11:55am ET
Energy
Energy Companies Flop on Crude Oil Data
Stocks of several U.S. energy companies took a beating Wednesday morning following the EIA's weekly report on petroleum inventories.
Companies
/Energy
Valero Energy Corp
$412.92
▲ $0.39 (+0.09%) today
Markets closed · 6:25pm ET
VLO Coverage
Page 1411:00am ET
Energy
Gasoline Prices Continue Slide Despite Falling Crude Inventory
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.7 million barrels last week, maintaining a total U.S. commercial crude inventory…
8:50am ET
Energy
Valero Profits Jump on Lower Prices for Crude Oil and Corn
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 9:05am ET
Energy
Cowen Remains Bullish on Five Top Oil Refiners for the Rest of the Year
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.
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.
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.
8:35am ET
Investing
Five Cheap, Large Cap Stocks to Buy for the Rest of the Year
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…
9:10am ET
Energy
Cowen Says Strong Crude Pricing Could Set Up Refiner Buying Opportunity
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.
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,…
8:05am ET
Investing
Top Analyst Upgrades and Downgrades: Anadarko, BroadSoft, Schwab, KBR, Target, Valero and More
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.
8:55am ET
Energy
Valero Aims at 52-Week High on Booming Ethanol Profit
Oil refiner Valero Energy reported better-than-expected first-quarter 2014 earnings before markets opened Tuesday morning. Shares of Valero traded in the premarket.
8:35am ET
Investing
Top Analyst Upgrades and Downgrades: AMD, ARM, Barrick, Netflix, Teva, Valero and More
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.
10:03am ET
Energy
Enbridge, Valero Get Approval to Export Crude
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…
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…
10:35am ET
Energy
Will Houston Ship Channel Closure Prolong a Spike in Oil and Gasoline Prices?
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…