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energy: Archive

Zacks Equity Research

Enterprise (EPD) Misses on Q2 Earnings, Revises Capex Outlook

Lower contributions from the Crude Oil Pipelines & Services segment hurt Enterprise's (EPD) earnings in Q2.

EPDNegative Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Williams' (WMB) Pipeline Project Worth $1B Suffers Legal Setback

Williams (WMB) plans to address the concerns raised by the D.C. Court of Appeals regarding the Regional Energy Access expansion project.

WMBPositive Net Change SMPositive Net Change EGYPositive Net Change ETNegative Net Change

Zacks Equity Research

Permian Resources (PR) to Expand Delaware Basin Footprint

Permian Resources (PR) is set to acquire certain Delaware Basin assets from Occidental (OXY). The acquired assets are expected to be accretive to key metrics over both short and long term.

OXYPositive Net Change SMPositive Net Change EGYPositive Net Change PRPositive Net Change

Zacks Equity Research

Hess (HES) Q2 Earnings Beat Estimates, Revenues Rise Y/Y

Higher oil equivalent production volumes and increased commodity realized prices aid Hess' (HES) Q2 earnings.

SUNPositive Net Change SMPositive Net Change BKRPositive Net Change

Zacks Equity Research

Is a Beat in Store for Canadian Natural (CNQ) in Q2 Earnings?

Higher oil prices and ramped-up production are likely to have boosted Canadian Natural Resources' (CNQ) profit in the second quarter.

CNQPositive Net Change TRPPositive Net Change MPLXNegative Net Change

Supriyo Bose

5 High ROE Stocks to Bet on as Markets Seek Rate Cut Clarity

Best Buy (BBY), AES, Lockheed Martin (LMT), PulteGroup (PHM) and Banco de Chile (BCH) are some of the stocks with high ROE to profit from as the markets await the Federal Reserve's update on the monetary policy.

LMTNegative Net Change BBYPositive Net Change PHMNegative Net Change AESPositive Net Change BCHNegative Net Change

Zacks Equity Research

Northern (NOG) Q2 Earnings and Revenues Outpace Estimates

Northern (NOG) expects annual oil production of 70,000-73,000 barrels per day and total production of 115,000-120,000 barrels of oil equivalent per day in 2024.

HALPositive Net Change SMPositive Net Change NOGPositive Net Change LBRTPositive Net Change

Zacks Equity Research

BP Beats Q2 Earnings Estimates, Hikes Quarterly Dividend

Higher volumes and improved liquids realizations aid BP's earnings in Q2.

BPPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Phillips 66 (PSX) Q2 Earnings Beat, Revenues Increase Y/Y

Phillips 66's (PSX) Q2 earnings benefit from record NGL volumes and peak refining crude utilization, partially offset by increased total costs and expenses.

SUNPositive Net Change SMPositive Net Change PSXPositive Net Change

Zacks Equity Research

Linde (LIN) Gears Up to Report Q2 Earnings: What's in Store?

Linde's (LIN) Q2 performance is likely to have been affected by a sluggish global economy and geopolitical tensions. Its operating profit from the Engineering business unit might have also decreased.

EPDNegative Net Change SUNPositive Net Change MUSAPositive Net Change LINPositive Net Change

Zacks Equity Research

SilverBow's (SBOW) Acquisition Gains Strong Shareholder Support

SilverBow's (SBOW) shareholders show overwhelming support for the company's acquisition in the special shareholders' meeting held on Jul 29, 2024, with 99% votes cast in favor of the proposed deal.

SMPositive Net Change EGYPositive Net Change SBOWPositive Net Change CRGYPositive Net Change

Zacks Equity Research

Factors to Note Ahead Of Coterra's (CTRA) Q2 Earnings Release

Coterra Energy's (CTRA) Q2 performance might have been hurt by the surge in Permian oil drilling, which has created an abundance of affiliated gas, pushing prices down.

CNQPositive Net Change TRPPositive Net Change MPLXNegative Net Change CTRAPositive Net Change

Nilanjan Choudhury

Is Chevron (CVX) Stock a Buy Ahead of Q2 Earnings Release?

As Chevron (CVX) gears up to report second-quarter earnings on Aug 2, let's find out how the expectations stack up. Also, is it the right time to buy the stock?

CVXPositive Net Change XOMPositive Net Change SHELPositive Net Change

Zacks Equity Research

TechnipFMC (FTI) Q2 Earnings Beat, Revenues Rise Y/Y

TechnipFMC (FTI) expects revenues in the range of $7.6-$7.8 billion and $1.2-$1.35 billion for Subsea and Surface Technologies, respectively, for 2024.

HALPositive Net Change FTIPositive Net Change KMIPositive Net Change LBRTPositive Net Change

Zacks Equity Research

Patterson-UTI (PTEN) Q2 Earnings Fall Y/Y, Sales Lag Estimates

Patterson-UTI (PTEN) anticipates to generate 40% of its free cash flow from adjusted EBITDA by 2024.

HALPositive Net Change PTENPositive Net Change KMIPositive Net Change LBRTPositive Net Change

Zacks Equity Research

Eni (E) Q2 Earnings Miss Estimates Despite Revenue Growth

Lower throughputs and declining gas sales contribute to Eni's (E) lower-than-expected Q2 earnings.

EPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

What's in Store for EOG Resources (EOG) in Q2 Earnings?

The softening of natural gas prices amid geopolitical tensions is likely to have affected EOG Resources' (EOG) performance in the second quarter.

EPDNegative Net Change SUNPositive Net Change EOGPositive Net Change MUSAPositive Net Change

Zacks Equity Research

Valaris' (VAL) Jack-Up Rig Mobilized for Selene Well Drilling

Valaris' (VAL) jack-up rig is slated to drill the Selene exploration well in the Southern North Sea.

VALPositive Net Change SMPositive Net Change EGYPositive Net Change ETNegative Net Change

Zacks Equity Research

NOV Q2 Earnings Surpass Estimates, Revenues Increase Y/Y

NOV expects a flat or low single-digit revenue growth year over year, with adjusted EBITDA between $270 million and $305 million for the third quarter of 2024.

HALPositive Net Change NOVPositive Net Change KMIPositive Net Change LBRTPositive Net Change

Zacks Equity Research

Northern Oil (NOG), Vital Energy to Buy Point Energy Assets

Northern Oil (NOG) partners with Vital Energy to acquire a 20% stake in Delaware Basin assets, aiming to boost production and generate long-term value for its shareholders.

SUNPositive Net Change SMPositive Net Change NOGPositive Net Change VTLEPositive Net Change

Zacks Equity Research

Archrock (AROC) Gears Up for Q2 Earnings: What to Expect

Higher costs and supply chain risks are likely to have impacted the second-quarter earnings of Archrock (AROC).

CNQPositive Net Change TRPPositive Net Change MPLXNegative Net Change AROCPositive Net Change

Zacks Equity Research

Here's Why You Should Retain Cheniere Partners (CQP) Stock Now

Cheniere Partners (CQP) has a solid track of providing consistent cash distributions to its unitholders.

SUNPositive Net Change SMPositive Net Change CQPPositive Net Change GPRKPositive Net Change

Zacks Equity Research

ExxonMobil's (XOM) GPX Project Set to Resume After Settlement

The project aligns with ExxonMobil's (XOM) strategic vision to enhance the natural gas supply chain from the world's leading exporter.

XOMPositive Net Change SUNPositive Net Change SMPositive Net Change GPRKPositive Net Change

Zacks Equity Research

Do Options Traders Know Something About ReNew Energy (RNW) Stock We Don't?

Investors need to pay close attention to ReNew Energy (RNW) stock based on the movements in the options market lately.

RNWNegative Net Change

Zacks Equity Research

RPC (RES) Q2 Earnings Outpace Estimates, Revenues Lag

RPC (RES) Q2 earnings gain on higher activity within rental tools and lower cost of revenues. However, a soft environment for pressure pumping negatively impacts the top line.

SMPositive Net Change EGYPositive Net Change ETNegative Net Change RESPositive Net Change