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Zacks Equity Research

Here's Why Hold Strategy is Apt for Baker Hughes' (BKR) Stock

Baker Hughes (BKR) maintains a strong balance sheet with a net debt-to-adjusted EBITDA ratio of 0.9X and a total liquidity of $5.6 billion as of the end of 2023.

SMNegative Net Change GLPNegative Net Change ERFPositive Net Change BKRNegative Net Change

Zacks Equity Research

Here's Why Hold Strategy is Apt for Enbridge (ENB) Stock Now

Enbridge (ENB) marks its 29th consecutive year of dividend increases, announcing a 3.1% rise in its quarterly dividend to 91.50 cents per share.

SMNegative Net Change ENBPositive Net Change GLPNegative Net Change ERFPositive Net Change

Zacks Equity Research

SLB Q1 Earnings Beat Estimates, Revenues Rise Year Over Year

SLB's Q1 earnings gain from robust international market activity and significant revenue growth on the back of Aker subsea venture.

SLBNegative Net Change SMNegative Net Change MUSAPositive Net Change ERFPositive Net Change

Zacks Equity Research

SilverBow's (SBOW) Buyout Proposal Withdrawn by Kimmeridge

SilverBow's (SBOW) board of directors has neither provided any clear valuation details nor divulged the terms under which it would be willing to engage in a transaction with Kimmeridge.

SMNegative Net Change AROCNegative Net Change HESMNegative Net Change SBOWPositive Net Change

Zacks Equity Research

BP Extends Petrofac's (POFCY) Contract for North Sea Operations

Petrofac (POFCY) has stated that it would be rendering maintenance and engineering services to BP???s (BP) oil and gas assets in the U.K. North Sea.

BPNegative Net Change SMNegative Net Change AROCNegative Net Change POFCYNo Net Change

Nilanjan Choudhury

5 Top-Ranked Relative Price Strength Stocks for Your Basket

GCT, MUSA, HCI, KALU and BSIG are five stocks with explosive relative price strength.

MUSAPositive Net Change KALUPositive Net Change HCINegative Net Change BSIGPositive Net Change GCTPositive Net Change

Zacks Equity Research

Petrobras (PBR) Sells Two Campos Basin Fields to Perenco

Petrobras (PBR) sells Cherne and Bagre fields to Perenco for $10 million, aiming to refocus investments on strategic assets and decarbonization.

PBRNegative Net Change SUNNegative Net Change MUSAPositive Net Change AROCNegative Net Change

Zacks Equity Research

Petrobras' (PBR) Buzios Field Achieves Production Milestone

Petrobras (PBR)-operated Buzios oil field has reportedly produced 1 billion barrels of oil by the end of March this year. With new production systems, PBR expects this figure to grow even further.

PBRNegative Net Change SMNegative Net Change AROCNegative Net Change HESMNegative Net Change

Zacks Equity Research

Liberty Energy (LBRT) Q1 Earnings and Revenues Miss Estimates

Liberty Energy (LBRT) expects low double-digit sequential revenue growth in the second quarter, owing to stable pricing, increased efficiency and strong cash flow generation through 2024.

SUNNegative Net Change MUSAPositive Net Change AROCNegative Net Change LBRTNegative Net Change

Zacks Equity Research

Kinder Morgan (KMI) Beats on Q1 Earnings, Hikes Dividend

Kinder Morgan's (KMI) Q1 earnings gain from increased financial contributions from the Natural Gas Pipelines, Products Pipelines and Terminals business segments.

CLBPositive Net Change SMNegative Net Change KMINegative Net Change ERFPositive Net Change

Zacks Equity Research

Sunoco (SUN) Proceeds With Strategic Portfolio Optimization

Despite the significant structural changes, Sunoco (SUN) maintains its financial outlook for 2024. The company projects 2024 adjusted EBITDA between $975 million and $1 billion.

CLBPositive Net Change NSPositive Net Change SUNNegative Net Change ERFPositive Net Change

Andrew Rocco

Underappreciated Industry Benefits from AI Buildout

Picking winners in a hot industry like AI can be challenging as the competition is fierce. Nevertheless, the one constant is that the proliferation of AI will require a plethora of new energy production.

NRGNegative Net Change MSFTNegative Net Change CEGNegative Net Change NVDANegative Net Change WGOPositive Net Change GOOGLPositive Net Change VSTNegative Net Change

Zacks Equity Research

Baker Hughes (BKR) to Report Q1 Earnings: What to Expect?

Baker Hughes' (BKR) Q1 earnings are likely to have been affected by declining oil prices and geopolitical tensions, despite increasing demand for clean energy.

HALNegative Net Change MPCPositive Net Change PBFPositive Net Change BKRNegative Net Change

Zacks Equity Research

Equinor (EQNR) Extends Waste Management Contract With Soiltech

Equinor (EQNR) extends partnership with Soiltech for two years to provide innovative waste management solutions in the North Sea, thereby advancing sustainability.

SUNNegative Net Change MUSAPositive Net Change GLPNegative Net Change EQNRNegative Net Change

Nilanjan Choudhury

U.S. to Reimpose Sanctions on Venezuela: What This Means

U.S. companies operating in Venezuela. such as Chevron (CVX), may face challenges due to the reinstated sanctions.

CVXNegative Net Change SMNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Yashwardhan Jain

Energy ETF (FENY) Hits New 52-Week High

This Energy ETF hits a new 52-week high. Are more gains in store for this ETF?

FENYNegative Net Change

Zacks Equity Research

Can Halliburton (HAL) Pull Off a Strong Show in Q1 Earnings?

Strength in the Drilling & Evaluation segment is likely to have boosted Halliburton Company's (HAL) profit levels in the first quarter.

HALNegative Net Change VLOPositive Net Change MPCPositive Net Change FANGNegative Net Change

Nilanjan Choudhury

Shell & BP's Q1 Updates Lead Oil & Gas Stock Roundup

SHEL, BP, XOM, PBR and CVX emerge as the energy headline makers during the week.

BPNegative Net Change CVXNegative Net Change XOMNegative Net Change PBRNegative Net Change SHELNegative Net Change

Zacks Equity Research

Saipem (SAPMF) Proceeds With Whiptail Oilfield Project in Guyana

Saipem (SAPMF) receives the authorization to advance with the development of Whiptail, after receiving final approval from the clients and all necessary regulatory clearances.

XOMNegative Net Change SMNegative Net Change AROCNegative Net Change SAPMFNo Net Change

Zacks Equity Research

BP's New Offshore Platform in Azerbaijan Goes Operational

BP commences oil production from the Azeri Central East platform, aiming to enhance oil production in the Caspian Sea, thereby promising economic growth.

BPNegative Net Change SUNNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Zacks Equity Research

Chevron (CVX) Creates $500M Fund to Invest in Clean Energy

Chevron's (CVX) venture arm, Chevron Technology Ventures, launches its Future Energy Fund III, to invest $500 million in renewable energy technologies.

CVXNegative Net Change SUNNegative Net Change MUSAPositive Net Change AROCNegative Net Change

Zacks Equity Research

TC Energy's (TRP) Natural Gas Pipeline Catches Fire in Alberta

TC Energy's (TRP) NGTL natural gas pipeline system experiences an explosion near Edson, Alberta. The incident triggers emergency response and regulatory oversight.

SUNNegative Net Change MUSAPositive Net Change TRPPositive Net Change AROCNegative Net Change

Neena Mishra

Can Oil & Energy ETFs Continue to Soar?

Rising geopolitical tensions, and demand-supply imbalances have fueled a surge in crude prices

CVXNegative Net Change XOMNegative Net Change COPNegative Net Change MROPositive Net Change SPYNegative Net Change XLENegative Net Change USONegative Net Change XOPNegative Net Change

Zacks Equity Research

EQT Corp (EQT) to Divest Pennsylvania Natural Gas Assets

The latest transaction is part of EQT Corp's (EQT) broader strategy to optimize its asset portfolio and strengthen its financial position.

EQTNegative Net Change SMNegative Net Change MPLXNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Shell (SHEL) Collaborates With Seatrium to Enhance FPS Technology

Shell (SHEL) and Seatrium plan to leverage their extensive experience and knowledge garnered from previous FPS-related projects to refine and enhance the benefits of replication.

SMNegative Net Change AROCNegative Net Change HESMNegative Net Change SHELNegative Net Change