Phillips 66 (NYSE:PSX)

Oil Tanker

Ban on Exporting U.S. Crude Oil Is Essentially Over

When the U.S. Department of Commerce ruled that Enterprise Products Partners L.P. (NYSE: EPD) and Pioneer Natural Resources Co. (NYSE: PXD) could begin exporting condensate, U.S. oil refiners' stocks were ...
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investing

Key Stocks With Insider Buying This Week

When markets are making new all-time highs, any insider buying is always noteworthy. This week was no exception as some new people stepped up to the plate and other long-time ...
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oil storage terminal

Why U.S. Refiners Are Getting Crushed on Oil Export Allowance

With a positive change in one location, you often get a negative reaction elsewhere. It is true in the stock market and the economy, almost like a financial yin and ...
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walmart-truck

Fortune 500 Companies Reach All-Time Sales Record

The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course, a new ...
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Buffet

Big Portfolio Changes for Warren Buffett and Berkshire Hathaway

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio. ...
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oil rig

Exxon, Chevron, Conoco: What to Expect From Earnings

The top two public oil and gas companies in the world, according to Platts Top 250 rankings from last October, are Exxon Mobil Corp. (NYSE: XOM) and Chevron Corp. (NYSE: ...
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petro chemical plant

Phillips 66 Asset Sale, Exports Drive Profit

Oil refiner Phillips 66 (NYSE: PSX) reported first-quarter 2014 earnings before markets opened Wednesday. The company reported adjusted diluted earnings per share (EPS) of $1.47, compared with EPS a year ...
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Oil pumpjack

Conoco Sets Goal for Double-Digit Shareholder Returns

At its analyst meeting in New York City Thursday, ConocoPhillips (NYSE: COP) reaffirmed its goal of delivering double-digit annual returns to investors by growing production by 3% to 5% a ...
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petro chemical plant

UBS Says the Best Is Yet to Come for U.S. Refiners

While the battle rages on Wall Street on which way the price of oil ultimately goes, investors in the refiners are watching close for a blowout in the difference between ...
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Stock Split Image

Buyback ETF Manager Has Three Top Buyback Stocks Now

Some investors love dividends, while others prefer share buybacks to drive the shares higher through time. Some investors love both. 24/7 Wall St. recently had a chance to speak with ...
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oil storage terminal

U.S. Crude Exports Have Virtually Started

The 1970s ban on exporting U.S. crude oil may or may not be lifted, but that is not going to slow down the export of what we might call ‘near-crude’. ...
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Warren Buffett

Meet the 2014 Warren Buffett and Berkshire Hathaway Stocks

As many consider Warren Buffett to be the greatest investor of modern times, investors want to know any time there are big changes in the Berkshire Hathaway Inc. (NYSE: BRK-A) ...
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Oil pumpjack

Crude Oil Tops $100 a Barrel Again; Energy Stocks Hit

WTI crude oil futures for March delivery topped $100 a barrel on the Nymex Monday after a brief stop at that level last Friday, and there’s every reason to believe ...
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Monkey evil

Top Analyst Upgrades and Downgrades: Ford, Green Mountain, Lennar, Twitter and More

February is proving to be volatile after a down January, and investors and analysts alike are trying to adjust their outlooks for the year. 24/7 Wall St. reviews dozens of ...
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oil storage terminal

Valero Earnings Propped Up by Ethanol; Phillips 66 Gets No Such Help

Oil refiner Valero Energy Corp. (NYSE: VLO) reported fourth-quarter and full-year 2013 earnings before markets opened Wednesday. Adjusted earnings per share (EPS) for the quarter totaled $1.78, which excludes a ...
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