Bakken Pipeline financing complete, share sold to pay debt
AP - Wed Aug 03, 9:13AM CDT
DES MOINES, Iowa (AP) — Companies building an oil pipeline from North Dakota across the Midwest into Texas say they've completed project financing and sold a share of the pipeline to another company to pay down the debt.
PSX: 78.66 (+2.51), MPC: 41.22 (+2.43)
A Secure Energy Supplier Across the Atlantic - Irving Oil Confirms Agreement in Place to Acquire Whitegate Refinery in Ireland
PR Newswire Europe - Wed Aug 03, 6:52AM CDT
SAINT JOHN, New Brunswick, August 3, 2016 /PRNewswire/ --
PSX: 78.66 (+2.51)
Oil & Gas Refiners Stocks Under Review -- Valero Energy, Marathon Petroleum, HollyFrontier, and Phillips 66
PR Newswire - Wed Aug 03, 6:30AM CDT
Oil prices are tumbling once again, closing below $40 a barrel mark on Tuesday, August 02, 2016, impacted by higher output from all 13 states of OPEC, as suggested by a Reuters survey. Stock-Callers.com sees how the oil price fluctuations are impacting some operators within the Oil and Gas Refining and Marketing sphere. Here are today's featured companies: Valero Energy Corp. (NYSE: VLO), Marathon Petroleum Corp. (NYSE: MPC), HollyFrontier Corp. (NYSE: HFC), and Phillips 66 (NYSE: PSX). Learn more about these stocks by downloading their free research reports in PDF format at:
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), MPC: 41.22 (+2.43), HFC: 26.66 (+1.08)
Energy Transfer and Sunoco Logistics Announce Sale of Minority Stake in Bakken Pipeline Project to Enbridge and Marathon Petroleum
BusinessWire - Tue Aug 02, 6:30PM CDT
--Energy Transfer Continues to Oversee Construction
PSX: 78.66 (+2.51), ETP: 42.53 (+4.03), MPC: 41.22 (+2.43), ETE: 16.82 (+0.93), SXL: 30.15 (+2.36)
Energy Transfer, Sunoco Logistics and Phillips 66 Announce Successful Completion of Project Financing for Bakken Pipeline Joint Ventures
BusinessWire - Tue Aug 02, 3:20PM CDT
Energy Transfer Partners, L.P. (NYSE: ETP), Sunoco Logistics Partners L.P. (NYSE: SXL) and Phillips 66 (NYSE: PSX) announce the successful completion of the project-level financing of the Dakota Access Pipeline (DAPL) and Energy Transfer Crude Oil Pipeline (ETCOP) projects (collectively the "Bakken Pipeline"
PSX: 78.66 (+2.51), ETP: 42.53 (+4.03), ETE: 16.82 (+0.93), SXL: 30.15 (+2.36), SUN: 30.90 (-0.22)
Phillips 66 (PSX) Beats Q2 Earnings and Revenue Estimates
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 10:05AM CDT
Phillips 66 (PSX) posted adjusted second-quarter 2016 earnings of 94 cents per share that beat the Zacks Consensus Estimate of 91 cents.
PSX: 78.66 (+2.51), QEP: 18.29 (+0.51), SSL: 26.88 (+0.50), DRQ: 54.76 (+1.44)
Phillips 66 (PSX) Beats Q2 Earnings, Revenues
Zacks Equity Research - Zacks Investment Research - Fri Jul 29, 6:30AM CDT
Phillips 66 beats on earnings. Earnings per share from continuing operations (excluding special items) came in at $0.94, above the Zacks Consensus Estimate of $0.91.
PSX: 78.66 (+2.51)
Phillips 66 Reports Second-Quarter Earnings of $496 Million or $0.93 Per Share
BusinessWire - Fri Jul 29, 6:00AM CDT
--Highlights
PSX: 78.66 (+2.51)
What's Ahead for Oil Refining Stocks in Q2 Earnings? PBF, PSX
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 9:02AM CDT
Let's have a look at how some of refining companies - PBF and PSX - are poised ahead of their earnings announcements.
PSX: 78.66 (+2.51), PBF: 23.99 (+1.25)
Zacks Industry Rank Analysis Highlights: Conoco Phillips, Phillips 66, Hess, Marathon Oil and Marathon Petroleum
Zacks Equity Research - Zacks Investment Research - Fri Jul 15, 8:30AM CDT
Zacks Industry Rank Analysis Highlights: Conoco Phillips, Phillips 66, Hess, Marathon Oil and Marathon Petroleum
PSX: 78.66 (+2.51), HES: 53.39 (+1.64), MPC: 41.22 (+2.43), COP: 40.31 (+0.52), MRO: 13.42 (+0.52)
Phillips 66 Announces Quarterly Dividend
BusinessWire - Wed Jul 13, 11:50AM CDT
The board of directors of Phillips 66 (NYSE: PSX) has declared a quarterly dividend of 63 cents per share on Phillips 66 common stock. The dividend is payable on Sept. 1, 2016, to shareholders of record as of the close of business on Aug. 18, 2016.
PSX: 78.66 (+2.51)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
Zacks Equity Research - Zacks Investment Research - Mon Jul 11, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and Phillips 66
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), COP: 40.31 (+0.52), XOM: 87.49 (+0.45), CVX: 100.61 (+1.02)
Oil Tumbles to 2-Month Low on Disappointing Inventory Draw
Nilanjan Choudhury - Zacks Investment Research - Fri Jul 08, 3:08PM CDT
A lower-than-expected decline in crude supplies led to the commodity's selloff.
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), COP: 40.31 (+0.52), XOM: 87.49 (+0.45), HFC: 26.66 (+1.08), CVX: 100.61 (+1.02)
Stock Market News for July 08, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 9:10AM CDT
Benchmarks closed mixed on Thursday following a fall in crude prices and gains in shares of Costco.
CXO: 126.01 (+4.72), PSX: 78.66 (+2.51), XEL: 43.16 (-0.56), EXC: 36.57 (-0.21), DUK: 85.15 (-0.41), PEG: 44.81 (-0.35), XOM: 87.49 (+0.45), AET: 116.86 (+1.15), HUM: 173.48 (+3.91), T: 43.14 (-0.02), VLO: 54.71 (+2.36), NEE: 128.09 (+0.46), ADP: 88.19 (+0.22), MUR: 26.57 (+0.84), MPC: 41.22 (+2.43), CVX: 100.61 (+1.02), VZ: 53.90 (-0.10)
Most Asian stock indexes rise on upbeat US economic report
By KELVIN CHAN - AP - Wed Jul 06, 10:13PM CDT
HONG KONG (AP) — Most Asian stock benchmarks rose Thursday after an upbeat U.S. economic report helped ease persistent investor concerns over Brexit-related global turmoil.
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), T: 43.14 (-0.02), VZ: 53.90 (-0.10), UAL: 44.90 (+0.50)
Oil Slips as Brexit & Fed Fears Outweigh Small Stock Draw
Nilanjan Choudhury - Zacks Investment Research - Thu Jun 16, 11:08PM CDT
WTI futures fell yesterday as the market's nervousness over Brexit and Fed rate decision more than offset the modest inventory decline.
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), COP: 40.31 (+0.52), XOM: 87.49 (+0.45), HFC: 26.66 (+1.08), CVX: 100.61 (+1.02)
Oil at 11-Month High as EIA Reports Big Inventory Draw
Nilanjan Choudhury - Zacks Investment Research - Thu Jun 09, 5:20PM CDT
Oil soared past $51 as U.S. supplies declined further and disruptions continued in Nigeria.
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), COP: 40.31 (+0.52), XOM: 87.49 (+0.45), HFC: 26.66 (+1.08), CVX: 100.61 (+1.02)
Oil Rises as Inventory Draw Outweighs OPEC Inaction
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 03, 2:42PM CDT
Oil moved higher after EIA reported a drop in crude, gasoline and distillate stocks.
PSX: 78.66 (+2.51), VLO: 54.71 (+2.36), COP: 40.31 (+0.52), XOM: 87.49 (+0.45), HFC: 26.66 (+1.08), CVX: 100.61 (+1.02)