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energy: Archive

Zacks Equity Research

Chevron (CVX) Furloughs Biodiesel Workers Amid Market Flood

Chevron's (CVX) Oeding biodiesel plant faces market oversupply and Chinese import pressures, leading to worker furloughs and raising concerns about fair competition in the European biofuel market.

CVXPositive Net Change SUNPositive Net Change SMPositive Net Change CTRAPositive Net Change

Zacks Equity Research

ConocoPhillips (COP) Challenges Biden's Arctic Drilling Ban

ConocoPhillips (COP) has filed a lawsuit against the Biden administration over a new rule banning drilling on nearly half of Alaska's National Petroleum Reserve. The oil giant argues that the regulation prioritizes conservation over Congress's energy production mandate.

COPPositive Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Southern (SO), Singularity Partner for Energy Transparency

Southern (SO) and Singularity Energy join forces to reform energy consumption insights and drive transparency in the energy sector, marking a significant step toward a sustainable energy future.

SOPositive Net Change ATOPositive Net Change CWTNegative Net Change PRMWPositive Net Change

Zacks Equity Research

New Strong Buy Stocks for July 8th

ASIX, SM, EGO, PRMW and TDS have been added to the Zacks Rank #1 (Strong Buy) List on July 8, 2024.

SMPositive Net Change TDSNegative Net Change PRMWPositive Net Change EGOPositive Net Change ASIXPositive Net Change

Aditi Kanoria

Namibia Emerges as a New Frontier for Global Oil Giants

Namibia's coastline hides a treasure trove of oil reserves. Chevron, ExxonMobil and Shell are eagerly poised to tap into this wealth, positioning themselves for strategic gains in Africa's new frontier.

CVXPositive Net Change XOMPositive Net Change TTEPositive Net Change SHELNegative Net Change

Avisekh  Bhattacharjee

Powell Industries (POWL) Up 70.4% YTD: What's Next for Investors?

Powell Industries (POWL) is making strides in the electrical equipment market, which makes the stock worth a watch amid intense competition.

ETNNegative Net Change SBGSYNegative Net Change FELENegative Net Change POWLNegative Net Change

Zacks Equity Research

Here's Why Hold Strategy is Apt for PBF Energy (PBF) Now

PBF Energy's (PBF) strategic diversification into renewable fuel positions it well for growth in the energy transition landscape.

SUNPositive Net Change PBFPositive Net Change TGSNegative Net Change GPRKPositive Net Change

Zacks Equity Research

Here's Why Hold Strategy is Apt for Eni (E) Stock Right Now

Eni's (E) diversified business model, combining traditional oil and gas operations with renewable energy and biorefining, positions the company for sustainable growth.

EPositive Net Change SUNPositive Net Change TGSNegative Net Change GPRKPositive Net Change

Zacks Equity Research

Is TPINX a Strong Bond Fund Right Now?

MF Bond Report for TPINX

TPINXPositive Net Change

Zacks Equity Research

Is FFHCX a Strong Bond Fund Right Now?

MF Bond Report for FFHCX

FFHCXPositive Net Change

Zacks Equity Research

Kosmos Energy (KOS) Hits Production Milestone With Winterfell

Kosmos Energy (KOS) holds a 25.04% interest in the Winterfell development, whose high-margin barrels and low carbon intensity make a valuable addition to KOS' portfolio.

SUNPositive Net Change SMPositive Net Change KOSPositive Net Change HESMNegative Net Change

Zacks Equity Research

Suncor (SU) Shuts Down Firebag Site Amid Wildfire Concerns

Suncor's (SU) Firebag facility has been shut down temporarily. The company has cut down some of its production as a precautionary measure and will restart production as soon as the situation permits.

SUNPositive Net Change SMPositive Net Change SUNegative Net Change HESMNegative Net Change

Zacks Equity Research

Williams (WMB) Wins Court Case for Louisiana Energy Project

Williams (WMB) wins Louisiana court battle with Energy Transfer, securing pipeline construction for the delayed Louisiana Energy Gateway project, which will be operational in the second half of 2025.

WMBNegative Net Change SUNPositive Net Change SMPositive Net Change ETPositive Net Change

Nilanjan Choudhury

Federal Court Ruling Clears the Path for LNG Export Projects

The lifting of the Biden administration's pause solidifies the country's position as a global leader in LNG. Investors should keep an eye on companies such as Cheniere Energy, Shell and Chevron.

CVXPositive Net Change LNGPositive Net Change SHELNegative Net Change

Zacks Equity Research

Eni's (E) Sale to Oando Approved Amid Nigeria Regulatory Shifts

The sale of Eni's (E) NAOC to Oando has been pending for months due to regulatory requirements under Nigeria's new oil industry law.

EPositive Net Change TGSNegative Net Change GPRKPositive Net Change EQNRPositive Net Change

Nilanjan Choudhury

Inventory Decline Lifts U.S. Crude to Best Close Since April

With oil remaining at a healthy enough level for market participants, we advise investors to buy stocks like SUN, SM and TUWOY.

SUNPositive Net Change SMPositive Net Change TUWOYNegative Net Change

Zacks Equity Research

BP CEO Halts Offshore Wind Projects, Enacts Hiring Freeze

BP's new CEO Murray Auchincloss has implemented a hiring freeze and paused new offshore wind projects, shifting the company's focus to oil and gas to address investor concerns over its energy transition strategy.

BPNegative Net Change SUNPositive Net Change SMPositive Net Change

Zacks Equity Research

Shell (SHEL) Hits Pause on Major Biofuels Plant in Europe

Shell (SHEL) remains committed to achieving its net-zero emissions target by 2050 despite abandoning several renewable projects to focus on its more profitable ventures, primarily in oil and gas.

SUNPositive Net Change SMPositive Net Change HESMNegative Net Change SHELNegative Net Change

Zacks Equity Research

Chevron (CVX), QazaqGaz Sign a Gas Exploration Agreement

Chevron's (CVX) subsidiary Chevron Munaigas Inc. and QazaqGaz join forces to explore gas resources in Kazakhstan, strengthening a three-decade relationship and boosting economic growth.

CVXPositive Net Change SUNPositive Net Change SMPositive Net Change CTRAPositive Net Change

Zacks Equity Research

Pembina (PBA) Signs Deal to Acquire 50% Stake in Whitecap (Revised)

Pembina's (PBA) venture entity, Pembina Gas Infrastructure, signs a deal to buy 50% of Whitecap's Kaybob complex for C$252M, securing long-term agreements for infrastructure and future growth.

SUNPositive Net Change SMPositive Net Change PBAPositive Net Change CTRAPositive Net Change

Urbashi Dutta

Global Oil Firms Bet Big on Namibia Discovery Amid Energy Shift

Global oil giants like Chevron (CVX), Petrobras (PBR) and TotalEnergies (TTE) vie fiercely for Galp Energia's Namibia oil stake, betting on burgeoning fossil fuel demand and growth opportunities.

CVXPositive Net Change PBRPositive Net Change TTEPositive Net Change

Derek Lewis

AI Goes Nuclear: 2 Energy Stocks Set to Benefit

Energy companies reflect another angle to capitalize on the AI frenzy. After all, who's going to keep the lights on?

CEGNegative Net Change VSTNegative Net Change

Nilanjan Choudhury

Chevron (CVX) Stock Barely Moves in a Month: An Opportunity?

Chevron's (CVX) robust financial performance in Q1, with $5.5 billion in earnings and a free cash flow yield of over 5%, underscores its strong profitability and operational efficiency.

CVXPositive Net Change XOMPositive Net Change SHELNegative Net Change

Zacks Equity Research

SLB and TotalEnergies Ink 10-Year Digital Solutions Partnership

SLB and TotalEnergies enter into a 10-year collaboration to co-develop scalable digital solutions, focusing on enhancing energy resource access and efficiency through advanced AI technologies.

SLBPositive Net Change SUNPositive Net Change SMPositive Net Change TTEPositive Net Change

Zacks Equity Research

Transocean's (RIG) Deepwater Aquila Begins Work Offshore Brazil

Transocean's (RIG) newbuild ultra-deepwater drillship begins its first assignment for Petrobras, offshore Brazil, at a day rate of $448,000.

RIGNegative Net Change PBRPositive Net Change SUNPositive Net Change SMPositive Net Change