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energy: Archive

Zacks Equity Research

Chord (CHRD) to Solidify Its Position in the Williston Basin

Chord (CHRD) is set to join forces with Enerplus Corporation (ERF) in a stock-and-cash deal, creating a combined entity with an enterprise value of approximately $11 billion.

ETPositive Net Change ERFPositive Net Change AROCPositive Net Change CHRDPositive Net Change

Zacks Equity Research

Coterra Energy (CTRA) Q4 Earnings and Revenues Miss Estimates

Coterra Energy (CTRA) expects total equivalent production in the range of 660-690 MBoepd and capital expenditures in the band of $460-$540 million for the first quarter of 2024.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change CTRAPositive Net Change

Zacks Equity Research

EOG Resources (EOG) Q4 Earnings Miss Estimates, Revenues Fall Y/Y

EOG Resources' (EOG) Q4 earnings suffer due to lower commodity price realizations.

EOGPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Sanghamitra Saha

MLP ETFs at a 52-Week High: Here's Why

MLP ETFs have been hovering around a 52-week high level.

USOPositive Net Change AMZAPositive Net Change AMJPositive Net Change ATMPPositive Net Change MLPBNegative Net Change

Zacks Equity Research

Pioneer (PXD) Q4 Earnings Miss Estimates, Revenues Rise Y/Y

Pioneer's (PXD) Q4 earnings suffer due to lower commodity price realizations, coupled with rising total costs and expenses.

PXDPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

SM Energy (SM) Q4 Earnings Top Estimates, Revenues Decline Y/Y

SM Energy's (SM) Q4 earnings gain from higher oil equivalent production volumes and declining hydrocarbon production expenses.

SMPositive Net Change OIIPositive Net Change MUSANegative Net Change SUBCYPositive Net Change

Zacks Equity Research

Range Resources (RRC) Q4 Earnings Beat Estimates on Lower Costs

Range Resources' (RRC) fourth-quarter earnings gain from higher production and lower total costs and expenses. However, declining realized commodity prices offset the positive.

RRCPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Suncor Energy (SU) Q4 Earnings Fall Y/Y, Sales Beat Estimates

Suncor Energy (SU) expects capital expenditures in the band of C$6.3-C$6.5 billion and production in the range of 770,000-810,000 boe/d for full-year 2024.

SUPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

ProPetro (PUMP) Q4 Earnings and Revenues Miss Estimates

ProPetro (PUMP) expects effective fleet utilization and capital expenditures to be in the range of 14-15 and $200-$250 million, respectively, for the first quarter of 2024.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change PUMPPositive Net Change

Zacks Equity Research

Chevron (CVX) and Partners to Invest $24M in Tamar Gas Field

Chevron (CVX) is set to invest $24 million to bolster the natural gas production capacity of the Tamar gas field, off the coast of Israel.

CVXPositive Net Change OIIPositive Net Change ETPositive Net Change AROCPositive Net Change

Zacks Equity Research

APA Q4 Earnings & Revenues Miss on Lower Oil Realizations

APA Corporation (APA) bought back 3.2 million shares at $37.64 apiece during the fourth quarter. The company also shelled out $76 million in dividend payment.

COPPositive Net Change APAPositive Net Change EQTPositive Net Change MGYPositive Net Change

Zacks Equity Research

Is VFSTX a Strong Bond Fund Right Now?

MF Bond Report for VFSTX

VFSTXPositive Net Change

Zacks Equity Research

Viper Energy (VNOM) Tops on Q4 Earnings, Expects '24 Output Hike

Higher oil-equivalent production volumes aid Viper Energy's (VNOM) earnings in Q4.

OIIPositive Net Change MUSANegative Net Change USACNegative Net Change VNOMPositive Net Change

Zacks Equity Research

Transocean (RIG) Q4 Earnings Improve Y/Y, Sales Miss Estimates

Transocean (RIG) expects operating and maintenance expenses of $2.2 billion, and general and administrative expenses of $196 million for full-year 2024.

RIGPositive Net Change PBRPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Tellurian's (TELL) Driftwood LNG Gets 3 More Years From FERC

Tellurian (TELL) receives an extension from the FERC to complete the LNG Project by Apr 18, 2029.

OIIPositive Net Change ETPositive Net Change AROCPositive Net Change TELLPositive Net Change

Zacks Equity Research

Matador (MTDR) Q4 Earnings Beat Estimates on Higher Production

Matador (MTDR) records better-than-expected Q4 earnings, owing to substantial production volumes. However, declining realized commodity prices offset the positive.

ETPositive Net Change SUBCYPositive Net Change MTDRPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Can Cheniere (LNG) Pull Off a Strong Show in Q4 Earnings?

Robust export volumes and lower costs are likely to have boosted Cheniere Energy's (LNG) profit levels in the fourth quarter.

BBYNegative Net Change LNGPositive Net Change IPARNegative Net Change ALHCNegative Net Change

Zacks Equity Research

Factors to Note Ahead of Coterra Energy's (CTRA) Q4 Earnings

Coterra Energy (CTRA) beat the Zacks Consensus Estimate for earnings in each of the last four quarters, resulting in an earnings surprise of 111.8%, on average.

BBYNegative Net Change IPARNegative Net Change CTRAPositive Net Change ALHCNegative Net Change

Urbashi Dutta

Energy Stocks' Q4 Earnings Roster for Feb 21: WES, APA & MRO

Lower commodity prices are likely to have affected the upstream businesses. Let us see how Western Midstream (WES), APA Corp (APA) and Marathon Oil (MRO) are placed ahead of Q4 earnings.

MROPositive Net Change APAPositive Net Change WESPositive Net Change

Zacks Equity Research

TechnipFMC (FTI) Wins Shell's Sparta Development Contract

TechnipFMC (FTI) wins a contract for manufacturing and installing subsea production systems, umbilicals, risers and flowlines for Shell's (SHEL) Sparta Development project.

FTIPositive Net Change OIIPositive Net Change ETPositive Net Change SHELPositive Net Change

Zacks Equity Research

Suncor's (SU) Q4 Earnings Preview: Key Things to Consider

Suncor Energy (SU) beat the Zacks Consensus Estimate for earnings in each of the last four quarters.

SUPositive Net Change LNGPositive Net Change IPARNegative Net Change ARDXPositive Net Change

Zacks Equity Research

NuStar Energy (NS) Q4 Earnings & Revenues Outpace Estimates

NuStar Energy (NS) expects net income in the $220-$260 million range for full-year 2024, with EBITDA in the band of $720-$780 million.

NSPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Antero Midstream (AM) Q4 Earnings Beat on Compression Volumes

Antero Midstream (AM) Q4 earnings top estimates. The bottom line was driven by increased low pressure volumes.

AMPositive Net Change OIIPositive Net Change ETPositive Net Change HBRIYPositive Net Change

Zacks Equity Research

Eni (E) Reports Y/Y Declines in Earnings & Revenues in Q4

Lower average realized commodity prices hurt Eni's (E) earnings in Q4.

EPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

TC Energy (TRP) Q4 Earnings and Revenues Surpass Estimates

TC Energy (TRP) expects comparable EBITDA in the range of C$11.2-C$11.5 billion in 2024, and gross capital expenditures in the band of C$8.5-C$9.0 billion, including capitalized interest.

MUSANegative Net Change TRPPositive Net Change ETPositive Net Change SUBCYPositive Net Change