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Posts related to ‘SUN’

As Crude Prices Fall, Are Refiners Going to Benefit? (HFC, WNR, VLO, TSO, MPC, PSX, SUN)

Posted: May 7, 2012 at 9:57 am

As of about 9:30 this morning, Brent crude is trading at its lowest price in three months, and the price differential between Brent and WTI crude closed to about $12/barrel ...
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Does Delta Make Sense as an Oil Refiner?

Posted: May 1, 2012 at 8:04 am

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
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24/7 Wall St. Closing Bell (TRP, DMD, ARII, CHK, KFT, DG, KALU, LDK, HUM, SNH, SOHU, ACI, ADM, RATE, BRCM, DPZ, ODP, PFE, SIRI, VLO, BKS, SUN, PAY)

Posted: April 30, 2012 at 4:13 pm

The major US stock indexes opened slightly lower this morning and continued drifting lower all day. The Chicago PMI report got the day started on the wrong foot, showing a ...
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ETP Acquires Sunoco for $5.3 Billion (ETP, SUN, ETE, SXL)

Posted: April 30, 2012 at 8:56 am

Energy Transfer Partners L.P. (NYSE: ETP) announced this morning that it will acquire Sunoco Inc. (NYSE: SUN) in a cash and common unit deal worth $5.3 billion. The transaction gives ...
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What’s Important in the Financial World (4/10/2012) Sony Loses More Money, Northeast Refineries Shut

Posted: April 10, 2012 at 6:48 am

The Sony (NYSE: SNE) train wreck continues. The Japanese company has appointed a new CEO and will fire 10,000 workers. But annual earnings for the fiscal year are much worse than ...
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Drop In Refineries Threatens Higher Gas Prices

Posted: April 10, 2012 at 6:20 am

There is a relatively new reason to believe gas prices will rise, at least in part of the US. CNNMoney reports that almost 50% of the gas refinery capacity in ...
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Delta Airlines Considers Buying an Oil Refinery (DAL, COP, SUN, HES)

Posted: April 5, 2012 at 7:26 am

In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for ...
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Top Analyst Upgrades & Downgrades (AMGN, NLY, GPC, GOOG, LPNT, LULU, NUAN, SUN, YHOO, YNDX)

Posted: March 6, 2012 at 8:09 am

These are some of this Tuesday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Amgen Inc. (NASDAQ: AMGN) Cut to Market Perform at Bernstein. Annaly Capital Management, Inc. ...
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24/7 Wall St. Top Analyst Calls of the Week (BX, APO, CMA, DELL, DANG, EXM, FSLR, GILD, LVLT, ERIC, MAR, ORCL, SUN, VVUS, WBMD)

Posted: February 25, 2012 at 7:31 am

Each weekend we review the many analyst calls we track during the week.  Some turn out to be very insightful and some turn out to be not so great.  For ...
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Top Analyst Upgrades & Downgrades (ARMH, AVB, GCI, DECK, FSLR, FST, MNST, MAR, NBR, POL, RRGB, SUN, CRM, TGT, TSL)

Posted: February 24, 2012 at 8:22 am

These are some of this Friday's top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. ARM Holdings PLC (NASDAQ: ARMH) Started as Overweight at Piper Jaffray. AvalonBay Communities, ...
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Identifying Value In Refining Stocks (MPC, VLO, MUR, HFC, SUN, TSO, WNR, MRO)

Posted: September 8, 2011 at 11:29 am

The refining business has been in the news a lot recently for two things. One, it's making money again. Two, integrated oil companies are shedding refining assets at a rapid ...
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Media Digest (9/7/2011) Reuters, WSJ, NYTimes, FT

Posted: September 7, 2011 at 6:19 am

Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure ...
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Can Sunoco Shed its Refineries? (SUN, MRO, MPC, COP, VLO, RDS-A, MUR)

Posted: September 6, 2011 at 11:44 am

Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the money-making parts ...
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Expanded SunCoke IPO Unlocks Sunoco Value (SXC, SUN)

Posted: July 21, 2011 at 7:48 am

SunCoke Energy, Inc. (NYSE: SXC) has announced the pricing of its initial public offering of 11,600,000 shares of common stock at $16.00 per share.  As a reminder, SunCoke Energy will ...
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Sunoco Expands Coking Unit IPO (SUN, SXC)

Posted: July 6, 2011 at 9:12 am

Sunoco Inc. (NYSE: SUN) has announced a revised and expanded initial public offering for its SunCoke Energy Inc. business.  The company expects to issue 11.6 million shares of common stock ...
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