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Zacks News
Why Hold Strategy is Apt for National Oilwell (NOV) Stock Now
by Zacks Equity Research
National Oilwell (NOV) does not outsource part of its work like many other energy equipment makers, but, rather manufactures its drilling equipment internally.
Buy These 4 Momentum Stocks to Profit from the Oil Surge
by Zacks Equity Research
Over the last few days, the oil market has started to gain momentum thanks to the improving demand outlook and OPEC deal-extension talks.
EOG Resources (EOG) Banks on Gaut's Expertise for Growth
by Zacks Equity Research
EOG Resources (EOG) believes that Christopher's extensive years of experience in oilfield services will benefit it.
ExxonMobil Resumes Beaumont Unit Fuel Production Post Harvey
by Zacks Equity Research
ExxonMobil (XOM) resumes fuel production at a lower rate than pre-Harvey levels. Meanwhile, upstream activities in the U.S. Gulf Coast area are back to normal.
Jagged Peak Energy Lowers 3Q17 & FY17 Production Estimates
by Zacks Equity Research
Jagged Peak Energy (JAG) has lowered production guidance for third-quarter 2017 and full-year 2017, mainly due to industry infrastructure impacts caused by Hurricane Harvey.
Ultra Petroleum Releases FY17 Operational & Financial Updates
by Zacks Equity Research
Per Ultra Petroleum's (UPL) fiscal 2017operational and financial updates, the company expects higher production during third quarter and reflects positivity.
Petrobras (PBR) to Issue Senior Notes Worth $2 Billion
by Zacks Equity Research
Petrobras (PBR) intends to use the proceeds from the offering for the repayment of borrowings under its senior credit facility and for general corporate purposes.
Energy Transfer Partners Prices Senior Notes Worth $2.25B
by Zacks Equity Research
Energy Transfer Partners' (ETP) pricing of $2.25 billion senior notes will provide financial flexibility to the partnership and propel long-term growth.
Williams Partners Commences Greenfield Pipeline Construction
by Zacks Equity Research
Williams Partners (WPZ)has commenced construction on the greenfield portion of the Atlantic Sunrise pipeline project in Pennsylvania.
ExxonMobil's (XOM) Harvey-Hit Beaumont Unit May Resume Work
by Zacks Equity Research
ExxonMobil's (XOM) Beaumont refinery will likely resume almost all of its operating plants by this week.
Kinder Morgan Gets Nod for Terminal Work in Burnaby Marine
by Zacks Equity Research
Kinder Morgan (KMI) receives approval from Canada's National Energy Board to commence construction on the Burnaby marine terminal.
Valero Energy (VLO) to Benefit From Mexican Energy Reforms
by Zacks Equity Research
Mexican energy reforms will help Valero Energy (VLO) expand operations and presence in the country.
SM Energy's (SM) Operations Return to Pre-Harvey Levels
by Zacks Equity Research
SM Energy (SM) announced that the hurricane will likely result in a slashed third-quarter production guidance.
Petrobras (PBR) Okays Discovery Global Lawsuit Settlement
by Zacks Equity Research
With the Discovery Global settlements, the company has settled 21 individual actions out of the total 27 that were consolidated with class action.
Eni in Cooperation Deal with China's State Petroleum Company
by Zacks Equity Research
Eni has inked a cooperation agreement with CNPC pertaining to collaboration on oil & gas exploration and production, gas and LNG value chain opportunities, trading and refining activities.
SeaDrill (SDRL) Files for Bankruptcy Protection, Shares Up
by Zacks Equity Research
SeaDrill (SDRL) enters into a restructuring agreement which will provide the company with $1.06 billion capital.
ConocoPhillips (COP) Restores Texas Production Post Harvey
by Zacks Equity Research
ConocoPhillips' (COP) third quarter and full-year 2017 production guidance remains unaltered post Harvey. The company has restored production in its Eagle Ford field to pre-Harvey level.
Cheniere Energy (CQP) Announces $1B Senior Notes Offering
by Zacks Equity Research
Cheniere Energy (CQP) will likely utilize the net proceeds from note offering to pay off part of term loan.
BP Midstream Partners' IPO Plans for US Pipelines on Track
by Zacks Equity Research
BP's (BP) wholly owned indirect subsidiary, BP Midstream Partners, has filed a registration statement on Form S-1 with SEC relating to initial public offering (IPO) of common units.
Southwestern Energy Prices $1.15B Senior Notes Offering
by Zacks Equity Research
Southwestern (SWN) has initiated the pricing of its underwritten public offering of senior notes valued at $1.15 billion.
TransCanada's (TRP) Pipeline Projects Take a Back Seat
by Zacks Equity Research
TransCanada (TRP) stalls Energy East Pipeline and Eastern Mainline Projects owing to stringent regulatory policies imposed by NEB.
Holly Energy Partners (HEP) Surges: Stock Moves 7% Higher
by Zacks Equity Research
Holly Energy Partners (HEP) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.
BP's Shah Deniz Project Acquires Vessel Khankendi for $378M
by Zacks Equity Research
BP operated Shah Deniz Project has received its modern subsea construction vessel, Khankendi at a cost of $378 million.
Statoil Concludes Installation of Last Turbine in Dudgeon
by Zacks Equity Research
Statoil (STO) completes installation of the last of the 67 wind turbines in the Dudgeon field as planned and below budget.
BP & Reliance Industries to Revive NEC-25 Gas Block Plan
by Zacks Equity Research
BP and Reliance Industries are discussing technical aspects pertaining to the development of the NEC-25 gas block.