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Posts related to ‘MPC’

Bull and Bear figures

24/7 Wall St. Closing Bell — Tuesday: Markets Mixed at Open, Closes Slightly Higher

U.S. equity markets opened mixed this morning as investors weighed conflicting data from the U.S., Europe, and Asia. In Europe, retail sales declined more than expected in Germany, Italy’s unemployment ...
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Oil refinery

Valero, Marathon Earnings Continue to Impress

Oil refiners Marathon Petroleum Corp. (NYSE: MPC) and Valero Energy Corp. (NYSE: VLO) reported first-quarter 2013 results before markets opened this morning. Marathon posted diluted earnings per share (EPS) of ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — Monday: Markets Open Higher, S&P Closes on New High

U.S. equity markets opened higher this morning after the U.S. Department of Commerce reported that personal income and spending both rose by 0.2%, which was slightly higher than expected for ...
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petro chemical plant

Oppenheimer Calls Sell-Off in Refiners a Buying Opportunity (HFC, HEP, MPC, PSX, COP, TSO, VLO)

After Leading the S&P 500 and the energy sector for the past two years, and into the first quarter of this year, the U.S. refining sector hit a rough patch ...
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Oil refinery

Outlook Remains Rosy for Refiners (TSO, MPC, PSX, ALJ, WNR, CVI, VLO, DK, HFC, HES)

Share prices appreciated by at least 80% for most major crude oil refiners in 2012, a far better performance than turned in by the integrated oil companies, the oil services ...
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Drilling Rig

The Best Value in Energy Stocks for the Rest of 2013 (XOM, CVX, BP, CHK, EOG, SLB, HAL, BHI, NOV, RIG, ESV, VLO, PSX, MPC)

In the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to ...
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Oil refinery

Refiners Riding Valero’s Coattails

BP, Texas City refineryWhen oil refiner Valero Energy Corp. (NYSE: VLO) reported a big earnings beat this morning, it was almost inevitable that the halo would also appear above ...
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Oil barrel

Seaway Pipeline Open for Business

Crude oil transportation on the Seaway pipeline resumed today at the pipeline’s full capacity of 400,000 barrels a day now available to shippers wanting to move crude from the storage ...
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Oil price fall graphic

Oil and Gas Outlook 2013: Costs Could Put Upward Pressure on Prices

Looking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets was certainly a contender, as was the huge ...
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Oil pumpjack

Crude Oil Up, Industry Players Tag Along

Last night’s agreement on a fiscal cliff deal is lifting the commodities markets this morning, especially for crude oil. Traders are reacting to the now-lessened chance of a global recession ...
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Offshore drill rig

Oil and Gas 2013 Outlook: Big Winners and Losers Ahead

Looking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets is certainly a contender, as is the huge ...
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Gasoline pump

Valero Updates Retail Spin-Off Plans

When Valero Energy Corp. (NYSE: VLO) reported second quarter earnings last July, the company said it would seek a tax-efficient spin-off of its retail business. In a presentation to investors ...
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Wall St Bull statue

The 10 Best S&P 500 Stocks of 2012 (PHM, S, WHR, EXPE, LEN, MPC, GILD, BAC, TSO, STZ)

The list of the best stocks of 2012 on the S&P 500 Index is one which makes sense in some cases and doesn't in other cases. Some of these are ...
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24/7 Wall St. Closing Bell — November 21, 2012: Markets Hold Onto Modest Gains (EV, MPC, YUM, HPQ, COH, KID, CRM, ZLC, DE, NOK, STJ, GRPN)

U.S. equity markets opened slightly higher this morning following another week with more than 400,000 new claims for jobless benefits (more coverage here) and weak news from Japan on exports. ...
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Top Analyst Upgrades and Downgrades (AMX, COH, EV, HTWR, HP, HPQ, LNCO, MPC, MDT, NYX, OSK, PMT, WY, YUM)

These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Wednesday. With tomorrow being one of America's top holidays, there will be ...
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