2016 Energy Earnings Seen Down 86%
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
A brief look at 10 energy companies reporting earnings this week, and how they stack up against an estimated drop of 86% in annual profits.
The top analyst upgrades, downgrades and initiations seen on Thursday morning include Chipotle Mexican Grill, Hilton, Macy's, Mastercard, Mylan, Valero Energy, Western Digital and Travelers.
While the selling was robust, it certainly wasn’t extraordinary, and it should be expected given the big run in the markets this year.
Analysts at Jefferies on Monday initiated coverage on four independent oil refiners and their affiliated logistics master limited partnerships.
U.S. crude oil stocks were up by about 1.0 million barrels in the past week, while consensus estimates had called for a drop of 800,000.
July 8, 2016: Here are four stocks trading with relatively heavy volume among 12 equities making new 52-week lows in Friday’s session. NYSE advancers led decliners by nearly 9 to 1 while Nasdaq…
July 7, 2016: Here are four stocks trading with relatively heavy volume among 37 equities making new 52-week lows in Thursday’s session. NYSE advancers and decliners traded roughly evenly while Nasdaq advancers…
July 6, 2016: Here are four stocks trading with relatively heavy volume among 78 equities making new 52-week lows in Wednesday’s session. NYSE advancers led decliners by less than 2 to 1…
July 5, 2016: Here are four stocks trading with relatively heavy volume among 39equities making new 52-week lows in Tuesday’s session. NYSE decliners led advancers by about 3 to 1 and Nasdaq…
June 30, 2016: Here are four stocks trading with relatively heavy volume among 33 equities making new 52-week lows in Thursday’s session. NYSE advancers led decliners by about 3 to 1 and…
California Attorney General Kamala Harris has subpoenaed documents from the state’s major oil refiners related to an investigation into whether the companies have artificially raised retail gasoline prices in the state. The…
June 13, 2016: Here are four stocks trading with relatively heavy volume among 65 equities making new 52-week lows in Monday’s session. NYSE decliners led advancers by nearly 3 to 1 while…
Analysts at Credit Suisse on Monday cut their rating on Valero Energy to Neutral and maintained their $68 price target.
So are any refiners still a buy? In a new research report, Deutsche Bank says yes, though not many are attractive now.
The Deutsche Bank team has cut price targets on many refining stocks. However, they do stay positive on three top pick companies that are still rated Buy.