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energy: Archive

Zacks Equity Research

SLB Beats on Q4 Earnings, Provides '25 Capex Guidance

SLB's Q4 earnings benefit from broad-based growth and margin expansion in the Middle East and Asia, alongside AI advancements and digital solutions.

SLBPositive Net Change FTIPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

BP Announces Layoffs, Aims to Cut At Least $2B in Costs by 2026

BP announces a 5% reduction in its global workforce, including almost 4,700 employees and 3,000 contractor positions.

BPNegative Net Change FTIPositive Net Change SUNPositive Net Change LNGPositive Net Change

Zacks Equity Research

Halliburton Q4 Earnings on Deck: Here's How It Will Fare

Weakness in North American activity is likely to have impacted the fourth-quarter earnings of Halliburton (HAL).

CVXPositive Net Change HALNegative Net Change MURNegative Net Change KMIPositive Net Change

Sanghamitra Saha

Look Beyond Oil: Critical Mineral ETFs Gaining Precedence

A transformative era in the energy industry is evolving where security hinges less on oil and more on critical minerals.

XMEPositive Net Change LITPositive Net Change REMXPositive Net Change

Zacks Equity Research

Why it is Not Wise to Buy NOV Stock After a 23% Decline in 6 Months

NOV struggles with falling demand in North America, uneven business performance, shrinking margins and lower earnings estimates, indicating ongoing challenges ahead.

NOVPositive Net Change OISPositive Net Change NGSPositive Net Change KGSNegative Net Change

Zacks Equity Research

Petrobras Nears a Deal to Regain Control of Key Fertilizer Plants

PBR is in talks with Unigel to revive two leased fertilizer plants and resume operations to ease Brazil's dependence on imported fertilizer.

PBRNegative Net Change YPFPositive Net Change GPORPositive Net Change AETUFNegative Net Change

Nilanjan Choudhury

Chevron's Free Cash Flow Push: Will $8B Growth Justify a Hold?

CVX's pending $53 billion Hess acquisition positions the company for long-term growth, particularly through Hess' prolific Guyana assets.

CVXPositive Net Change XOMPositive Net Change

Zacks Equity Research

Eni Concludes Construction of 200 MW Battery Storage System in Texas

E's newly built Guajillo plant is the company's largest battery storage system, equipped with lithium-ion LFP batteries.

EPositive Net Change FTIPositive Net Change SUNPositive Net Change LNGPositive Net Change

Zacks Equity Research

Talos Encounters Major Hydrocarbon Reserves in the Gulf of Mexico

TALO plans to begin production from the Katmai West #2 well in the second quarter of 2025. The well will be tied back to TALO's Tarantula facility.

FTIPositive Net Change SUNPositive Net Change LNGPositive Net Change TALONegative Net Change

Sweta Killa

5 ETFs Outperforming on Energy's Big Turnaround

The energy sector has become a leader after being a laggard over the past two years.

SPYNegative Net Change XLEPositive Net Change IEONegative Net Change XOPNegative Net Change FCGPositive Net Change PXENegative Net Change RSPGNegative Net Change

Bryan Hayes

Will This Oil Giant Recapture Its Uptrend Following Q4 Results?

The stock is benefitting lately from renewed strength in the energy sector.

SLBPositive Net Change

Sweta Killa

Oil ETF (USO) Hits New 52-Week High

This consumer staples ETF hits a new 52-week high. Are more gains in store for this ETF?

USOPositive Net Change

Zacks Equity Research

Africa Oil Boosts Stake in Prospective Orange Basin Block to 18%

AOIFF completes a transaction with Eco (Atlantic) Oil & Gas to raise its stake in Block 3B/4B in the Orange Basin offshore South Africa to 18%.

YPFPositive Net Change GPORPositive Net Change AETUFNegative Net Change AOIFFNegative Net Change

Zacks Equity Research

Here's Why Hold Strategy is Apt for Oceaneering Stock for Now

OII shows promising earnings growth and a robust cash flow. However, risks from seasonal declines, oil price fluctuations and uncertain robotics investments remain concerning.

FTIPositive Net Change OIIPositive Net Change BKRPositive Net Change KLXENegative Net Change

Zacks Equity Research

ExxonMobil Finds Natural Gas Off Egypt's Mediterranean Coast

XOM's natural gas find off Egypt's coast could help the nation reverse its declining production and regain its status as a key energy supplier.

XOMPositive Net Change FTIPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Chevron Faces Setback as Its Well Fails to Yield Commercial Oil

CVX's Kapana 1X exploration in Namibia fails to yield commercial reserves but provides valuable geological insights.

CVXPositive Net Change LNGPositive Net Change OVVPositive Net Change SHELNegative Net Change

Zacks Equity Research

Is FIHBX a Strong Bond Fund Right Now?

MF Bond Report for FIHBX

FIHBXNo Net Change

Zacks Equity Research

Shell-CNOOC JV to Expand its Petrochemical Complex in China

SHEL has taken a final investment decision to expand its petrochemical complex in China through CSPC, a Shell-CNOOC joint venture.

YPFPositive Net Change GPORPositive Net Change AETUFNegative Net Change SHELNegative Net Change

Nilanjan Choudhury

Is Big Oil Losing Ground in the Supreme Court Climate Fight?

The likes of XOM and CVX face rising pressure to tackle climate deception claims and brace for the potential financial impact of ongoing lawsuits.

BPNegative Net Change CVXPositive Net Change XOMPositive Net Change SUNPositive Net Change SHELNegative Net Change

Nilanjan Choudhury

Oil & Gas Stock Roundup: ExxonMobil's Q4 Update & Phillips 66's Acquisition in Focus

XOM, PSX, CVX-SHEL and CNQ emerge as the energy headline makers during the week.

XOMPositive Net Change CNQPositive Net Change PSXNegative Net Change SHELNegative Net Change

Zacks Equity Research

GeoPark Cancels Its Acquisition of Repsol's Oil & Gas Assets in Colombia

GPRK opts out of the deal related to the acquisition of REPYY's Colombian assets over SierraCol Energia Arauca LLC's exercise of pre-emptive rights.

FTIPositive Net Change SUNPositive Net Change REPYYPositive Net Change GPRKPositive Net Change

Zacks Equity Research

Is BHYIX a Strong Bond Fund Right Now?

MF Bond Report for BHYIX

BHYIXNo Net Change

Zacks Equity Research

Is AIANX a Strong Bond Fund Right Now?

MF Bond Report for AIANX

AIANXPositive Net Change

Zacks Equity Research

Petrobras Extends Contract for Vessel Safe Zephyrus Until 2027

PBR provides Prosafe with a $109.7-million contract extension to accommodate the vessel Safe Zephyrus for another 954 days for its deepwater oil projects.

PBRNegative Net Change GPORPositive Net Change AETUFNegative Net Change CTRAPositive Net Change

Zacks Equity Research

ExxonMobil Pushes for Privacy on Offshore CO2 Storage Lease Details

XOM urges Texas to keep the details of its large offshore CO2 lease private, citing the importance of protecting its proprietary commercial and financial information.

XOMPositive Net Change FTIPositive Net Change SUNPositive Net Change SMPositive Net Change