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Is Subsea 7 (SUBCY) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growt…
Is Galp Energia (GLPEY) Stock Outpacing Its Oils-Energy Peers This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Galp Energia SGPS SA (GLPEY) is a stock that can certainly grab the attention of many investors, but do its recent retu…
Subsea 7 SA (ACGYF) (Q2 2026) Earnings Call Highlights: Record Backlog and Raised Guidance ...
This article first appeared on GuruFocus. Revenue: $1.9 billion in Q2 2026, up 10% year-on-year; first half revenue of $3.7 billion, up 13% year-on-year. Adjusted EBITDA: $471 million in Q2 2026, up 31% year-on-year. Adjusted EBITDA Margin…
Saipem and Subsea7 Progress Merger Amid Saudi Asset Sale
Saipem SpA SAPMF has taken two significant steps in strengthening its long-term growth strategy. The company has secured regulatory approval in Brazil for its proposed merger with Subsea 7 S.A. SUBCY while simultaneously announcing the sal…
Subsea7 Secures String Music Development Contract in the U.S. Gulf
Subsea7 S.A. SUBCY announced that it has secured a contract to work for the String Music development in the U.S. Gulf. The contract has been awarded by Murphy Exploration & Production Company, an affiliate company of Murphy Oil. SUBCY ment…
BP Q1 Earnings Beat Estimates on Strong Oil Trading Contribution
BP p.l.c. BP delivered an earnings beat in the first quarter of 2026, helped by standout downstream and trading contributions. The company reported earnings of $1.24 per American Depositary Share on a replacement-cost basis, up 134.0% from…
Eni Q1 Earnings Miss Estimates on Refining and Chemicals Loss
Eni S.p.A E reported first-quarter 2026 adjusted earnings from continuing operations of 81 cents per American Depository Receipt, which missed the Zacks Consensus Estimate of $1.13. The bottom line declined from the year-ago quarter’s 92 c…
SLB Q1 Earnings Beat on Digital Growth & ChampionX Contributions
SLB SLB reported first-quarter 2026 earnings of 52 cents per share (excluding charges and credits), which beat the Zacks Consensus Estimate of 51 cents by 1.96%. The bottom line declined 28% from 72 cents in the year-ago quarter. The oilfi…
WFRD Q1 Earnings Top Estimates on Well Construction Segment's Strength
Weatherford International WFRD delivered first-quarter 2026 earnings of $1.49 per share, reflecting a 44.7% increase from $1.03 in the year-ago period. The bottom line topped the Zacks Consensus Estimate of $1.02 by 46.1%. Quarterly revenu…
Seadrill Wins New Drillship Contracts, Drives Backlog Growth
Seadrill Limited SDRL, an offshore drilling contractor, has landed two contract awards from LLOG Exploration Company in the Gulf of America. LLOG Exploration Company, a subsidiary of Harbour Energy, has awarded a 270-day contract to the We…
EQT Q1 Earnings & Revenues Top Estimates on Higher Sales Volumes
EQT Corporation EQT reported first-quarter 2026 adjusted earnings from continuing operations of $2.33 per share, which beat the Zacks Consensus Estimate of $2.23. The bottom line increased from the year-ago quarter’s figure of $1.18. Adjus…
FTI Stock Trading at a Higher ROIC to Industry at 19.5%: How to Play?
TechnipFMC plc FTI is strengthening its position as a high-quality offshore services player, driven by better execution, expanding margins and improving returns on invested capital (“ROIC”), which stand at 19.5%, more than double the sub-i…
Subsea 7 (SUBCY) Upgraded to Strong Buy: What Does It Mean for the Stock?
Subsea 7 SA (SUBCY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this ratin…
Here are three stocks with buy rank and strong income characteristics for investors to consider today, April 16: Chord Energy Corporation CHRD: This company, which is rapidly ascended as a leading E&P entity in the Williston Basin, has wit…
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Subsea 7 SUBCY: This company, which operates as an engineering, construction and services contractor to the offshore energy industry worldwide, has seen the Zacks Con…
ExxonMobil & Partners Plan to Begin Deepwater Drilling Offshore Greece
Exxon Mobil Corporation XOM, Energean plc and Helleniq Energy intend to sign an agreement with Stena Drilling to pursue exploration activities offshore Greece, per a Reuters report. The exploratory drilling will be conducted in an offshore…
Are Investors Undervaluing Subsea 7 (SUBCY) Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at val…
Hormuz Is Still in Dire Straits. 2 Oil-Services Stocks That Could Benefit.
Iran has discovered that controlling the Strait of Hormuz “is probably a much more powerful deterrent than being a threshold nuclear power ever was.” Continue Reading
Eni Encounters Major Gas and Condensate Reserves in Temsah Concession
Eni S.p.A. E, an Italian integrated energy company, announced a new gas and condensate discovery in Egypt at the Denise W 1 exploration well. The exploration well was drilled in the Temsah Concession off the coast of the Eastern Mediterran…
ExxonMobil-QatarEnergy JV Helps Italy Offset LNG Supply Gap
Exxon Mobil Corporation XOM and QatarEnergy’s joint venture, the Golden Pass LNG facility in Texas, will begin supplying liquefied natural gas (LNG) to Italy from June, per a Reuters report. Golden Pass LNG recently began production and is…
Subsea7 Secures New Contract for the Aseng Gas Monetisation Project
Subsea7 S.A. SUBCY has been awarded a contract by Noble Energy EG Ltd. for subsea installation work on the Aseng Gas Monetisation Project. Noble Energy is a subsidiary of Chevron Corporation CVX, the U.S.-based energy supergiant. The contr…
ExxonMobil-QatarEnergy JV Starts LNG Output at Texas Facility
Exxon Mobil Corporation XOM and QatarEnergy’s joint venture, Golden Pass LNG, have begun production of liquefied natural gas at the new Sabine Pass facility in Texas. Golden Pass LNG’s CEO highlighted that the start of production at the ne…
Eni Withdraws From Offshore Gas Exploration Consortium in Israel
Eni S.p.A E, an Italian integrated energy company, stepped away from a consortium that was seeking to explore natural gas offshore Israel. The consortium consisted of Eni, Dana Petroleum and Ratio Energies, and the remaining partners will…
Should Value Investors Buy Subsea 7 (SUBCY) Stock?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly l…
Shell Warns of Possible Energy Shortage in Europe Amid Supply Shocks
The British energy giant, Shell plc’s SHEL CEO, Wael Sawan, warned that an energy crisis may hit Europe as soon as next month. The warning reflects energy shortage concerns due to the ongoing conflict in the Middle East. The conflict has r…
Here is Why Growth Investors Should Buy Subsea 7 (SUBCY) Now
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, t…
Venture Global Expands LNG Portfolio, Signs New Agreement With Vitol
Venture Global, Inc. VG, a U.S.-based liquefied natural gas (LNG) exporter, recently announced that it has signed an agreement with Vitol, a multinational energy and commodities trading company, for the sale of approximately 1.5 million to…
Weatherford: Offshore & Completions Growth Drives a Durable Cycle
Weatherford International plc WFRD is positioning for a multi-year offshore recovery, supported by improving deepwater activity across key basins. Management highlighted early signs of strengthening demand in regions such as Brazil and the…
Equinor Expands Barents Sea Potential With New Oil Discovery
Equinor ASA EQNR, a Norwegian integrated energy company, announced a new oil discovery in the Barents Sea, which will be tied to the Johan Castberg field. The Johan Castberg field is located in the Barents Sea, with Equinor as its operator…
BP Agrees to Divest Gelsenkirchen Refinery Assets to Klesch Group
BP plc BP, the British energy major, announced that it has signed an agreement to sell off the Gelsenkirchen refinery and its associated businesses to Klesch Group, an independent refiner in Europe. The financial details of the transaction…
W&T Offshore Q4 Loss Wider Than Expected, Revenues Increase Y/Y
W&T Offshore,Inc. WTI reported a fourth-quarter 2025 adjusted loss of 14 cents per share, wider than the Zacks Consensus Estimate of a loss of 9 cents. The bottom line improved from the year-ago quarter’s reported loss of 18 cents. Total q…
Has TechnipFMC (FTI) Outpaced Other Oils-Energy Stocks This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. FMC Technologies (FTI) is a stock that can certainly grab the attention of many investors, but do its recent returns co…
Venture Global Reaches FID and Secures $8.6B for CP2 LNG Phase 2
Venture Global, Inc. VG, a U.S.-based liquefied natural gas (LNG) exporter, announced that it has reached a final investment decision (FID) for the second phase of its third LNG project, CP2 LNG, in Louisiana. The company mentioned that it…
Subsea 7 (SUBCY) Forms 'Hammer Chart Pattern': Time for Bottom Fishing?
A downtrend has been apparent in Subsea 7 SA (SUBCY) lately. While the stock has lost 8.3% over the past two weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that th…
Repsol Signs Strategic Deals With Venezuela to Boost Gas Production
Repsol S.A. REPYY, a Spanish energy and petrochemical company, recently signed strategic agreements with Venezuela to produce hydrocarbons in the South American nation. The acting president of the country, Delcy Rodriguez, has mentioned th…
Equinor Flags Production Limits Amid Global Energy Supply Shortage
Equinor ASA EQNR, Norway’s state-owned integrated energy company, stated that it cannot increase its oil and gas output amid global supply disruptions tied to the U.S.-Iran conflict. Global oil supply is experiencing a severe shortfall due…