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energy: Archive

Benjamin Rains

Bull of the Day: MSA Safety Incorporated (MSA)

MSA Safety found support at some key moving averages and its earnings outlook has surged over the last year. MSA Safety also pays a dividend and it trades 14% below its average Zacks price target.

MSAPositive Net Change

Zacks Equity Research

Oceaneering (OII) Secures Multiple Contracts Worth $200 Million

Oceaneering's (OII) Manufactured Products segment secures contracts worth approximately $200 million.

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

Zacks Equity Research

Northern (NOG) Finalizes Acquisitions of Two Basin Assets

Northern (NOG) closes the previously announced acquisition deals for Utica and Northern Delaware Basin assets, strengthening NOG's presence in major U.S. shale regions.

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

Zacks Equity Research

BP Misses Q4 Earnings Estimates, Expects 2024 Production Hike

BP's Q4 earnings have been affected by lower realizations of commodity prices.

BPPositive Net Change EGYPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Baker Hughes (BKR) Rewards Shareholders With Dividend Hike

Baker Hughes' (BKR) increase in quarterly cash dividend aligns with its goal of increasing dividends over time.

FSLRPositive Net Change EGYPositive Net Change REPYYPositive Net Change BKRPositive Net Change

Nilanjan Choudhury

5 Oil & Gas Stocks That Recently Announced Dividend Hikes

CVX, WMB, MGY, HPK and SHEL are five energy companies that have pledged to raise their quarterly dividend payouts.

WMBPositive Net Change CVXPositive Net Change MGYPositive Net Change HPKPositive Net Change SHELPositive Net Change

Bryan Hayes

Bear of the Day: Precision Drilling Corp. (PDS)

Falling earnings estimates will likely nurture the stock's downtrend.

PDSPositive Net Change

Zacks Equity Research

ExxonMobil (XOM), Chevron to Raise 2024 Permian Basin Oil Output

The plans laid out by ExxonMobil (XOM) and Chevron indicate notable growth in U.S. oil production, primarily driven by increased activities in the Permian Basin.

CVXPositive Net Change XOMPositive Net Change PXDPositive Net Change SUBCYPositive Net Change

Sweta Killa

Energy ETFs in Focus After Exxon, Chevron's Q4 Earnings Beat

Two energy behemoths - Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) - reported mixed fourth-quarter earnings.

CVXPositive Net Change XOMPositive Net Change XLEPositive Net Change IYEPositive Net Change VDEPositive Net Change FENYPositive Net Change DRLLPositive Net Change

Zacks Equity Research

Enterprise (EPD) Q4 Earnings Beat on Propylene & Octane Margin

Enterprise's (EPD) Q4 earnings benefit from increased gross operating margin of its fee-based businesses. Consolidated liquidity amounts to $3.9 billion.

FSLRPositive Net Change EPDPositive Net Change EGYPositive Net Change REPYYPositive Net Change

Zacks Equity Research

Imperial (IMO) Q4 Earnings Decline Y/Y, Sales Lag Estimates

Imperial (IMO) expects production in the band of 420,000-442,000 barrels per day and 385,000-400,000 in the Upstream and Downstream segments, respectively, with capacity utilization of 89-92%.

OIIPositive Net Change IMOPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Southern's (SO) Gas Subsidiaries Secure First RNG Agreement

Southern's (SO) subsidiaries, Virginia Natural Gas and Chattanooga Gas, sign their first renewable natural gas agreement, aiding clean energy transition, emission reduction and sustainability.

SOPositive Net Change ATONegative Net Change EONGYPositive Net Change

Zacks Equity Research

What Will NGL Energy Partners' (NGL) Q3 Earnings Unveil?

NGL Energy Partners (NGL) is expected to have reaped the reward of strong growth in its Water Solutions business.

PAAPositive Net Change NGLNegative Net Change ETPositive Net Change USACNegative Net Change

Zacks Equity Research

Delek's (DK) Refinery to Pioneer DOE Carbon Capture Project

Delek US Holdings (DK) believes that the project will position it as a frontrunner in the ongoing energy transition.

OIIPositive Net Change DKNegative Net Change MUSANegative Net Change HLXPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Q4 Earnings Beat Estimates, Revenues Fall Y/Y

ExxonMobil's (XOM) Q4 earnings benefit primarily from increased liquids production.

XOMPositive Net Change OIIPositive Net Change EGYPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

Chevron (CVX) Q4 Earnings Beat on Record U.S. Production

Chevron (CVX) paid $2.8 billion in dividends during the fourth quarter and bought back $3.4 billion worth of its shares.

CVXPositive Net Change HALPositive Net Change MPCNegative Net Change KMIPositive Net Change

Zacks Equity Research

Seadrill (SDRL) Secures New Contracts Worth $97.5 Million

Seadrill (SDRL) secures new contracts and a contract extension for its West Vela and West Capella drillships, while also providing an update for the West Auriga drillship.

SDRLPositive Net Change EGYPositive Net Change REPYYPositive Net Change HBRIYPositive Net Change

Nilanjan Choudhury

3 Promising Oil & Gas Drilling Stocks Amid Industry Tumult

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like VAL, HP and SDRL.

VALPositive Net Change HPPositive Net Change SDRLPositive Net Change

Zacks Equity Research

NOV Q4 Earnings Surpass Estimates, Revenues Increase Y/Y

NOV expects strong cash flow for 2024 due to improved efficiency in working capital and profitability.

NOVPositive Net Change OIIPositive Net Change ETPositive Net Change SUBCYPositive Net Change

Supriyo Bose

Buy 5 High ROE Stocks as Markets Swing on Volatility Woes

NRG Energy (NRG), Suzano (SUZ), Arch Resources (ARCH), Cboe Global Markets (CBOE) and Jabil (JBL) are some of the stocks with high ROE to profit from as markets sway with volatility.

NRGPositive Net Change CBOEPositive Net Change JBLPositive Net Change ARCHPositive Net Change SUZNegative Net Change

Zacks Equity Research

Equinor (EQNR), SLB Reach Milestone in Autonomous Drilling

Equinor (EQNR), holding a 60% operating interest in the Peregrino heavy-oil field, collaborates with SLB to conduct a five-well program.

SLBPositive Net Change EGYPositive Net Change ETPositive Net Change EQNRPositive Net Change

Zacks Equity Research

Eni (E) Completes Purchase of UK's Neptune Energy for $4.9B

The transaction brings substantial benefits to Eni (E), including increased gas production in North Africa, and potential carbon capture and storage opportunities in Northern Europe.

EPositive Net Change OIIPositive Net Change EGYPositive Net Change ETPositive Net Change

Zacks Equity Research

Phillips 66 (PSX) Halts Crude at Rodeo Refinery in February

Phillips 66's (PSX) Rodeo Refinery strives for a sustainable future, ending crude processing in February; eyes 50K bbl/d in renewable fuels by Q2.

OIIPositive Net Change PSXNegative Net Change EGYPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

SLB Shows Confidence in Its Multi-Year Growth Cycle

SLB reaffirms its full-year 2024 guidance in a recent announcement.

SLBPositive Net Change ENBPositive Net Change REPYYPositive Net Change HBRIYPositive Net Change

Zacks Equity Research

Core Laboratories (CLB) Q4 Earnings Miss Estimates, Sales In Line

Core Laboratories' (CLB) first-quarter 2024 revenues are anticipated in the $122-$128 million range, while the operating income is estimated in the band of $11.8-$14.3 million.

CLBNegative Net Change OIIPositive Net Change ENBPositive Net Change SUBCYPositive Net Change