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energy: Archive

Zacks Equity Research

Equinor (EQNR) Begins Operations at UK Blandford Road Asset

Equinor (EQNR) initiates operations for its first commercial battery storage asset in the U.K., signaling the company's entry into this sector.

SUNNegative Net Change OIIPositive Net Change EGYNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Halliburton (HAL) Beats Q4 Earnings Estimates, Ups Dividend

In good news for investors, Halliburton (HAL) raised its quarterly dividend by 6.3% to 17 cents per share (or 68 cents per share annualized).

SLBPositive Net Change HALPositive Net Change KMIPositive Net Change

Turjya Saha

How Is the Red Sea Conflict Affecting the Oil Industry?

Houthi attacks create waves of uncertainty in Red Sea shipping, prompting major companies to reassess routes and security measures. An unpredictable situation raises market concerns.

BPNegative Net Change CVXPositive Net Change SHELNegative Net Change

Zacks Equity Research

Petrobras (PBR) Plans to Acquire Wind, Solar Stakes by 2024

Petrobras (PBR) expects to acquire stakes this year in Brazil's onshore wind and solar projects to create a 2GW renewable energy portfolio by the end of 2024.

PBRNegative Net Change OIIPositive Net Change ENBPositive Net Change EQNRNegative Net Change

Zacks Equity Research

TotalEnergies (TTE) Eyes March Restart for Denmark's Tyra Field

TotalEnergies (TTE) unveils plans to restart Tyra II, Denmark's largest gas field in March 2024, promising 2.8 billion cubic meters of annual gas production.

SUNNegative Net Change OIIPositive Net Change EGYNegative Net Change TTENegative Net Change

Zacks Equity Research

Sunoco (SUN) and NuStar Join Forces for a 7.3B All-Equity Merger

Sunoco (SUN) fuels growth with a $7.3B acquisition of NuStar, unlocking synergies, stability and distribution growth in the energy sector.

NSPositive Net Change SUNNegative Net Change OIIPositive Net Change EGYNegative Net Change

Zacks Equity Research

Repsol (REPYY) Outlines Expansion of Renewable Fuel Stations

Repsol (REPYY) sets a new target to expand its network of fuel refilling stations with 100% renewable fuels by the end of 2024, demonstrating its commitment to sustainable mobility.

OIIPositive Net Change ENBPositive Net Change WESNegative Net Change REPYYNegative Net Change

Zacks Equity Research

Is PTIAX a Strong Bond Fund Right Now?

MF Bond Report for PTIAX

PTIAXPositive Net Change

Zacks Equity Research

Is FNMIX a Strong Bond Fund Right Now?

MF Bond Report for FNMIX

FNMIXPositive Net Change

Zacks Equity Research

Is FFRHX a Strong Bond Fund Right Now?

MF Bond Report for FFRHX

FFRHXNo Net Change

Zacks Equity Research

ExxonMobil (XOM) Sues Activists, Blocks Climate Petition

ExxonMobil's (XOM) legal challenge against climate activist shareholders represents a notable development in the ongoing debate over corporate responsibility and environmental initiatives.

XOMNegative Net Change SUNNegative Net Change OIIPositive Net Change ENBPositive Net Change

Zacks Equity Research

Harbour (HBRIY) Warns a Hit to 2023 Production, Shares Drop

Harbour (HBRIY) closes in the red after its declaration of a decline in production, lower year-over-year revenues and increased operating costs.

OIIPositive Net Change WESNegative Net Change EGYNegative Net Change HBRIYPositive Net Change

Nilanjan Choudhury

What Caused the Collapse in Natural Gas Prices Last Week?

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

RRCNegative Net Change LNGPositive Net Change CTRANegative Net Change

Zacks Equity Research

Eni (E), KMG Sign Agreement for 250 MW Renewables-Gas Project

Eni (E) and KMG join forces for a revolutionary 250 MW Hybrid Renewables-Gas Project, ushering in a new era of sustainable energy in Kazakhstan.

ENegative Net Change SUNNegative Net Change OIIPositive Net Change ENBPositive Net Change

Zacks Equity Research

Shell (SHEL) Starts Job Cuts in a Push to Boost Performance

Shell (SHEL) starts trimming its workforce to enhance operational efficiency and drive performance.

CVXPositive Net Change XOMNegative Net Change SUNNegative Net Change SHELNegative Net Change

Zacks Equity Research

What's in the Offing for Liberty Energy (LBRT) in Q4 Earnings?

Liberty Energy (LBRT) expects lower revenues due to a weak global macroeconomic environment, but an improved bottom line due to cost reductions in the fourth quarter of 2024.

XOMNegative Net Change RRCNegative Net Change CNXPositive Net Change LBRTPositive Net Change

Zacks Equity Research

Chevron (CVX) Plans Duvernay Asset Sale, Optimizes Portfolio

Following a challenging 2023, Chevron's (CVX) focus has shifted toward performance improvement, particularly in prolific areas like the Permian basin and Guyana.

CVXPositive Net Change SUNNegative Net Change OIIPositive Net Change HLXNo Net Change

Zacks Equity Research

Is SEKSX a Strong Bond Fund Right Now?

MF Bond Report for SEKSX

SEKSXPositive Net Change

Zacks Equity Research

Is SPHIX a Strong Bond Fund Right Now?

MF Bond Report for SPHIX

SPHIXPositive Net Change

Bryan Hayes

Bear of the Day: Nabors Industries (NBR)

Despite a relatively constructive operating environment, the oilfield services provider continues to be exposed to overcapacity and pricing pressure.

NBRNegative Net Change

Zacks Equity Research

Eni (E) Proceeds With Biorefinery Project in South Korea

The biorefinery is set to play a pivotal role in Eni's (E) overarching strategy to contribute to achieving net-zero emissions by 2050.

ENegative Net Change SUNNegative Net Change OIIPositive Net Change ENBPositive Net Change

Zacks Equity Research

Phillips 66 (PSX) Resolves Rodeo Plant's Environmental Review

Phillips 66 (PSX) achieves the milestone after confirming the implementation of all viable mitigation measures, effectively striking a balance between the project's benefits and environmental impacts.

SUNNegative Net Change OIIPositive Net Change ENBPositive Net Change PSXPositive Net Change

Zacks Equity Research

SLB Q4 Earnings Miss Estimates, Revenues Rise Year Over Year

SLB Q4 earnings suffer due to a decline in profitability in Asset Performance Solutions, impacted by lower commodity prices in Canada.

SLBPositive Net Change SUNNegative Net Change OIIPositive Net Change ENBPositive Net Change

Turjya Saha

3 Companies Poised to Dominate the Oil & Gas Market in 2024

In 2022, oil prices surged to $119 but plummeted to $71 (by 2023-end), down 40% from the 2022 level. Yet, three resilient companies in the energy sector signal potential success in 2024.

SUNNegative Net Change ENBPositive Net Change SUBCYPositive Net Change

Zacks Equity Research

ExxonMobil (XOM) Signs a 20-year Agreement for LNG Purchase

ExxonMobil (XOM) agrees to purchase 1.2 MMtpa LNG from the Saguaro Energia LNG Plant, owned by Mexico Pacific, by exercising options under a deal signed in 2023.

XOMNegative Net Change OIIPositive Net Change LNGPositive Net Change EGYNegative Net Change