In December 2011, before the spin-off of Phillips 66 (NYSE: PSX) from ConocoPhillips (NYSE: COP), Conoco was believed to be trying to sell its 247,000 barrel/day Belle Chase, Louisiana, refinery for...
Oil demand is being revised lower in a new forecast by the Energy Information Administration.  The reality is that the demand erosion is modest at a mere 70,000 barrels per day in the United...
The US Environmental Protection Agency’s appeals board has essentially canceled permits that would have allowed Royal Dutch Shell plc (NYSE: RDS-A) to operate a drillship in the Chukchi and...
Crude oil prices have jumped more than $3/barrel this morning on the expectation that the European agreement on sovereign debt will put some life back into the global economy. That outcome is at...
By Ryan Barnes, with Comments from Jon Ogg. Edited by Douglas A. McIntyre Valero Energy Corporation (VLO) Valero has just two operating segments, oil refinery and retail sales, with refinery...
The current drop in crude oil prices is putting a little more cash in the pockets of consumers at the expense of the big integrated oil and refining companies. The reason is fairly simple: there is...
One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance for the fourth quarter, projecting a loss of -$0.55 to -$0.80. The consensus...
The month of October was a solid month for stocks, one of the best months of our lifetimes.  We have two groups today and the first is the stocks which rose the most in the S&P 500 Index from the...
These are some of this Monday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.ADTRAN Inc. (NASDAQ: ADTN) Raised to Buy at BofA/ML. Aetna Inc....
These are some of this Tuesday’s top analyst calls with upgrades, downgrades, and initiations seen from Wall Street research firms.Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Buy at Stern...
Source: Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday.AK Steel Holding Corporation (NYSE: AKS) Cut to Neutral at...
Source: ThinkstockWe have tracked the key short interest changes as of November 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp....
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning.Boyd Gaming Corp. (NYSE: BYD) Reiterated Outperform at Credit Suisse....
Source: ThinkstockWe have tracked the key short interest changes as of November 30th in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI); BP PLC (NYSE: BP); Chesapeake Energy...
Next week is going to get off to a slow start because of the post-Easter blues after a three-day weekend.  We have pulled eleven earnings which we think traders will hone in on during the Monday...