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energy: Archive

Nilanjan Choudhury

This is How OPEC's Supply Cut Decision Impacts Oil Market

With an extended production cut by OPEC+ expected to gradually tighten supply, we believe this is an opportune time to buy stocks like SM, SUN and PUMP.

SUNPositive Net Change SMNegative Net Change PUMPPositive Net Change

Nilanjan Choudhury

Natural Gas Up 30% in May: What Does the Future Look Like?

With natural gas price action remaining positive but volatile, we recommend investors hold onto companies with strong fundamentals, such as CTRA and LNG.

CHKPositive Net Change EQTNegative Net Change LNGNegative Net Change CTRAPositive Net Change

Zacks Equity Research

Equinor (EQNR) Teams Up With Seeq for Digital Transformation

Per the agreement, Equinor (EQNR) will integrate Seeq's Industrial Analytics and AI platform to optimize its engineering processes and maximize production.

SMNegative Net Change ECPositive Net Change USACNegative Net Change EQNRPositive Net Change

Zacks Equity Research

Chord (CHRD) Updates 2024 Outlook After Enerplus Acquisition

Chord's (CHRD) merger with Enerplus is expected to create a leading operator within the Williston Basin, boasting a significantly low-cost inventory and a sound financial position.

SUNPositive Net Change AROCNegative Net Change HESMNegative Net Change CHRDPositive Net Change

Zacks Equity Research

Saipem (SAPMF) Expands Fleet With New JSD6000 Heavy Lift Vessel

Saipem (SAPMF) is set to enhance its offshore capabilities with the new JSD6000 vessel, boasting a 5,200-ton lift capacity and advanced pipeline laying technology. The vessel is set for delivery by China's ZPMC in June.

SUNPositive Net Change SMNegative Net Change MPCPositive Net Change SAPMFPositive Net Change

Sanghamitra Saha

Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

USONegative Net Change DBONegative Net Change USLNegative Net Change BNONegative Net Change OILKNegative Net Change

Zacks Equity Research

Chevron's (CVX) Gorgon LNG Plant Restarts Full Operations

Chevron Corporation's (CVX) subsidiary Chevron Australia brings back full production at the Gorgon liquefied natural gas (LNG) terminal after a month-long outage in Western Australia.

CVXPositive Net Change XOMPositive Net Change AROCNegative Net Change SHELNegative Net Change

Zacks Equity Research

Is TAIAX a Strong Bond Fund Right Now?

MF Bond Report for TAIAX

TAIAXNegative Net Change

Zacks Equity Research

Is FEMDX a Strong Bond Fund Right Now?

MF Bond Report for FEMDX

FEMDXPositive Net Change

Zacks Equity Research

Is TAIFX a Strong Bond Fund Right Now?

MF Bond Report for TAIFX

TAIFXPositive Net Change

Zacks Equity Research

Hess (HES) Shareholders Approve Chevron Deal Amid Arbitration

Hess (HES) shareholders approve a $53 billion merger with Chevron despite the ongoing legal dispute over Guyana's Stabroek block assets.

CVXPositive Net Change SMNegative Net Change MPCPositive Net Change

Zacks Equity Research

Tellurian (TELL) Advances Driftwood LNG Project With Aethon Deal

Tellurian (TELL) announces the sale of its upstream assets to Aethon Energy Management for $260 million, allowing the retirement of its senior secured notes and strengthening its balance sheet.

SUNPositive Net Change AROCNegative Net Change HESMNegative Net Change TELLPositive Net Change

Zacks Equity Research

Shell (SHEL) to Cut Offshore Wind Jobs & Renew Focus on Oil & Gas

Shell (SHEL) aims to focus on its most profitable ventures, which include fossil fuels, and move away from the costly renewable sector to drive increased shareholder value.

SUNPositive Net Change AROCNegative Net Change HESMNegative Net Change SHELNegative Net Change

Zacks Equity Research

Chevron (CVX) Nears Deal With Sonatrach to Boost Gas Output

Chevron (CVX) and Sonatrach are set to finalize a deal to enhance Algeria's natural gas output. This partnership aims to diversify Europe's gas supply amid geopolitical shifts.

CVXPositive Net Change XOMPositive Net Change SUNPositive Net Change AROCNegative Net Change

Nilanjan Choudhury

3 Stocks in the Canadian Upstream Industry Worth Some Thought

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and OBE.

CNQPositive Net Change OBENegative Net Change OVVPositive Net Change

Zacks Equity Research

Is SDSYX a Strong Bond Fund Right Now?

MF Bond Report for SDSYX

SDSYXNo Net Change

Zacks Equity Research

Is BHYSX a Strong Bond Fund Right Now?

MF Bond Report for BHYSX

BHYSXPositive Net Change

Zacks Equity Research

Is BCOSX a Strong Bond Fund Right Now?

MF Bond Report for BCOSX

BCOSXNegative Net Change

Zacks Equity Research

Is PRSNX a Strong Bond Fund Right Now?

MF Bond Report for PRSNX

PRSNXNo Net Change

Sweta Killa

ConocoPhillips to Buy Marathon Oil: Energy ETFs to Gain

Amid the ongoing wave of consolidation in the U.S. oil and gas industry, ConocoPhillips (COP) has agreed to acquire Marathon Oil (MRO) in an all-stock deal worth $22.5 billion, including $5.4 billion in debt.

COPPositive Net Change MROPositive Net Change XLEPositive Net Change IEOPositive Net Change IYEPositive Net Change FTXNPositive Net Change WEEIPositive Net Change

Zacks Equity Research

Petrobras (PBR) Inks $1.25 Billion Buzios 9 Deal With Subsea 7

Petrobras (PBR) awards Subsea 7 a $1.25 billion contract to develop the B??zios 9 field in the Santos basin, enhancing Brazil's oil production with advanced subsea engineering.

PBRPositive Net Change SMNegative Net Change SUBCYPositive Net Change AROCNegative Net Change

Zacks Equity Research

Noble (NE) Inks Deal With Harbour for Well Intervention Work

Noble's (NE) contract with Harbour Energy (HBRIY) entails the construction of a CNS platform in the United Kingdom.

NEPositive Net Change AROCNegative Net Change HESMNegative Net Change HBRIYPositive Net Change

Zacks Equity Research

BP and NGC Secure License to Develop Cocuina-Manakin Gas Fields

BP and Trinidad's NGC receive a two-year license from the U.S. Treasury Department to develop the Cocuina-Manakin gas fields with Venezuela, marking a strategic shift in energy partnerships.

BPNegative Net Change SMNegative Net Change MPCPositive Net Change SHELNegative Net Change

Zacks Equity Research

ConocoPhillips (COP) to Buy Marathon Oil in a $22.5B Transaction

ConocoPhillips (COP) is set to acquire Marathon Oil in a $22.5 billion all-stock deal, adding more than 2 billion barrels of resources and significant cost synergies.

COPPositive Net Change MROPositive Net Change SMNegative Net Change MPCPositive Net Change

Zacks Equity Research

Is NMHYX a Strong Bond Fund Right Now?

MF Bond Report for NMHYX

NMHYXPositive Net Change