Engie Sa (EPA:ENGI) has been assigned a consensus recommendation of "Buy" from the nine brokerages that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The aver
Equinor ASA (EQNR Quick QuoteEQNR ) announced the interruption of its crude oil loading activities at its Sture export terminal, located at the west coast of Norway. As reported by Reuters, oil loading was interrupted after activists from the Extinction Rebellion group broke into the safety zone of the facility.
The protest’s clear message is that all operations related to exploration and transportation of crude oil must be halted. Crude is being transported through pipeline networks from numerous offshore fields to the Sture export facility.
Shares of NuStar Energy L.P. (NS Quick QuoteNS ) have gained 5.4% since second-quarter 2021 earnings announcement on Aug 5.
Despite this industry player’s earnings miss, the firm’s shares rose on a strong business performance and higher throughput volumes as well as a more hopeful sustained rebound in refined product demand in the United States and Mexico for the remainder of 2021.
Behind the Earnings Headlines
Oil pipeline operator NuStar reported second-quarter adjusted earnings per unit of 25 cents, below the Zacks Consensus Estimate of 33 cents.....More>>>
PetroleoBrasileiro S.A.or Petrobras (PBR Quick QuotePBR ) recently announced that it completed the transfer of its 10% stake in the Lapa field to global integrated oil and gas company TotalEnergies (TTE Quick QuoteTTE ) .
The deal, which also included the assignment of Petrobras Netherlands B.V.’s (PNBV) whole interest in Lapa Oil & Gas B.V., a business in Holland, was concluded with the payment of $49.4 million to Petrobras with contract changes.
The Lapa field (BM-S-9A block) has its address in the pre-salt area of the Santos Basin. Its average output in the....More>>>
FuelCell Energy (NASDAQ:FCEL) has been a public company for roughly three decades. However, it has yet to find its footing, marked by negative top-line, bottom-line, and cash flow growth. Since the beginning of the year, its performance has been abysmal, with poor operating results in the first half. The third quarter should be more of the same, which will put more pressure on FCEL stock.
Source: Kaca Skokanova/Shutterstock
FCEL stock has shed more than 45% of its value since the beginning of the year. Its torrid performance is linked to its litigations with Posco Energy and....More>>>
Evolution Petroleum (EPM Quick QuoteEPM ) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
MCO (CURRENCY:MCO) traded 11.4% lower against the US dollar during the 24 hour period ending at 22:00 PM E.T. on August 17th. During the last seven days, MCO has traded 5.5% lower against the US dollar. One MCO coin can now be bought for $9.49 or 0.00021056 BTC on major exchanges. MCO ha
Wells Fargo & Company (WFC Quick QuoteWFC ) recently unveiled a new Accounts Receivable (AR) service, Integrated Receivables, in a bid save the time of firms and resources on manually applied payments. The service uses artificial intelligence, machine learning, and robotic processi
For all the cannabis sector’s promise and growth potential, not much has stirred it market-wise apart from a, shall we say, blunt drop. But, today, I have three bullish cannabis stock predictions for the upcoming year.
Currently, the cannabis market is regulated by states, cre