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Zacks News
Can ExxonMobil's New LNG Import Facility Benefit Australia?
by Zacks Equity Research
ExxonMobil (XOM) is planning to retain its hold in the Australian LNG market via new imports.
Chevron's 2nd Train at Wheatstone LNG Project Comes Online
by Zacks Equity Research
Chevron's (CVX) $34-billion Wheatstone project consists of two liquefaction trains with a shipment capacity of 8.9 million metric tons of LNG per year.
How Exxon Mobil (XOM) Stock Stands Out in a Strong Industry
by Zacks Equity Research
Exxon Mobil (XOM) is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
ExxonMobil (XOM) to Construct Pipeline in Crowded Permian
by Zacks Equity Research
ExxonMobil's (XOM) intends to construct a pipeline with Plains All American Pipeline (PAA) to address the pipeline bottleneck problem in the crowded Permian Basin.
Big Oil Stocks: Why Chevron (CVX) Is the Best Right Now
by Nilanjan Choudhury
The stability in crude prices and production growth should push Chevron's (CVX) earnings and cash flows higher in 2018.
Lilis Energy Inks Acreage Swap Deal to Lift Delaware Footing
by Zacks Equity Research
Lilis Energy (LLEX) enters into an acreage swap deal, advancing closer to its 2018 production target of 7,500 barrels of oil equivalent per day, which it now expects to surpass before the year-end.
Stock Market News For Jun 13, 2018
by Zacks Equity Research
U.S. stocks closed mixed on Tuesday after gaining over two consecutive winning sessions
Exxon Mobil (XOM) Expedites Liza Phase 1 Development Process
by Zacks Equity Research
The progress in the development of Exxon Mobil's (XOM) Liza Phase 1 is estimated to generate more than $7 billion in royalty and profit oil revenues.
Oil & Gas Stock Roundup: Devon's Asset Sale, Exxon's Brazil Win & More
by Nilanjan Choudhury
With the monetization of midstream assets, Devon Energy (DVN) to is set to exceed its divestiture target, while Exxon Mobil (XOM) has decided to bet big on Brazil's offshore blocks.
Stock Market News For Jun 11, 2018
by Zacks Equity Research
Wall Street closed higher on Friday to end a particularly strong week
Rowan's (RDC) Drillship Receives Contract From Exxon Mobil
by Zacks Equity Research
Rowan's (RDC) drillships are superior among 7th Generation rigs and are exceptionally placed to provide key features preferred by the market.
Equinor (EQNR) & Partners Find Oil in PL167 at Utsira High
by Zacks Equity Research
Equinor's (EQNR) new find at the PL 167 bodes well. However, additional work will ascertain whether the oil can be commercially developed.
Exxon Mobil Expands Footprint in Brazil With Uirapuru Block
by Zacks Equity Research
Post the win of Uirapuru exploration block, Exxon Mobil's (XOM) exposure in Brazil reaches more than 2.2 million net acres.
Exxon Mobil Acquires 50% of Equinor's Stake in BM-S-8 Block
by Zacks Equity Research
Exxon Mobil (XOM) is pleased to command it significant presence in the Carcara field, touted as the premium quality offshore oil field in Brazil.
Shell Kick-Starts Kaikias Production 1 Year Ahead of Schedule
by Zacks Equity Research
Along with accelerating production for Kaikias, Shell (RDS.A) has managed to lower its cost by 30% since the FID on the project.
ExxonMobil Announces Management Changes as Woodbury Retires
by Zacks Equity Research
ExxonMobil (XOM) elects Neil Hansen as vice president of investor relations and secretary, post Jeff Woodbury's retirement.
ExxonMobil Chalks Out Plans to More Than Double Earnings
by Zacks Equity Research
ExxonMobil (XOM) plans to increase production to cater to growing demand for energy and address the risks of climate change.
Halliburton, Aramco Unite to Boost Saudi Arabia Gas Output
by Zacks Equity Research
On entering into a three-year contract in Saudi Arabia, Halliburton (HAL) is going to expand its geographical footprint, along with boosting its backlog and revenue prospects.
ExxonMobil Targets 15% Cut in Methane Emissions by 2020
by Zacks Equity Research
ExxonMobil (XOM) undertakes several measures to curb greenhouse gas and expects to lower emissions by 2020.
Zacks Investment Ideas feature highlights: Occidental, Exxon, Chevron, Anadarko and Select Energy
by Zacks Equity Research
Zacks Investment Ideas feature highlights: Occidental, Exxon, Chevron, Anadarko and Select Energy
Magellan Midstream (MMP) Announces $300M Pipeline Expansion
by Zacks Equity Research
Magellan Midstream (MMP) intends to expand its refined petroleum products pipeline system's western leg capacity by 50,000 BPD.
These Top-Ranked Oil Stocks are Heating Up
by David Borun
U.S. oil producers and service companies are thriving in a higher oil-price environment
ExxonMobil to Increase Refined Products Deliveries in Mexico
by Zacks Equity Research
ExxonMobil's (XOM) decision to expand south into Puebla and further west into Coahuila will grant the company access to Mexico City and Monterrey areas.
XOM vs. CVX: Which Oil Supermajor Can Get Out of Hold Zone?
by Nilanjan Choudhury
Chevron's (CVX) attractive production growth profile, Australian LNG projects and crude leverage tilts the balance in its favor.
Is it Time for Repsol (REPYY) to Bid Goodbye to Oil Growth?
by Zacks Equity Research
Repsol (REPYY) is likely to keep its current production level stable for the time being while making a major move toward clean energy.