BP Hits Gas in the Baltim South Development Lease in Egypt
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 10:15AM CDT
BP plc (BP) announced an important gas discovery in the Baltim South Development Lease in East Nile Delta.
BAK: 11.46 (-0.32), BP: 32.22 (-0.82), PTR: 70.93 (-1.99), CVRR: 9.73 (-0.37)
Valero's Refinery Base Robust, Weak Ethanol Business a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:33AM CDT
On Jun 8, 2016, we issued an updated research report on Texas-based Valero Energy Corporation (VLO).
VLO: 53.43 (-0.38), BAK: 11.46 (-0.32), PTR: 70.93 (-1.99), CVRR: 9.73 (-0.37)
Calumet Specialty Products (CLMT) Jumps: Stock Up 14.9%
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:30AM CDT
Calumet Specialty Products Partners LP (CLMT) shares rose almost 15% in the last trading session.
CVRR: 9.73 (-0.37), CLMT: 5.06 (-0.38)
5 High Earnings Yield Stocks for Building a Winning Portfolio
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 10:19AM CDT
Other things remaining constant, a stock with a higher earnings yield has the potential to provide comparatively greater returns.
TSE: 48.32 (-0.19), AIRM: 36.18 (-0.92), ECC: 16.73 (-0.26), RESI: 9.46 (-0.40), CVRR: 9.73 (-0.37)
ConocoPhillips Resumes Operations at Surmont Oil Sands
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:55AM CDT
ConocoPhillips (COP) has restarted 10% of the wells at its 60,000 barrels per day (bpd) Surmont oil sands project.
SOL: 1.30 (-0.05), BAK: 11.46 (-0.32), COP: 44.51 (-2.06), CVRR: 9.73 (-0.37)
CVR Refining Reduces Production at its Coffeyville Refinery Due to Magellan Pipeline Suspension
PR Newswire - Tue Jun 07, 4:10PM CDT
CVR Refining, LP (NYSE: CVRR), a refiner and marketer of petroleum fuels, today announced that it has reduced production at its Coffeyville, Kansas, refinery due to Magellan Midstream Partners, L.P.'s temporary suspension of an 8-inch refined petroleum products pipeline that runs from Coffeyville to Kansas City, Kansas. The pipeline transports up to 30,000 barrels per day of refined products from the refinery. It is one of three pipelines that transport the refinery's products to the markets it serves.
MMP: 72.44 (-0.44), CVRR: 9.73 (-0.37)
Schlumberger Adds Omron Oilfield and Marine to its Portfolio
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:10AM CDT
Schlumberger Ltd. (SLB) has acquired Omron Oilfield and Marine, Inc., in order to strengthen its control system capabilities for integrated well construction.
SOL: 1.30 (-0.05), BAK: 11.46 (-0.32), CVRR: 9.73 (-0.37), SLB: 78.53 (-1.43)
Statoil (STO) Acquires 45% Equity Share in UK License P312
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:07AM CDT
Statoil ASA (STO) has inked a deal to acquire JX Nippon's equity share of the UK license for the Utgard field.
SOL: 1.30 (-0.05), BAK: 11.46 (-0.32), CVRR: 9.73 (-0.37), STO: 16.37 (-0.54)
Ferrellgas Partners (FGP): What's in Store for Q3 Earnings?
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:22AM CDT
Ferrellgas Partners LP (FGP) is scheduled to report third-quarter fiscal 2016 results on Jun 8, after the market closes.
MEP: 8.40 (-0.50), GEL: 38.22 (-0.96), FGP: 16.68 (-0.57), CVRR: 9.73 (-0.37)
SM Energy (SM) Eyes Long-Term Growth Despite Macro Risks
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:46AM CDT
On Jun 3, 2016, we issued an updated research report on Colorado-based SM Energy Company (SM).
BAK: 11.46 (-0.32), SM: 29.80 (-3.44), MUSA: 69.97 (-0.89), CVRR: 9.73 (-0.37)
Statoil Contracts Rosenberg WorleyParsons for Construction
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:44AM CDT
Statoil ASA (STO) on behalf of the Johan Sverdrup licensees has awarded the contract for the construction of three bridges and two flare towers to Rosenberg WorleyParsons AS.
BAK: 11.46 (-0.32), MUSA: 69.97 (-0.89), CVRR: 9.73 (-0.37), STO: 16.37 (-0.54)
Kinder Morgan Subsidiaries Get FERC Permit for $2B Project
Zacks Equity Research - Zacks Investment Research - Mon Jun 06, 8:21AM CDT
Kinder Morgan Inc.'s (KMI) subsidiaries, Elba Liquefaction Company, L.L.C. (ELC) and Southern LNG Company, L.L.C. (SLNG), have received authorization for their $2 billion Elba Liquefaction Project from the Federal Energy Regulatory Commission (FERC).
KMI: 17.51 (-0.57), BAK: 11.46 (-0.32), MUSA: 69.97 (-0.89), CVRR: 9.73 (-0.37)
SCANA's Business Model Promises Growth, High Debt a Drag
Zacks Equity Research - Zacks Investment Research - Fri Jun 03, 8:35AM CDT
On Jun 2, 2016, we issued an updated research report on SCANA Corporation (SCG).
BAK: 11.46 (-0.32), SCG: 71.58 (-0.09), CVRR: 9.73 (-0.37), TCP: 57.04 (-2.95)
Schlumberger Boosts Technology Porfolio with Saltel Buyout
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 8:20AM CDT
Schlumberger Ltd. (SLB) declared that it has acquired France-based engineering, manufacturing and service company, Saltel Industries.
BAK: 11.46 (-0.32), SSL: 27.51 (-1.52), CVRR: 9.73 (-0.37), SLB: 78.53 (-1.43)
Weatherford Prices Upsized Underwritten Public Offering
Zacks Equity Research - Zacks Investment Research - Thu Jun 02, 6:59AM CDT
Weatherford International plc (WFT) announced the pricing of an upsized underwritten public offering of $1.1 billion senior notes due 2021.
BAK: 11.46 (-0.32), WFT: 6.58 (-0.18), PTR: 70.93 (-1.99), CVRR: 9.73 (-0.37)
Cimarex Energy Poised for Growth on Cost-Cutting Measures
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:01AM CDT
On May 31, 2016, we issued an updated research report on independent oil & gas exploration and production firm, Cimarex Energy Company (XEC).
BAK: 11.46 (-0.32), XEC: 114.67 (-5.66), PTR: 70.93 (-1.99), CVRR: 9.73 (-0.37)
Cobalt International Energy (CIE) Appoints New CEO
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:00AM CDT
Cobalt International Energy, Inc. (CIE) announced the appointment of a new CEO with effect from Jul 2, 2016.
BHP: 26.73 (-1.25), XOM: 89.98 (-0.69), CVRR: 9.73 (-0.37), CIE: 2.08 (-0.21)
Scana's Unit Files Petition to Modify Capital Cost Schedule
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:24AM CDT
Scana Corporation's (SCG) affiliate, South Carolina Electric & Gas Company ("SCE&G"
BAK: 11.46 (-0.32), SSL: 27.51 (-1.52), SCG: 71.58 (-0.09), CVRR: 9.73 (-0.37)
Stone Energy's (SGY) High Yielding Inventory to Fuel Growth
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 8:21AM CDT
On May 30, 2016, we issued an updated research report on Louisiana-based Stone Energy Corporation (SGY).
BAK: 11.46 (-0.32), SSL: 27.51 (-1.52), SGY: 0.52 (-0.02), CVRR: 9.73 (-0.37)
BP's New Project to Enhance Yield at Thunder Horse Platform
Zacks Equity Research - Zacks Investment Research - Tue May 31, 7:04AM CDT
BP plc (BP) has commenced a major water injection project at its Thunder Horse platform, one of the biggest deepwater fields in the U.S. Gulf of Mexico (GoM).
BAK: 11.46 (-0.32), BP: 32.22 (-0.82), MUSA: 69.97 (-0.89), CVRR: 9.73 (-0.37)