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energy: Archive

Zacks Equity Research

Shell Confirms Gas Discovery in the Southern North Sea Selene Well

SHEL and Deltic Energy confirm significant gas discovery at the Selene prospect in the U.K. Southern North Sea, signaling development.

KOSPositive Net Change AROCPositive Net Change TALOPositive Net Change SHELPositive Net Change

Zacks Equity Research

W&T Offshore Q3 Loss Narrower Than Expected, Revenues Decline Y/Y

WTI's Q3 earnings and revenues decline year over year due to lower oil equivalent production and higher operating expenses.

WMBNegative Net Change WTIPositive Net Change FCELPositive Net Change AROCPositive Net Change

Zacks Equity Research

Halliburton Q3 Earnings Miss on Weak North American Activity

HAL generated $841 million of cash flow from operations in the third quarter, leading to a free cash flow of $543 million.

SLBPositive Net Change HALPositive Net Change BKRPositive Net Change

Zacks Equity Research

SandRidge Reports Y/Y Declines in Earnings and Revenues in Q3

Lower production and commodity price realizations hurt SD's earnings in Q3.

SDPositive Net Change

Zacks Equity Research

MPLX LP Q3 Earnings and Revenues Lag Estimates on Higher Costs

MPLX Q3 earnings and revenues rise year over year on increased gathered and processed volumes and higher contributions from its Logistics and Storage segment.

WMBNegative Net Change FCELPositive Net Change MPLXPositive Net Change AROCPositive Net Change

Zacks Equity Research

SUN Q3 Earnings and Revenues Fall Short of Estimates, Decline Y/Y

Sunoco LP Q3 earnings and revenues lag estimates over increased operating costs and higher general and administrative expenses.

WMBNegative Net Change SUNPositive Net Change FCELPositive Net Change AROCPositive Net Change

Nilanjan Choudhury

A Closer Look at the U.S. Upstream Oil & Gas Industry

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - United States industry, we advise focusing on shares of companies like CIVI, NOG, CRC and AMPY.

CIVIPositive Net Change NOGPositive Net Change CRCPositive Net Change AMPYPositive Net Change

Zacks Equity Research

Pembina Pipeline's Q3 Earnings Miss Estimates, Sales Fall Y/Y

PBA anticipates adjusted EBITDA in the range of C$4.23-C$4.33 billion for 2024. It also expects to maintain a debt-to-adjusted EBITDA ratio of 3.4-3.6 times.

SLBPositive Net Change KMINegative Net Change PBAPositive Net Change LBRTPositive Net Change

Zacks Equity Research

Shell's Rheinland Refinery to be Transformed to Produce Base Oils

SHEL is all set to lead Europe's energy landscape by converting its Rheinland refinery in Germany: shifting from crude oil to premium base oils.

BPPositive Net Change AROCPositive Net Change TALOPositive Net Change SHELPositive Net Change

Andrew Rocco

5 Industries to Watch in a Trump Administration

Equities usually rise regardless of who assumes the White House. However, savvy, active investors understand the importance of analyzing specific industries under a new administration.

PFEPositive Net Change FSLRPositive Net Change XLEPositive Net Change IWMPositive Net Change COINPositive Net Change

Zacks Equity Research

Natural Resource Partners Q3 Earnings & Revenues Decline Y/Y

Lower income from coal royalties and soda ash equity earnings due to challenging market conditions hurt NRP's earnings in Q3.

NRPPositive Net Change

Sweta Killa

ETFs Set to Soar on Trump's Presidential Victory

Donald Trump wins back the White House in the U.S. presidential race. Investors should profit from these ETFs under his presidency.

XLEPositive Net Change UUPNegative Net Change IWMPositive Net Change KBEPositive Net Change VDEPositive Net Change KBWBPositive Net Change IJRPositive Net Change VBPositive Net Change GBTCPositive Net Change IBITPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About Permian Resources (PR) Stock We Don't?

Investors need to pay close attention to Permian Resources (PR) stock based on the movements in the options market lately.

PRPositive Net Change

Zacks Equity Research

Marathon Petroleum Tops Q3 Earnings, Boosts Stock Buyback

In Q3, MPC spent $950 million on capital programs (39% on Refining & Marketing and 59% on the Midstream segment) compared to $522 million in the year-ago period.

VLOPositive Net Change MPCPositive Net Change PSXPositive Net Change MPLXPositive Net Change

Zacks Equity Research

Viper Energy Q3 Earnings Top Estimates on Higher Production

VNOM Q3 earnings gain year over year on higher oil equivalent production volumes, while revenues decline over lower realized commodity prices.

WMBNegative Net Change FCELPositive Net Change VNOMPositive Net Change AROCPositive Net Change

Zacks Equity Research

Cheniere Energy's Q3 Earnings Beat Estimates, Revenues Down Y/Y

LNG expects discounted cash flow in the range of $6-$6.3 billion and adjusted EBITDA in the band of $3.4-$3.7 billion for 2024.

SLBPositive Net Change LNGNegative Net Change KMINegative Net Change LBRTPositive Net Change

Zacks Equity Research

Coterra Energy's Q3 Earnings Down Y/Y, Sales Lag Estimates

CTRA anticipates a capital expenditure budget for 2024 ranging from $1.75-$1.85 billion (non-GAAP), with an oil production estimate of 107-108 MBopd in the fourth quarter.

SLBPositive Net Change KMINegative Net Change LBRTPositive Net Change CTRAPositive Net Change

Zacks Equity Research

TechnipFMC and Prysmian Team Up for Floating Offshore Wind Project

FTI and Prysmian collaborate to take forward the floating offshore wind facility to provide an integrated solution for sustainable energy production.

WMBNegative Net Change FTIPositive Net Change AROCPositive Net Change TALOPositive Net Change

Sweta Killa

Stocks and ETFs in Focus as Americans Head to Polls

Let's discuss the sectors and ETFs that are the potential gainers or losers as Americans head to the polls, which indicate a tight race between Harris and Trump.

BACPositive Net Change WFCPositive Net Change JPMPositive Net Change CVXPositive Net Change UNHPositive Net Change XOMPositive Net Change COPPositive Net Change PFEPositive Net Change MRKPositive Net Change LLYPositive Net Change HUMPositive Net Change PHMPositive Net Change KBHPositive Net Change LENPositive Net Change PLUGPositive Net Change XLEPositive Net Change UUPNegative Net Change XHBPositive Net Change ITBPositive Net Change ICLNPositive Net Change IHEPositive Net Change PPHPositive Net Change VDEPositive Net Change KBWBPositive Net Change IYGPositive Net Change QCLNPositive Net Change IAKPositive Net Change KIEPositive Net Change GBTCPositive Net Change NXEPositive Net Change BEPositive Net Change IBITPositive Net Change

Zacks Equity Research

Enbridge Q3 Earnings Meet Estimates, Revenues Increase Y/Y

ENB Q3 earnings gain on higher Adjusted EBITDA contributions from its major business segments. Revenues rise from the prior-year level.

WMBNegative Net Change ENBPositive Net Change FCELPositive Net Change AROCPositive Net Change

Zacks Equity Research

Shell Q3 Earnings Beat as High LNG Sales Offset Refining Woes

SHEL reported cash flow from operations of $14.7 billion in Q3, returned $2.2 billion to its shareholders through dividends and spent $4.7 billion on capital projects.

BPPositive Net Change CVXPositive Net Change XOMPositive Net Change SHELPositive Net Change

Zacks Equity Research

Petrobras, Ecopetrol Permitted to Drill Following Court Ruling

Despite prior legal challenges, the Colombian court permits PBR and EC to proceed with natural gas drilling activities in the Tayrona area.

PBRPositive Net Change ECPositive Net Change SNDPositive Net Change NINEPositive Net Change

Zacks Equity Research

Magnolia Oil & Gas' Q3 Earnings Lag Y/Y, Revenues Beat Estimates

MGY expects $125 million capital in drilling and completion in the fourth quarter of 2024, with an anticipated production of 93 Mboe/d.

SLBPositive Net Change KMINegative Net Change LBRTPositive Net Change MGYPositive Net Change

Zacks Equity Research

Petrobras to Report Q3 Earnings: What's in Store for the Stock?

PBR beat the Zacks Consensus Estimate for earnings twice in the trailing four quarters while missing the same in the other two.

HPPositive Net Change PBRPositive Net Change SUNPositive Net Change TRPNegative Net Change

Zacks Equity Research

Sunoco to Report Q3 Earnings: Here's What You Need to Know

Stable demand for motor fuel and earnings from its pipeline and storage terminals are likely to have aided SUN's Q3 performance.

HPPositive Net Change SUNPositive Net Change TRPNegative Net Change ETPositive Net Change