5 Energy Stocks for Growth as Oil Crisis Seems to be Over
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 6:55AM CDT
We believe that the time has come to choose energy stocks that have solid financials along with a chance to grow significantly in the near future banking on the crude rally.
SU: 26.94 (-0.73), BTE: 6.05 (-0.65), WPT: 15.19 (unch), XCO: 1.12 (-0.09), ENB: 41.93 (-0.50), TEGP: 24.64 (+0.04)
Devon to Sell $1B Assets; Plans $2-3B Divesture in 2016
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 10:46AM CDT
Devon Energy (DVN) will sell assets worth $1 billion; it has plans to divest $2-3 billion of non-core assets in 2016.
DVN: 35.12 (-2.33), WPX: 10.01 (-0.63), WPT: 15.19 (unch), XCO: 1.12 (-0.09)
WPX Energy (WPX) to Produce More Oil; Ups 2016 Guidance
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 10:42AM CDT
WPX Energy (WPX) raised its oil production expectation by 5% to the range of 39,000 to 41,000 barrels of oil per day.
WPX: 10.01 (-0.63), WPT: 15.19 (unch), XCO: 1.12 (-0.09), STO: 16.37 (-0.54)
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Baker Hughes, China Petroleum & Chemical, World Point Terminals, Tallgrass Energy and Murphy USA
WPT: 15.19 (unch), SNP: 70.09 (-2.16), MUSA: 69.97 (-0.89), TEGP: 24.64 (+0.04), BHI: 45.94 (-1.61)
US Oil Rig Count Sees Biggest Rise in 2016: 4 Energy Picks
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 7:58AM CDT
In its latest weekly release, Houston-based oilfield services company Baker Hughes Inc. (BHI) reported the biggest weekly rise in 2016 for the U.S. oil rig count.
WPT: 15.19 (unch), SNP: 70.09 (-2.16), MUSA: 69.97 (-0.89), TEGP: 24.64 (+0.04), BHI: 45.94 (-1.61)
Noble (NBL) Gets Regulatory Nod to Build Leviathan Platform
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:50AM CDT
Noble Energy (NBL) finally received the regulatory approval from the Israeli government to develop a fixed platform for the Leviathan field offshore Israel.
NBL: 36.52 (-0.96), WPT: 15.19 (unch), EPE: 5.39 (-0.68), STO: 16.37 (-0.54)
National Oilwell to Buy Trican's Completion Tools Business
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 7:12AM CDT
National Oilwell Varco Inc. (NOV) has decided to buy completion tools operations of Trican Well Service.
NOV: 35.03 (-1.31), WPT: 15.19 (unch), PTR: 70.93 (-1.99), TCP: 57.04 (-2.95)
4 Energy Stocks to Profit from Before Jun 2 OPEC Meet
Zacks Equity Research - Zacks Investment Research - Tue May 31, 8:24AM CDT
The Organization of the Petroleum Exporting Countries or OPEC is scheduled to meet in the Austrian capital of Vienna on Thursday, June 2.
MDR: 4.74 (-0.19), WPT: 15.19 (unch), XCO: 1.12 (-0.09), ENB: 41.93 (-0.50)
With Crude at $50 is the Oil Crisis Over? 4 Stock Choices
Nilanjan Choudhury - Zacks Investment Research - Thu May 26, 10:27AM CDT
We have picked 4 stocks that will benefit if oil's bullish trend continues.
MDR: 4.74 (-0.19), RDS.A: 51.31 (-1.01), MUR: 29.39 (-2.42), WPT: 15.19 (unch), ENB: 41.93 (-0.50), MRO: 13.42 (-0.84), MUSA: 69.97 (-0.89)
The Zacks Analyst Blog Highlights: Hercules Offshore, Independence Contract Drilling, Contango Oil & Gas, World Point Terminals and NuStar GP Holdings
Zacks Equity Research - Zacks Investment Research - Wed May 25, 8:30AM CDT
The Zacks Analyst Blog Highlights: Hercules Offshore, Independence Contract Drilling, Contango Oil & Gas, World Point Terminals and NuStar GP Holdings
HERO: 1.27 (-0.06), MCF: 12.81 (-0.15), WPT: 15.19 (unch), ICD: 5.05 (-0.19), NSH: 25.44 (-0.48)
Crude Heading Toward $50: Buy 5 Low-Levered Oil Stocks
Zacks Equity Research - Zacks Investment Research - Tue May 24, 1:38PM CDT
Against the bullish backdrop for oil, investors can pick low leverage companies with good fundamentals to outperform the market.
HERO: 1.27 (-0.06), GS: 149.89 (-3.28), MCF: 12.81 (-0.15), WPT: 15.19 (unch), ICD: 5.05 (-0.19), NS: 51.27 (-1.15), NSH: 25.44 (-0.48), CVX: 101.98 (-0.83)
McDermott International Upped to Strong Buy as Oil Rallies
Zacks Equity Research - Zacks Investment Research - Mon May 23, 8:48AM CDT
On May 21, 2016, Zacks Investment Research upgraded McDermott International (MDR) to a Zacks Rank #1 (Strong Buy). Going by the Zacks model, companies holding a Zacks Rank #1 have strong chances of outperforming the broader market over the next few quarters.
BAK: 11.46 (-0.32), MDR: 4.74 (-0.19), WPT: 15.19 (unch), PBA: 30.96 (-0.38)
Cheniere Energy Unit Closes Senior Secured Notes Offering
Zacks Equity Research - Zacks Investment Research - Fri May 20, 8:31AM CDT
U.S. liquefied natural gas exporter Cheniere Energy, Inc.'s (LNG) wholly owned affiliate, Cheniere Corpus Christi Holdings, LLC, has closed the offering of $1.25 billion aggregate principal amount of Senior Secured Notes.
WPT: 15.19 (unch), LNG: 34.22 (-2.33), BCEI: 2.43 (-0.24), EPE: 5.39 (-0.68)
The Zacks Analyst Blog Highlights: Tallgrass Energy GP, World Point Terminals, Transocean Partners and Murphy USA
Zacks Equity Research - Zacks Investment Research - Wed May 18, 8:30AM CDT
The Zacks Analyst Blog Highlights: Tallgrass Energy GP, World Point Terminals, Transocean Partners and Murphy USA
RIGP: 12.38 (-0.12), WPT: 15.19 (unch), MUSA: 69.97 (-0.89), TEGP: 24.64 (+0.04)
4 Oil Stocks to Buy as Crude Hits 6-Month High
Swarup Gupta - Zacks Investment Research - Tue May 17, 9:48AM CDT
A combination of supply disruptions and a turnaround in the stance of a major investment bank boosted oil prices to a six-month high on Monday.
RIGP: 12.38 (-0.12), WPT: 15.19 (unch), MUSA: 69.97 (-0.89), TEGP: 24.64 (+0.04)
World Point Terminals, LP Announces Solid Financial Results for the Quarter Ended March 31, 2016
BusinessWire - Mon May 09, 4:25PM CDT
World Point Terminals, LP (the "Partnership"
WPT: 15.19 (unch)
Marathon Petroleum (MPC) Q1 Earnings Lag, Revenues Top
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:54AM CDT
Marathon Petroleum Corp. (MPC) reported weak first-quarter 2016 earnings, owing to weak crack spreads and increased turnaround activity.
MPC: 36.40 (-0.55), WPT: 15.19 (unch), PTR: 70.93 (-1.99), VNR: 1.38 (-0.07)
Suncor Energy (SU) Incurs Wider-Than-Expected Loss in Q1
Zacks Equity Research - Zacks Investment Research - Thu Apr 28, 8:51AM CDT
Suncor Energy Inc. (SU) reported first-quarter 2016 operating loss per share of 33 cents, wider than the Zacks Consensus Estimate of loss of 17 cents.
SU: 26.94 (-0.73), MUR: 29.39 (-2.42), WPT: 15.19 (unch), VNR: 1.38 (-0.07)
Nabors (NBR) Q1 Loss Narrower Than Expected, Sales Miss
Zacks Equity Research - Zacks Investment Research - Wed Apr 27, 10:24AM CDT
Nabors Industries Ltd. (NBR) reported first-quarter 2016 adjusted loss from continuing operations of 29 cents per share, narrower than the Zacks Consensus Estimate of a loss of 33 cents.
NBR: 10.37 (-0.37), WPT: 15.19 (unch), PTR: 70.93 (-1.99), VNR: 1.38 (-0.07)
3 Low Beta Dividend Stocks that Won't Disappoint You in 2016
Zacks Premium Research - Zacks Investment Research - Mon Apr 25, 10:15AM CDT
Avoid volatility and stock up on cash dividends to ride out what is sure to be a rocky 2016.
WPT: 15.19 (unch), AEO: 15.51 (-0.45), DRI: 67.81 (-0.52)