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energy: Archive

Zacks Equity Research

Atlas (AESI) to Buy Proppant Production Assets in a $450M Deal

Atlas Energy (AESI) is set to purchase proppant production assets and logistics operations from Hi-Crush Inc. to further solidify its position as a market leader in the proppant and logistics industry.

ETPositive Net Change REPYYPositive Net Change AROCPositive Net Change AESIPositive Net Change

Zacks Equity Research

Callon (CPE) Q4 Earnings Miss Estimates, Revenues Fall Y/Y

Callon's (CPE) Q4 earnings have been affected by lower realized oil equivalent prices and production volumes.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change CPEPositive Net Change

Zacks Equity Research

Shell (SHEL) Abandons Offshore Wind Project in South Korea

Shell (SHEL) agrees to sell off its 80% stake in the MunmuBaram offshore wind project to Hexicon, who had 20% ownership in the same project.

ETPositive Net Change REPYYPositive Net Change AROCPositive Net Change SHELPositive Net Change

Nilanjan Choudhury

4 Stocks to Navigate Challenges in the U.S. Upstream Industry

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on companies like FANG, CTRA, APA and MGY.

FANGPositive Net Change APAPositive Net Change MGYPositive Net Change CTRAPositive Net Change

Zacks Equity Research

Northern (NOG) Q4 Earnings and Revenues Miss Estimates

Northern (NOG) expects production in the 115,000-120,000 boe/d range for full-year 2024.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change NOGPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Eyes Guyana Stake, Aims to Oust Chevron

ExxonMobil's (XOM) assertion of a right to first refusal on any sale related to the Stabroek block sparks contention, directly challenging Chevron's deal.

CVXPositive Net Change XOMPositive Net Change MUSANegative Net Change

Zacks Equity Research

Oceaneering (OII) Q4 Earnings Lag Estimates, Revenues Beat

Oceaneering (OII) expects consolidated earnings in the $50-$60 million range for the first quarter of 2024.

OIIPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Ecopetrol (EC) Discovers New Gas Reserves in the Orca Block

Colombian energy company Ecopetrol (EC) discovers additional reserves while evaluating the size of Orca-1 discovery using the Noble Discoverer drillship.

ECPositive Net Change ETPositive Net Change AROCPositive Net Change

Zacks Equity Research

Cheniere (LNG) Q4 Earnings Decline Y/Y, Sales Beat Estimates

Cheniere (LNG) expects consolidated adjusted EBITDA in the range of $5.5-$6 billion and distributable cash flow in the band of $2.9-$3.4 billion for full-year 2024.

MUSANegative Net Change LNGPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

What to Look for in Crescent Point's (CPG) Q4 Earnings?

Lower price realizations and an upward cost trajectory are likely to have dented Crescent Point Energy's (CPG) fourth-quarter results.

BBYNegative Net Change CGENNegative Net Change CPGPositive Net Change GDRXNegative Net Change

Zacks Equity Research

Diamondback (FANG) Q4 Earnings Beat Estimates on Strong Output

For 2024, Diamondback Energy (FANG) forecasts a capital spending budget between $2.3 billion and $2.55 billion and looks to pump around 458,000-466,000 BOE/d of hydrocarbon.

COPPositive Net Change APAPositive Net Change EQTPositive Net Change FANGPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Considers Divestment of Vaca Muerta Assets

ExxonMobil's (XOM) assets in Argentina encompass stakes in seven oil and gas blocks in the Vaca Muerta region.

XOMPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Southwestern (SWN) Q4 Earnings Beat on Higher Oil Production

Higher oil production and reduction in marketing purchases aid Southwestern's (SWN) Q4 earnings.

SWNPositive Net Change ETPositive Net Change AROCPositive Net Change

Zacks Equity Research

TechnipFMC (FTI) Q4 Earnings Beat, Revenues Rise Y/Y

TechnipFMC (FTI) expects revenues for the Subsea unit and the Surface Technologies unit to be in the range of $7.2-$7.6 billion and $1.2-$1.35 billion, respectively, for full-year 2024.

FTIPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Pembina (PBA) Q4 Earnings Rise Y/Y, Sales Beat Estimates

Pembina (PBA) expects adjusted EBITDA in the C$3.73-C$4.03 billion range for full-year 2024.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change PBAPositive Net Change

Nilanjan Choudhury

Natural Gas Market Suffers Due to Excess Supply, Weak Demand

Given the uncertainties in the natural gas market, our suggestion is to focus on companies with robust fundamentals, such as CTRA and LNG.

CHKPositive Net Change LNGPositive Net Change CTRAPositive Net Change

Zacks Equity Research

What Will Global Partners' (GLP) Q4 Earnings Unveil?

Global Partners LP (GLP) beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two.

BBYNegative Net Change IPARNegative Net Change GLPNegative Net Change GDRXNegative Net Change

Anirudha Bhagat

4 Stocks With Solid Net Profit Margin to Boost Portfolio Returns

Pick these four top-ranked stocks ¿¿¿ Griffon (GFF), Centrus Energy (LEU), Tactile Systems Technology (TCMD) and Copa Holdings (CPA) ¿¿¿with solid net profit margins to enhance your portfolio returns.

CPAPositive Net Change TCMDNegative Net Change LEUPositive Net Change GFFNegative Net Change

Zacks Equity Research

Is SAMBX a Strong Bond Fund Right Now?

MF Bond Report for SAMBX

SAMBXNo Net Change

Zacks Equity Research

Is NHMAX a Strong Bond Fund Right Now?

MF Bond Report for NHMAX

NHMAXPositive Net Change

Zacks Equity Research

Is FSRRX a Strong Bond Fund Right Now?

MF Bond Report for FSRRX

FSRRXNegative Net Change

Zacks Equity Research

Cheniere Partners (CQP) Q4 Earnings Beat on Lower Costs

Cheniere Partners' (CQP) Q4 earnings gain from higher LNG volumes loaded and a significant decline in the cost of sales.

MUSANegative Net Change CQPNegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Enterprise Products (EPD) Announces Permian Asset Acquisitions

The acquisitions are not only immediately accretive to Enterprise Products' (EPD) distributable cash flow per unit but also significantly bolster its infrastructure in the Permian Basin.

EPDPositive Net Change OIIPositive Net Change WESPositive Net Change MUSANegative Net Change

Tracey Ryniec

Buffett Sticks with Energy Stocks: Should You?

Wall Street ignored energy stocks in 2023 and is doing so again in 2024. But Buffett is not.

CVXPositive Net Change APAPositive Net Change OXYPositive Net Change FANGPositive Net Change TTEPositive Net Change

Zacks Equity Research

Marathon (MRO) Q4 Earnings Beat on Higher U.S. Production

Marathon Oil (MRO) spends $360 million in capital and exploratory expenditures during the quarter and rakes in $624 million in adjusted free cash flow.

COPPositive Net Change MROPositive Net Change APAPositive Net Change EQTPositive Net Change