Search Results for: VLO
Oil refiners have been hit today with a double dose of bad news. Over the past three months, stocks in refiners are up from 26% to 78% as the companies have managed to keep product prices from...
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The writing has been on the wall for about three weeks: the $0.45/gallon ethanol subsidy and the $0.54/gallon tariff on imports are politically dead. Another nail got hammered into the coffin...
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The US Department of Energy has announced that it will offer a loan guarantee for $105 million to expand an Iowa plant that makes ethanol from the cellulosic waste matter, called stover, of corn...
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Two major oil refiners have reported third-quarter earnings since the market closed last night. Both posted better-than-expected earnings primarily due to sharply higher refining margins. Western...
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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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Farm products giant Archer Daniels Midland Co. (NYSE: ADM) posted EPS of $0.54 on revenue of $16.8 billion. Analysts were expecting EPS of $0.75 on revenue of $15.66 billion, so the company’s...
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Our series on expected upside in stock prices continues today with a look at the biofuels sector. What you are about to see are numbers that, for the most part, defy gravity. With just two of these...
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The garbage and waste management sector is supposed to be a futurist’s delight. There are generally large barriers to entry for new players and most geographies are controlled by regional...
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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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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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The Department of Energy is out with its weekly oil and gasoline inventory data and this is going to likely move the markets. Crude oil stocks managed to build up by a whopping 2.86 million barrels...
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Source: ThinkstockShare prices appreciated by at least 80% for most major crude oil refiners in 2012, a far better performance than turned in by the integrated oil companies, the oil services firms...
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Corn prices have fallen by its limit of $0.30/bushel today, at about $7.52/bushel, and other ag commodities are also trading down. Wheat is off more than $0.25/bushel, to around $7.17. This on the...
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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 to many key stocks. But the...
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Source: Frank Golhen, via Wikimedia CommonsEarnings season is upon us once again, and we will get to see if the highly paid analysts are actually doing their job or if they are just chasing the herd....
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