12:18pm ET
Energy
Gasoline Prices Set for Steady Decline
ThinkstockToday’s U.S. gasoline pump prices are at their lowest point since the end of January. At a national average of $3.40 a gallon, the price has dropped by $0.19 a gallon since…
MPC Coverage Page 17
9:05am ET
Energy
Credit Suisse Stocks to Sell: A List of Crowded Shorts in Energy Not to Own
ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a…
8:35am ET
Investing
Top Analyst Downgrades and Stocks to Sell: Beazer, Model N, Sprouts and More
Jon OggVolatility in the stock market is back and interest has risen handily from the lows. Now investors are looking for ideas for stocks they should buy, as well as which stocks…
8:25am ET
Energy
UBS Has Prepared a Syrian Conflict Guide to Oil and Gas Stocks
ThinkstockWith the increasing likelihood of a U.S.-led military intervention in Syria, the oil markets have become volatile. Brent prices rose to as high as $117 a barrel last week. The price strength…
8:10am ET
Investing
Goldman Sachs Has 10 Stocks to Buy with 30% to 60% Upside
ThinkstockWith the S&P 500 trading at near record highs, and the internals starting to look a little wobbly, it is important to be very careful in picking stocks now. Goldman Sachs market…
8:05am ET
Commodities & Metals
Cowen Says to Buy the Top Independent Refining Stocks on Weakness
ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude differentials and escalating renewable identification number (RIN) costs.…
4:04pm ET
Investing
Closing Bell for Friday on Wall Street: Markets Open Lower, Climb Higher by Close
August 2, 2013: U.S. equity markets opened lower this morning following a mixed report on U.S. employment. The monthly report on personal income and outlays was also a mixed bag, with core…
8:05am ET
Investing
Top Analyst Downgrades and Stocks to Sell: ADP, Broadcom, Ligand, Mosaic and More
Jon OggIt is Friday and the markets have another monthly employment report to absorb, but Wall Street analysts also have many research calls that have been made. 24/7 Wall St. reviews many…
11:30am ET
Energy
Oil Refiner Stocks May Offer One Value Play
ThinkstockCrude oil refiners have taken some heavy hits in the past couple of months. Because the cost of crude contributes about 65% to the price of gasoline, gas prices have remained high,…
12:15pm ET
Energy
Another Oil Refiner Cuts Q2 Outlook
ThinkstockCrude oil refiner Marathon Petroleum Corp. (NYSE: MPC) announced a cut to its second-quarter earnings estimates well after markets closed last night. Late last week the country’s largest refiner, Valero Energy Corp.…
11:55am ET
Energy
New Shell CEO: Why the Company Picked a Downstream Guy
ThinkstockWhen supermajor oil companies like Royal Dutch Shell PLC (NYSE: RDS-A) pick a new chief executive officer, the new appointment virtually always comes from the upstream exploration and production side of the…
1:11pm ET
Energy
Sticking with Refining Stocks
ThinkstockOver the past 12 months, the best performing oil refining stock has been Tesoro Corp. (NYSE: TSO), which has doubled, even though it has dropped sharply in the past month. Phillips 66…
2:05pm ET
Energy
Crude Oil Refiners Poised for Continued Profit Margins
ThinkstockWhen U.S. crude oil supplies remain very high, U.S. drivers can usually depend on gasoline pump prices to fall. That has not been happening in the U.S. for about 2 months now,…
8:40am ET
Energy
Value Investors Have Many Stocks to Buy in the Energy Sector
ThinkstockLast year was a good year for oil and gas stocks, but unless a company had a refining and marketing operation, it was not a great year. Share prices rose by at…
4:06pm ET
Investing
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 rate remained…