Statoil (STO) Completes Exploration Program for Bay du Nord
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 9:27AM CDT
Statoil ASA (STO) and its partners have completed a 19-month exploration drilling program, offshore Newfoundland.
BAK: 11.30 (-0.16), PTR: 69.15 (-1.78), CVRR: 9.23 (-0.50), STO: 16.18 (-0.19)
BP, Det norske to Jointly Form Largest Norwegian Producer
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:36AM CDT
BP plc (BP) and Det norske oljeselskap along with the latter's shareholder Aker ASA will form the largest Norwegian independent oil and gas producer.
BAK: 11.30 (-0.16), BP: 31.86 (-0.36), PTR: 69.15 (-1.78), CVRR: 9.23 (-0.50)
Is it Worth Holding Patterson-UTI (PTEN) Amid Low Oil Price?
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 8:30AM CDT
We issued an updated research report on onshore contract driller Patterson-UTI Energy Inc. (PTEN) on Jun 10, 2016. The company's fleet includes the technologically advanced 'Apex' rigs, which are the key to its success.
BAK: 11.30 (-0.16), SSL: 27.39 (-0.12), PTEN: 20.81 (-0.26), PTR: 69.15 (-1.78)
Weatherford Prices Upsized Underwritten Public Offering
Zacks Equity Research - Zacks Investment Research - Mon Jun 13, 6:51AM CDT
Weatherford International plc (WFT) announced the pricing of an upsized underwritten public offering of $1.5 billion senior notes.
BAK: 11.30 (-0.16), WFT: 6.57 (-0.01), NADL: 6.27 (+0.27), CVRR: 9.23 (-0.50)
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: 11.30 (-0.16), BP: 31.86 (-0.36), PTR: 69.15 (-1.78), CVRR: 9.23 (-0.50)
Williams-Energy Transfer Receives Merger Approval with Conditions
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:56AM CDT
Williams Companies, Inc. (WMB) and Energy Transfer Equity LP (ETE) merger was recently approved by the U.S. Federal Trade Commission, subject to certain conditions.
BAK: 11.30 (-0.16), WMB: 21.80 (-0.24), ETE: 12.87 (-0.07), PTR: 69.15 (-1.78)
TOTAL French Refineries Resuming Work Post Labor Strike
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:37AM CDT
TOTAL's (TOT) refineries in France are gradually resuming normal operations after being hit by labor strikes.
BAK: 11.30 (-0.16), TOT: 46.46 (-0.74), XOM: 90.59 (+0.61), PTR: 69.15 (-1.78)
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: 51.02 (-2.41), BAK: 11.30 (-0.16), PTR: 69.15 (-1.78), CVRR: 9.23 (-0.50)
The Zacks Analyst Blog Highlights: Orchid Island Capital, Saratoga Investment, Ciner Resources, Braskem and Armada Hoffler Properties
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 8:30AM CDT
The Zacks Analyst Blog Highlights: Orchid Island Capital, Saratoga Investment, Ciner Resources, Braskem and Armada Hoffler Properties
BAK: 11.30 (-0.16), AHH: 13.04 (-0.06), CINR: 27.93 (-0.44), SAR: 16.45 (+0.08), ORC: 10.42 (-0.03)
6 Stocks Riding High on Increasing Cash Flow to Buy Now
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:23AM CDT
If profit is a company's goal then cash is the lifeblood needed for its existence, development success.
BAK: 11.30 (-0.16), CINR: 27.93 (-0.44), QVCA: 25.23 (-0.15)
Southwestern Energy to Sell Southwest Appalachia Acreage
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:06AM CDT
Southwestern Energy Company (SWN) announced that it has entered into a definitive agreement with Antero Resources Corporation (AR).
AR: 28.34 (+0.67), BAK: 11.30 (-0.16), NADL: 6.27 (+0.27), SWN: 13.11 (-0.04)
Statoil Strikes Gas at Wildcat Well 30/11-13 in North Sea
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 7:04AM CDT
Statoil ASA (STO) announced that it has completed the drilling of wildcat well 30/11-13.
BAK: 11.30 (-0.16), MDR: 4.60 (-0.14), NADL: 6.27 (+0.27), STO: 16.18 (-0.19)
5 Dividend Stocks to Buy Right Now
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 10:11AM CDT
Dividend stocks are always the investors' darling as they provide steady income and act as a shield against market risks.
BAK: 11.30 (-0.16), AHH: 13.04 (-0.06), CINR: 27.93 (-0.44), SAR: 16.45 (+0.08), ORC: 10.42 (-0.03)
SCANA Announces First Mortgage Bond Offering Worth $500M
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:10AM CDT
SCANA Corporation (SCG) announced that its subsidiary South Carolina Electric & Gas Company sold in a negotiated offering $500 million worth of First Mortgage bonds.
BAK: 11.30 (-0.16), MDR: 4.60 (-0.14), SCG: 71.43 (-0.15), NADL: 6.27 (+0.27)
Shell to Restart Purchase of Crude from Iran After Total
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 8:06AM CDT
Europe's largest energy producer Royal Dutch Shell plc (RDS.A) has decided to restart buying Iranian crude is now grabbing attention
BAK: 11.30 (-0.16), RDS.A: 50.58 (-0.73), SSL: 27.39 (-0.12), TOT: 46.46 (-0.74), PTR: 69.15 (-1.78)
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 (unch), BAK: 11.30 (-0.16), COP: 43.88 (-0.63), CVRR: 9.23 (-0.50)
Hercules Offshore Files for Bankruptcy for the Second Time
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 9:23AM CDT
Hercules Offshore, Inc. (HERO), along with some of its affiliates, has filed chapter 11 proceedings under the U.S. Bankruptcy Code for the District of Delaware after 99.7% of its first-lien lenders voted to endorse the prepackaged bankruptcy plan.
HERO: 1.21 (-0.06), BAK: 11.30 (-0.16), MUSA: 68.99 (-0.98), EPE: 5.33 (-0.06)
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 (unch), BAK: 11.30 (-0.16), CVRR: 9.23 (-0.50), SLB: 77.64 (-0.89)
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 (unch), BAK: 11.30 (-0.16), CVRR: 9.23 (-0.50), STO: 16.18 (-0.19)
Hess Secures a Top Spot in 2016 Newsweek Green Rankings
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 7:57AM CDT
Hess Corporation (HES) was awarded one of the highest rankings in 2016 Newsweek Green Rankings U.S. 500.
BAK: 11.30 (-0.16), MDR: 4.60 (-0.14), HES: 57.49 (-0.21), NADL: 6.27 (+0.27)