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Zacks Equity Research

Factors You Need to Know Ahead of NOV Q3 Earnings Release

NOV is anticipated to report higher revenues from the year-ago level. However, it is expected to record a lower bottom line due to rising costs.

NOVPositive Net Change CNQPositive Net Change TRPNegative Net Change LNGNegative Net Change

Zacks Equity Research

Transocean Inks $193M Ultra-Deepwater Drillship Contract

RIG lands a new contract with an undisclosed operator in the US Gulf of Mexico for the Deepwater Conqueror drillship.

RIGPositive Net Change MPLXPositive Net Change AROCPositive Net Change NINEPositive Net Change

Zacks Equity Research

Are Options Traders Betting on a Big Move in Array Technologies (ARRY) Stock?

Investors need to pay close attention to Array Technologies (ARRY) stock based on the movements in the options market lately.

ARRYPositive Net Change

Zacks Equity Research

What's in the Cards for Valero Energy in Third-Quarter Earnings?

Weaker global demand for refined products and heightened competition abroad are likely to have affected VLO's Q3 earnings.

VLOPositive Net Change OIIPositive Net Change MUSANegative Net Change LNGNegative Net Change

Zacks Equity Research

Do Options Traders Know Something About Marathon Petroleum (MPC) Stock We Don't?

Investors need to pay close attention to Marathon Petroleum (MPC) stock based on the movements in the options market lately.

MPCPositive Net Change

Nilanjan Choudhury

Natural Gas Futures Dampened by Mild Weather on the Horizon

Investors would be wise to focus on resilient stocks such as LNG and SHEL. Meanwhile, it may be prudent to avoid more speculative options like AR.

LNGNegative Net Change ARPositive Net Change SHELPositive Net Change

Zacks Equity Research

SLB to Sell Palliser Block Assets in Alberta by Late Q4 2024

SLB enters into a definitive agreement to sell its Palliser Block assets in Alberta as part of its strategic focus on energy technology. The deal is set to be closed in late Q4 2024.

SLBPositive Net Change CVEPositive Net Change PEDNegative Net Change AROCPositive Net Change

Zacks Equity Research

Patterson-UTI Energy to Report Q3 Earnings: What's in Store for the Stock?

PTEN is expected to report higher revenues from the year-ago period. The company is anticipated to see a lower bottom line due to rising costs.

PTENPositive Net Change CNQPositive Net Change TRPNegative Net Change LNGNegative Net Change

Zacks Equity Research

Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback

SHEL's onshore oil market divestment gets stalled by the Nigerian oil regulator as the Renaissance Group is deemed unqualified to manage the assets.

MPLXPositive Net Change PEDNegative Net Change NINEPositive Net Change SHELPositive Net Change

Zacks Equity Research

Zacks.com featured highlights Tilray, Consol Energy and Apogee Enterprises

Tilray, Consol Energy and Apogee Enterprises have been highlighted in this Screen of The Week article.

APOGPositive Net Change CEIXPositive Net Change TLRYPositive Net Change

Zacks Equity Research

BP Plans to Divest Offshore Wind Stakes, Cut Back on Renewables

BP remains focused on developing offshore wind projects. However, the company will prioritize its high-margin businesses rather than aggressively reducing emissions.

BPPositive Net Change FCELPositive Net Change PEDNegative Net Change AROCPositive Net Change

Zacks Equity Research

Cheniere Energy Gets FERC Approval for New LNG Supply Line Startup

LNG states that it intends to achieve first liquefied natural gas production from Corpus Christi Stage 3 by year-end 2024. LNG is the second largest producer of natural gas globally.

LNGNegative Net Change FCELPositive Net Change PEDNegative Net Change AROCPositive Net Change

Zacks Equity Research

TechnipFMC's (FTI) Q3 Earnings Preview: Things to Consider

FTI beat the Zacks Consensus Estimate in each of the last four quarters, which resulted in an average earnings surprise of 24.5%.

CLBPositive Net Change FTIPositive Net Change OIIPositive Net Change LNGNegative Net Change

Zacks Equity Research

Phillips 66 to Close Los Angeles Refinery Due to Low Profits

PSX plans to shut its Los Angeles refinery by late 2025, citing market dynamics and lower profits, leaving California to face further fuel supply challenges.

PSXPositive Net Change MPLXPositive Net Change PEDNegative Net Change AROCPositive Net Change

Zacks Equity Research

SLB Q3 Earnings Beat Estimates, Revenues Rise Year Over Year

SLB's Q3 earnings benefit from broad-based growth and margin expansion in the Middle East, Asia and offshore North America, alongside cost optimization and digital solutions.

SLBPositive Net Change MPLXPositive Net Change PEDNegative Net Change AROCPositive Net Change

Nilanjan Choudhury

3 International Upstream Stocks Set to Tackle Rocky Road Ahead

Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise buying companies like KOS, EGY and CRNCY.

KOSPositive Net Change EGYPositive Net Change CRNCYNegative Net Change

Zacks Equity Research

Liberty Energy Q3 Earnings & Revenues Miss Estimates, Decline Y/Y

LBRT expects the capital expenditure to reach $200 million in the fourth quarter and projects a tax expense rate of 23-24% of pre-tax income for 2024.

MPLXPositive Net Change TRGPPositive Net Change AROCPositive Net Change LBRTPositive Net Change

Zacks Equity Research

What's in Store for Oceaneering International Stock in Q3 Earnings?

OII is expected to report higher revenues from the last quarter's reported level, along with reduced costs for services and products.

CNXPositive Net Change OIIPositive Net Change CNQPositive Net Change LNGNegative Net Change

Zacks Equity Research

Calumet Arm Gets $1.44B Federal Loan for Renewable Fuels Push

CLMT subsidiary Montana Renewables is set to become a world leader in Sustainable Aviation Fuel production, capable of producing 300 million gallons per year.

CLMTPositive Net Change MPLXPositive Net Change LBPositive Net Change NINEPositive Net Change

Zacks Equity Research

Nabors Industries to Report Q3 Earnings: What's in the Offing?

NBR is expected to report improved revenues in Q3 earnings. However, due to increased depreciation and amortization, a lower bottom line is anticipated.

NBRPositive Net Change CNXPositive Net Change LNGNegative Net Change TRGPPositive Net Change

Zacks Equity Research

Kinder Morgan Q3 Earnings Miss Estimates, Revenues Fall Y/Y

KMI Q3 earnings get affected by decreased financial contributions from two segments. However, this is partially offset by lower total costs and expenses.

KMINegative Net Change MPLXPositive Net Change PEDNegative Net Change AROCPositive Net Change

Nilanjan Choudhury

3 Energy Companies That Recently Increased Their Dividends

Amid concerns over cyclical fluctuations in the energy sector, dividends are flourishing. We delve into the recent payout increases from LBRT, CNQ and TTE.

CNQPositive Net Change LBRTPositive Net Change TTEPositive Net Change

Zacks Equity Research

What's in Store for Core Laboratories Stock in Q3 Earnings?

CLB is expected to report higher revenues compared with the previous quarter, along with reduced costs for services and product sales and general administrative expenses.

CLBPositive Net Change CNXPositive Net Change LNGNegative Net Change TRGPPositive Net Change

Zacks Equity Research

NBR Inks $372M Deal to Snap Up Parker Wellbore: Here's Why

Nabors Industries agreed to acquire Parker Wellbore: A move to strengthen global drilling services.

NBRPositive Net Change MPLXPositive Net Change PEDNegative Net Change NINEPositive Net Change

Brian Bolan

Brian's Big Idea: Prairie Operating Company (PROP)

A conversation with Edward Kovalik, CEO of Prairie Operating Company.

PROPPositive Net Change