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ConocoPhillips (COP) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2025-07-22 23:01
ConocoPhillips (COP) ended the recent trading session at $92.98, demonstrating a +2.18% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.06% for the day. On the other hand, the Dow registered a gain of 0.41%, and the technology-centric Nasdaq decreased by 0.39%. Shares of the energy company witnessed a loss of 0.77% over the previous month, beating the performance of the Oils-Energy sector with its loss of 3.71%, and underperforming the S&P 500's ga ...
EQT Corporation (EQT) Tops Q2 Earnings Estimates
ZACKS· 2025-07-22 22:46
Group 1: Earnings Performance - EQT Corporation reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of $0.44 per share, compared to a loss of $0.08 per share a year ago, representing an earnings surprise of +2.27% [1] - Over the last four quarters, the company has surpassed consensus EPS estimates four times [2] - The company posted revenues of $1.6 billion for the quarter ended June 2025, missing the Zacks Consensus Estimate by 10.81%, compared to year-ago revenues of $1.18 billion [2] Group 2: Stock Performance and Outlook - EQT shares have increased approximately 16.1% since the beginning of the year, outperforming the S&P 500's gain of 7.2% [3] - The current consensus EPS estimate for the coming quarter is $0.66 on revenues of $1.98 billion, and for the current fiscal year, it is $3.37 on revenues of $8.37 billion [7] - The estimate revisions trend for EQT was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Group 3: Industry Context - The Oil and Gas - Exploration and Production - United States industry is currently in the bottom 28% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that tracking these revisions can be beneficial for investors [5]
Weatherford (WFRD) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-22 22:46
Core Viewpoint - Weatherford (WFRD) reported quarterly earnings of $1.87 per share, significantly exceeding the Zacks Consensus Estimate of $0.97 per share, marking an earnings surprise of +92.78% [1][2] Financial Performance - The company achieved revenues of $1.2 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.94%, although this represents a decline from year-ago revenues of $1.41 billion [2] - Over the last four quarters, Weatherford has consistently surpassed consensus EPS estimates, achieving this four times [2] Stock Performance - Weatherford shares have declined approximately 25.4% since the beginning of the year, contrasting with the S&P 500's gain of 7.2% [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.44 on revenues of $1.22 billion, and for the current fiscal year, it is $4.90 on revenues of $4.82 billion [7] - The trend of estimate revisions for Weatherford was unfavorable prior to the earnings release, which may impact future stock movements [6] Industry Context - The Oil and Gas - Field Services industry, to which Weatherford belongs, is currently ranked in the bottom 5% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8]
Range Resources (RRC) Q2 Earnings and Revenues Top Estimates
ZACKS· 2025-07-22 22:36
Range Resources (RRC) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.20%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $0.9 per share when it actually produced earnings of $0.96, delivering a surprise of +6.67%.Over the last four ...
Matador Resources (MTDR) Tops Q2 Earnings Estimates
ZACKS· 2025-07-22 22:31
Matador Resources (MTDR) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.29 per share. This compares to earnings of $2.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.61%. A quarter ago, it was expected that this independent oil and gas company would post earnings of $1.74 per share when it actually produced earnings of $1.99, delivering a surprise of +14.37%.Over the last ...
SANDRIDGE ENERGY, INC. ANNOUNCES APPOINTMENT OF BRETT ICAHN TO THE BOARD OF DIRECTORS
Prnewswire· 2025-07-22 21:04
OKLAHOMA CITY, July 22, 2025 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE: SD) today announced that Brett Icahn will become a director of the Company effective August 1, 2025, increasing the Board size to six members.Brett Icahn (age 45) is a respected American investor and portfolio manager, currently serving as a member of the board of Icahn Enterprises L.P. and a Portfolio Manager at Icahn Capital LP, a subsidiary of Icahn Enterprises. Icahn Enterprises is a diversified hol ...
Expand Energy (EXE) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-07-22 15:07
The market expects Expand Energy (EXE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Archrock Inc. (AROC) to Report Q2 Results: Wall Street Expects Earnings Growth
ZACKS· 2025-07-22 15:06
The market expects Archrock Inc. (AROC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, ...
Reconnaissance Energy Africa prepares to spud Kavango West 1X well in Namibia
Proactiveinvestors NA· 2025-07-22 12:38
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
X @Bloomberg
Bloomberg· 2025-07-22 12:20
At least three large oil and gas companies have walked away from an initiative seeking to put the industry on a credible path toward net zero emissions https://t.co/QaeOWL8zlA ...