Search Results for: MRO
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline and gathering systems to focus more on the...
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The refining business has been in the news a lot recently for two things. One, it’s making money again. Two, integrated oil companies are shedding refining assets at a rapid pace. Now’s a good...
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Angola’s state-owned oil company, Sonangol, has exercised its right of first refusal to purchase a 20% stake in block 32 offshore Angola from Marathon Oil Corp. (NYSE:MRO). In July, Marathon...
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This week we highlighted some of the big whale watching portfolio changes. Yep, the stock holdings from the likes of Warren Buffett at Berkshire Hathaway Inc. (NYSE: BRK-A), and other great...
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Valero Energy Corp. (NYSE:VLO) is the first of the oil refiners to report earnings this quarter, and this morning’s release is a lot better than a year ago, when diluted EPS soured to -$0.61. For...
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Monday is starting the week off with a pretty light wave of analyst calls. The top 10 analyst upgrades and downgrades are not even a full 10 calls with more than two hours until the market opens:...
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As the price differential between WTIÂ and Brent crude oil continues to narrow, with WTIÂ rising and Brent falling, big oil companies should see a gain in their realized prices for crude. This is...
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With pump prices for gasoline approaching $4/gal everywhere and $5/gal in some US cities, it would seem logical that crude oil refiners are a good bet to do well. It’s not that simple, though, and...
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We’ve seen several analyst calls on Wall Street this morning out of the oil patch, and here are some of the key calls: Hess (NYSE: HES), Sunoco (NYSE: SUN), and Tesoro (NYSE: TSO) were all...
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The key analyst calls are a little light this Monday morning ahead of the flurry of earnings. These are some of this Monday’s key analyst upgrades, downgrades, and initiations seen in Wall Street...
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Valero Energy Corp. (NYSE: VLO) may have caused some irreparable harm to itself and to shareholders this week. Losing money is just not something that the investing public was ready to stomach. ...
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These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: American Superconductor Corporation (NASDAQ: AMSC) Raised to Buy at Deutsche...
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On Monday, the Shanghai Composite went under 2,700 and between Monday and Tuesday is back to lows not seen since May’s end. Technically, it is back in bear market territory now that it has come off...
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So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and Tesoro...
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These are ten of the top analyst upgrades and downgrades from Wall Street we have seen early this Wednesday morning with more than two hours until the market opens for trading: Abercrombie &...
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