Friday’s top analyst upgrades, downgrades and initiations include Apache, Baker Hughes, Jack in the Box, Rite Aid, Synchrony Financial and U.S. Steel.
Are the refiners getting up there in valuation? The answer is probably yes, but the companies have pulled back from 52-week highs and are poised to keep the winning ways going.
Exxon Mobil's troubled 155,000-barrel per day refinery in Torrance, Calif., is being sold to PBF Energy for $537.5 million.
With the refiners starting to come back, these top stocks to buy make good sense for long-term energy investors.
PBF Energy has agreed to purchase Chalmette Refining from co-owners Exxon Mobil and Petróleos de Venezuela.
In an energy sector that has struggled, the refiners have shined, and Cowen analysts have been spot-on in their assessment of the top stocks.
Monday's top analyst upgrades and downgrades include Amazon.com, BlackBerry, F5 Networks, J.P. Morgan, Juniper Networks and United Continental.
In an energy sector that has struggled, the refiners have shined, and Cowen analysts are focused on six top stocks to buy.
Cowen analysts are keeping a positive view on the refining sector due to solid underlying earnings potential and the developing theme of logistics growth.
In a new research report, the team at Cowen submit that crude export regulations are largely unchanged and permits for condensate export do not constitute precedent.
Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion.…
ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil.…
courtesy BP plcU.S. crude oil refiners’ stocks are surging Friday following the release of the International Energy Agency’s (IEA) October Oil Market Report. U.S. refinery throughput in September led to the agency…
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…
