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energy: Archive

Nilanjan Choudhury

Warm Winter, Elevated Storage Continue to Affect Natural Gas

The natural gas space is currently quite unpredictable and spooked by sudden changes in weather and production patterns. We advise focusing on fundamentally solid companies such as CTRA and LNG.

CHKPositive Net Change EQTNegative Net Change LNGPositive Net Change CTRANo Net Change

Zacks Equity Research

Chevron (CVX) Resumes Drilling Operations in Venezuela

Chevron (CVX) restarts drilling in Venezuela's Orinoco Belt to boost crude production amid the U.S. sanctions threat, aiming for a 35% increase in production by 2025.

CVXPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Equinor (EQNR) & Polenergia Transform Baltyk 1 With RockWave

Equinor (EQNR) and Polenergia entrust RockWave to optimize subsurface data, a key step toward a greener future in the Baltic Sea.

SUNNegative Net Change MUSANegative Net Change ETPositive Net Change EQNRNegative Net Change

Zacks Equity Research

NOV's Telescopic Leg Crane Sets Novel Industry Standard

NOV???s (NOV) telescopic leg crane receives dual recognition at the Offshore Support Journal Industry Gala Dinner & Awards and the Maritime Awards Gala.

NOVNegative Net Change ETPositive Net Change AROCNegative Net Change HBRIYNo Net Change

Zacks Equity Research

ExxonMobil (XOM), Shell Partner With Singapore for CCS Project

The collaboration between ExxonMobil (XOM), Shell and the Singapore government is part of a broader strategy to develop a portfolio of decarbonization measures.

XOMPositive Net Change VALNegative Net Change RESNegative Net Change SHELPositive Net Change

Zacks Equity Research

Can VAALCO (EGY) Deliver Strong Q4 Earnings Performance?

While lower commodity prices are likely to have hurt VAALCO Energy's (EGY) Q4 bottom line, an impressive production profile might somewhat aid results.

DLTRNegative Net Change EGYPositive Net Change OCULPositive Net Change OPALNo Net Change

Zacks Equity Research

Zacks Industry Outlook Highlights Exxon Mobil, Shell, BP and Eni

Exxon Mobil, Shell, BP and Eni have been highlighted in this Industry Outlook article.

BPPositive Net Change XOMPositive Net Change EPositive Net Change SHELPositive Net Change

Derek Lewis

Insiders Are Buying These 5 Stocks

Many investors closely monitor insider buys, as they can provide insight into the longer-term picture. And recently, insiders of these five companies have made splashes.

DPositive Net Change ENPHNegative Net Change AMHNegative Net Change CVNAPositive Net Change KDPNegative Net Change

Zacks Equity Research

Enbridge (ENB) Upbeat on Mainline, Aims Full Capacity by 2026

Enbridge (ENB) also secures a tolling agreement for the Mainline, effective until 2028.

VALNegative Net Change ENBPositive Net Change MUSANegative Net Change ETPositive Net Change

Zacks Equity Research

Hess' (HES) Guyana Oil Assets Spark Major Energy Sector Dispute

As the battle unfolds, Hess (HES) stands to pay a significant break-up fee of $1.7 billion to Chevron if the deal collapses.

CVXPositive Net Change XOMPositive Net Change RESNegative Net Change

Zacks Equity Research

ExxonMobil (XOM) Expects Q2 Closure for $59.5B Pioneer Deal

ExxonMobil (XOM) stands firm on its Q2 completion goal for the $59.5B Pioneer acquisition despite navigating through the FTC's extensive review process.

XOMPositive Net Change PXDPositive Net Change SUNNegative Net Change MUSANegative Net Change

Zacks Equity Research

Cenovus Energy (CVE) Voices Concern Over Carbon Capture Aid

Cenovus Energy (CVE) criticizes the Canadian government for providing limited support to a C$16.5B carbon capture initiative, urging more financial backing and clarity.

SUNNegative Net Change CVEPositive Net Change MUSANegative Net Change ETPositive Net Change

Zacks Equity Research

Diamond Offshore (DO) Secures Additional Backlog Worth $350M

Diamond Offshore (DO) wins a two-year contract extension with a subsidiary of BP plc in the U.S. Gulf of Mexico, representing $350 million of additional backlog.

BPPositive Net Change DOPositive Net Change ETPositive Net Change AROCNegative Net Change

Debapriya Bhowal

W&T Offshore (WTI) Q4 Earnings Lag Estimates on Lower Prices

W&T Offshore's (WTI) Q4 earnings lag estimates, owing to significantly lower realized prices and declining production volumes.

WTINegative Net Change ETPositive Net Change AROCNegative Net Change HBRIYNo Net Change

Zacks Equity Research

Chevron (CVX) Joins Forces With Challenger for Offshore Uruguay Block

Chevron (CVX) plans to acquire interest in the AREA OFF-1 block, offshore Uruguay, from Challenger Energy and its subsidiary CEG Uruguay SA.

CVXPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Nilanjan Choudhury

Oil & Gas Stock Roundup: Chevron's Green Initiative, Exxon's Asset Sale & More

CVX, XOM, EC, AESI and SHEL emerge as the energy headline makers during the week.

CVXPositive Net Change XOMPositive Net Change ECPositive Net Change SHELPositive Net Change AESINegative Net Change

Nilanjan Choudhury

Oil Closing in on $80 as EIA Reports Bullish Inventory Data

We remain optimistic about near-term prices for crude and advise investors to buy stocks like VAL, MUSA and SUN.

VALNegative Net Change SUNNegative Net Change MUSANegative Net Change

Zacks Equity Research

ExxonMobil (XOM) Nears Deal to Sell Adriatic LNG Stake to Vitol

The divestiture aligns with ExxonMobil's (XOM) broader strategy to offload non-core assets to streamline operations and focus on its most lucrative ventures.

XOMPositive Net Change VALNegative Net Change MUSANegative Net Change ETPositive Net Change

Zacks Equity Research

Itron (ITRI) Augments Portfolio With Elpis Squared Buyout

With the acquisition of Elpis Squared, Itron (ITRI) expands its Grid Edge Intelligence portfolio to enhance the energy transition with grid planning, operations and engineering.

ITRINegative Net Change NVDAPositive Net Change IDCCPositive Net Change UIPositive Net Change

Zacks Equity Research

Helix (HLX) Wins Gulf of Mexico Decommissioning Contract

Helix Energy (HLX) secures a five-year contract to provide decommissioning services to Talos (TALO) for the latter???s offshore wells and infrastructure in the Gulf of Mexico Shelf.

ETPositive Net Change HLXNegative Net Change AROCNegative Net Change TALOPositive Net Change

Nilanjan Choudhury

What OPEC's Extended Production Cuts Mean for Oil Markets

With OPEC's latest cut putting a floor under oil prices, there is a significant opportunity for investors who are willing. We suggest buying stocks like VAL, MUSA and SUN.

VALNegative Net Change SUNNegative Net Change MUSANegative Net Change

Zacks Equity Research

Cenovus Energy (CVE) Maps Out an Ambitious 5-Year Expansion Plan

Cenovus Energy (CVE) sets the stage for a major production leap of 19% over the next five years, eyeing 950K boe/day by 2029.

SUNNegative Net Change CVEPositive Net Change MUSANegative Net Change ETPositive Net Change

Zacks Equity Research

Oceaneering (OII) Finishes Its First ROV Piloting in Brazil

Oceaneering (OII) achieves remote operations milestone with the first onshore ROV piloting in Brazil for Petrobras.

PBRPositive Net Change OIINegative Net Change MUSANegative Net Change ETPositive Net Change

Zacks Equity Research

Equinor (EQNR) Sparks Green Revolution With HLNG Electrification

Equinor (EQNR) gears up for electrifying Hammerfest LNG in an $18M pact, marking a significant leap in Norway's journey toward cleaner energy and a low-emission future (by 2028).

SUNNegative Net Change MUSANegative Net Change ETPositive Net Change EQNRNegative Net Change

Zacks Equity Research

ExxonMobil (XOM) to Extend Exploration Activities in Suriname

ExxonMobil (XOM) commits to further exploring the Sloanea-1 discovery in the hopes of developing a commercial gas field in Block 52.

XOMPositive Net Change VALNegative Net Change MUSANegative Net Change ETPositive Net Change