Fastenal (NASDAQ: FAST) came out with quarterly earnings of $0.50 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago. These figures are adjusted for non-recurring items.
ConocoPhillips (NYSE: COP) received approval from the U.K. and Norway authorities for the development and operation of the Tommeliten A field in the North Sea.
Equinor ASA EQNR entered an agreement to acquire battery storage developer East Point Energy LLC, marking its entry into the U.S. power market through flexible assets.
The agreement backs Equinor's strategy of a clean energy economy and would provide a forum to expand its contributions in the United States.