Oil & Gas Refining & Marketing
(MUR) Murphy Oil Analyst Maintains Neutral on Shares
We maintain our long-term Neutral recommendation on Murphy Oil Corporation (MUR) as the company continues to operate in a very competitive environment with peers having greater resources, which continues to impact Murphy’s profitability and ability to expand. The company’s...
28Nov2011 | vitalstocks | 0 comments | Continued(TSO) Tesoro Corporation 2011 Third Quarter Earnings Scorecard
Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter 2011. Now that the analysts have had some time to ponder over the quarterly performance of Tesoro, they are weighing their estimate revisions. Below we cover...
10Nov2011 | vitalstocks | 0 comments | Continued(MUR) Murphy Oil Beats Expectations
Murphy Oil Corporation (MUR) engaging in the exploration, production, refining and marketing of oil and gas in the U.S. and the U.K announced third-quarter 2011 income from continuing operations of $1.73 per share, surpassing the Zacks Consensus Estimate of $1.17. Results shot...
6Nov2011 | vitalstocks | 0 comments | Continued(SSL) Natural Gas-to-Liquids Coming to U.S.
Attentive investors may have noted an announcement last week by the large South Africa-based energy and chemicals company Sasol (SSL). The firm said it was commencing an eighteen-month feasibility study to determine the commercial viability of one of two options: either a two...
21Sep2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Upgraded to Neutral
Following Sunoco Inc’s (SUN) announcement to exit the refining business, we have upgraded the Philadelphia, Pennsylvania-based downstream operator’s shares to Neutral from Underperform. Last week, Sunoco came out with plans to get rid of its East Coast-based facilities that...
19Sep2011 | vitalstocks | 0 comments | Continued(ALJ) Stock Market News for September 19, 2011 – Market News
On Friday, U.S. markets inched up to close in the green with the S&P 500 recording its highest rally since July 2011. Hopes of EU overcoming its sovereign debt crisis gathered strength after Treasury Secretary Timothy Geithner said US would join other EU leaders to seek out...
19Sep2011 | vitalstocks | 0 comments | Continued(VLO) Valero Energy – Bull of the Day
Valero Energy’s (VLO) second quarter earnings climbed more than 39% year over year. The growth was backed by the overall improvement in the refining environment and higher feedstock discounts. Valero Energy remains enthusiastic about the third quarter and is consistently...
12Sep2011 | vitalstocks | 0 comments | Continued(TSO) Tesoro Corporation – Bull of the Day
We maintain our long-term Outperform recommendation on Tesoro Corporation (TSO) following a stellar second quarter 2011 performance. Higher throughput, improved margin environment and efficient operational performance aided the company to beat our earnings per share and revenue...
19Aug2011 | vitalstocks | 0 comments | Continued(TSO) Tesoro Maintains Earnings Momentum
Independent refiner Tesoro Corporation (TSO) came out with impressive second-quarter 2011 results, driven by higher throughput, improved margin environment and solid operational performance. Earnings per share (excluding special items) came in at $1.65, comfortably surpassing...
5Aug2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Spreads Retail Network
In an attempt to expand its retail web, Sunoco Inc. (SUN) added 13 sites of its namesake brand in Birmingham, Alabama. The expansion was done under the terms of an agreement entered into with Quality Petroleum of Alabama and Chattahoochee Oil, a distributor of petroleum products. The...
30Jun2011 | vitalstocks | 0 comments | Continued(HES) Rewards Even Out Risks at Hess
We are maintaining our long-term Neutral recommendation for Hess Corporation (HES). The company’s lower-than-expected first quarter 2011 results and tempered production outlook for 2011 were balanced by the ramp-up in activities in its extensive exploration and development...
29Jun2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Analyst Maintains Underperform on Shares
We have maintained our Underperform recommendation on oil refiner and marketer Sunoco Inc (SUN). Lately, investors have been selling the stock for its weak fundamentals and tepid outlook. The disappointing first quarter results have added to this bearishness. Sunoco, which competes...
29Jun2011 | vitalstocks | 0 comments | Continued(SUN) Sunoco Incorporated – Bear of the Day
We are maintaining our Underperform recommendation on Sunoco Inc. (SUN), based on a number of issues that have stalled the company’s stock price. Sunoco’s operational reliability issues and increased unscheduled downtime have overshadowed its strong quarterly results...
28Jun2011 | vitalstocks | 0 comments | Continued(VLO) Valero Energy’s Refinery to Run at Full Steam
Valero Energy Corp’s (VLO) Port Arthur, Texas refinery, which has refining throughput capacity of 287,000 barrels per day (bpd), will be running at full steam from this weekend. Activity at the refinery had slowed since June 6 when the plant’s coking unit was badly damaged...
19Jun2011 | vitalstocks | 0 comments | Continued(MRO) Is This The Second-Coming of the Texas Oil Boom?
by David Fessler, Investment U Senior Analyst Wednesday, June 15, 2011 It’s been almost 50 years since Americans heard that famous line from The Ballad of Jed Clampett: “Oil that is, black gold, Texas tea.“ For the rest of the world, the 20th century began on January...
16Jun2011 | InvestmentU | 0 comments | Continued(MRO) Marathon Spin-off Clears SEC Hurdle
Following completion of the review process by U.S. Securities and Exchange Commission (“SEC”) and declaration of the ‘Registration Statement’ as effective, leading integrated energy firm Marathon Oil Corporation (MRO) has completed all regulatory requirements on its way...
9Jun2011 | vitalstocks | 0 comments | Continued(VLO) Brazil Turns to U.S. to Meet Ethanol Demands
by Tony D’Altorio, Investment U Research Wednesday, May 25, 2011 Due to escalating Latin American demand, refineries often can’t keep up with fuel consumption, so global refiners have been quietly boosting refined fuel output. According to one of the largest U.S. refiners,...
25May2011 | InvestmentU | 0 comments | Continued(MUR) Murphy Oil Beats on Bottom Line
Murphy Oil Corporation (MUR) announced first-quarter 2011 operating earnings of $1.38 per share compared with 77 cents per share in the year-ago quarter. The results of the company surpassed the Zacks Consensus Estimate by 38 cents. The year-over-year growth in earnings was attributable...
7May2011 | vitalstocks | 0 comments | Continued(MRO) Marathon Oil Reports Jump in First Quarter 2011 Profits
Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported a jump in its first-quarter 2011 profits. As has been the case with the larger rivals that have already reported, such as ExxonMobil Corp. (XOM), Royal Dutch...
3May2011 | vitalstocks | 0 comments | Continued(MRO) Marathon Oil Corporation Finds Oil in Iraq
Leading integrated oil and gas company Marathon Oil Corporation (MRO) announced the discovery of oil at the Atrush-1 in the Kurdistan Region of Iraq. Marathon acquired a 20% stake in the block, through its subsidiary Marathon Petroleum KDV B.V. in October, 2010, making its...
18Apr2011 | vitalstocks | 0 comments | Continued(TSO) Tesoro Corporation – Bull of the Day
Supported by continued favorable trends in the refining industry, along with its initiatives to improve reliability and reduce operating costs, we are maintaining our Outperform recommendation on Tesoro Corp. (TSO) shares. We are optimistic about the sector given the improvement...
14Apr2011 | vitalstocks | 0 comments | Continued(SSL) Sasol Rates Near-Term Bullish
Last week, ADRs of Sasol Ltd. (SSL) hit a 52-week high of $60.39. The South Africa-based petrochemicals group has seen its share price climb approximately 50% since the end of August last year, as investors have been buying the stock for its attractive fundamentals and positive...
13Apr2011 | vitalstocks | 0 comments | Continued(TSO) Tesoro Corporation – Bull of the Day
Supported by continued favorable trends in the refining industry, along with its initiatives to improve reliability and reduce operating costs, we are maintaining our Outperform recommendation on Tesoro Corp. (TSO) shares. We are optimistic about the sector given the improvement...
7Apr2011 | vitalstocks | 0 comments | Continued(MRO) Marathon Oil Third Quarter 2010 Earnings Scorecard
Earlier this month, Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder over the quarterly...
13Dec2010 | vitalstocks | 0 comments | Continued(TSO) Tesoro Third Quarter 2010 Earnings Scorecard
Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Tesoro, they are weighing in their estimate revisions....
15Nov2010 | vitalstocks | 0 comments | Continued(TSO) Tesoro Third Quarter 2010 Earnings Scorecard
Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Tesoro, they are weighing in their estimate revisions....
15Nov2010 | vitalstocks | 0 comments | Continued(VLO) California Proposition Strongly Supports Green Energy
by David Fessler, Investment U’s Energy and Infrastructure Expert Friday, November 5, 2010: Issue #1382 Dear California… Thanks for showing some common sense. Sincerely, Planet Earth Finding a viable, top-down energy policy in the United States is about as elusive as finding...
5Nov2010 | InvestmentU | 0 comments | Continued(MRO) Marathon Oil Quarterly Profits Shoot Up
Marathon Oil Corporation (MRO) – the fifth largest refiner and marketer of petroleum products in the U.S. – reported a jump in its third-quarter 2010 profits. As has been the case with the larger rivals that have already reported, such as ExxonMobil (XOM), ConocoPhillips...
3Nov2010 | vitalstocks | 0 comments | Continued(MRO) Marathon Oil Signs Agreement With Iraq
Marathon Oil Corporation (MRO) has signed an exploration deal with the government of Iraq, which marks the company’s foray into the country’s oil and gas industry. The financial terms of the deal were not disclosed. Under the terms of the production sharing contracts (PSCs),...
24Oct2010 | vitalstocks | 0 comments | Continued(HES) Hess Earns Five Year Extension of Libyan Contract
The U.S. oil integrated Hess Corporation (HES) won a five-year contract extension for its exploration and production license off Libya’s coast. Yesterday, the Libyan government said that the contract extension is for Area 54 in the Sirte basin, about 480 kilometers off the...
26Sep2010 | vitalstocks | 0 comments | Continued