17 ноября, 16:21

New Strong Sell Stocks for November 17th

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Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

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16 ноября, 18:15

Better Buy: Enbridge Inc vs. Kinder Morgan, Inc.

These two North American energy infrastructure giants go head-to-head.

09 ноября, 21:00

Big Oil Back To Boosting Shareholder Returns

Thanks to huge cost cuts across the board and recent oil price improvement, Big Oil exited the survival mode in which it had languished for three years, and the pressure is on again to boost shareholder returns by removing the scrip dividends and resuming share buybacks. Trying to maintain dividends while they were heavily bleeding cash at the beginning of the downturn, all of Europe’s Big Oil resorted to scrip dividends and suspended share buybacks. The only oil major that actually cut its dividend was Italy’s Eni, which reduced its…

09 ноября, 19:42

PDVSA Months Behind On Payments To India’s Biggest Oil Producer

While bondholders of PDVSA debt are waiting to receive the latest bond payment from Venezuela’s cash-strapped state oil firm, the company is six months behind in payments to the largest Indian oil producer ONGC, two sources close to the transactions have told Reuters. Since April, PDVSA has failed to pay dividends to ONGC for the Indian company’s investment in an energy project in Venezuela, for a total backlog of some US$540 million, according to the sources. ONGC’s overseas investment arm ONGC Videsh confirmed to Reuters that…

09 ноября, 00:49

U.S. Weekly Oil Output Hits All-Time High

Government data indicates American output hit an all-time high last week, signaling the resilience of North American drilling as oil prices begin another recovery. The U.S. produced 9.62 million barrels of oil per day through November 3rd, the Energy Information Administration (EIA) said today, overtaking the previous high that occurred back in June 2015. The agency’s Petroleum Status Report from last week said exports hit an all-time high at two million bpd as well. The combined effect of the reports sent West Texas Intermediate…

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09 ноября, 00:44

Citi: Don’t Expect OPEC To Extend Production Cuts

Citigroup predicts that companies planning to profit off of an OPEC deal extension next month are setting themselves up to be disappointed. So far, most hedge funds bet that Brent futures will rise as a result of an agreement extension that will extend 1.2 million barrels per day worth of cuts through 2018. The bloc’s November 30th meeting in Vienna may not deliver its public promises though, the bank says. “There is an exuberance in the market about there being a done deal to extend through the end of 2018 and I think there’s…

07 ноября, 16:29

Enbridge (ENB) Beats Earnings & Revenue Estimates in Q3

Higher liquid delivery volumes drive Enbridge's (ENB) Q3 numbers.

07 ноября, 16:16

Enbridge Energy (EEP) Q3 Earnings Miss, Revenues Fall Y/Y

Lower income from segments negatively impact Enbridge Energy's (EEP) third-quarter 2017 results.

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03 ноября, 23:23

House Tax Bill Prefers Fossil Fuels Over Green Energy

So far, the House tax bill, passed wholly by the Republican party, picks the winners and losers in the energy industry. Wind power and other green energy actors are the losers in this new economic model, according to leading economic analysis. Oil, gas, and nuclear power are proffered, on the other hand, making either energy source preferred to hydropower or any of its green cousins. "It's a dirty tax deal for dirty energy," Jeff Tittel, of the New Jersey Sierra Club, told ABC News. "Trump's tax bill is a clear assault on renewable energy…

03 ноября, 23:17

Enbridge Line 3 Faces Dakota Access-Style Opposition

Enbridge’s Line 3 pipeline should progress as planned, despite the intense scrutiny it faces in Minnesota as an oil and gas project, according to new reports emerging from the area. “A lot of the people here are from Standing Rock, and learned a lot about what happens when people stand together, and the power of that, and the creation of a global movement,” says Tara Zhaabowekwe Houska in a Makwa Camp video. The Standing Rock Sioux tribe resisted efforts by Energy Transfer Partners to build a pipeline without a proper environmental…

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13 октября, 19:07

Pioneer (PXD) Output Jumps in Q3 as Permian Work Ramps Up

Although Pioneer Natural's (PXD) Q3 output was lower than the Zacks Consensus Estimate, production surged sequentially and year over year.

13 октября, 18:20

Enbridge Strongly Opposes Minnesota Board's View on Line 3

Enbridge (ENB) wants to increase safety and capacity in its Line 3 oil pipeline in Minnesota.

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13 октября, 17:45

Williams Partners to Expand Footprint in West Virginia

With a contract for gathering and processing works from Southwestern Energy, Williams Partners (WPZ) is expected to generate fee-based revenues.

13 октября, 17:03

Tullow to Gain from Ivory Coast Onshore Block Acquisition

Tullow (TUWOY) increases its presence in Ivory Coast with its latest onshore acquisition.

13 октября, 16:18

Enterprise Products (EPD) Hikes Quarterly Cash Distribution

Enterprise Products Partners' (EPD) board of directors announces a 4.3% year-over-year increase in its quarterly cash distribution.

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12 октября, 18:19

Why Hold Strategy is Apt for Apache (APA) Stock Right Now

Apache's geographically diversified reserve base will offset commodity pricing weakness.

11 октября, 20:03

Ormat Technologies Powers 2nd Geothermal Unit in Indonesia

Ormat Technologies (ORA) to benefit from strong backlog and international operations as it powers second unit of Sarulla geothermal power plant in Indonesia.