ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude differentials and escalating renewable identification number (RIN) costs.…
courtesy of Wal-Mart Stores Inc.Companies can return capital to shareholders in many ways. Dividends are one of the favored methods. So is retiring outstanding debt, as it decreases the amount of capital…
courtesy of Chevron Corp.Chevron Corp. (NYSE: CVX) reported second-quarter 2013 results before markets opened this morning. The oil and gas supermajor posted diluted earnings per share (EPS) of $2.77 on revenues of…
August 1, 2013: U.S. equity markets opened higher this morning as PMI readings in Europe bounced generally higher and China’s PMI improved slightly to remain positive. In the U.K., the Bank of…
ThinkstockExxon Mobil Corp. (NYSE: XOM) posted nothing short of a seriously dismal earnings report. By now we all know that sending oil to $100, $120 or $140 does not translate automatically to…
Jon C. Ogg thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 59 billion cubic feet last week, compared with an expected build of between 54 billion and 58…
Wikimedia CommonsOil and gas supermajor Exxon Mobil Corp. (NYSE: XOM) reported second-quarter 2013 estimated results before markets opened this morning. The company posted diluted earnings per share (EPS) of $1.55 on revenues…
Paul Ausick July 31, 2013: U.S. equity markets opened higher this morning as traders and investors this afternoon’s announcement from the FOMC. In Europe, the unemployment rate in the eurozone was unchanged at 12.1%,…
ThinkstockThe number of people employed in New York City, Dallas and Houston rose sharply in June, compared to a year ago, based on total number of people employed. Among all U.S. cities,…
ThinkstockInvestors love dividends. Becoming one of the 30 members of the Dow Jones Industrial Average does not come with assurance that a company will pay a dividend, nor does it come with…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 41 billion cubic feet last week, compared with an expected build of between 47 billion and 51…
ThinkstockCurrency cycles and their changes against the U.S. dollar affect equity multiples because they reflect and drive capital inflows and outflows. Dollar cycles also influence earnings through a complex variety of channels…
ThinkstockThe rising price of crude probably already has done some damage to the economy. And in the future it is certain to do more. The costs of gas and heating oil will rise for…
ThinkstockIn what may be a Pyrrhic victory, Anglo-Dutch oil supermajor Royal Dutch Shell plc (NYSE: RDS-A) is the market leader among branded gasoline sellers in the U.S. for the first half of…
thinkstock The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 58 billion cubic feet last week, compared with an expected build of around 64 billion cubic…
