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energy: Archive

Zacks Equity Research

Transocean's (RIG) Deepwater Aquila Begins Work Offshore Brazil

Transocean's (RIG) newbuild ultra-deepwater drillship begins its first assignment for Petrobras, offshore Brazil, at a day rate of $448,000.

RIGNegative Net Change PBRPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Pembina (PBR) Signs Deal to Acquire 50% Stake in Whitecap

Pembina's (PBA) venture entity, Pembina Gas Infrastructure, signs a deal to buy 50% of Whitecap's Kaybob complex for C$252M, securing long-term agreements for infrastructure and future growth.

SUNPositive Net Change SMPositive Net Change PBAPositive Net Change CTRAPositive Net Change

Zacks Equity Research

Implied Volatility Surging for Brookfield Renewable (BEP) Stock Options

Investors need to pay close attention to Brookfield Renewable (BEP) Stock stock based on the movements in the options market lately.

BEPNegative Net Change

Nilanjan Choudhury

3 Broker-Recommended Stocks That Energy Investors Must Track

Considering the unpredictability and volatility of the energy space, we advise focusing on broker-favored stocks like Halliburton (HAL), Valero Energy (VLO) and Targa Resources (TRGP).

HALPositive Net Change VLOPositive Net Change TRGPPositive Net Change

Aparajita Dutta

Enphase (ENPH) Unveils Solargraf in Netherlands: To Hold or Fold?

Enphase's (ENPH) recent launch of Solargraf software should boost its long-term prospects. However, lingering industry challenges might continue to adversely impact its near-term performance.

SOLNo Net Change CSIQPositive Net Change ENPHNegative Net Change SEDGPositive Net Change

Zacks Equity Research

California Resources (CRC) Concludes Merger With Aera Energy

California Resources (CRC) expects capital expenditure to be in the $170-$210 million range for the combined entity and net daily production in the band of 140-146 mboe per day for second-half 2024.

SUNPositive Net Change SMPositive Net Change CRCPositive Net Change HESMNegative Net Change

Zacks Equity Research

Baker Hughes (BKR) Expands Partnership With Service Agreement

Baker Hughes (BKR) is set to supply spare parts, field services, equipment refurbishment and digital performance services for Woodside Energy's turbomachinery maintenance and upgrades.

SUNPositive Net Change BKRPositive Net Change GPRKPositive Net Change CTRAPositive Net Change

Zacks Equity Research

Eni (E) Targets Raising 4B Euros From Upstream Asset Sales

Eni (E) aims to raise more than 4 billion euros from global upstream asset sales, part of a broader 8 billion euros disposal plan to support its shift toward sustainable energy.

EPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Southern's (SO) Division Signs Landmark UESC With U.S. Army

Southern's (SO) unit, Georgia Power, signs a $72 million contract with Fort Eisenhower that enhances energy efficiency, reduces emissions and will cut costs by $6 million annually.

SOPositive Net Change ATOPositive Net Change CWTPositive Net Change PRMWPositive Net Change

Zacks Equity Research

Alphabet (GOOGL) Boosts Zero Carbon Efforts With New Green Power

Alphabet (GOOGL) buys a stake in a Taiwan-based solar power firm, namely New Green Power, to reduce its carbon footprint in the Asia-Pacific region.

AMZNNegative Net Change MSFTNegative Net Change LRCXNegative Net Change GOOGLPositive Net Change

Zacks Equity Research

Northern Oil (NOG) Expands With Uinta Basin Acquisition

By expanding its footprint in the Uinta Basin, Northern Oil and Gas (NOG) continues to solidify its status as a premier non-operated oil and gas company, poised for long-term success.

SUNPositive Net Change SMPositive Net Change NOGPositive Net Change PUMPPositive Net Change

Zacks Equity Research

Repsol (REPYY) and NEO Energy Discuss North Sea Business Merger

Repsol (REPYY) and NEO Energy are yet to provide an update on their potential merger. However, as per sources, both parties are engaged in extensive discussions and may make an announcement soon.

SMPositive Net Change REPYYPositive Net Change AROCNegative Net Change HESMNegative Net Change

Zacks Equity Research

Equinor (EQNR) Extends North Sea Contract With Archer for 24 Months

Equinor (EQNR) has extended its contract with Archer for an additional two years, valued at $60 million, to provide vital services in the North Sea.

SUNPositive Net Change SMPositive Net Change AROCNegative Net Change EQNRPositive Net Change

Zacks Equity Research

Chevron (CVX) Confirms Exploration Rig Deployment in Namibia

Chevron (CVX) confirms its choice of a drilling rig for an upcoming exploration well in Namibia's Orange Basin, planned to start in the fourth quarter of 2024, near the Venus oil and gas discovery.

CVXPositive Net Change SMPositive Net Change AROCNegative Net Change TTEPositive Net Change

Zacks Equity Research

Petrobras (PBR) Puts Off the Barracuda-Caratinga FPSO Tender

Petrobras (PBR) delays the Barracuda-Caratinga FPSO tender for the second time due to difficulty in attracting floater companies for its Campos basin project.

PBRPositive Net Change SUNPositive Net Change SMPositive Net Change AROCNegative Net Change

Zacks Equity Research

Baker Hughes (BKR) Launches 3 New Hydrogen Measurement Solutions

Baker Hughes (BKR) launches three state-of-the-art sensor technologies designed for accurate gas, flow, and moisture measurement, revolutionizing safety and efficiency in hydrogen applications.

SUNPositive Net Change SMPositive Net Change BKRPositive Net Change AROCNegative Net Change

Zacks Equity Research

SLB Secures Contract for All-Electric Subsea Project in Norway

Per the agreement, SLB will oversee the FEED for a 12-well, all-electric subsea production system project located in the Fram Sor field, offshore Norway.

SLBPositive Net Change GPRKPositive Net Change AROCNegative Net Change EQNRPositive Net Change

Zacks Equity Research

Eni (E) Signs Deal to Divest Alaska Offshore Assets to Hilcorp

The divestment is part of Eni's (E) broader strategy to generate a net portfolio inflow of 8 billion euros between 2024 and 2027.

EPositive Net Change SMPositive Net Change GPRKPositive Net Change AROCNegative Net Change

Zacks Equity Research

Generac (GNRC) Boosts BESS Portfolio With PowerPlay Buyout

With the acquisition of PowerPlay Battery Energy Storage Systems, a unit of SunGrid Solutions Inc., Generac (GNRC) aims to expand its energy technology offerings for C&I projects.

NVDANegative Net Change SIMONegative Net Change GNRCNegative Net Change ANETNegative Net Change

Zacks Equity Research

Oceaneering (OII) Secures Multiple Offshore Vessel Contracts

Oceaneering's (OII) Offshore Projects Group segment secures multiple contracts for vessel services in the Gulf of Mexico, boosting fleet utilization with IMR, installation and advanced subsea tech.

SUNPositive Net Change SMPositive Net Change OIINegative Net Change AROCNegative Net Change

Nilanjan Choudhury

A Case for Tracking These 3 Refining & Marketing Stocks

Following a careful analysis of the Zacks Oil and Gas - Refining & Marketing industry, we advise focusing on companies like VLO, MUSA and PBF.

VLOPositive Net Change MUSAPositive Net Change PBFPositive Net Change

Nilanjan Choudhury

US. LNG Export Market Hurdles Should Not Bother Investors

The U.S. LNG sector remains a cornerstone of the global energy landscape. Investors can tap into this market by focusing on companies like Cheniere Energy, Shell and Chevron.

CVXPositive Net Change LNGPositive Net Change NEXTPositive Net Change SHELPositive Net Change

Zacks Equity Research

Phillips 66 (PSX) Ramps Up Production of Renewable Fuels

Phillips 66's (PSX) Rodeo refinery in California uses lower carbon intensity feedstocks, which are processed via new pre-treatment units to convert them into renewable fuels.

SMPositive Net Change PSXPositive Net Change AROCNegative Net Change HESMNegative Net Change

Zacks Equity Research

ExxonMobil's (XOM) Hammerhead Project Fuels Guyanese Production

ExxonMobil (XOM) is currently producing around 650,000 barrels per day of oil from Guyana, and the Hammerhead FPSO is expected to ramp up the production to 1.5 million barrels per day.

XOMPositive Net Change SMPositive Net Change AROCNegative Net Change HESMNegative Net Change

Zacks Equity Research

Equinor's (EQNR) Argentina Offshore Drilling Hits Dry Well

Equinor's (EQNR) first offshore exploration well in Argentina's North Argentine Basin shows no sign of oil or gas, marking a setback for the local oil industry.

SUNPositive Net Change YPFPositive Net Change EQNRPositive Net Change SHELPositive Net Change