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.…
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…
24/7 Wall St. screened the Deutsche Bank list for the top stocks with the lowest price-to-earnings (P/E) ratio on forward earnings. Seven top names were trading under a 10 P/E ratio on…
ThinkstockSince February 8, the pump price for a gallon of regular gasoline has risen from around $3.26 to nearly $3.37, with more than half of the rise coming last week. That is…
ThinkstockShort interest in several large oil and gas stocks dropped in the two-week period to January 31, probably on expectations of greater demand due to an improving global economy. Short interest rose…
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…
