12:36pm ET
Energy
Did Oil Just Bottom? (OIH, VLO, BHI)
The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the commodities markets. …
VLO Coverage Page 32
11:04am ET
Energy
DOE Inventory Data Highlights Ongoing Refinery Woes (OIH, USO, UCO, VLO)
The Department of Energy has released some mixed data on weekly oil inventory data, and the take for refining is looking just as bad still or actually worse in February compared to…
3:04pm ET
Energy
Valero Finally Worth a Look (VLO, COP)
The refining industry has been under pressure for some time. It seems that rising prices were not a shoe-in for windfall profits at all. A rapid drop in oil prices was also…
3:32pm ET
Energy
Can Ethanol’s Comeback Last? (PEIX, STKL, CZZ, GPRE, KMP, VLO, SUN, BFRE)
Toward the end of 2008 (and even sooner), ethanol may have seemed like a fad that came and went. Then came the dull year of 2009 that seemed as though it would…
9:39am ET
Energy
Magnifying Refinery Woes (CVX, XOM, XTO, COP, VLO, MRO, HES)
The notion that an integrated oil giant is issuing an earnings warning with oil above $80.00 per barrel may seem ludicrous to most on the Street. Yet that is exactly what is…
8:39am ET
Investing
Top Analyst Upgrades and Downgrades (WTR, EAT, BRCM, CLWR, DUK, FTO, HNSN, INFY, INTC, LVS, MELI, NVDA, TSO, WYNN, UNH, VLO)
These are this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Aqua America (NYSE: WTR) Cut to Neutral at Macquarie. Brinker International (NYSE: EAT) Cut to Neutral…
1:21pm ET
Energy
Next Week’s Top 10 Earnings (VZ, APOL, VLO, V, WYNN, COP, FSLR, CME, XOM, PG)
This week was the crest of 2009 third quarter earnings season. We still have a flood of reports next week and picking a mere top ten earnings to watch was very unfair…
8:16am ET
Investing
Top Analyst Upgrades, Downgrades, Initiations (AMZN, CB, CXW, GSK, ITRI, LEAP, LM, PNC, POT, VLO)
These are this Friday morning’s top 10 analyst upgrades, downgrades, and initiations we have seen from Wall Street’s research calls: Amazon.com (NASDAQ: AMZN) Raised to Outperform at FBR Capital (new target $130);…
2:50pm ET
Investing
Unusual Options Trading Patterns (SUN, VLO, TSO, FTO, GE, GOOG, IBM, PFE, WYE)
We are starting to see some elevated options trading that appeared on the unusual volume screens. Many of these are pre-earnings trading and some are on other expectations. We have more detailed…
7:38am ET
Investing
Top Analyst Downgrades (AGCO, AIV, AAI, JBLU, TSCO, VLO)
These are this Wednesday’s top early-bird analyst downgrades and cautious research calls out of Wall Street: Agco Corp. (AGCO) Cut to Underweight at JPMorgan. Apartment Investment & Management Co. (AIV) Cut to…
8:48am ET
Energy
Valero… Pain Today, Pain Tomorrow (VLO)
Valero Energy Corp. (NYSE: VLO) did manage to beat earnings, at least if you consider a two-penny beat versus a wide loss after a warning as a beat. The refiner’s loss came…
Douglas A. McIntyre 4:26am ET
Energy
In A Strange Development, Big Oil Turns To Wind Power
Oil exploration and refining companies are natural enemies of alternative energy. Wind power, nuclear power, clean coal, and solar could all undermine the value of crude in world markets. Oil companies have…
Douglas A. McIntyre 2:54am ET
Investing
Media Digest 6/29/2009
Reuters: GM will accept product liability on cars it has built in the past. Reuters: Obama could consider a second stimulus if necessary. Reuters: Rising office availability in NYC is slowing. Reuters: …
5:15am ET
Energy
At $70 Oil, Major Oil Stocks Still Look Cheap (COP, XOM, CVX, MUR, PBR, PTR, VLO)
We keep getting asked a single question from readers and from our own industry and professional contacts: Are Oil Stocks Cheap? There is a very simple answer in today’s markets: Oil stocks…
2:59am ET
Investing
Media Digest 6/11/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Fiat closed its deal for control of Chrysler. Reuters: California may be hit by an economic “meltdown.” Reuters: May foreclosures were third highest month ever recorded. Reuters: The US named a…