Sasol Ltd (SSL) 27.78 $SSL
Is This the Right Time to Sell Western Refining (WNR) Stock?
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 9:58AM CDT
On Jul 5, Zacks Investment Research downgraded oil refiner and marketer Western Refining Inc. (WNR) to a Zacks Rank #5 (Strong Sell).
BAK: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), WNR: 21.04 (+0.42)
Tesoro Affiliate Acquires Refinery Business in North Dakota
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:58AM CDT
Tesoro Refining & Marketing Company LLC, an affiliate of independent refiner Tesoro Corp. (TSO), has purchased Dakota Prairie Refining, LLC. The acquired company is an oil refinery in southwestern North Dakota with strategic access to advantaged Bakken crude oil.
SSL: 27.78 (+0.60), TSO: 76.21 (+2.21), MDU: 24.07 (+0.03), CLMT: 4.68 (+0.16)
Energy Transfer (ETE) Terminates Merger Deal with Williams
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:53AM CDT
Texas-based pipeline company Energy Transfer Equity L.P. (ETE) reported the termination of its merger agreement with natural gas pipeline company Williams Companies, Inc. (WMB).
SSL: 27.78 (+0.60), WPT: 16.20 (+0.29), WMB: 22.17 (+1.44), ETE: 15.94 (+0.44)
Technip's 10 Top-Valued Projects Show Strong Role in Onshore, Offshore, LNG Markets, an Industrial Info News Alert
Marketwired - Tue Jun 28, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 28, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Technip S.A. (Paris, France), a leading engineering, project management and construction company for the global energy market, is doing strong business amid the downturn in oil prices. The company reported a total backlog of roughly 15 billion euros at the end of the previous quarter -- down from last year, but spread across onshore and offshore projects, as well as technology, consulting and equipment work. Industrial Info's project database is tracking 273 projects, worth $145.35 billion, that involve Technip in some capacity; about 93% of the total investment value is attributed to just three industries: Oil & Gas Production, Petroleum Refining, and Chemical Processing.
ETP: 38.49 (+0.31), SSL: 27.78 (+0.60), TOT: 48.72 (+1.04), STO: 17.68 (+0.44)
Chevron Announces 20% Plunge in Vaca Muerta Drilling Costs
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:39AM CDT
Integrated major Chevron Corporation (CVX) reported that cost of drilling wells at Vaca Muerta shale play have plunged by 20% in 2016, thereby enabling it and its partners to better meet their spending objectives.
BAK: 11.25 (+0.07), SSL: 27.78 (+0.60), YPF: 19.73 (+0.44), CVX: 106.93 (+1.54)
Energy Transfer (ETE) Gets Permission to Exit Williams Deal
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:37AM CDT
Texas pipeline company Energy Transfer Equity L.P. (ETE) is no longer bound by its agreement to buy rival natural gas pipeline company Williams Companies, Inc. (WMB), according to the recent ruling by the Supreme Court of Delaware.
BAK: 11.25 (+0.07), SSL: 27.78 (+0.60), WMB: 22.17 (+1.44), ETE: 15.94 (+0.44)
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: 8.10 (+0.33), BAK: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60)
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: 5.12 (+0.22), QRVO: 58.10 (+0.37), SSL: 27.78 (+0.60), RY: 60.64 (+1.08), LPX: 18.81 (+0.46)
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: 11.25 (+0.07), ECA: 8.13 (+0.51), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60)
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: 11.25 (+0.07), MDR: 5.12 (+0.22), QEP: 18.34 (+0.72), SSL: 27.78 (+0.60)
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: 5.12 (+0.22), RDS.A: 55.77 (+0.89), SSL: 27.78 (+0.60), PBFX: 21.75 (-0.12)
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: 1.26 (+0.01), SSL: 27.78 (+0.60), CVRR: 6.69 (-0.04), NE: 8.70 (+0.58)
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: 8.10 (+0.33), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), PBFX: 21.75 (-0.12)
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: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), SDRL: 3.25 (+0.21)
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: 11.25 (+0.07), SSL: 27.78 (+0.60), BHP: 30.84 (+0.99), PTR: 70.48 (+1.89)
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: 11.25 (+0.07), SSL: 27.78 (+0.60), PTEN: 21.66 (+0.96), PTR: 70.48 (+1.89)
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: 11.25 (+0.07), RDS.A: 55.77 (+0.89), SSL: 27.78 (+0.60), TOT: 48.72 (+1.04), PTR: 70.48 (+1.89)
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.
77.68 (-0.47), GE: 32.43 (+0.22), JEC: 53.09 (+1.24), SSL: 27.78 (+0.60), SCG: 73.91 (-0.96), FLR: 53.16 (+1.12), CVX: 106.93 (+1.54), SO: 53.14 (-0.65)
Is This the Right Time to Sell Western Refining (WNR) Stock?
Zacks Equity Research - Zacks Investment Research - Tue Jul 05, 9:58AM CDT
On Jul 5, Zacks Investment Research downgraded oil refiner and marketer Western Refining Inc. (WNR) to a Zacks Rank #5 (Strong Sell).
BAK: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), WNR: 21.04 (+0.42)
Tesoro Affiliate Acquires Refinery Business in North Dakota
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:58AM CDT
Tesoro Refining & Marketing Company LLC, an affiliate of independent refiner Tesoro Corp. (TSO), has purchased Dakota Prairie Refining, LLC. The acquired company is an oil refinery in southwestern North Dakota with strategic access to advantaged Bakken crude oil.
SSL: 27.78 (+0.60), TSO: 76.21 (+2.21), MDU: 24.07 (+0.03), CLMT: 4.68 (+0.16)
Energy Transfer (ETE) Terminates Merger Deal with Williams
Zacks Equity Research - Zacks Investment Research - Wed Jun 29, 9:53AM CDT
Texas-based pipeline company Energy Transfer Equity L.P. (ETE) reported the termination of its merger agreement with natural gas pipeline company Williams Companies, Inc. (WMB).
SSL: 27.78 (+0.60), WPT: 16.20 (+0.29), WMB: 22.17 (+1.44), ETE: 15.94 (+0.44)
Technip's 10 Top-Valued Projects Show Strong Role in Onshore, Offshore, LNG Markets, an Industrial Info News Alert
Marketwired - Tue Jun 28, 6:30AM CDT
SUGAR LAND, TX--(Marketwired - Jun 28, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Technip S.A. (Paris, France), a leading engineering, project management and construction company for the global energy market, is doing strong business amid the downturn in oil prices. The company reported a total backlog of roughly 15 billion euros at the end of the previous quarter -- down from last year, but spread across onshore and offshore projects, as well as technology, consulting and equipment work. Industrial Info's project database is tracking 273 projects, worth $145.35 billion, that involve Technip in some capacity; about 93% of the total investment value is attributed to just three industries: Oil & Gas Production, Petroleum Refining, and Chemical Processing.
ETP: 38.49 (+0.31), SSL: 27.78 (+0.60), TOT: 48.72 (+1.04), STO: 17.68 (+0.44)
Chevron Announces 20% Plunge in Vaca Muerta Drilling Costs
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:39AM CDT
Integrated major Chevron Corporation (CVX) reported that cost of drilling wells at Vaca Muerta shale play have plunged by 20% in 2016, thereby enabling it and its partners to better meet their spending objectives.
BAK: 11.25 (+0.07), SSL: 27.78 (+0.60), YPF: 19.73 (+0.44), CVX: 106.93 (+1.54)
Energy Transfer (ETE) Gets Permission to Exit Williams Deal
Zacks Equity Research - Zacks Investment Research - Mon Jun 27, 8:37AM CDT
Texas pipeline company Energy Transfer Equity L.P. (ETE) is no longer bound by its agreement to buy rival natural gas pipeline company Williams Companies, Inc. (WMB), according to the recent ruling by the Supreme Court of Delaware.
BAK: 11.25 (+0.07), SSL: 27.78 (+0.60), WMB: 22.17 (+1.44), ETE: 15.94 (+0.44)
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: 8.10 (+0.33), BAK: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60)
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: 5.12 (+0.22), QRVO: 58.10 (+0.37), SSL: 27.78 (+0.60), RY: 60.64 (+1.08), LPX: 18.81 (+0.46)
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: 11.25 (+0.07), ECA: 8.13 (+0.51), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60)
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: 11.25 (+0.07), MDR: 5.12 (+0.22), QEP: 18.34 (+0.72), SSL: 27.78 (+0.60)
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: 5.12 (+0.22), RDS.A: 55.77 (+0.89), SSL: 27.78 (+0.60), PBFX: 21.75 (-0.12)
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: 1.26 (+0.01), SSL: 27.78 (+0.60), CVRR: 6.69 (-0.04), NE: 8.70 (+0.58)
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: 8.10 (+0.33), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), PBFX: 21.75 (-0.12)
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: 11.25 (+0.07), MDR: 5.12 (+0.22), SSL: 27.78 (+0.60), SDRL: 3.25 (+0.21)
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: 11.25 (+0.07), SSL: 27.78 (+0.60), BHP: 30.84 (+0.99), PTR: 70.48 (+1.89)
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: 11.25 (+0.07), SSL: 27.78 (+0.60), PTEN: 21.66 (+0.96), PTR: 70.48 (+1.89)
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: 11.25 (+0.07), RDS.A: 55.77 (+0.89), SSL: 27.78 (+0.60), TOT: 48.72 (+1.04), PTR: 70.48 (+1.89)
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.
77.68 (-0.47), GE: 32.43 (+0.22), JEC: 53.09 (+1.24), SSL: 27.78 (+0.60), SCG: 73.91 (-0.96), FLR: 53.16 (+1.12), CVX: 106.93 (+1.54), SO: 53.14 (-0.65) 
