1:40pm ET
Energy
Crude Oil Price Slide Should Help Refiners
Crude oil prices are off more than 20% from their high of $87.15 on May 3rd. The major contributor to that slide are serious concerns over sovereign debt primarily in the European…
Companies
/Energy
Sunoco LP
$74.91
▼ $0.92 (−1.21%) today
Markets closed · 5:06pm ET
SUN Coverage
Page 126:20am ET
Energy
Refinery Stocks Still Worth Another Look (VLO, MRO, SUN, TSO, HES)
Hell may have frozen over in the world of oil and gas. Shares of oil refinery companies seem to have finally turned a corner. In this aspect, we would be watching Valero…
8:33am ET
Investing
Top Analyst Upgrades and Downgrades (AMSC, SOLR, MRO, MIPI, SUN, TSO, TIF, UPS, VLO, ZION)
These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: American Superconductor Corporation (NASDAQ: AMSC) Raised to Buy at Deutsche Bank. GT Solar International, Inc. (NASDAQ:…
10:43am ET
Energy
DOE Data Keeps Favoring Refineries (OIH, USO, VLO, SUN, HES)
The weekly data from the Department of Energy has some very big surprises, some of which are bullish for oil and some of which are good for the consumer. The key ETFs…
9:47am ET
Energy
Refineries Stand Out in DOE Oil Inventory Data (OIH, USO, VLO, SUN, HES)
The weekly supply data is out from the Department of Energy and the refining capacity data continues to be a standout from last week. The recent rise in oil prices may act…
9:48am ET
Energy
DOE Surprise… Refineries Coming Back (OIH, USO, VLO, SUN, HES)
If you have followed the oil patch, the news from the refining sector has been abominable. Overall, we have seen many weeks where the United States refining capacity was not even running…
3:46pm ET
Investing
The Hardest Working Brands for 2009: The Year Of The Dog
A look at the “hardest working” major brands for 2009 shows that a number of them belong to companies which have done poorly and, in at least one case, may file Chapter…
3:32pm ET
Energy
Can Ethanol’s Comeback Last? (PEIX, STKL, CZZ, GPRE, KMP, VLO, SUN, BFRE)
Toward the end of 2008 (and even sooner), ethanol may have seemed like a fad that came and went. Then came the dull year of 2009 that seemed as though it would…
5:06pm ET
Investing
The 100 Hardest Working Brands In The World
There are a number of ways to rank brand values. One of the most important is the level at which a brand contributes to the market value of a public company. 24/7…
2:50pm ET
Investing
Unusual Options Trading Patterns (SUN, VLO, TSO, FTO, GE, GOOG, IBM, PFE, WYE)
We are starting to see some elevated options trading that appeared on the unusual volume screens. Many of these are pre-earnings trading and some are on other expectations. We have more detailed…
12:06pm ET
Energy
Refiners’ Second Take: Valero’s Risk of Irreparable Harm (VLO, MRO, HES, TSO, SUN, TOT, VSUNQ)
Valero Energy Corp. (NYSE: VLO) may have caused some irreparable harm to itself and to shareholders this week. Losing money is just not something that the investing public was ready to stomach. …
8:41am ET
Energy
Sunoco and Holly, Tulsa Refinery Hot Potato (SUN, HOC)
Sunoco, Inc. (NYSE: SUN) has signed a definitive agreement with a subsidiary of Holly Corporation (NYSE: HOC) to sell Holly its 85,000 barrel/day refinery in Tulsa, Oklahoma, for $65 million. The sale…
Douglas A. McIntyre 7:11am ET
Investing
Top 10 Early Bird Analyst Upgrades & Downgrades (COGT, PSUN, RMD, NCTY, SAFM, UTHR, ARB, CS, CTRP, SUN)
These are ten of the early bird analyst upgrades and downgrades we are seeing from Wall Street this Wednesday morning: Cogent Inc. (COGT) Raised to Overweight at JPMorgan. Pacific Sunwear (PSUN) Raised…
8:52am ET
Energy
Frontier Oil, Refiner Earnings Lagging Peers (FTO, SUN, WNR, VLO)
Frontier Oil (NYSE:FTO) released its third quarter earnings yesterday, and the news was not good. EPS was $0.70, down from $1.28 a year ago, and below analysts’ estimates of $0.73. Revenues rose…
9:44am ET
Energy
Refiners Getting Well, But For How Long? (SUN, WNR)
Crude oil refiners Sunoco (NYSE:SUN) and Western Refining (NYSE:WNR) reported earnings this morning before the market opened. Sunoco posted diluted EPS of $4.70 on revenues $16.109 billion. Western reported diluted EPS of…
Douglas A. McIntyre