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energy: Archive

Zacks Equity Research

Subsea7 (SUBCY) Secures Talos' Sunspear Development Contract

Subsea7 (SUBCY) will be responsible for the installation of the flowline and associated subsea equipment for the Sunspear development project in the Gulf of Mexico region.

SUBCYNegative Net Change AROCNegative Net Change HESMNegative Net Change TALONegative Net Change

Zacks Equity Research

What's in the Offing for Liberty Energy (LBRT) in Q1 Earnings?

Liberty Energy (LBRT) is likely to report lower revenues from the prior-year quarter's level due to a weak global macroeconomic environment. However, it is expected to record an improved bottom line due to cost cuts in the first quarter of 2024.

HALNegative Net Change MROPositive Net Change PBFPositive Net Change LBRTNegative Net Change

Zacks Equity Research

SLB to Report Q1 Earnings: What's in the Offing?

Despite its strong foothold in lucrative international markets, SLB's Q1 performance is likely to have been affected by declining oil prices and geopolitical tensions.

SLBNegative Net Change HALNegative Net Change MROPositive Net Change PBFPositive Net Change

Zacks Equity Research

Eni (E) Plans Stake Sales in Biofuel, Bioplastic Units

Eni (E) aims to drive sustainability by offloading stakes in biofuel and bioplastic units, totaling approximately 1.3 billion euros, thereby accelerating its sustainable energy transition plan.

ENegative Net Change SUNNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Zacks Equity Research

TechnipFMC (FTI) Secures Contract in Guyana's Stabroek Block

TechnipFMC (FTI) secures a $500 million-$1 billion contract from ExxonMobil for Guyana's Whiptail project, to supply subsea systems and reinforce partnership growth.

XOMNegative Net Change FTINegative Net Change MUSAPositive Net Change AROCNegative Net Change

Zacks Equity Research

Marathon's (MPC) Stock Is Soaring, But Is It Time to Buy?

The recent rise in oil prices has played a key role in Marathon Petroleum's (MPC) surge.

SMNegative Net Change MUSAPositive Net Change MPCPositive Net Change GLPNegative Net Change

Zacks Equity Research

EnQuest (ENQUF) Plans Major Oil Drilling Amid Green Backlash

EnQuest (ENQUF) intends to bring two fields, namely Bressay and Bentley, onstream. These fields are located close to the Kraken oil and gas fields.

SMNegative Net Change AROCNegative Net Change ENQUFNo Net Change HESMNegative Net Change

Zacks Equity Research

Kinder Morgan (KMI) to Report Q1 Earnings: What to Expect?

The softening of oil and gas prices is likely to have affected the demand for Kinder Morgan's (KMI) midstream services in the first quarter.

HALNegative Net Change MROPositive Net Change KMINegative Net Change PBFPositive Net Change

Nilanjan Choudhury

Investors' Guide to Targa Resources' (TRGP) Dividend Hike

Targa Resources' (TRGP) current dividend yield of 2.6% might not be the best going around, but it is well ahead of the S&P 500's 1.3% and is well protected with a payout ratio of 52.

PSXNegative Net Change TRGPNegative Net Change MGYNegative Net Change HPKNegative Net Change

Nilanjan Choudhury

Natural Gas Prices Drop as Market Continues to See Pessimism

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

CHKPositive Net Change EQTNegative Net Change LNGNegative Net Change CTRANegative Net Change

Zacks Equity Research

ExxonMobil (XOM) Advances $12.7B Whiptail Project Offshore Guyana

ExxonMobil (XOM) plans to invest $12.7 billion in Guyana's oil sector, aiming for economic growth and targeting more than 11 billion barrels of oil equivalent, with six FPSOs slated for deployment by 2027.

XOMNegative Net Change SUNNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Zacks Equity Research

Is PONPX a Strong Bond Fund Right Now?

MF Bond Report for PONPX

PONPXNegative Net Change

Nilanjan Choudhury

3 Top-Ranked Value Stocks to Buy From the Energy Space

SM, GLP and MUSA are three energy stocks that look undervalued and should have a nice amount of upside if they are able to reach or exceed earnings expectations.

SMNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Zacks Equity Research

BP Considered for Takeover by ADNOC but Deemed Unsuitable

BP struggles to keep pace with its competitors, a factor that analysts and investors point to as a significant reason behind its vulnerability to takeovers.

BPNegative Net Change SMNegative Net Change GLPNegative Net Change ERFPositive Net Change

Zacks Equity Research

Cenovus Energy (CVE) Invests $1.5B in Ohio Refineries' Growth

Cenovus Energy (CVE) announces a massive $1.5B investment to expand its Toledo and Lima refineries in Ohio, with plans to add 115 jobs and expand its U.S. headquarters.

SUNNegative Net Change CVENegative Net Change MUSAPositive Net Change GLPNegative Net Change

Zacks Equity Research

Global Partners (GLP) Acquires Gulf Oil Terminals Worth $212M

Global Partners (GLP) acquires four liquid energy terminals, which boast a combined shell capacity of 3 million barrels, thus strengthening the company???s position in the energy markets of the Northeast United States.

SMNegative Net Change GLPNegative Net Change AROCNegative Net Change HESMNegative Net Change

Zacks Equity Research

Petrobras (PBR) Discovers Oil in Brazil's Potiguar Basin

Petrobras (PBR) leverages advanced technology to discover oil in Brazil's unexplored Potiguar Basin, marking a new frontier for the company.

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

Zacks Equity Research

GeoPark (GPRK) Inks $200M Deal to Enhance Latin America Presence

Upon closing, this acquisition promises to contribute more than 5,000 barrels of oil equivalent per day to GeoPark Limited's (GPRK) production portfolio.

SMNegative Net Change MUSAPositive Net Change GLPNegative Net Change GPRKNegative Net Change

Zacks Equity Research

Eni (E) Plenitude Starts Building Renopool Solar Park in Spain

The Renopool solar park is the key to achieving Eni's (E) sustainability goals, showcasing its dedication to global sustainable energy innovation.

CVXNegative Net Change XOMNegative Net Change ENegative Net Change

Zacks Equity Research

Chevron (CVX) Exits Yadana Natural Gas Field in Myanmar

Chevron (CVX) withdraws from Myanmar's Yadana natural gas field, redistributing its stake to PTTEP and MOGE amid human rights concerns.

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

Zacks Equity Research

Pembina (PBA) Discloses New Developments on Cedar LNG Project

Pembina Pipeline (PBA) provides updates regarding a significant cost increase for Canada???s Cedar LNG project. The cost for the FLNG facility is now estimated at C$4.61 billion.

AETUFNegative Net Change BKRNegative Net Change PBAPositive Net Change

Zacks Equity Research

Enterprise (EPD) Receives Deepwater Port License for SPOT Project

Enterprise (EPD) secures U.S. approval for the Sea Port Oil Terminal, set to load 2 million barrels per day of crude oil, enhancing Texas' energy infrastructure.

EPDNegative Net Change SUNNegative Net Change MUSAPositive Net Change GLPNegative Net Change

Nilanjan Choudhury

Oil & Gas Stock Roundup: ExxonMobil's Q1 Update & SLB's Acquisition in Focus

XOM, SLB, CHK, SBOW and BKR emerge as the energy headline makers during the week.

XOMNegative Net Change CHKPositive Net Change SLBNegative Net Change BKRNegative Net Change SBOWPositive Net Change

Zacks Equity Research

Here's Why You Should Purchase Valero (VLO) Stock Right Now

Valero's (VLO) refining system achieves a remarkable 97.4% mechanical availability in 2023, setting a record for the company.

VLOPositive Net Change SMNegative Net Change GLPNegative Net Change ERFPositive Net Change

Zacks Equity Research

Shell (SHEL) and Exxon (XOM) Seek Compensation Over Groningen

Shell (SHEL) and Exxon (XOM)-operated Groningen gas field ceases production following years of output cut. This development aims to limit seismic activity related to gas extraction.

XOMNegative Net Change AROCNegative Net Change HESMNegative Net Change SHELNegative Net Change