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energy: Archive

Zacks Equity Research

Pembina Pipeline Announces JV to Power Alberta's Data Center Complex

PBA forms a joint venture with Kineticor to deliver up to 1,800 MW of power, supporting Alberta's booming data center industry.

GPORNegative Net Change REPYYPositive Net Change PBAPositive Net Change PROPNegative Net Change

Zacks Equity Research

Is Core Stock Worth Buying After a 27% Surge in 6 Months?

CLB stock is supported by international expansion, proprietary tech and solid cash flow amid competitive pricing, volatile oil prices and geopolitical tensions.

HALNegative Net Change CLBNegative Net Change FTINegative Net Change LBRTNegative Net Change

Zacks Equity Research

BP Revises Strategy, Prioritizes Profits Over Green Transition

BP states that annual spending on oil and gas will rise by almost 20%, while the same on renewable energy businesses will be cut by more than $5 billion.

BPNegative Net Change MTDRNegative Net Change AROCNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Viper Energy's Q4 Earnings and Revenues Beat on Higher Production

VNOM Q4 earnings gain from higher crude oil, natural gas and natural gas liquids production.

MTDRNegative Net Change VNOMPositive Net Change AROCNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Galp's Mopane 3X Well Yields Positive Results Off Namibia's Coast

GLPEY's Mopane 3X well is part of the second exploration and appraisal campaign targeted at blocks 2813A and 2814B in the Petroleum Exploration License 83 (PEL 83) area.

MTDRNegative Net Change GLPEYNegative Net Change AROCNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Cactus Q4 Earnings and Revenues Lag Estimates on Lower Segment EBITDA

WHD Q4 earnings and revenues lag estimates on decreased revenues from the Pressure Control segment. The company expects U.S. land activity level in the first quarter to be flat sequentially.

EOGNegative Net Change ARNegative Net Change NEXTNegative Net Change WHDPositive Net Change

Zacks Equity Research

Implied Volatility Surging for Noble Corporation (NE) Stock Options

Investors need to pay close attention to Noble Corporation (NE) stock based on the movements in the options market lately.

NENegative Net Change

Zacks Equity Research

EOG Q4 Earnings Beat Estimates on Oil Equivalent Production Hike

EOG Resources' Q4 earnings beat estimates on higher production. However, the revenue miss reflects the negative impact of decreased realizations for crude oil, condensates and natural gas prices.

EOGNegative Net Change MTDRNegative Net Change ARNegative Net Change NEXTNegative Net Change

Zacks Equity Research

Halliburton and Sekal Deliver Revolutionary Drilling System to Equinor

HAL and Sekal jointly deliver a fully automated on-bottom drilling system to Equior, optimizing well placement with real-time automation.

HALNegative Net Change REPYYPositive Net Change PROPNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Delek Q4 Loss Narrower Than Expected, Revenues Lag Estimates

DK expects a total crude throughput of 255,000-269,000 barrels per day and a total throughput of 278,000-292,000 barrels per day in the first quarter of 2025.

HALNegative Net Change DKPositive Net Change KMIPositive Net Change DKLNegative Net Change

Zacks Equity Research

Ovintiv's Q4 Earnings Surpass Estimates and Revenues Miss

OVV expects capital expenditure in the range of $600-$650 million for the first quarter of 2025 and between $2.15 billion and $2.25 billion for the full year.

HALNegative Net Change KMIPositive Net Change LBRTNegative Net Change OVVNegative Net Change

Nilanjan Choudhury

Coterra Energy EPS Set to Double in 2025: Should You Buy It?

CTRA remains committed to returning capital to shareholders, having distributed 89% of its 2024 free cash flow through dividends and share repurchases.

CTRANegative Net Change OVVNegative Net Change

Zacks Equity Research

Diamondback Q4 Earnings Beat Estimates on Higher Production

For 2025, FANG looks to pump around 883,000-909,000 BOE/d of hydrocarbon, with oil volumes between 485,000 and 498,000 barrels per day.

COPNegative Net Change EQTPositive Net Change FANGNegative Net Change MGYNegative Net Change

Zacks Equity Research

Range Resources Q4 Earnings & Revenues Surpass Estimates

RRC's Q4 earnings benefit from higher realized commodity prices, partially offset by lower production.

RRCNegative Net Change EOGNegative Net Change ARNegative Net Change NEXTNegative Net Change

Zacks Equity Research

Coterra's Q4 Earnings Beat Estimates, Revenues Miss, Dividend Raised

CTRA anticipates its capital expenditure budget between $2.1 billion and $2.4 billion for 2025 and in the range of $525-$625 million for the first quarter.

HALNegative Net Change KMIPositive Net Change LBRTNegative Net Change CTRANegative Net Change

Zacks Equity Research

Targa Resources Q4 Earnings Miss Estimates, Revenues Increase Y/Y

TRGP's adjusted EBITDA for the fourth quarter totaled $1.1 billion, up from $959.9 million in the prior-year period.

TRPPositive Net Change LNGPositive Net Change MPLXPositive Net Change TRGPNegative Net Change

Zacks Equity Research

Shell Forecasts a 60% Surge in Global LNG Demand by 2040

SHEL expects the global LNG demand to rise by 60% by 2040, primarily due to rising Asian demand.

GPORNegative Net Change REPYYPositive Net Change PROPNegative Net Change SHELNegative Net Change

Zacks Equity Research

BP Signs Major Oilfield Redevelopment Deal for Kirkuk Oilfields

BP mentions that the project involves a drilling schedule and the construction of new facilities, including gas expansion projects.

BPNegative Net Change MTDRNegative Net Change AROCNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Cenovus Energy Q4 Earnings & Revenues Miss Estimates

CVE's Q4 earnings and revenues lag estimates on lower contributions from key units. Both the top and bottom lines decrease year over year.

EOGNegative Net Change CVENegative Net Change ARNegative Net Change NEXTNegative Net Change

Zacks Equity Research

Is NHMAX a Strong Bond Fund Right Now?

MF Bond Report for NHMAX

NHMAXNegative Net Change

Zacks Equity Research

Itron's Q4 Earnings & Revenues Top, Stock Up 10% on Bookings Momentum

ITRI's Q4 2024 performance gains from a 25% surge in Outcomes revenue along with all-time highs in its quarterly bookings and total backlog.

ITRINegative Net Change OTEXNegative Net Change CVLTNegative Net Change BLKBPositive Net Change

Zacks Equity Research

Chevron Eyes Leviathan Field Expansion to Boost Natural Gas Production

CVX and partners advance an expansion plan for Israel's Leviathan gas field to increase production capacity and strengthen regional energy security.

CVXNegative Net Change GPORNegative Net Change REPYYPositive Net Change PROPNegative Net Change

Nilanjan Choudhury

Cheniere Energy: Strong Q4, Rising LNG Demand Make It a Buy

Cheniere Energy's success is underpinned by its long-term LNG supply agreements with major global energy players.

LNGPositive Net Change GLPEYNegative Net Change EQNRNegative Net Change

Zacks Equity Research

Important Factors to Watch Ahead of Veren's Q4 Earnings Release

Lower commodity prices are likely to have weighed on VRN's bottom line in the fourth quarter.

WTINegative Net Change BRYPositive Net Change BKVNegative Net Change

Zacks Equity Research

XOM Awards Major Deepwater Seismic Contract to Shearwater in Guyana

ExxonMobil's contract to Shearwater Geoservices involves executing a deepwater 4D OBN seismic survey in Guyana, expected to start in the first half of 2025.

XOMPositive Net Change MTDRNegative Net Change AROCNegative Net Change EQNRNegative Net Change