Southwestern Energy (SWN) Q1 Loss Narrower than Expected
Zacks Equity Research - Zacks Investment Research - Fri Apr 22, 9:29AM CDT
Independent natural gas operator, Southwestern Energy Company (SWN) reported first-quarter 2016 adjusted loss of 8 cents per share, narrower than the Zacks Consensus Estimate of a loss of 20 cents.
PTR: 67.32 (+0.19), SWN: 14.26 (-0.17), VNR: 1.38 (+0.03)
Core Laboratories (CLB) Q1 Earnings in Line, Revenues Lag
Zacks Equity Research - Zacks Investment Research - Thu Apr 21, 10:06AM CDT
Oilfield services company Core Laboratories N.V.'s (CLB) first-quarter 2016 adjusted diluted earnings of 37 cents per share came in line with the Zacks Consensus Estimate.
PTR: 67.32 (+0.19), CLB: 114.37 (-0.97), VNR: 1.38 (+0.03)
Petrobras' Subsalt Polygon Unit Extraction Costs Decrease
Zacks Equity Research - Zacks Investment Research - Wed Apr 20, 9:54AM CDT
Petroleo Brasileiro SA (PBR) or Petrobras, one of the largest integrated energy firms in Latin America, announced that the unit extraction costs from the Brazil's Subsalt Polygon declined about 7% in 2015.
PBR: 9.41 (+0.04), PTR: 67.32 (+0.19), VNR: 1.38 (+0.03)
McDermott (MDR) Amends Senior Secured Credit Agreement
Zacks Equity Research - Zacks Investment Research - Wed Apr 20, 9:51AM CDT
Offshore oil and gas-focused engineering and construction firm, McDermott International Inc. (MDR) has amended its Senior Secured Credit Agreement
MDR: 5.22 (+0.02), PTR: 67.32 (+0.19), VNR: 1.38 (+0.03)
The Zacks Analyst Blog Highlights: Baker Hughes, Transocean Partners, World Point Terminals, OMV Aktiengesellschaft and Murphy USA
Zacks Equity Research - Zacks Investment Research - Tue Apr 19, 8:30AM CDT
The Zacks Analyst Blog Highlights: Baker Hughes, Transocean Partners, World Point Terminals, OMV Aktiengesellschaft and Murphy USA
RIGP: 11.65 (-0.08), WPT: 15.54 (+0.11), MUSA: 73.10 (-0.44), BHI: 50.42 (-0.23)
4 Oil Stocks to Buy Despite Doha Disappointment
Swarup Gupta - Zacks Investment Research - Mon Apr 18, 10:37AM CDT
The threat of another descent for oil prices may have been blown out of proportion despite disappointment in Doha.
RIGP: 11.65 (-0.08), WPT: 15.54 (+0.11), MUSA: 73.10 (-0.44), BHI: 50.42 (-0.23)
TOTAL (TOT) Extends Tie with KOGAS, Expands LNG Operation
Zacks Equity Research - Zacks Investment Research - Fri Apr 15, 2:40PM CDT
TOTAL S.A. (TOT) extended its tie-up with Korea Gas Corporation, which allowed it to explore opportunities throughout the LNG value chain.
SSL: 26.25 (-0.14), TOT: 48.60 (+0.30), PTR: 67.32 (+0.19)
ExxonMobil Slashes CEO Compensation by 18% to Cut Costs
Zacks Equity Research - Zacks Investment Research - Thu Apr 14, 1:15PM CDT
U.S. energy behemoth ExxonMobil Corporation (XOM) has announced that R.W. Tillerson, its Chairman and CEO, has received total compensation worth $27.30 million for 2015.
SSL: 26.25 (-0.14), XOM: 87.63 (-0.21), PTR: 67.32 (+0.19)
Marathon Oil (MRO) to Sell Non-Core Assets Worth $950M
Zacks Equity Research - Zacks Investment Research - Tue Apr 12, 10:40AM CDT
Leading upstream energy player Marathon Oil Corporation (MRO) reported that it has inked deals to sell some of its non-core assets for $950 million.
SSL: 26.25 (-0.14), MRO: 15.63 (-0.36), PTR: 67.32 (+0.19)
Shell to Reduce Capital Spending to Combat Oil Price Slump
Zacks Equity Research - Zacks Investment Research - Mon Apr 11, 1:30PM CDT
According to a report recently published by Reuters, integrated energy major Royal Dutch Shell plc (RDS.A) might be compelled to reduce its annual spending below $30 billion to survive the oil price slump and to be able to maintain its dividend.
RDS.A: 49.99 (+0.23), SSL: 26.25 (-0.14), PTR: 67.32 (+0.19)
Shell, Inpex to Invest in Masela's Onshore LNG Project
Zacks Equity Research - Zacks Investment Research - Mon Mar 28, 12:00PM CDT
Integrated energy major Royal Dutch Shell plc (RDS.A) and Japanese oil firm Inpex Corporation remain committed to proceed with the construction of Indonesia's onshore Masela liquefied natural gas (LNG) plant.
BAK: 14.43 (+0.81), RDS.A: 49.99 (+0.23), VNR: 1.38 (+0.03)
Suncor Acquires Canadian Oil Sands, Shares to Delist This Week
Zacks Equity Research - Zacks Investment Research - Tue Mar 22, 2:15PM CDT
Suncor Energy Inc. (SU), Canada's largest energy firm, announced that it has completed the acquisition of Canadian Oil Sands Ltd. after minority shareholders voted in favor of the takeover.
SU: 27.89 (+0.13), XOM: 87.63 (-0.21)
Petrobras Likely to Sell Controlling Stake in BR Distribuidora
Zacks Equity Research - Zacks Investment Research - Mon Mar 21, 2:15PM CDT
According to a report recently published by Reuters, Petr??leo Brasileiro S.A. or Petrobras (PBR), is planning to divest the controlling stake in its retail and distribution arm, BR Distribuidora SA.
PBR: 9.41 (+0.04), GTE: 2.86 (-0.03)
3 Reasons Why OMV Aktiengesellschaft (OMVJF) is a Great Value Stock - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Fri Jun 19, 7:44AM CDT
OMV Aktiengesellschaft can be an incredible value stock as this looks to be a stock that is very well-positioned for gains in the near term
Why OMV Aktiengesellschaft (OMVJF) Could Shock the Market Soon - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Tue Apr 28, 7:34AM CDT
OMV Aktiengesellschaft is an integrated oil and gas stock that looks well positioned for a solid gain, but has been overlooked by investors lately