Phillips 66 (NYSE:PSX)

petro chemical plant

Deutsche Bank Raises Price Targets on 4 Top Refiners

While crude oil pricing has been a cruel mistress for the large integrateds and the independent exploration and production companies, it has been serving the refiners quite well, thank you. ...
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Oil pipeline

Phillips 66 Partners Holds Secondary Offering to Fund Acquisitions

Midstream master limited partnership (MLP) Phillips 66 Partners L.P. (NYSE: PSXP) on Tuesday priced an underwritten secondary offering of 5.25 million limited partnership units at $75.50 per common unit. The ...
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Buffet

Meet the 2015 Warren Buffett and Berkshire Hathaway Stocks

Berkshire Hathaway Inc. (NYSE: BRK-A) has made its quarterly filing with the Securities & Exchange Commission for its holdings as of December 31, 2014. For all practical purposes, this filing is ...
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Kinder Morgan pipeline

Can the Williams Buyout Help Save Interest in MLPs?

The Williams Companies Inc. (NYSE: WMB) and Williams Partners L.P. (NYSE: WPZ) announced Monday morning that the companies had closed the merger between Williams Partners and Access Midstream Partners L.P. ...
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Oil refinery

How Long Can Valero, Phillips 66 Turn Cheaper Crude Into Profits?

Oil refiner Valero Energy Corp. (NYSE: VLO) reported fourth-quarter and full-year 2014 earnings before markets opened Thursday. Quarterly adjusted diluted earnings per share (EPS) totaled $1.83, compared with EPS a ...
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down market

The 52-Week Low Club for Wednesday

January 14, 2015: Here are four stocks among the 342 equities making new 52-week lows today. Freeport-McMoRan Inc. (NYSE: FCX) posted a new 52-week low on Wednesday of $17.85. Based ...
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186723229

The World’s Top 10 Oil Companies

The price of a barrel of West Texas Intermediate (WTI) crude oil has fallen from more than $100 a barrel in late June to less than $60 a barrel. While ...
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Oil refinery

Refineries Not Acting How They Should With Falling Oil Prices

Dropping crude oil prices recently have had a large impact on the oil and gas sector, resulting in falling share prices for major oil companies. However, there is a silver lining for the ...
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Fuel pump in fuel tank

Is This Becoming the Second Worst Oil Chart of the Modern Era?

Finding a bottom in the price of oil has become an elusive game of cat and mouse -- or maybe a game of dollars versus logic. What is amazing to ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: Allstate, Hecla, Hertz, MGIC, Nokia, Office Depot, P&G and More

Stocks were soft Monday morning on news that Japan is effectively back in recession. Still, investors have proven repeatedly that they will buy stocks that are discounted or those they ...
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Buffet

Significant Changes in Buffett and Berkshire Hathaway Holdings

Berkshire Hathaway Inc. (NYSE: BRK-A) has released its public equity holdings as of September 30, 2014. Warren Buffett’s portfolio has recently undergone some radical changes on the surface, some of ...
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Oil refinery

Phillips 66 Earnings Double, Revenue Slips

Phillips 66 (NYSE: PSX) reported its third-quarter results Wednesday before the U.S. markets opened as $2.02 in earnings per share on $41.05 billion in revenue. Thomson Reuters had consensus estimates ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: BlackBerry, Chevron, Exxon, SanDisk, Clorox and More

Stocks were soft on Tuesday on a day with very light news and little economic data. Investors still remain eager to find bargains or overlooked equity stories. 24/7 Wall St. ...
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Buffet

Major Portfolio Changes for Warren Buffett and Berkshire Hathaway

Berkshire Hathaway Inc. (NYSE: BRK-A) released its public equity holdings as of June 30, 2014. Warren Buffett's different portfolio holdings have not been changing much of late, but it turns ...
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153715598

Gasoline Prices Continue Slide Despite Falling Crude Inventory

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.7 million barrels last week, maintaining a total U.S. commercial ...
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