U.S. Crude Exports Have Virtually Started
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…
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…
Valero Energy and Phillips 66 reported fourth-quarter and full-year 2013 earnings before markets opened Wednesday morning.
Short interest in several large oil and gas stocks rose in the two-week period to January 15, likely as a result of expected pressure on crude oil prices, refining margins and drilling…
These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Thursday, January 23, 2014.
ThinkstockRefining companies with the majority of their operations on the Gulf Coast of the United States have been in the driver’s seat for profits during the past several months of 2013. Access…
ThinkstockStocks are still close to all-time highs as the new year approaches, and investors have to start positioning themselves for 2014. 24/7 Wall St. reviews dozens of Wall Street analyst reports each…
ThinkstockOne of the largest initial public offerings of the year has reportedly priced at $20 a share on Wednesday night and will begin trading Thursday morning. The expected pricing range had been…
ThinkstockIn a late burst of initial public offerings (IPOs) this year, there are no less than nine companies expected to begin trading this week. Not all are likely to make the cut,…
Jon OggStocks have pulled back over the past week, after eight straight weeks of rallying. Now investors are getting ready for year-end and positioning themselves for 2014. 24/7 Wall St. goes over…
Thinkstock24/7 Wall St. has been keeping track of all the 2014 outlook pieces and year-end pieces for 2013. Now it looks as though there is a selective positive outlook from Bank of…
The dramatic production increase from U.S. shale plays in North Dakota, Montana and Texas have had little impact on the amount of oil produced by members of OPEC. However, the cartel does…