Exxon (EOM) And Chevron (CVX): The Safey Of Big Oil In A Bad Market
Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That…
Some on Wall St. are concerned that, as the price of oil reaches closer to $100, Big Oil will not do as well as the rising price of crude would indicate. That…
Wall Street analysts covered a few of the alternative energy names today: SunPower (NASDAQ:SPWR was started as an Outperform rating at RBC Capital Markets; LDK Solar (NYSE:LDK) was downgraded to "Market Perform"…
As today is the 20th anniversary of the 1987 stock market crash, 24/7 Wall St. wanted to go back in time to review how the individual DJIA components held up around the…
Valero Energy Corp. (NYSE:VLO) said that tighter refining margins are going to cause the company to miss earnings expectations. The new range of earnings expectations from the company is $1.30 to $1.40,…
Yingli Green Energy Holding Company Limited (NYSE: YGE) amended the joint venture contract with Baoding Tianwei Baobian Electric Co., Ltd. under which Yingli Green Energy will contribute additional capital of US$236.6 million…
This morning Goldman Sachs (NYSE:GS) cut estimates from 2007 to 2009 for corn-based ethanol producers for much of the same reasoning that we have been cautious on the sector. Raser Technologies, Inc.…
Goldman Sachs this morning made some significant "Super-Spike" era calls where it said oil could reach $135 per barrel and noted up to $4.50 per gallon of gasoline at the pump for…
According to Reuters, a group of California gas stations filed suit against Chevron (CVX), Saudi Aramco, and Royal Dutch Shell for price fixing. Reuters writes that Canon (CAJ) is spending another $862…
Chevron Corp. (NYSE:CVX) is set to report earnings on Friday morning. First Call notes that $2.30 EPS is expected on revenues of $50.3 Billion. The company posted EPS of $1.86 last quarter…
Valero (VLO) had refineries in Houston and Krotz Springs, La., down for two weeks this month. Chevron (CVX) closed its El Segundo, Calif., refinery. That could be down for two months. ExxonMobil…
Stock Tickers: ABI, BBSI, BMY, CAP, CLUB, CVX, FCBP, GM, IPG, OMC, MIG, PER, PIR, SKH, SMSI, TRLG ABI raised to Outperform at Baird.BBSI raised to Strong Buy at JMP Securities.BMY raised…
Stock Tickers: VLO, XOM, CVX, COP, SLB, HAL, OIH, HES, PBR, MRO, BHI, RIG, BJS, WMB, GSF, BP, VLO, WFT, NOV, HES Higher and higher oil prices got you down? They definitely…
Stock Tickers: BP, VLO, MRO, BHI, RIG, XOM, CVX, COP, SLB, HAL, OIH The short interest for MAY 2007 is out and the oil and energy patch names is fairly mixed. The…
Jim Cramer talked about refiners and an IPO on today’s STOP TRADING segment on CNBC. He says he is shifting from a Buy to a Sell on the refiners because margins may…