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Zacks Equity Research

Marathon (MRO) Q4 Earnings on Deck: Here's How It Will Fare

Lower commodity price realizations and the increase in costs are likely to have impacted the fourth-quarter earnings of Marathon Oil (MRO).

MROPositive Net Change LNGPositive Net Change IPARNegative Net Change ARDXPositive Net Change

Zacks Equity Research

Is VWEAX a Strong Bond Fund Right Now?

MF Bond Report for VWEAX

VWEAXPositive Net Change

Andrew Rocco

The Energy Sector is Hated: Is it Time to Buy?

Investors who avoid conformity and think independently prosper in the long run. Considering the tech sector's recent extreme bull move, money may shift into the lagging energy sector. Stock Strategist Andrew Rocco elaborates.

AAPLNegative Net Change CVXPositive Net Change XOMPositive Net Change OXYPositive Net Change SMCIPositive Net Change XLEPositive Net Change USOPositive Net Change

Zacks Equity Research

Cenovus (CVE) Tops on Q4 Earnings, Expects '24 Production Hike

Cenovus' (CVE) Q4 earnings gain from higher contributions from the Oil Sands unit and lower expenses.

CVEPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Shell (SHEL) Resumes Supply, Boosts Nigeria Crude Production

Shell (SHEL) resumes the supply of crude oil to the Port Hartcourt refinery in Nigeria. Port Harcourt undergoes renovation after being shut down for several years.

OIIPositive Net Change ETPositive Net Change HBRIYPositive Net Change SHELPositive Net Change

Zacks Equity Research

Magnolia (MGY) Q4 Earnings and Revenues Miss Estimates

Magnolia (MGY) expects D&C capital expenditures to be $130 million for first-quarter 2024, and between $450 million and $480 million for the entire year.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change MGYPositive Net Change

Zacks Equity Research

Targa (TRGP) Q4 Earnings and Revenues Miss Estimates

Targa (TRGP) expects 2024 growth capital expenditures between $2.3 billion and $2.5 billion, with net maintenance capital spending of $225 million.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change TRGPPositive Net Change

Zacks Equity Research

Can APA Maintain Its Impressive Beat Streak in Q4 Earnings?

Higher U.S. output and lower lease operating expenses are likely to have boosted APA Corporation's (APA) profit levels in the fourth quarter.

APAPositive Net Change SUPositive Net Change LNGPositive Net Change FANGPositive Net Change

Tirthankar Chakraborty

3 Top Breakout Stocks to Invest in for Attractive Returns

BRF (BRFS), Archrock (AROC) and Nomura (NMR) have been selected as the breakout stocks for today.

NMRPositive Net Change BRFSPositive Net Change AROCPositive Net Change

Zacks Equity Research

Sunoco (SUN) Lags on Q4 Earnings, Ups '24 Adjusted EBITDA View

Lower motor fuel sales across all segments affect Sunoco's (SUN) earnings in Q4.

SUNNegative Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Antero Resources (AR) Q4 Earnings Beat on Higher Production

Antero Resources' (AR) Q4 earnings have been aided by higher production volumes, driven by strong well performance and lower operating expenses.

ETPositive Net Change SUBCYPositive Net Change ARPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Diamondback's (FANG) Q4 Earnings Preview: Things to Consider

Diamondback Energy (FANG) beat the Zacks Consensus Estimate for earnings in two of the last four quarters and missed in the other two.

APAPositive Net Change SUPositive Net Change LNGPositive Net Change FANGPositive Net Change

Zacks Equity Research

Expro (XPRO) Boosts Well Construction and Integrity Portfolio

Expro (XPRO) is set to acquire Aberdeen-based Coretax for expanding its portfolio of cost-effective, technology-enabled Well Construction and Well Intervention & Integrity solutions.

OIIPositive Net Change ETPositive Net Change HBRIYPositive Net Change XPROPositive Net Change

Zacks Equity Research

Patterson-UTI (PTEN) Q4 Earnings and Sales Beat Estimates

Patterson-UTI (PTEN) plans to spend $740 million on capital expenditures in 2024. The company expects an effective tax rate of 24% and annual cash taxes of $35-$45 million for the year.

PTENNegative Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Rimmi Singhi

Is Hydrogen Mobility at Crossroads After Shell's (SHEL) Strategy Shift?

While Shell's (SHEL) move to shut hydrogen stations in California deals a blow to the passenger FCEV market, automakers' investments signal enduring interest in fuel cell tech despite the setback.

TMNegative Net Change HMCNegative Net Change SHELPositive Net Change

Zacks Equity Research

Williams (WMB) Q4 Earnings and Sales Outpace Estimates

Williams (WMB) expects Adjusted EBITDA in the range of $6.8-$7.1 billion, and growth capex in the band of $1.45-$1.75 billion for 2024.

WMBPositive Net Change MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change

Tracey Ryniec

Bear of the Day: Comstock Resources (CRK)

This natural gas producer recently suspended its dividend.

CRKPositive Net Change

Zacks Equity Research

EQT Corp (EQT) Q4 Earnings Meet Estimates, Revenues Rise Y/Y

EQT Corp's (EQT) Q4 earnings primarily gain from higher sales volumes.

EQTPositive Net Change ETPositive Net Change SUBCYPositive Net Change ETRNPositive Net Change

Zacks Equity Research

Diamond Offshore (DO) Secures Rig Contracts Worth $360M

Diamond Offshore (DO) secures a new contract with Serica Energy in the U.K. North Sea and a contract extension with a BP subsidiary in the U.S. Gulf of Mexico.

DOPositive Net Change OIIPositive Net Change REPYYPositive Net Change HBRIYPositive Net Change

Zacks Equity Research

USA Compression (USAC) Q4 Earnings Lag Estimates, Revenues Top

USA Compression (USAC) anticipates distributable cash flow, adjusted EBITDA and net income in the range of $310-$330 million, $555-$575 million and $95-$115 million, respectively, for 2024.

ETPositive Net Change REPYYPositive Net Change SUBCYPositive Net Change USACNegative Net Change

Tirthankar Chakraborty

5 Safe Stocks to Buy as Inflation Rattles Wall Street

With hotter-than-expected inflation spooking Wall Street, it's prudent for investors to invest in safe stocks such as Eagle Bancorp Montana (EBMT), Duke Energy (DUK), Kinder Morgan (KMI), VICI Properties (VICI) and Tyson Foods (TSN).

DUKPositive Net Change TSNNegative Net Change KMIPositive Net Change EBMTNegative Net Change VICIPositive Net Change

Zacks Equity Research

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

Enbridge (ENB) estimates C$10 billion in secured growth capital projects. Hence, the company is ensuring more cashflows in the coming years.

ENBPositive Net Change EGYPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Diamondback (FANG) to Merge With Endeavor in a $26B Deal

Diamondback (FANG) joins forces with Endeavor Energy Resources, forming a $26B Permian Basin powerhouse, poised for substantial growth and profitability.

MUSANegative Net Change ETPositive Net Change SUBCYPositive Net Change FANGPositive Net Change

Zacks Equity Research

California Resources (CRC) to Snap Up Aera, Boost Portfolio

California Resources (CRC) and Aera Energy's merger will add large, conventional, low decline, oil-weighted, proved developed producing reserves to CRC's asset bases and sustainable cash flows.

OIIPositive Net Change REPYYPositive Net Change CRCPositive Net Change HBRIYPositive Net Change

Nilanjan Choudhury

3 International Upstream Stocks Too Alluring to Resist

Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise buying companies like Harbour Energy (HBRIY), VAALCO Energy (EGY), Capricorn Energy (CRNCY).

HBRIYPositive Net Change EGYPositive Net Change CRNCYNo Net Change