9:00am ET
Energy
Ban on Exporting U.S. Crude Oil Is Essentially Over
Defining what is crude oil and what is not ends the ban on crude oil exports as effectively as does new legislation, and it does so without all the political blowback.
Companies
/Energy
Phillips 66
$244.01
â–² $4.20 (+1.75%) today
Markets closed · 10:10am ET
PSX Coverage
Page 15
9:21am ET
Investing
Key Stocks With Insider Buying This Week
ThinkstockWhen markets are making new all-time highs, any insider buying is always noteworthy. This week was no exception as some new people stepped up to the plate and other long-time insider buyers…
12:50pm ET
Energy
Why U.S. Refiners Are Getting Crushed on Oil Export Allowance
With word that the U.S. will allow Enterprise Products Partners and Pioneer Natural Resources to export super-light oil (condensate) for the first time decades, the move is crushing refinery stocks.
10:55am ET
Economy
Fortune 500 Companies Reach All-Time Sales Record
courtesy of Wal-Mart Stores Inc.The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course,…
5:05pm ET
Investing
Big Portfolio Changes for Warren Buffett and Berkshire Hathaway
courtesy of WhiteHouse.govBerkshire Hathaway Inc. (NYSE: BRK-A) has released its holdings as of the end of the first quarter of 2014. We were originally not expecting many major changes to the portfolio.…
1:15pm ET
Energy
Exxon, Chevron, Conoco: What to Expect From Earnings
The top two public oil and gas companies in the world, according to Platts Top 250 rankings from last October, are Exxon Mobil and Chevron. They and ConocoPhillips report first-quarter earnings this…
9:00am ET
Energy
Phillips 66 Asset Sale, Exports Drive Profit
Oil refiner Phillips 66 reported lower first-quarter 2014 earnings before markets opened Wednesday morning. And the company is also expanding its capability for exporting refined products.
2:05pm ET
Energy
Conoco Sets Goal for Double-Digit Shareholder Returns
At its analyst meeting in New York City Thursday, ConocoPhillips reaffirmed its goal of delivering double-digit annual returns to investors by, in part, growing production by 3% to 5% a year.
8:55am ET
Energy
UBS Says the Best Is Yet to Come for U.S. Refiners
ThinkstockWhile the battle rages on Wall Street on which way the price of oil ultimately goes, investors in the refiners are watching close for a blowout in the difference between Brent crude…
11:00am ET
Investing
Buyback ETF Manager Has Three Top Buyback Stocks Now
Some investors love dividends, while others prefer share buybacks to drive the shares higher through time. 24/7 Wall St. recently had a chance to speak with Minyi Chen, who is the portfolio…
9:54am ET
Energy
U.S. Crude Exports Have Virtually Started
ThinkstockThe 1970s ban on exporting U.S. crude oil may or may not be lifted, but that is not going to slow down the export of what we might call ‘near-crude’. New, low-cost…
5:06pm ET
Industrials
Meet the 2014 Warren Buffett and Berkshire Hathaway Stocks
White House Photo by Pete SouzaAs many consider Warren Buffett to be the greatest investor of modern times, investors want to know any time there are big changes in the Berkshire Hathaway…
1:37pm ET
Energy
Crude Oil Tops $100 a Barrel Again; Energy Stocks Hit
ThinkstockWTI crude oil futures for March delivery topped $100 a barrel on the Nymex Monday after a brief stop at that level last Friday, and there’s every reason to believe that the…
9:00am ET
Investing
Top Analyst Upgrades and Downgrades: Ford, Green Mountain, Lennar, Twitter and More
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on is Thursday, February 6, 2014. They include Ford, Green Mountain Coffee Roasters, Lennar and Twitter.
9:05am ET
Energy
Valero Earnings Propped Up by Ethanol; Phillips 66 Gets No Such Help
Valero Energy and Phillips 66 reported fourth-quarter and full-year 2013 earnings before markets opened Wednesday morning.