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Zacks News
Ovintiv Completes $2.3B Montney Asset Acquisition in Alberta
by Zacks Equity Research
OVV finalizes its Montney asset acquisition, adding considerable net acres and oil output to its portfolio.
ExxonMobil Expands Guyana Oil Output, Eyes 2.3M BPD by 2030
by Zacks Equity Research
XOM is ramping up oil production in Guyana. It aims to reach 2.3 million barrels per day by 2030 as it taps into 40 reservoirs in the Stabroek Block.
Halliburton Lands a Major Offshore Drilling Contract From Petrobras
by Zacks Equity Research
HAL secures its largest drilling contract from Petrobras for several offshore fields in Brazil, expanding its drilling services footprint.
Diamondback Energy Announces $4.45B Drop-Down Deal With Viper
by Zacks Equity Research
FANG to sell mineral and royalty interest to Viper in a cash and stock deal to reduce debt after a $26 billion acquisition of Endeavor Energy Resources.
RPC Q4 Earnings In Line, Revenues Beat on Lower Costs
by Zacks Equity Research
RES Q4 earnings and revenues ride on improved pressure pumping activity, partially offset by higher selling, general and administrative costs.
ExxonMobil's Q4 Earnings Top Estimates on Higher Production
by Zacks Equity Research
XOM Q4 earnings gain on production growth from its Guyana and Permian Basin resources. Revenues decline year over year due to lower commodity price realizations.
Zacks.com featured highlights include JAKKS Pacific, G-III Apparel, Sunoco, The Greenbrier Companies and ChampionX
by Zacks Equity Research
JAKKS Pacific, G-III Apparel, Sunoco, The Greenbrier Companies and ChampionX are part of the Zacks Screen of the Week article.
Valero Energy's Q4 Earnings Beat on Higher Renewable Diesel Margins
by Zacks Equity Research
VLO Q4 earnings and revenues decline year over year, primarily due to lower refining margins per barrel of throughput.
Invest in These 5 Price-to-Sales Stocks to Capitalize on Market Trends
by Rajani Lohia
The price-to-sales ratio is a convenient tool to gauge the value of stocks incurring losses or in an early development cycle. Stocks like JAKK, GIII, SUN, GBX and CHX hold promise.
Kinder Morgan Announces the Advancement of $1.7B Gas Pipeline in Texas
by Zacks Equity Research
KMI announces the $1.7B Trident pipeline project in Katy, set to deliver 1.5B cubic feet of natural gas daily by 2027, driven by growing energy demand in Texas.