SPR's Emergency Release Lift Gasoline Price in the U.S?
by Zacks Equity Research
The administration is trying to bring stability in the oil market by lending emergency reserve to the companies hit by Harvey.
Gasoline Soars on Harvey Disruption, Crude Falls Despite Big Draw
by Nilanjan Choudhury
While another large drawdown in crude stocks failed to lift the commodity's sentiment, gasoline surged to a two-year high on supply disruptions from Hurricane Harvey.
Oil Refining Sees Cash Flow Surge in Q2: 5 Stocks in Focus
by Zacks Equity Research
Net cash flow from core operations in the Oil Refining industry increased nearly 235% in second-quarter 2017.
EIA Reports a Sixth-Straight Weekly Drop in Crude Supplies
by Nilanjan Choudhury
The U.S. Energy Department's inventory release showed that crude stockpiles declined for the sixth straight week, continuing to drag down the overall surplus.
Can Andeavor (ANDV) Pull A Surprise This Earnings Season?
by Zacks Equity Research
Successful completion of Western Refining's buyout is expected to cushion the effects of improving price scenario for the downstream operator Andeavor (ANDV) in Q2.
Phillips 66 (PSX) Beats Q2 Earnings, Increases YoY
by Zacks Equity Research
Higher contribution from all segments, except the Marketing and Specialties segment aided earnings growth in second-quarter 2017 for Phillips 66 (PSX).
Phillips 66 (PSX) Q2 Earnings Beat Estimates, Revenues Lag
by Zacks Equity Research
Higher contribution from all segments, excluding the Marketing and Specialties segment, aid Phillips 66's (PSX) second-quarter earnings.
Will Phillips 66 (PSX) Disappoint This Earnings Season?
by Zacks Equity Research
Phillips 66's (PSX) second-quarter 2017 earnings likely to be impacted by increasing debt and decreasing cash flow.
Zacks Industry Outlook Highlights: Royal Dutch Shell, PetroChina, Phillips 66, HollyFrontier and PBF Energy
by Zacks Equity Research
Zacks Industry Outlook Highlights: Royal Dutch Shell, PetroChina, Phillips 66, HollyFrontier and PBF Energy
New Strong Sell Stocks for July 18th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
U.S. Crude Price Rises on Big Inventory Drawdown
by Nilanjan Choudhury
With its biggest fall in 10 months, domestic oil supplies have dropped below 5000 million barrels for the first time since late January.
Phillips 66 Midstream Operations Strong, Debts on the Rise
by Zacks Equity Research
On Jun 20, we issued an updated research report on downstream energy player Phillips 66 (PSX).
Top Research Reports for UnitedHealth, Netflix & Pepsi
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including UnitedHealth (UNH), Netflix (NFLX), and Pepsi (PEP).
U.S. Crude Supplies Slump Amid Record Refining
by Nilanjan Choudhury
Government figures showed eighth straight weekly decline in oil stockpiles as refiners processed record amount of crude.
ConocoPhillips (COP) to Settle $39M Contamination Lawsuit
by Zacks Equity Research
ConocoPhillips (COP) recently agreed to a proposed settlement of $39 million for groundwater contamination charges brought by the state of New Jersey.
EIA Says U.S. Crude Supplies Declined for the Sixth Week
by Nilanjan Choudhury
Government figures showed 1.75 million barrels decline in oil stockpiles for the week ended May 12.
New Research Reports for Britol-Myers, Pricline & Phillips 66
by Sheraz Mian
Today's Research Daily features new research reports on 16 major stocks, including Bristol-Myers (BMY), Priceline (PCLN) and Phillips 66 (PSX).
Phillips 66 (PSX) Q1 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Phillips 66 (PSX) posted adjusted first-quarter 2017 earnings of 56 cents per share that comfortably surpassed the Zacks Consensus Estimate of 3 cents.
Phillips 66 (PSX) Beats Q1 Earnings & Revenue
by Zacks Equity Research
Phillips 66's first quarter 2017 earnings per share from continuing operations (excluding special items) came in at $0.56, above the Zacks Consensus Estimate of $0.03.
Oil Stocks to Watch for Earnings on Apr 28: XOM, CVX & More
by Zacks Equity Research
Let???s see what???s in store for these four energy companies that are expected to report Q1 results on Apr 28, before the opening bell.