Phillips 66 (NYSE:PSX)

petro chemical plant

What Warren Buffett Sees in Phillips 66 That You Don’t

Investing in energy has been tricky of late. Almost all aspects of the energy patch have traded handily lower. One group that has held up in the panic has been ...
Read Full Story »
Shell Port Arthur TX refinery

Deutsche Bank Raises Price Targets on 4 Top Refiners to Buy

Clearly in the energy sector it has been a huge struggle for exploration and production stocks, as well as the oil services stocks. One area that has consistently outperformed this ...
Read Full Story »
124668669

Why Warren Buffett Continues to Dump His Exposure to Oil and Oil Stocks

Being the richest man in the world and being able to have a long-term investing horizon of 20 to 100 years must come with some privilege. It is no wonder ...
Read Full Story »
Buffet

Key Changes in Warren Buffett and Berkshire Hathaway Stock Holdings

Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) have released the official equity holdings of Berkshire Hathaway as of June 30, 2015. It has been the case for years now ...
Read Full Story »
oil storage terminal

Will Other Refiners Follow Marathon and Hike Dividends?

Oil refiner Marathon Petroleum Corp. (NYSE: MPC) announced at noon on Wednesday that its board has authorized a dividend increase from a current level of $0.25 per share to $0.32 ...
Read Full Story »
walmart-store-front-blue

10 Big Family Business Stocks That Beat the Market

Wall Street always looks for an edge when deciding what stocks to recommend. One of the most unusual angles that investors have likely never fully considered is family-owned companies. An ...
Read Full Story »
Casino Entrance

Insider Buying Solid as Market Retreats From Record Highs

Despite the shortened trading week and the markets again hitting and falling back from record highs, the insider buying has stayed very consistent as we head into the summer. Some ...
Read Full Story »
Bull and Bear

Top Analyst Upgrades and Downgrades: Ambarella, eBay, Rite Aid, TiVo, Yahoo, Valero, Virtu and More

Stocks were looking for a slightly positive opening on Wednesday, an effort to unseat recent market weakness. The one trend that is now nearly four years old is that investors ...
Read Full Story »
dividends

The Top 10 Dividend Stocks of Warren Buffett and Berkshire Hathaway

With the bull market now more than six years old, investors are looking for value and means of keeping upside in the stock market with at least some degree of ...
Read Full Story »
petro chemical plant

Oil Refining Stocks Rise on Swelling Margins

Most oil refining companies have seen their shares post 52-week highs since the beginning of the year. Low crude prices translate into low costs for refiners, and now that pump ...
Read Full Story »
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. ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
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. ...
Read Full Story »
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 ...
Read Full Story »