Posted by Todd Shriber at 12:54PM on March 11th
Declining oil prices on the back of the earthquake and tsunami that ravaged Japan and an asset purchase by one of the group’s marquee names are combining to help the Oil Refiner Stocks Index trade higher by 3.4% today.
Valero Energy (VLO),…
Energy Specialist Has Mixed Outlook For Refiners (XOM, TSO, MRO, HES, VLO, ALJ, CVI, IOC, CLMT, YPF)
Posted by Anita Godse at 10:53AM on June 8th
Energy specialist Howard Weil changed its ratings for a number of oil-refining stocks this morning. ExxonMobil (XOM) was upgraded to Focus Stock from Market Outperform. Last week, ratings agency Fitch noted “the oil company’s strong position throughout the oil chain”, according…
Posted by Owen Vater at 12:07PM on September 18th
Refiners were mixed on Friday, but options action suggests the sector is one of the hottest on Wall Street.
Interoil (IOC) shares are soaring by over 10% today after Morgan Stanley initiated coverage on the stock with an Overweight rating and a…
Posted by Max Magee at 11:53AM on June 3rd
A worse-than-expected second-quarter outlook scared investors away from oil refiners on Wednesday.
Valero Energy (VLO) forecast a loss of -50 cents a share in the second quarter of 2009, down from a prior projection of 59 cents of EPS. Analysts had even…
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