Valero Energy Corp (NYSE:VLO)

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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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Oil refinery

Valero Profits Jump on Lower Prices for Crude Oil and Corn

Oil refiner Valero Energy Corp. (NYSE: VLO) reported second-quarter 2014 earnings before markets opened Wednesday. Diluted earnings per share (EPS) totaled $1.22, compared with EPS a year ago of $0.84. ...
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Houston Ship Channel

Cowen Remains Bullish on Five Top Oil Refiners for the Rest of the Year

The stunning move by the U.S. Department of Commerce last week to allow the export of condensate products from the United States hit the refining sector hard. Many top firms ...
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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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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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HP_logo

Five Cheap, Large Cap Stocks to Buy for the Rest of the Year

Any way you look at the metrics, from a historical standpoint stocks are expensive. Not late 1999 or 2000 expensive, but very pricey. One of the main reasons most investors ...
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petro chemical plant

Cowen Says Strong Crude Pricing Could Set Up Refiner Buying Opportunity

Despite constant chatter from bears on Wall Street that the price of oil was soon to plummet, it not only has failed to drop, but the price has remained consistently ...
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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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investor research

Top Analyst Upgrades and Downgrades: Anadarko, BroadSoft, Schwab, KBR, Target, Valero and More

With earnings season about 80% complete, investors are looking for the stocks that will make gains and hopefully avoid losses. The markets are close enough to their highs that most ...
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Oil refinery

Valero Aims at 52-Week High on Booming Ethanol Profit

Oil refiner Valero Energy Corp. (NYSE: VLO) reported first-quarter 2014 earnings before markets opened Tuesday. Diluted earnings per share (EPS) totaled $1.54, compared with EPS a year ago of $1.18. ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: AMD, ARM, Barrick, Netflix, Teva, Valero and More

Stocks have recovered from their sell-off as market jitters have dimmed. Now earnings season is in full swing, and investors have to be wondering where the opportunities are -- and ...
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Oil Tanker

Enbridge, Valero Get Approval to Export Crude

Independent oil refiner Valero Energy Corp. (NYSE: VLO) and Canada-based pipeline operator Enbridge Inc. (NYSE: ENB) have been granted licenses from the U.S. Commerce Depart to re-export crude oil ...
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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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Houston Ship Channel

Will Houston Ship Channel Closure Prolong a Spike in Oil and Gasoline Prices?

Houston, Galveston, Baytown and Texas City are supposed to be good for oil and energy. When an accident occurs that shuts down the Houston Ship Channel, it turns out to ...
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walmart-truck

Walmart Gas ‘n Go Opens in Hometown of Bentonville

A new business just opened its doors in Bentonville, Ark., the hometown of Wal-Mart Stores Inc. (NYSE: WMT). The business is called "Walmart To Go" and for now at least ...
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