Quantcast

Posts related to ‘Refining margins’

Chevron Earnings Report Highlights Refining Sector Sweet Spot

Chevron Corp. (NYSE: CVX) managed to beat earnings despite a large drop in revenue. The oil giant reported earnings of $3.66 per share, some $0.42 better than the consensus estimate ...
Read Full Story »

Refining Sector Woes Going From Challenging To Worse (TSO, VLO, MPC, WNR, CVI, XOM, CVX, COP, BP)

One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance for the fourth quarter, projecting a loss of -$0.55 to ...
Read Full Story »

Gasoline Prices Continue Falling… More Cash for Holiday Gifts

As the price for WTI crude oil continues to hover around $100/barrel, up from about $75/barrel just two months ago, consumers are seeing pump prices fall. The latest survey from ...
Read Full Story »

Refiners Getting Squeezed (VLO, HOC, FTO, TSO, MRO, XOM, CVX, COP)

As crude oil prices continue their steady trend above $100/barrel, US refiners are preparing for the worst. Actually, the worst is already here, in the form of spiking prices. Worse ...
Read Full Story »

Valero Leads Off for Refiners on Profits and Revenue (VLO, TSO, MRO, FTO, WNR, SNP, PTR)

Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning's release is a lot better than a year ago, when diluted ...
Read Full Story »

Chevron’s Warning: A Warning-Lite, With Refining Twist (CVX, XOM, COP, VLO)

Chevron Corp. (NYSE: CVX) is apparently neither immune to international currency issues nor to swings in the oil patch despite oil  prices being higher year-over-year. The company has issued a ...
Read Full Story »

Chevron Expects Improved Profits on Refining Gains (CVX, BP, XOM, COP)

Chevron Corp. (NYSE: CVX) has released its interim update for the 2010 second quarter ahead of its earnings release scheduled for July 30th. Chevron expects earnings to rise about first ...
Read Full Story »