Stock Blog Hub » Oil & Gas Refining & Marketing

(MUR) Murphy Oil Analyst Maintains Neutral on Shares

vitalstocks — Mon, 28 Nov 2011 16:51:02 +0000

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 success in the oil and gas sector hinges on its ability to replenish reserves with new [...]

(MUR) Murphy Oil Analyst Maintains Neutral on Shares

(TSO) Tesoro Corporation 2011 Third Quarter Earnings Scorecard

vitalstocks — Thu, 10 Nov 2011 21:24:16 +0000

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 the results of the recent earnings announcement, subsequent analyst estimate revisions and the [...]

(TSO) Tesoro Corporation 2011 Third Quarter Earnings Scorecard

(MUR) Murphy Oil Beats Expectations

vitalstocks — Sun, 06 Nov 2011 20:48:03 +0000

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 up 69.6% from $1.02 earned in the year ago quarter. Higher sales prices [...]

(MUR) Murphy Oil Beats Expectations

(SSL) Natural Gas-to-Liquids Coming to U.S.

vitalstocks — Wed, 21 Sep 2011 15:02:21 +0000

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 million tons per annum or four million tons per annum Gas-to-Liquids, or [...]

(SSL) Natural Gas-to-Liquids Coming to U.S.

(SUN) Sunoco Upgraded to Neutral

vitalstocks — Mon, 19 Sep 2011 20:32:06 +0000

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 have been performing poorly during the last few years, thereby removing a major overhang on the [...]

(SUN) Sunoco Upgraded to Neutral

(ALJ) Stock Market News for September 19, 2011 – Market News

vitalstocks — Mon, 19 Sep 2011 20:17:01 +0000

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 a solution to the euro zone debt situation. [...]

(ALJ) Stock Market News for September 19, 2011 – Market News

(VLO) Valero Energy – Bull of the Day

vitalstocks — Mon, 12 Sep 2011 17:20:00 +0000

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 reviewing its refining portfolio and enhancing the asset base by acquiring refinery assets that enhance [...]

(VLO) Valero Energy – Bull of the Day

(TSO) Tesoro Corporation – Bull of the Day

vitalstocks — Fri, 19 Aug 2011 18:17:21 +0000

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 projections. We believe that the favorable trends in the refining industry coupled with improvement in overseas economic activity [...]

(TSO) Tesoro Corporation – Bull of the Day

(TSO) Tesoro Maintains Earnings Momentum

vitalstocks — Fri, 05 Aug 2011 17:59:37 +0000

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 the Zacks Consensus estimate of $1.34 and way above the year-ago adjusted profit of 30 cents. The San Antonio, Texas-based [...]

(TSO) Tesoro Maintains Earnings Momentum

(SUN) Sunoco Spreads Retail Network

vitalstocks — Thu, 30 Jun 2011 21:28:12 +0000

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 existing set-up of Sunoco retail sites consist of [...]

(SUN) Sunoco Spreads Retail Network

(HES) Rewards Even Out Risks at Hess

vitalstocks — Wed, 29 Jun 2011 17:08:22 +0000

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 projects for the balance of the year. Although Hess underperformed in the first quarter, its earnings improved significantly [...]

(HES) Rewards Even Out Risks at Hess

(SUN) Sunoco Analyst Maintains Underperform on Shares

vitalstocks — Wed, 29 Jun 2011 17:01:05 +0000

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 in the Oil Refining and Marketing industry with firms like Valero Energy Corp. (VLO) [...]

(SUN) Sunoco Analyst Maintains Underperform on Shares

(SUN) Sunoco Incorporated – Bear of the Day

vitalstocks — Tue, 28 Jun 2011 15:59:30 +0000

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 and gains from successful restructuring initiatives over the last two years. Rising crude oil prices have added to [...]

(SUN) Sunoco Incorporated – Bear of the Day

(VLO) Valero Energy’s Refinery to Run at Full Steam

vitalstocks — Sun, 19 Jun 2011 17:29:32 +0000

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 by lightning. This forced the closure of a crude unit [...]

(VLO) Valero Energy’s Refinery to Run at Full Steam

(MRO) Is This The Second-Coming of the Texas Oil Boom?

InvestmentU — Thu, 16 Jun 2011 14:37:04 +0000

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 1, 1901. But for Texans, it started nine [...]

(MRO) Is This The Second-Coming of the Texas Oil Boom?

(MRO) Marathon Spin-off Clears SEC Hurdle

vitalstocks — Thu, 09 Jun 2011 17:43:15 +0000

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 to separating the refining/sales business from its exploration/production operations, and creating two independent companies in the process. Last [...]

(MRO) Marathon Spin-off Clears SEC Hurdle

(VLO) Brazil Turns to U.S. to Meet Ethanol Demands

InvestmentU — Thu, 26 May 2011 02:15:14 +0000

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, Valero Energy (NYSE: VLO), that’s especially true of the developing economies of both [...]

(VLO) Brazil Turns to U.S. to Meet Ethanol Demands

(MUR) Murphy Oil Beats on Bottom Line

vitalstocks — Sun, 08 May 2011 01:39:22 +0000

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 to a higher average realized crude oil sales price, improved natural gas [...]

(MUR) Murphy Oil Beats on Bottom Line

(MRO) Marathon Oil Reports Jump in First Quarter 2011 Profits

vitalstocks — Wed, 04 May 2011 01:48:47 +0000

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 Shell plc (RDSA) and Chevron Corp. (CVX), results were [...]

(MRO) Marathon Oil Reports Jump in First Quarter 2011 Profits

(MRO) Marathon Oil Corporation Finds Oil in Iraq

vitalstocks — Mon, 18 Apr 2011 14:35:34 +0000

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 foray into the country’s oil and gas industry. The remaining 80% [...]

(MRO) Marathon Oil Corporation Finds Oil in Iraq

(TSO) Tesoro Corporation – Bull of the Day

vitalstocks — Thu, 14 Apr 2011 15:19:24 +0000

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 in economic activity overseas and prospects for stronger fuel demand in the domestic market. Additionally, [...]

(TSO) Tesoro Corporation – Bull of the Day

(SSL) Sasol Rates Near-Term Bullish

vitalstocks — Thu, 14 Apr 2011 02:31:13 +0000

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 outlook. The turnaround in fuel prices amid recent optimism [...]

(SSL) Sasol Rates Near-Term Bullish

(TSO) Tesoro Corporation – Bull of the Day

vitalstocks — Thu, 07 Apr 2011 14:14:57 +0000

(TSO) Tesoro Corporation – Bull of the Day

(MRO) Marathon Oil Third Quarter 2010 Earnings Scorecard

vitalstocks — Mon, 13 Dec 2010 16:03:40 +0000

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 performance of Marathon, they are weighing in their estimate [...]

(MRO) Marathon Oil Third Quarter 2010 Earnings Scorecard

(TSO) Tesoro Third Quarter 2010 Earnings Scorecard

vitalstocks — Tue, 16 Nov 2010 05:02:25 +0000

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. Below we cover the results of the recent earnings announcement, subsequent analyst [...]

(TSO) Tesoro Third Quarter 2010 Earnings Scorecard

vitalstocks — Tue, 16 Nov 2010 04:49:09 +0000

(TSO) Tesoro Third Quarter 2010 Earnings Scorecard

(VLO) California Proposition Strongly Supports Green Energy

InvestmentU — Fri, 05 Nov 2010 18:50:22 +0000

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 a snowman in July. Just this past summer, the last vestiges of any [...]

(VLO) California Proposition Strongly Supports Green Energy

(MRO) Marathon Oil Quarterly Profits Shoot Up

vitalstocks — Wed, 03 Nov 2010 15:10:38 +0000

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 (COP), and Royal Dutch Shell PLC (RDSA), results were boosted by [...]

(MRO) Marathon Oil Quarterly Profits Shoot Up

(MRO) Marathon Oil Signs Agreement With Iraq

vitalstocks — Sun, 24 Oct 2010 20:37:54 +0000

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), Marathon acquired stakes in four exploration blocks in the Kurdistan Region [...]

(MRO) Marathon Oil Signs Agreement With Iraq

(HES) Hess Earns Five Year Extension of Libyan Contract

vitalstocks — Mon, 27 Sep 2010 05:06:06 +0000

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 coast. Hess acquired this license in 2005 and discovered hydrocarbons in 2008. [...]

(HES) Hess Earns Five Year Extension of Libyan Contract

(SUN) Double-Dip Means Double Trouble for U.S. Refiners – Play the Gasoline Boom $$

InvestmentU — Sun, 29 Aug 2010 16:10:54 +0000

by David Fessler, Energy and Infrastructure Expert Friday, August 27, 2010: Issue #1333 Despite boasting just 5% of the global population, the United States goes through 25% of the world’s oil every year. That startling statistic is no secret – and it’s entirely understandable. After all, much of it relates to Americans’ love affair with [...]

(SUN) Double-Dip Means Double Trouble for U.S. Refiners – Play the Gasoline Boom $$

(CBEH) China Integrated Energy – Beat Earnings Expectations by 11%

vitalstocks — Mon, 09 Aug 2010 14:33:14 +0000

China Integrated Energy, Inc. (CBEH) recently surprised on the Zacks Consensus for the fourth quarter in a row and continues to be bullish, raising its full year revenue guidance. China Integrated Energy distributes gasoline, petro-diesel and other petroleum products to retail customers throughout China, operates 12 retail gas stations in the Shaanxi Province, and produces [...]

(CBEH) China Integrated Energy – Beat Earnings Expectations by 11%

(HES) Hess and Toreador Plan Exploration in Paris Basin

vitalstocks — Thu, 20 May 2010 20:31:37 +0000

Hess Corporation (HES) has signed a deal with Toreador Resources Corporation (TRGL) under which it may become a co-holder of Toreador’s exploration permits in the Paris Basin, France. The Paris Basin represents approximately 1 million gross acres (of which 680,000 acres have been awarded and 360,000 acres are pending), which is a potentially big resource [...]

(HES) Hess and Toreador Plan Exploration in Paris Basin

(MRO) Marathon Oil Corporation Annouces Trimming of Downstream Business

vitalstocks — Thu, 20 May 2010 17:05:39 +0000

Houston-based integrated oil major Marathon Oil Corporation (MRO) has entered into an agreement with three private equity firms — ACON Investments LLC, TPG Capital LP and NTR Partners LLC — to sell most of its downstream assets in Minnesota for over $800 million. Marathon has also granted a period of exclusivity to the buying consortium [...]

(MRO) Marathon Oil Corporation Annouces Trimming of Downstream Business

(MUR) Murphy Oil Corporation Reports Earnings Below Estimates

vitalstocks — Wed, 19 May 2010 15:43:29 +0000

Subsequent to Murphy Oil Corporation’s (MUR) earnings release dated May 5, 2010, the company’s share price has remained largely stable. Despite the earnings sinking below estimates in the quarter, the company’s position remains strong on back of expectations of improved results from its Exploration & Production (E&P) segment. Earnings Review Murphy Oil posted earnings from [...]

(MUR) Murphy Oil Corporation Reports Earnings Below Estimates

(WNR) Western Refining’s Earnings Loss Narrows

vitalstocks — Mon, 17 May 2010 23:15:49 +0000

Oil refiner and marketer Western Refining Inc. (WNR) reported better-than-expected first quarter results, helped by higher sales volumes. Its loss per share, excluding special items, came in at 35 cents, narrower than the Zacks Consensus Estimate of 47 cents. In the year-ago period, the Texas-based company earned 76 cents per share (not including one-time items). [...]

(WNR) Western Refining’s Earnings Loss Narrows

(MRO) Marathon Oil Corporation Reports Better Than Expected Earnings

vitalstocks — Tue, 04 May 2010 21:04:18 +0000

Marathon Oil Corporation (MRO) — the fifth largest refiner and marketer of petroleum products in the U.S. — announced significantly better-than-expected first-quarter 2010 results. As has been the case with the larger rivals that have already reported, such as Exxon (XOM), ConocoPhillips (COP), BP Plc (BP), Royal Dutch Shell PLC (RDSA) and Chevron Corp. (CVX), [...]

(MRO) Marathon Oil Corporation Reports Better Than Expected Earnings

(HES) Hess Corporation Earnings Beat Significantly

vitalstocks — Thu, 29 Apr 2010 14:21:02 +0000

Hess Corp. (HES) reported first-quarter earnings of $1.50 per share, easily beating the Zacks Consensus Estimate of $1.07 and the year-earlier loss of 18 cents. Total revenue increased 34% year-over-year to $9.2 billion. Operational Performance The Exploration and Production (E&P) segment posted a $551 million profit in the quarter, compared with a loss of $64 [...]

(HES) Hess Corporation Earnings Beat Significantly

(MRO) Marathon Oil Corporation to Drill Off Indonesia

vitalstocks — Wed, 21 Apr 2010 20:24:23 +0000

Houston-based integrated oil major Marathon Oil Corporation (MRO) said that it will start drilling operations on the Pasang Kayu oil and gas block in Indonesia in the second quarter of 2010. Pasang Kayu is a potential oil and gas block holding approximately 1 billion barrels of oil equivalent (BOE). Though basically an offshore block, it [...]

(MRO) Marathon Oil Corporation to Drill Off Indonesia

(MRO) Marathon Oil Corporation Reports Weak Downstream

vitalstocks — Mon, 12 Apr 2010 17:51:57 +0000

Houston-based integrated oil major Marathon Oil Corporation (MRO) has provided an interim update for the first quarter of 2010 (covering the first two months of the quarter). The company expects the Upstream segment to benefit from higher commodity prices, somewhat offset by weak production. However, Marathon’s Downstream business will see its refinery margin slip into [...]

(MRO) Marathon Oil Corporation Reports Weak Downstream

(VLO) Valero Energy Corporation Sells Delaware City Refinery

vitalstocks — Mon, 12 Apr 2010 17:49:34 +0000

Valero Energy Corporation (VLO) has finally found a potential buyer for its Delaware City refinery. The company reached an agreement with PBF Energy Partners L.P. to sell this refinery for $220 million. In November last year, Valero permanently closed this refinery after failing to reach a consensus with any buyer. The transaction is expected to [...]

(VLO) Valero Energy Corporation Sells Delaware City Refinery

(VLO) Valero Energy Sells Delaware City Refinery

vitalstocks — Fri, 09 Apr 2010 21:37:42 +0000

Valero Energy Corp. (VLO) has finally found a potential buyer for its Delaware City refinery. The company reached an agreement with PBF Energy Partners L.P. to sell this refinery for $220 million. In November last year, Valero permanently closed this refinery after failing to reach a consensus with any buyer. The transaction is expected to [...]

(VLO) Valero Energy Sells Delaware City Refinery

(SUN) Sunoco Completes Chemical Subsidiary Sale

vitalstocks — Thu, 08 Apr 2010 00:32:51 +0000

Oil refiner and marketer Sunoco Inc. (SUN) closed the previously announced sale of its polypropylene subsidiary Sunoco Chemicals Inc. to Brazil-based petrochemical and resin producer Braskem S.A. (BAK) for approximately $350 million in cash. As part of the deal, Sunoco sold polypropylene manufacturing facilities in Marcus Hook, Pennsylvania; La Porte, Texas; and Neal, West Virginia. [...]

(SUN) Sunoco Completes Chemical Subsidiary Sale

(SUN) Sunoco Incorporated – Bear of the Day

vitalstocks — Wed, 07 Apr 2010 14:17:43 +0000

We have downgraded Sunoco, Inc. (SUN) shares to Underperform from Neutral, reflecting the bearish refining margin outlook. Weak demand for refined products in the global downturn and increased capacity has squeezed margins throughout the industry. Rising crude oil prices have added to Sunoco’s miseries by increasing the cost of production. With utilization rates remaining at [...]

(SUN) Sunoco Incorporated – Bear of the Day

(HES) Hess Corporation Sheds Non-Core UK Assets

vitalstocks — Tue, 06 Apr 2010 20:53:23 +0000

Hess Corporation (HES) is stepping forward to sell a few of its natural gas properties for $423 million in cash. The company has entered into an agreement with Scottish & Southern Energy to sell its interest in a bunch of natural gas production and transportation assets in the UK North Sea. The properties in question [...]

(HES) Hess Corporation Sheds Non-Core UK Assets

(SUN) Sunoco Incorporated – Bear of the Day

vitalstocks — Mon, 29 Mar 2010 17:37:04 +0000

We are downgrading Sunoco, Inc. (SUN) shares to Underperform from Neutral, reflecting the bearish refining margin outlook. Weak demand for refined products in the global downturn and increased capacity has squeezed margins throughout the industry. Rising crude oil prices have added to Sunoco’s miseries by increasing the cost of production. With utilization rates remaining at [...]

(SUN) Sunoco Incorporated – Bear of the Day

(SUN) Sunoco Analyst Downgrades Stock

vitalstocks — Sat, 27 Mar 2010 21:36:50 +0000

We are downgrading Sunoco Inc. (SUN) shares to Underperform from Neutral, reflecting the bearish refining margin outlook. Weak demand for refined products in the global downturn and increased capacity has squeezed margins throughout the industry. Rising crude oil prices have added to Sunoco’s miseries by increasing the cost of production. With utilization rates remaining at [...]

(SUN) Sunoco Analyst Downgrades Stock

(CBEH) China Integrated Energy – Bullish about 2010

vitalstocks — Thu, 18 Mar 2010 19:30:13 +0000

China Integrated Energy, Inc. (CBEH) recently reported record results for the fourth quarter as oil product demand stayed strong in China. CBEH is cheap, with a forward P/E of just 8.9. Company Description China Integrated Energy distributes gasoline, petro-diesel and other petroleum products to retail customers throughout China, operates 12 retail gas stations in the [...]

(CBEH) China Integrated Energy – Bullish about 2010

(WNR) Western Refining Loss Narrows but Analysts Maintain Sell Rating

vitalstocks — Wed, 10 Mar 2010 20:13:51 +0000

Oil refiner and marketer Western Refining Inc. (WNR) reported better-than-expected fourth quarter results, helped by higher sales volumes. Its loss per share, excluding special items, came in at 58 cents, narrower than the Zacks Consensus Estimate of 65 cents. Western’s encouraging results are in contrast to that of larger rivals Tesoro Corp. (TSO) and Sunoco [...]

(WNR) Western Refining Loss Narrows but Analysts Maintain Sell Rating

(SUN) Sunoco Analysts Downbeat on The Near-Term

vitalstocks — Mon, 08 Mar 2010 16:15:32 +0000

Last month, Sunoco Inc. (SUN), the Pennsylvania-based oil refiner and marketer, announced its financial results for the fourth quarter and fiscal year ended Dec. 31, 2009. Disappointing Results For the fourth quarter, Sunoco reported loss per share (excluding special items) of 27 cents, a penny wider than our estimates. The challenging market environment continued to [...]

(SUN) Sunoco Analysts Downbeat on The Near-Term