Sasol Ltd (SSL) 26.12 $SSL
Petrobras' Pension Fund Needs Cash Infusion of $4.8 Billion
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:51AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) announced that its employee pension fund, Petros, has accumulated 22.6 billion reais ($6.8 billion) in unfunded liabilities as of the end of 2015.
PBR: 6.74 (-0.47), BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07)
New Strong Buy Stocks for June 24th
Swarup Gupta - Zacks Investment Research - Fri Jun 24, 6:41AM CDT
New Strong Buy Stocks for June 24th
MDR: 4.80 (-0.33), QRVO: 54.94 (-3.34), SSL: 26.12 (-2.07), RY: 59.39 (-3.04), LPX: 16.79 (-0.71)
Encana (ECA) to Divest Gordondale Assets for C$625 Million
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:55AM CDT
Canadian oil and gas producer Encana Corporation (ECA) has entered into an agreement to divest its Gordondale assets in northwestern Alberta to Birchcliff Energy for C$625 million.
BAK: 11.39 (-0.63), ECA: 7.81 (-0.51), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07)
QEP Resources Prices Stocks to Fund Permian Acquisition
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:15AM CDT
QEP Resources Inc. (QEP), a leading independent energy company, announced the pricing of 20,000,000 shares of its common stock.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), QEP: 17.32 (-1.37), SSL: 26.12 (-2.07)
Shell and Gazprom Reach Agreement on Baltic LNG Project
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 9:01AM CDT
Integrated energy major, Royal Dutch Shell plc (RDS.A) and Russian gas giant Gazprom recently signed a memorandum of understanding for the Baltic LNG project.
MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
Noble Corp Fleet Status Report: Two Rig Contracts Terminated
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:47AM CDT
Noble Corporation (NE) announced that it has reached an agreement with its customer Freeport-McMoRan Oil & Gas LLC and its parent company, Freeport-McMoRan Inc. for the early termination of the drilling contracts for two of its drillships.
SOL: 1.19 (-0.05), SSL: 26.12 (-2.07), CVRR: 8.16 (-0.13), NE: 8.68 (-0.85)
Petrobras May Divest Majority Stake in Gas Pipeline for $6B
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:42AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest an 81% stake in a natural gas pipeline network to a group led by Brookfield Asset Management Inc.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
Seadrill (SDRL) Settles Second Debt-for-Equity Exchange
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 9:24AM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) reported that it has completed the issuance of 7,500,000 new shares of its common stock.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07), SDRL: 3.38 (-0.03)
PetroChina Upgraded to Strong Buy on Solid Fundamentals
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 9:07AM CDT
On Jun 10, 2016, Zacks Investment Research upgraded PetroChina Co. Ltd. (PTR) to a Zacks Rank #1 (Strong Buy).
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), BHP: 27.23 (-2.17), PTR: 65.75 (-5.79)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), PTEN: 20.41 (-1.20), PTR: 65.75 (-5.79)
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: 11.39 (-0.63), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), TOT: 45.60 (-4.32), PTR: 65.75 (-5.79)
Fluor Corporation's 10 Top-Valued Projects Highlight EPC Giant's Role in Nuclear, Oil & Gas Markets, an Industrial Info News Alert
Marketwire Canada - Tue Jun 07, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 7, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking 278 active projects that involve engineering, procurement and construction (EPC) leader Fluor Corporation (NYSE:FLR) (Irving, Texas) in some capacity, which have a total investment value (TIV) of $227.04 billion. The 10 highest-valued alone represent a diverse set of industries -- Oil & Gas; Power; Chemical Processing; Metals & Minerals; and Industrial Manufacturing -- and account for nearly half of the TIV.
74.17 (+0.22), GE: 29.82 (-1.37), JEC: 49.67 (-3.43), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), FLR: 48.78 (-4.20), CVX: 101.90 (-2.54), SO: 51.19 (+0.13)
Sasol Limited: Preliminary Findings of the Lake Charles Chemicals Project Review
PR Newswire - Mon Jun 06, 12:56AM CDT
In March 2016, Sasol announced that it would be undertaking a detailed review of the Lake Charles Chemicals Project (LCCP), after deciding to pace the execution of the project to support the Company's low oil price Response Plan. At that time, there were early indications that the overall end-of-job cost was under pressure, and since the project engineering was at an advanced stage, sufficient information was available to proceed with a detailed project review.
SSL: 26.12 (-2.07)
Sasol Limited: Trading Statement for the Financial Year Ending 30 June 2016
PR Newswire - Mon Jun 06, 12:55AM CDT
In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported will differ by at least 20% from the financial results for the previous corresponding period.
SSL: 26.12 (-2.07)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), CVRR: 8.16 (-0.13), SLB: 76.66 (-2.93)
TOTAL (TOT) to Expand Via Gulf Africa Petroleum Asset Buy
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:19AM CDT
TOTAL (TOT) will further expand its operations in Africa by acquiring Gulf Africa Petroleum Corporation's assets. The transaction is however subject to approval.
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), TOT: 45.60 (-4.32), PTR: 65.75 (-5.79)
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"
, has filed a petition with the Public Service Commission of South Carolina (SCPSC).
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), SGY: 8.32 (-0.46), CVRR: 8.16 (-0.13)
Petrobras' Pension Fund Needs Cash Infusion of $4.8 Billion
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:51AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) announced that its employee pension fund, Petros, has accumulated 22.6 billion reais ($6.8 billion) in unfunded liabilities as of the end of 2015.
PBR: 6.74 (-0.47), BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07)
New Strong Buy Stocks for June 24th
Swarup Gupta - Zacks Investment Research - Fri Jun 24, 6:41AM CDT
New Strong Buy Stocks for June 24th
MDR: 4.80 (-0.33), QRVO: 54.94 (-3.34), SSL: 26.12 (-2.07), RY: 59.39 (-3.04), LPX: 16.79 (-0.71)
Encana (ECA) to Divest Gordondale Assets for C$625 Million
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:55AM CDT
Canadian oil and gas producer Encana Corporation (ECA) has entered into an agreement to divest its Gordondale assets in northwestern Alberta to Birchcliff Energy for C$625 million.
BAK: 11.39 (-0.63), ECA: 7.81 (-0.51), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07)
QEP Resources Prices Stocks to Fund Permian Acquisition
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:15AM CDT
QEP Resources Inc. (QEP), a leading independent energy company, announced the pricing of 20,000,000 shares of its common stock.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), QEP: 17.32 (-1.37), SSL: 26.12 (-2.07)
Shell and Gazprom Reach Agreement on Baltic LNG Project
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 9:01AM CDT
Integrated energy major, Royal Dutch Shell plc (RDS.A) and Russian gas giant Gazprom recently signed a memorandum of understanding for the Baltic LNG project.
MDR: 4.80 (-0.33), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
Noble Corp Fleet Status Report: Two Rig Contracts Terminated
Zacks Equity Research - Zacks Investment Research - Fri Jun 17, 8:47AM CDT
Noble Corporation (NE) announced that it has reached an agreement with its customer Freeport-McMoRan Oil & Gas LLC and its parent company, Freeport-McMoRan Inc. for the early termination of the drilling contracts for two of its drillships.
SOL: 1.19 (-0.05), SSL: 26.12 (-2.07), CVRR: 8.16 (-0.13), NE: 8.68 (-0.85)
Petrobras May Divest Majority Stake in Gas Pipeline for $6B
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 9:42AM CDT
Brazil's state-run energy giant Petroleo Brasileiro S.A. or Petrobras (PBR) is reportedly planning to divest an 81% stake in a natural gas pipeline network to a group led by Brookfield Asset Management Inc.
PBR: 6.74 (-0.47), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07), PBFX: 22.31 (-0.14)
Seadrill (SDRL) Settles Second Debt-for-Equity Exchange
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 9:24AM CDT
Hamilton, Bermuda-based offshore drilling firm SeaDrill Limited (SDRL) reported that it has completed the issuance of 7,500,000 new shares of its common stock.
BAK: 11.39 (-0.63), MDR: 4.80 (-0.33), SSL: 26.12 (-2.07), SDRL: 3.38 (-0.03)
PetroChina Upgraded to Strong Buy on Solid Fundamentals
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 9:07AM CDT
On Jun 10, 2016, Zacks Investment Research upgraded PetroChina Co. Ltd. (PTR) to a Zacks Rank #1 (Strong Buy).
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), BHP: 27.23 (-2.17), PTR: 65.75 (-5.79)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), PTEN: 20.41 (-1.20), PTR: 65.75 (-5.79)
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: 11.39 (-0.63), RDS.A: 51.62 (-3.55), SSL: 26.12 (-2.07), TOT: 45.60 (-4.32), PTR: 65.75 (-5.79)
Fluor Corporation's 10 Top-Valued Projects Highlight EPC Giant's Role in Nuclear, Oil & Gas Markets, an Industrial Info News Alert
Marketwire Canada - Tue Jun 07, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 7, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info is tracking 278 active projects that involve engineering, procurement and construction (EPC) leader Fluor Corporation (NYSE:FLR) (Irving, Texas) in some capacity, which have a total investment value (TIV) of $227.04 billion. The 10 highest-valued alone represent a diverse set of industries -- Oil & Gas; Power; Chemical Processing; Metals & Minerals; and Industrial Manufacturing -- and account for nearly half of the TIV.
74.17 (+0.22), GE: 29.82 (-1.37), JEC: 49.67 (-3.43), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), FLR: 48.78 (-4.20), CVX: 101.90 (-2.54), SO: 51.19 (+0.13) Sasol Limited: Preliminary Findings of the Lake Charles Chemicals Project Review
PR Newswire - Mon Jun 06, 12:56AM CDT
In March 2016, Sasol announced that it would be undertaking a detailed review of the Lake Charles Chemicals Project (LCCP), after deciding to pace the execution of the project to support the Company's low oil price Response Plan. At that time, there were early indications that the overall end-of-job cost was under pressure, and since the project engineering was at an advanced stage, sufficient information was available to proceed with a detailed project review.
SSL: 26.12 (-2.07)
Sasol Limited: Trading Statement for the Financial Year Ending 30 June 2016
PR Newswire - Mon Jun 06, 12:55AM CDT
In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported will differ by at least 20% from the financial results for the previous corresponding period.
SSL: 26.12 (-2.07)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), CVRR: 8.16 (-0.13), SLB: 76.66 (-2.93)
TOTAL (TOT) to Expand Via Gulf Africa Petroleum Asset Buy
Zacks Equity Research - Zacks Investment Research - Wed Jun 01, 9:19AM CDT
TOTAL (TOT) will further expand its operations in Africa by acquiring Gulf Africa Petroleum Corporation's assets. The transaction is however subject to approval.
BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), TOT: 45.60 (-4.32), PTR: 65.75 (-5.79)
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"
, has filed a petition with the Public Service Commission of South Carolina (SCPSC). BAK: 11.39 (-0.63), SSL: 26.12 (-2.07), SCG: 72.24 (+0.89), CVRR: 8.16 (-0.13)
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: 11.39 (-0.63), SSL: 26.12 (-2.07), SGY: 8.32 (-0.46), CVRR: 8.16 (-0.13)
