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ConocoPhillips: Strong Buy

7h seekingalpha
ConocoPhillips (COP) remains my top energy rebound bet for 2018. The energy company recently announced a 7.5 percent increase in its cash dividend, and I continue to see outsize upside potential for ConocoPhillips' free cash flow in a rising oil environment. The U.S. economy is in great shape and oil prices are in an upward trend, which supports the long investment thesis. An investment in ConocoPhillips yields ~2. (9-0)

U.S. Crude Supplies Jump but Product Stocks Fall Sharply

2018-03-16 zacks
The U.S. Energy Department's inventory release showed that crude stockpiles recorded a massive weekly build as domestic oil production reached another all-time high. However, product inventories (gasoline and distillate) fell sharply, which offset the bearish impact of the crude oil inventory increase. (42-0)

Petrobras (PBR) Q4 Earnings Beat, Revenues Miss Estimates

2018-03-16 zacks
Brazil's state-run energy giant Petróleo Brasileiro S.A. (PBR - Free Report) or Petrobras announced fourth-quarter earnings per ADR of 20 cents, beating the Zacks Consensus Estimate of 18 cents. However, the bottom line fell by a penny year over year. (3-0) highlights: Copart, Haemonetics, Surmodics, Holdings and ConocoPhillips

2018-03-16 zacks
Chicago, IL – March 16, 2018 - Stocks in this week’s article include: Copart, Inc. (CPRT - Free Report) , Haemonetics Corporation (HAE - Free Report) , Surmodics, Inc. (SRDX - Free Report) , Holdings, Inc. (ALRM - Free Report) and ConocoPhillips (COP - Free Report) . (34-0)

Eni's Record Nooros Gas Field Production Drives Total Yield

2018-03-16 zacks
Eni SpA (E - Free Report) boosted production at Nooros gas field to 32 million cubic meters per day or about 215,000 barrels of oil equivalent per day (boe/d). The production level marks the highest in ten decades by an Eni field in Egypt. The level was achieved owing to the commissioning of the NW-7, the 13th well within this field. The production will be boosted when a 14th well, currently under drilling, is brought online by June 2018. (3-0)

Statoil (STO) to Remove "Oil" From Name, Rebrand as Equinor

2018-03-16 zacks
Statoil ASA (STO - Free Report) wants to rebrand itself as Equinor. The board of directors of the company wants to take out the "oil" from the name, expecting the move to reflect the company's growing interest and reach beyond petroleum. (18-0)

Here's Why You Should Buy EOG Resources Stock Right Now

2018-03-15 zacks
On Mar 15, EOG Resources, Inc. (EOG - Free Report) was upgraded to a Zacks Rank #1 (Strong Buy). (3-0)

TransCanada's (TRP) Cameron Access Project Comes Online

2018-03-15 zacks
TransCanada Corporation (TRP - Free Report) recently announced that its Cameron Access project came online in Southwest Louisiana, as the Federal Energy Regulatory Commission upheld the company’s request to commence service of the project. The project is expected to improve the company's capacity to ship natural gas, produced in North America, to the export markets. (21-0)

ExxonMobil (XOM) to Delay Tax Payments in Australia Till 2021

2018-03-15 zacks
ExxonMobil Corporation (XOM - Free Report) recently attended an Australian Senate hearing for not paying taxes since 2013. Per the hearing, which forms part of a broader investigation related to corporate tax avoidance in Australia, the oil giant has evaded tax payments despite reporting large income from operations in the country. ExxonMobil stated that it is in a tax loss position mainly because of $21-billion capital investment in the country over the last 10 years. (47-0)

5 Top-Ranked Efficient Stocks to Boost Your Portfolio

2018-03-15 zacks
Companies with favorable efficiency levels are likely to be on investors’ radar irrespective of market conditions. After all, efficiency is a potential indicator of a company’s financial health. (13-0)

Pioneer Natural Halts West Panhandle Output Due to Fire

2018-03-14 zacks
Pioneer Natural Resources Company (PXD - Free Report) recently reported that a fire broke out at a compressor station in its West Panhandle field, in Texas. The incident took place on Mar 6, 2018. The company reported no impairments connected to the incident. (30-0)

Exxon Mobil Corporation Stock Is Too Cheap to Ignore

2018-03-14 investorplace
I’ve never been a fan of Exxon Mobil Corporation (NYSE:XOM) stock. I’ve never thought Exxon stock was a bad play, necessarily. Rather, I’ve just long struggled to see much of a bull case. (200-0)

Oil Majors Vie for Market Share Amid Growing Climate Concerns

2018-03-14 zacks
After misleading shareholders, politicians and the public regarding the risks of global warming from the usage of fossil fuel products like oil, natural gas and coal, major energy companies are under pressure to find ways to reduce it. Concerns about climate change and extreme weather events such as hurricanes, wildfires and droughts are on the rise. According to scientists, these calamities are a result of global warming. (36-0)

Statoil to Plough in Over $642M in Askeladd Field Project

2018-03-14 zacks
Statoil ASA (STO - Free Report) recently announced its decision to invest more than NOK 5 billion or $642 million for development purposes of its Askeladd field, located in the Barents Sea. The produced gas and condensate will be provided from the Askeladd field development, the second phase of the multi-phased Snøhvit development, to the liquefied natural gas (LNG) plant at Melkøya in Hammerfest, one of the world’s most energy-efficient LNG facilities. (15-0)

W&T (WTI) to Drill Several Well Locations in Gulf of Mexico

2018-03-13 zacks
W&T Offshore, Inc. (WTI - Free Report) has recently signed a deal with a group of investors for upstream operations across the Gulf of Mexico. (11-0)

CUSIP: 20825C104