Phillips 66 Refining Swings To Profit On Cheap Crude
at Investor's Business Daily - Wed Oct 29, 10:18AM CDT
Phillips 66's (PSX) third-quarter earnings more than doubled as refineries get a boost from cheap crude from shale plays, but revenue missed analyst expectations. On Wednesday the refiner reported a 132% jump in earnings to $2.02 per share. Analysts...
VLO: 48.53 (-0.96), PSX: 76.39 (-1.14), ETE: 57.93 (+0.94)
Bill Klesse to Step Down as Valero Chairman December 30, 2014; CEO Joe Gorder to Assume Chairman Position
PR Newswire - Tue Oct 28, 3:20PM CDT
Valero Energy Corporation (NYSE: VLO) announced today that Bill Klesse, 68, has chosen to step down as Chairman of the Board effective December 30, 2014. Joe Gorder, 57, Chief Executive Officer and President, has been elected by the Board of Directors to the role of Chairman to succeed Klesse effective December 31, 2014.
VLO: 48.53 (-0.96), VLP: 42.40 (+0.23)
Oil & Gas Stock Roundup: Chevron Strikes Oil in GoM, Shell Offloads Nigeria Assets - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Oct 28, 10:40AM CDT
Chevron Corp. (CVX) announced a major oil find in deepwater Gulf of Mexico, while Royal Dutch Shell plc (RDS.A) finalized certain asset sales in Nigeria.
VLO: 48.53 (-0.96), RDS.A: 71.36 (-0.14), COG: 31.60 (-0.03), TSO: 66.95 (-0.49), OKS: 51.58 (-0.18), OXY: 88.85 (+0.71), CVX: 117.14 (+0.01)
Sudden Backdraft in Oil Prices Likely to Crimp Earnings Outlooks, Boost M&A
at The Street - Mon Oct 27, 10:47AM CDT
Energy behemoths report third-quarter earnings this week and for investors, there is a lot to be concerned about.
SD: 4.09 (+0.13), TLM: 6.33 (-0.15), LNG: 74.47 (+0.34), XOM: 94.59 (-0.51), COP: 70.75 (+0.53), SHI: 29.71 (-0.95), NOV: 72.73 (-0.35), VLO: 48.53 (-0.96), TOT: 58.64 (+0.55), TSO: 66.95 (-0.49), BP: 42.90 (+0.06), MRO: 34.38 (+0.11), CVX: 117.14 (+0.01), APC: 91.32 (+0.97)
Stock Market News for October 23, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Thu Oct 23, 9:10AM CDT
Gunfire in and around the Canadian Parliament building in Ottawa coupled with lower crude prices dragged benchmarks into the red on Wednesday
BIIB: 315.06 (-2.97), MDLZ: 34.93 (-0.36), BRCM: 40.33 (-0.09), HAL: 54.42 (+1.16), XOM: 94.59 (-0.51), WNR: 43.98 (-0.61), KRFT: 56.91 (-0.34), BA: 123.08 (-0.53), VLO: 48.53 (-0.96), YHOO: 45.43 (-0.44), MPC: 87.41 (-1.71), COST: 131.93 (+0.87), GPS: 37.56 (+0.28), CVX: 117.14 (+0.01)
Valero Energy Corporation Declares Regular Cash Dividend on Common Stock
PR Newswire - Thu Oct 23, 7:28AM CDT
The Board of Directors of Valero Energy Corporation (NYSE: VLO, "Valero"
VLO: 48.53 (-0.96), VLP: 42.40 (+0.23)
Watch for Shares of Valero Energy (VLO) to Approach Resistance at $49.56
Comtex SmarTrend(R) - Wed Oct 22, 10:17AM CDT
Shares of Valero Energy (NYSE:VLO) have bullishly opened above the pivot of $47.74 today and have reached the first resistance level of $48.93. Analysts will be watching for a cross of the next upside pivot targets of $49.56 and $51.38.
VLO: 48.53 (-0.96)
Quantum Energy Looks to Implement Micro-Refineries Strategy
ACCESSWIRE - Wed Oct 22, 9:08AM CDT
Whitefish, MT / ACCESSWIRE / October 22, 2014 / The oil industry has been pressuring President Barack Obama to end the 40-year-old ban on most crude exports, but many large oil companies would just as soon avoid waiting for change on a federal level.
VLO: 48.53 (-0.96), BP: 42.90 (+0.06), MMP: 81.25 (+0.68)
Divesture, Commercialization of Enlist, Upcoming Investor day, Litigations Update, and Quarterly Cash Distribution - Research Reports on Anadarko, Dow, Occidental, ConocoPhillips and Valero
PR Newswire - Wed Oct 22, 7:50AM CDT
Today, Analysts Review released its research reports regarding Anadarko Petroleum Corporation (NYSE: APC), The Dow Chemical Company (NYSE: DOW), Occidental Petroleum Corporation (NYSE: OXY), ConocoPhillips (NYSE: COP) and Valero Energy Corporation (NYSE: VLO). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7369-100free.
VLO: 48.53 (-0.96), COP: 70.75 (+0.53), OXY: 88.85 (+0.71), DOW: 47.38 (-0.60), APC: 91.32 (+0.97)
SmarTrend Watching for Potential Pullback in Shares of Valero Energy After 2.57% Gain
Comtex SmarTrend(R) - Mon Oct 20, 4:11PM CDT
Valero Energy (NYSE:VLO) traded in a range yesterday that spanned from a low of $45.00 to a high of $46.46. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $45.79 on volume of 6.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
VLO: 48.53 (-0.96)
Valero Energy Set to Possibly Pullback After Yesterday's Rally of 2.57%
Comtex SmarTrend(R) - Mon Oct 20, 4:11PM CDT
Valero Energy (NYSE:VLO) traded in a range yesterday that spanned from a low of $45.00 to a high of $46.46. Yesterday, the shares gained 2.6%, which took the trading range above the 3-day high of $45.79 on volume of 6.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
VLO: 48.53 (-0.96)
Valero Energy Set to Possibly Rebound After Yesterday's Selloff of 2.58%
Comtex SmarTrend(R) - Wed Oct 15, 4:40PM CDT
Valero Energy (NYSE:VLO) traded in a range yesterday that spanned from a low of $42.53 to a high of $45.04. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $43.70 on volume of 11.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VLO: 48.53 (-0.96)
SmarTrend Watching for Potential Rebound in Shares of Valero Energy After 2.58% Loss
Comtex SmarTrend(R) - Wed Oct 15, 4:40PM CDT
Valero Energy (NYSE:VLO) traded in a range yesterday that spanned from a low of $42.53 to a high of $45.04. Yesterday, the shares fell 2.6%, which took the trading range below the 3-day low of $43.70 on volume of 11.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
VLO: 48.53 (-0.96)
Critical Alerts For American Airlines, Skyworks Solutions, Dominos Pizza, Sally Beauty and Valero Energy Released By InvestorsObserver
PR Newswire - Wed Oct 15, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for AAL, SWKS, DPZ, SBH and VLO.
VLO: 48.53 (-0.96), SWKS: 57.32 (+1.51), SBH: 29.20 (-0.12), DPZ: 88.98 (-0.02), AAL: 39.94 (-0.30)
Market Updates on Oil and Gas Refining and Marketing Stocks - Pacific Ethanol, Green Plains, Valero Energy, Phillips 66, and Marathon Petroleum
PR Newswire - Wed Oct 15, 8:00AM CDT
Investor-Edge has initiated coverage on the following equities: Pacific Ethanol Inc. (NASDAQ: PEIX), Green Plains Inc. (NASDAQ: GPRE), Valero Energy Corporation (NYSE: VLO), Phillips 66 (NYSE: PSX), and Marathon Petroleum Corporation (NYSE: MPC). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, October 14, 2014, ended on a mixed note as the Dow Jones Industrial Average finished at 16,315.19, down 0.04% and the NASDAQ Composite closed at 4,227.17, up 0.32%. The S&P 500 finished the session 0.16% higher at 1,877.70. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Energy Sector Index ended the day at 588.90, down 1.23%, with the index declining 18.61% in the previous three months. Register for your complimentary reports on these five stocks at:
PSX: 76.39 (-1.14), VLO: 48.53 (-0.96), MPC: 87.41 (-1.71), GPRE: 34.49 (+2.28), PEIX: 12.78 (+0.62)
Valero Energy (VLO) Crosses Pivot Point Support at $43.98
Comtex SmarTrend(R) - Tue Oct 14, 9:31AM CDT
Valero Energy (NYSE:VLO) has opened bearishly below the pivot of $45.08 today and has reached the first level of support at $43.98. Analysts will be watching for a cross of the next downside pivot targets of $43.41 and $41.74.
VLO: 48.53 (-0.96)
Valero Energy Partners LP Increases Quarterly Cash Distribution
PR Newswire - Tue Oct 14, 9:19AM CDT
The Board of Directors of Valero Energy Partners GP LLC, the general partner of Valero Energy Partners LP (NYSE: VLP, the Partnership), has approved the Partnership's third quarter 2014 cash distribution of $0.24 per unit. This distribution represents an increase of $0.0175 per unit, or nearly eight percent, over the Partnership's previous quarterly distribution. The distribution is payable on November 12, 2014 to unitholders of record at the close of business on October 31, 2014.
VLO: 48.53 (-0.96), VLP: 42.40 (+0.23)
Technical Analysis, Share Repurchase Program, and Upcoming Earnings Review - Research Reports on Valero, National Oilwell Varco, Athlon Energy, Spectra Energy and Cabot Oil & Gas
PR Newswire - Tue Oct 14, 7:35AM CDT
Today, Analysts Review released its research reports regarding Valero Energy Corporation (NYSE: VLO), National Oilwell Varco, Inc. (NYSE: NOV), Athlon Energy Inc. (NYSE: ATHL), Spectra Energy Corp. (NYSE: SE) and Cabot Oil & Gas Corporation (NYSE: COG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7147-100free.
NOV: 72.73 (-0.35), ATHL: 58.20 (+0.02), VLO: 48.53 (-0.96), SE: 39.08 (-0.18), COG: 31.60 (-0.03)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and HollyFrontier
PR Newswire - Mon Oct 13, 8:30AM CDT
Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include the Exxon Mobil Corp. (NYSE:XOM-Free Report), Chevron Corp. (NYSE:CVX-Free Report), ConocoPhillips (NYSE:COP-Free Report), Valero Energy Corp. (NYSE:VLO-Free Report) and HollyFrontier Corp. (NYSE:HFC-Free Report).
VLO: 48.53 (-0.96), COP: 70.75 (+0.53)
Crude Prices Slump as Supplies Surge, Demand Weakens - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Fri Oct 10, 1:46PM CDT
Crude oil prices tumbled to multi-year lows on massive supply gain.
PSX: 76.39 (-1.14), VLO: 48.53 (-0.96), XOM: 94.59 (-0.51), COP: 70.75 (+0.53), HFC: 44.74 (-1.14), CVX: 117.14 (+0.01)