Oil refiner Valero Energy reported better-than-expected second-quarter 2014 results before markets opened Wednesday morning. Ethanol revenues are likely to remain strong for the rest of the year.
Paul Ausick 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.
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.
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.
A new research report from Deutsche Bank continues to stress that investors should look for value in large cap, safe names that are cheap. ThesefFive top stocks could make good investments for…
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.
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,…
These are the top analyst upgrades, downgrades and initiations seen on Tuesday, May 6, 2014. They include Anadarko Petroleum, BroadSoft, Charles Schwab, KBR, Target and Valero Energy.
Oil refiner Valero Energy reported better-than-expected first-quarter 2014 earnings before markets opened Tuesday morning. Shares of Valero traded in the premarket.
These are the top analyst upgrades, downgrades and initiations for Tuesday, April 22, 2014. They include AMD, ARM Holdings, Barrick Gold, Netflix, Teva Pharmaceutical and Valero Energy.
Thinkstock Independent oil refiner Valero Energy Corp. (NYSE: VLO) and Canada-based pipeline operator Enbridge Inc. (NYSE: ENB) have been granted licenses from the U.S. Commerce Depart to re-export crude oil imported into…
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…
Wikimedia CommonsHouston, Galveston, Baytown and Texas City are supposed to be good for oil and energy. When an accident occurs that shuts down the Houston Ship Channel, it turns out to be…
courtesy of Wal-Mart Stores Inc.A new business just opened its doors in Bentonville, Ark., the hometown of Wal-Mart Stores Inc. (NYSE: WMT). The business is called “Walmart To Go” and for now…
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.…
