<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Stock Blog Hub &#187; Oil &amp; Gas Refining &amp; Marketing</title>
	<atom:link href="http://www.stockbloghub.com/category/oil-gas-refining-marketing/feed" rel="self" type="application/rss+xml" />
	<link>http://www.stockbloghub.com</link>
	<description>Start Your Investing Research Here!</description>
	<lastBuildDate>Wed, 16 May 2012 17:53:30 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.3.2</generator>
		<item>
		<title>(SUN) Sunoco Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/03/06/sun-sunoco-incorporated-bear-of-the-day-4/94416</link>
		<comments>http://www.stockbloghub.com/2012/03/06/sun-sunoco-incorporated-bear-of-the-day-4/94416#comments</comments>
		<pubDate>Tue, 06 Mar 2012 21:28:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=94416</guid>
		<description><![CDATA[A weak business model, geographically condensed asset base and operational hindrances compel us to downgrade Sunoco, Inc. (SUN) to Underperform from Neutral. Our pessimistic outlook on the stock is fueled by the company&#8217;s poorly performing refining and supply segment, which registered a high loss along with lower realized prices and throughput in the fourth quarter of 2011. Moreover, with the separation of the coke manufacturing business, Sunoco exhibits a weak business profile and remains susceptible to competitive risks. As such, we expect Sunoco to perform below the industry, which gives investors little reason to hold the stock. We render a pessimistic outlook on the stock in the coming quarters, which is the main reason for our downgrade of the rating. Our $36 price objective reflects a multiple of 6.2X the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/03/06/sun-sunoco-incorporated-bear-of-the-day-4/94416/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2012/02/24/sun-sunoco-inc-bear-of-the-day/92532</link>
		<comments>http://www.stockbloghub.com/2012/02/24/sun-sunoco-inc-bear-of-the-day/92532#comments</comments>
		<pubDate>Fri, 24 Feb 2012 18:18:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=92532</guid>
		<description><![CDATA[A weak business model, geographically un-diversified asset base and operational hindrances compel us to downgrade Sunoco, Inc. (SUN) to Underperform from Neutral. Our pessimistic outlook on the stock is fueled by the company&#8217;s poorly performing refining and supply segment, which registered a high loss along with lower realized prices and throughput in the fourth quarter of 2011. Moreover, with the separation of the coke manufacturing business, Sunoco exhibits a weak business profile and remains susceptible to competitive risks. As such, we expect Sunoco to perform below the industry, which gives investors little reason to hold the stock. We render a pessimistic outlook on the stock in the coming quarters, which is the main reason for our downgrade of the rating. Our $36 price objective reflects a multiple of 6.2X the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/24/sun-sunoco-inc-bear-of-the-day/92532/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MUR) Murphy Oil Analyst Maintains Neutral on Shares</title>
		<link>http://www.stockbloghub.com/2011/11/28/mur-murphy-oil-analyst-maintains-neutral-on-shares/87359</link>
		<comments>http://www.stockbloghub.com/2011/11/28/mur-murphy-oil-analyst-maintains-neutral-on-shares/87359#comments</comments>
		<pubDate>Mon, 28 Nov 2011 16:51:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[MUR]]></category>
		<category><![CDATA[Murphy Oil Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=87359</guid>
		<description><![CDATA[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&#8217;s success in the oil and gas sector hinges on its ability to replenish reserves with new findings. Profitability is seriously hampered by the company’s inability to find new resource and unsuccessful drilling. Failed drilling attempts in Congo, Suriname and more recently in Indonesia have severely affected Murphy’s stock performance. Among the positives are the company&#8217;s strong balance sheet and its ability to generate consistent cash flows. Besides, the step taken by Murphy, during the third quarter, to exit its refining business and concentrate more on its exploration &#38; production (E&#38;P) operations ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/28/mur-murphy-oil-analyst-maintains-neutral-on-shares/87359/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Corporation 2011 Third Quarter Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2011/11/10/tso-tesoro-corporation-2011-third-quarter-earnings-scorecard/86851</link>
		<comments>http://www.stockbloghub.com/2011/11/10/tso-tesoro-corporation-2011-third-quarter-earnings-scorecard/86851#comments</comments>
		<pubDate>Thu, 10 Nov 2011 21:24:16 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86851</guid>
		<description><![CDATA[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 Zacks ratings for the outlook. Earnings Review On November 2, 2011, Tesoro reported stellar third-quarter 2011 results, driven by higher throughput, improved margin environment and solid operational performance. Earnings per share (excluding special items) came in at $2.39, comfortably surpassing the Zacks Consensus Estimate of $1.83 and way above the year-ago adjusted profit of 51 cents. The company reported revenue of $8,101.0 million for the three-month period, up 52.3% from the prior-year figure of $5,320.0 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/10/tso-tesoro-corporation-2011-third-quarter-earnings-scorecard/86851/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MUR) Murphy Oil Beats Expectations</title>
		<link>http://www.stockbloghub.com/2011/11/06/mur-murphy-oil-beats-expectations/86499</link>
		<comments>http://www.stockbloghub.com/2011/11/06/mur-murphy-oil-beats-expectations/86499#comments</comments>
		<pubDate>Sun, 06 Nov 2011 20:48:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ADS]]></category>
		<category><![CDATA[Alliance Data Systems Corporation]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Contango Oil & Gas Company]]></category>
		<category><![CDATA[MCF]]></category>
		<category><![CDATA[MUR]]></category>
		<category><![CDATA[Murphy Oil Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86499</guid>
		<description><![CDATA[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 for crude oil production, stronger U.S. retail gasoline station profits and favorable impacts from transactions denominated in foreign currencies enabled the company to present a better  show in the quarter. Including income of $70.4 million or 36 cents per share from sale of Superior and Meraux refineries, the company reported a net income of $406.1 million or $2.09 per share compared with $202.8 million or $1.05  in the year ago quarter. Total Revenue Murphy&#8217;s total revenue for third-quarter 2011 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/06/mur-murphy-oil-beats-expectations/86499/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SSL) Natural Gas-to-Liquids Coming to U.S.</title>
		<link>http://www.stockbloghub.com/2011/09/21/ssl-natural-gas-to-liquids-coming-to-u-s/83665</link>
		<comments>http://www.stockbloghub.com/2011/09/21/ssl-natural-gas-to-liquids-coming-to-u-s/83665#comments</comments>
		<pubDate>Wed, 21 Sep 2011 15:02:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Cabot Oil & Gas Corporation]]></category>
		<category><![CDATA[CBI]]></category>
		<category><![CDATA[Chesapeake Energy Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[Chicago Bridge & Iron Company N.V.]]></category>
		<category><![CDATA[CHK]]></category>
		<category><![CDATA[COG]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Devon Energy Corporation]]></category>
		<category><![CDATA[DVN]]></category>
		<category><![CDATA[ECA]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Encana Corporation]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Flowserve Corporation]]></category>
		<category><![CDATA[FLS]]></category>
		<category><![CDATA[Forest Oil Corporation]]></category>
		<category><![CDATA[Foster Wheeler AG]]></category>
		<category><![CDATA[FST]]></category>
		<category><![CDATA[FWLT]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[KBR]]></category>
		<category><![CDATA[KBR Inc.]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[Sasol Limited]]></category>
		<category><![CDATA[SSL]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83665</guid>
		<description><![CDATA[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 ‘GTL,’ production facility in southwestern Louisiana. This would be the first GTL facility in the United States, indeed in the Western hemisphere. The liquids produced are expected to be generally kerosene and allied products, for diesel or jet fuel. This could be the start of a major movement to, effectively, substitute abundant, cheap natural gas produced within North America, for expensive, imported crude oil. The economic, balance of payments, financial and investment implications are enormous. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/21/ssl-natural-gas-to-liquids-coming-to-u-s/83665/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/09/19/sun-sunoco-upgraded-to-neutral/83235</link>
		<comments>http://www.stockbloghub.com/2011/09/19/sun-sunoco-upgraded-to-neutral/83235#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:32:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Sunoco Logistics Partners LP]]></category>
		<category><![CDATA[SXL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83235</guid>
		<description><![CDATA[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 stock. The Philadelphia and Marcus Hook refineries’ profitability have been hampered by higher crude prices, while their Mid-Continent competitors continue to benefit from the lower oil prices caused by the crude glut in Cushing. We remain positive on the outlook for the new Sunoco – without refining – as it holds the promise of unlocking significant value from its non-refining businesses apart from providing more stable revenue streams. In particular, Sunoco’s logistics business – conducted ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/sun-sunoco-upgraded-to-neutral/83235/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(ALJ) Stock Market News for September 19, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/09/19/alj-stock-market-news-for-september-19-2011-market-news/83506</link>
		<comments>http://www.stockbloghub.com/2011/09/19/alj-stock-market-news-for-september-19-2011-market-news/83506#comments</comments>
		<pubDate>Mon, 19 Sep 2011 20:17:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[ALJ]]></category>
		<category><![CDATA[Alon USA Energy Inc.]]></category>
		<category><![CDATA[Amazon.com Inc]]></category>
		<category><![CDATA[AMZN]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Barnes & Noble Inc.]]></category>
		<category><![CDATA[BKS]]></category>
		<category><![CDATA[COL]]></category>
		<category><![CDATA[Diamond Foods Inc.]]></category>
		<category><![CDATA[DMND]]></category>
		<category><![CDATA[INTC]]></category>
		<category><![CDATA[Intel Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[Microsoft Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[MSFT]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[PG]]></category>
		<category><![CDATA[Procter & Gamble Company]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[Rockwell Collins Inc.]]></category>
		<category><![CDATA[Schlumberger Limited]]></category>
		<category><![CDATA[SLB]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Textron Inc.]]></category>
		<category><![CDATA[TXT]]></category>
		<category><![CDATA[TYC]]></category>
		<category><![CDATA[Tyco International Limited]]></category>
		<category><![CDATA[United Technologies Corporation]]></category>
		<category><![CDATA[UTX]]></category>
		<category><![CDATA[Williams Companies Inc.]]></category>
		<category><![CDATA[WMB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=83506</guid>
		<description><![CDATA[On Friday, U.S. markets inched up to close in the green with the S&#38;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. Markets further rose on news that United Technologies Corporation is looking to finance a major U.S. acquisition. The Dow Jones Industrial Average (DJIA) gained 0.7% or 75.91 points and finished the day at 11,509.09 marking its longest winning streak since 1st July. For the week, the blue chip index rose 4.7%. The Standard &#38; Poor 500 (S&#38;P 500) was up 0.6% and settled at 1,216.01 with telecom and utilities emerging as the biggest gainers while ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/19/alj-stock-market-news-for-september-19-2011-market-news/83506/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Valero Energy &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/09/12/vlo-valero-energy-bull-of-the-day-2/82969</link>
		<comments>http://www.stockbloghub.com/2011/09/12/vlo-valero-energy-bull-of-the-day-2/82969#comments</comments>
		<pubDate>Mon, 12 Sep 2011 17:20:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=82969</guid>
		<description><![CDATA[Valero Energy&#8217;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 its operating performance. We expect Valero&#8217;s 2011 and 2012 earnings to benefit from improving U.S. and global economies, higher refining margins, wider crude discounts, increased operating rates and continued cost saving initiatives. Therefore, we are maintaining our recommendation at Outperform. Valero remains our favored stock in the refining space for its sound balance sheet, good liquidity and solid assets base. Our $26 price objective reflects a P/E of 6.25 on our 2011 EPS estimate. VALERO ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/09/12/vlo-valero-energy-bull-of-the-day-2/82969/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Corporation &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/08/19/tso-tesoro-corporation-bull-of-the-day-4/81671</link>
		<comments>http://www.stockbloghub.com/2011/08/19/tso-tesoro-corporation-bull-of-the-day-4/81671#comments</comments>
		<pubDate>Fri, 19 Aug 2011 18:17:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=81671</guid>
		<description><![CDATA[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 and prospects for stronger fuel demand in the domestic market will enable the company to attain a competitive edge against its peers in the coming months. Furthermore, Tesoro&#8217;s strategic actions &#8212; to upgrade crude oil supply and cost saving initiatives &#8212; will drive the company&#8217;s profitable growth and boost its stock valuation. As such, we rate Tesoro shares as an attractive investment and continue to rate it as Outperform. Our $25 price objective reflects a ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/19/tso-tesoro-corporation-bull-of-the-day-4/81671/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Maintains Earnings Momentum</title>
		<link>http://www.stockbloghub.com/2011/08/05/tso-tesoro-maintains-earnings-momentum/80706</link>
		<comments>http://www.stockbloghub.com/2011/08/05/tso-tesoro-maintains-earnings-momentum/80706#comments</comments>
		<pubDate>Fri, 05 Aug 2011 17:59:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80706</guid>
		<description><![CDATA[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 firm reported revenue of $7,963.0 million for the three-month period. This was 13.5% above our projection and was  also up 54.8% year-over-year. Segmental Analysis Refining: Tesoro’s Refining segment posted an operating income of $399 million versus $150 million in the year-earlier quarter. This marked improvement can be attributed to higher refinery throughput rates, significant crude sourcing advantage, and better margins. Retail: The Retail unit earned $38 million during the three-month period, up from $30 million ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/05/tso-tesoro-maintains-earnings-momentum/80706/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Spreads Retail Network</title>
		<link>http://www.stockbloghub.com/2011/06/30/sun-sunoco-spreads-retail-network/77968</link>
		<comments>http://www.stockbloghub.com/2011/06/30/sun-sunoco-spreads-retail-network/77968#comments</comments>
		<pubDate>Thu, 30 Jun 2011 21:28:12 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Sunoco Logistics Partners LP]]></category>
		<category><![CDATA[SXL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77968</guid>
		<description><![CDATA[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 more than 4,900 stores selling transportation fuels and convenience items. Constructions of the new outlets are underway and will be made part of the Sunoco brand by the end of the third quarter. Management remains highly upbeat about this development and noted that the new stores will widen Sunoco’s horizons. The company is also tying up with various distributors that will likely strengthen its foothold in Midwest and other Southeastern states. Sunoco has embarked upon ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/sun-sunoco-spreads-retail-network/77968/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HES) Rewards Even Out Risks at Hess</title>
		<link>http://www.stockbloghub.com/2011/06/29/hes-rewards-even-out-risks-at-hess/77584</link>
		<comments>http://www.stockbloghub.com/2011/06/29/hes-rewards-even-out-risks-at-hess/77584#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:08:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77584</guid>
		<description><![CDATA[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 from the year-ago period on higher crude oil realizations. However, we remain apprehensive about the company’s reduced 2011 production guidance of 385–395 thousand barrels of oil equivalent per day (MBoe/d) versus its prior expectation of 415–425 MBoe/d. The lowered forecast mainly reflects loss of Libyan volumes, a shut-in well at the Llano field in the Gulf of Mexico (GoM) and Production Sharing Contract (PSC) impacts from higher oil prices. But stepped up activities at Bakken, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/hes-rewards-even-out-risks-at-hess/77584/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Analyst Maintains Underperform on Shares</title>
		<link>http://www.stockbloghub.com/2011/06/29/sun-sunoco-analyst-maintains-underperform-on-shares/77645</link>
		<comments>http://www.stockbloghub.com/2011/06/29/sun-sunoco-analyst-maintains-underperform-on-shares/77645#comments</comments>
		<pubDate>Wed, 29 Jun 2011 17:01:05 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Arcelor Mittal]]></category>
		<category><![CDATA[MT]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77645</guid>
		<description><![CDATA[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) and Tesoro Corp. (TSO), currently has a Zacks #4 Rank (Sell rating) for the short run. In recent times, a number of issues have stalled the company’s stock price. Operational reliability problems and increased unscheduled downtime – that led to a dull first quarter in which the company lost $1.01 per share – have overshadowed its gains from successful restructuring initiatives over the last two years. We expect these concerns to act as a drag ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/29/sun-sunoco-analyst-maintains-underperform-on-shares/77645/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/06/28/sun-sunoco-incorporated-bear-of-the-day-3/77673</link>
		<comments>http://www.stockbloghub.com/2011/06/28/sun-sunoco-incorporated-bear-of-the-day-3/77673#comments</comments>
		<pubDate>Tue, 28 Jun 2011 15:59:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77673</guid>
		<description><![CDATA[We are maintaining our Underperform recommendation on Sunoco Inc. (SUN), based on a number of issues that have stalled the company&#8217;s stock price. Sunoco&#8217;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 Sunoco&#8217;s challenges by increasing the cost of production. Pitfalls from the ArcelorMittal litigation settlement, as well as the lack of geographic diversification and refining flexibility, have also become major liabilities for Sunoco, in our view. Given these headwinds, we expect Sunoco shares to be under pressure in the near future. Our $37 price objective reflects a 2011 P/E multiple of 42.1x. SUNOCO INC (SUN): Free Stock Analysis Report Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/28/sun-sunoco-incorporated-bear-of-the-day-3/77673/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Valero Energy&#8217;s Refinery to Run at Full Steam</title>
		<link>http://www.stockbloghub.com/2011/06/19/vlo-valero-energys-refinery-to-run-at-full-steam/76697</link>
		<comments>http://www.stockbloghub.com/2011/06/19/vlo-valero-energys-refinery-to-run-at-full-steam/76697#comments</comments>
		<pubDate>Sun, 19 Jun 2011 17:29:32 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76697</guid>
		<description><![CDATA[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 at the refinery. Valero is currently in the process of replacing the damaged motor but expects the coking unit to return to operation after a compressor is repaired. San Antonio, Texas-based Valero Energy is the largest independent refiner and marketer of petroleum products in the U.S. It has 14 refineries located throughout the U.S., Canada and the Caribbean. Valero is also a leading ethanol producer with 10 plants in the Midwest. The company is also ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/19/vlo-valero-energys-refinery-to-run-at-full-steam/76697/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Is This The Second-Coming of the Texas Oil Boom?</title>
		<link>http://www.stockbloghub.com/2011/06/16/mro-is-this-the-second-coming-of-the-texas-oil-boom/76426</link>
		<comments>http://www.stockbloghub.com/2011/06/16/mro-is-this-the-second-coming-of-the-texas-oil-boom/76426#comments</comments>
		<pubDate>Thu, 16 Jun 2011 14:37:04 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[APA]]></category>
		<category><![CDATA[Apache Corporation]]></category>
		<category><![CDATA[Carrizo Oil & Gas Inc]]></category>
		<category><![CDATA[CRZO]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[Whiting Petroleum Corporation]]></category>
		<category><![CDATA[WLL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76426</guid>
		<description><![CDATA[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 days later when the Spindletop well blew out drilling mud, gas and oil… Texas tea, as it soon became known. The gusher spouted more than 100 feet into the air, and it took nine days to cap it. That single event transformed the Lone Star state from an arid cattle-herding wilderness into the nation’s premiere oil and gas supplier. The Spindletop Field Discovery: Texas’ First Oil Boom The discovery of the Spindletop field led to ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/16/mro-is-this-the-second-coming-of-the-texas-oil-boom/76426/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Spin-off Clears SEC Hurdle</title>
		<link>http://www.stockbloghub.com/2011/06/09/mro-marathon-spin-off-clears-sec-hurdle/75852</link>
		<comments>http://www.stockbloghub.com/2011/06/09/mro-marathon-spin-off-clears-sec-hurdle/75852#comments</comments>
		<pubDate>Thu, 09 Jun 2011 17:43:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[IRS]]></category>
		<category><![CDATA[IRSA Investments and Representations Inc]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=75852</guid>
		<description><![CDATA[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 month, Marathon got a positive nod from the U.S. Internal Revenue Service (IRS). The IRS approved that the spin-off of the company’s downstream unit will be tax free to Marathon shareowners. This was followed by authorization from the company’s Board of Directors. As a result, the transaction – announced in January – is now ready to take effect on June 30, 2011. The deal will lead to the formation of a new downstream company called ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/09/mro-marathon-spin-off-clears-sec-hurdle/75852/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Brazil Turns to U.S. to Meet Ethanol Demands</title>
		<link>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903</link>
		<comments>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903#comments</comments>
		<pubDate>Thu, 26 May 2011 02:15:14 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Cosan Limited]]></category>
		<category><![CDATA[CZZ]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=74903</guid>
		<description><![CDATA[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 Mexico and Brazil. Brazil’s demand for refined fuels, such as ethanol, makes sense – what with a rapidly rising middle class that is making more car purchases, many of which run on gasoline, as well as a large number of flex-fuel vehicles (FFVs) that run on either gasoline or an 85 percent blend of ethanol. And as the world leader in ethanol production and exports, it comes as a bit of a surprise that Brazil ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/25/vlo-brazil-turns-to-u-s-to-meet-ethanol-demands/74903/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MUR) Murphy Oil Beats on Bottom Line</title>
		<link>http://www.stockbloghub.com/2011/05/07/mur-murphy-oil-beats-on-bottom-line/73443</link>
		<comments>http://www.stockbloghub.com/2011/05/07/mur-murphy-oil-beats-on-bottom-line/73443#comments</comments>
		<pubDate>Sun, 08 May 2011 01:39:22 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ADS]]></category>
		<category><![CDATA[Alliance Data Systems Corporation]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Contango Oil & Gas Company]]></category>
		<category><![CDATA[MCF]]></category>
		<category><![CDATA[MUR]]></category>
		<category><![CDATA[Murphy Oil Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73443</guid>
		<description><![CDATA[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 production volumes, better U.S. refining margins and more favorable foreign currency transaction. These positives were marginally offset by lower crude oil sales volume, a decline in the natural gas sales price in North America and an increase in exploration expenses. Total Revenue Murphy&#8217;s total revenue for first-quarter 2011 grew 41.9% to $7.35 billion from $5.18 billion reported in the year-ago period. The favorable outcome was driven primarily by improved performance from the Refining and Marketing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/07/mur-murphy-oil-beats-on-bottom-line/73443/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Reports Jump in First Quarter 2011 Profits</title>
		<link>http://www.stockbloghub.com/2011/05/03/mro-marathon-oil-reports-jump-in-first-quarter-2011-profits/73152</link>
		<comments>http://www.stockbloghub.com/2011/05/03/mro-marathon-oil-reports-jump-in-first-quarter-2011-profits/73152#comments</comments>
		<pubDate>Wed, 04 May 2011 01:48:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73152</guid>
		<description><![CDATA[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 boosted by higher crude prices. Much-improved downstream margins also contributed towards Marathon’s strong results. Earnings per share, excluding special items, came in at $1.65, comfortably beating the Zacks Consensus Estimate of $1.42 and significantly ahead of the year-ago period adjusted profit of 44 cents. Quarterly revenue of $21,071.0 million was up 26.4% from the year-earlier level, and was 6.4% above our projection. Segmental Performance Upstream: Income from the upstream segment totaled $668 million during the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/03/mro-marathon-oil-reports-jump-in-first-quarter-2011-profits/73152/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Corporation Finds Oil in Iraq</title>
		<link>http://www.stockbloghub.com/2011/04/18/mro-marathon-oil-corporation-finds-oil-in-iraq/71614</link>
		<comments>http://www.stockbloghub.com/2011/04/18/mro-marathon-oil-corporation-finds-oil-in-iraq/71614#comments</comments>
		<pubDate>Mon, 18 Apr 2011 14:35:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71614</guid>
		<description><![CDATA[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% working interest in Atrush is with the joint-venture company General Exploration Partners, Inc., a subsidiary of Aspect Holdings, LLC and ShaMaran Petroleum, Inc. Situated at approximately 55 miles northwest of Erbil, the well was drilled to about 11,000 feet of depth and encountered almost 400 feet of net pay in the Jurassic zone. The companies performed drill stem tests to estimate the reservoir pressure gradients, fluid content and properties, and reservoir deliverability. Although restricted by ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/18/mro-marathon-oil-corporation-finds-oil-in-iraq/71614/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Corporation &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/14/tso-tesoro-corporation-bull-of-the-day-2/71547</link>
		<comments>http://www.stockbloghub.com/2011/04/14/tso-tesoro-corporation-bull-of-the-day-2/71547#comments</comments>
		<pubDate>Thu, 14 Apr 2011 15:19:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71547</guid>
		<description><![CDATA[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, we believe Tesoro&#8217;s strategic actions to improve its performance and competitiveness in a cost-effective manner will drive the company&#8217;s profitable growth and boost its stock valuation. Tesoro&#8217;s scale and diversification benefits, afforded by its portfolio of seven refineries, add to the positive sentiment. As such, we believe Tesoro is well positioned going forward and view it as an attractive investment. Our $33 price objective reflects a 2011 P/E multiple of 14.8x. TESORO CORP (TSO): Free ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/14/tso-tesoro-corporation-bull-of-the-day-2/71547/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SSL) Sasol Rates Near-Term Bullish</title>
		<link>http://www.stockbloghub.com/2011/04/13/ssl-sasol-rates-near-term-bullish/71474</link>
		<comments>http://www.stockbloghub.com/2011/04/13/ssl-sasol-rates-near-term-bullish/71474#comments</comments>
		<pubDate>Thu, 14 Apr 2011 02:31:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Sasol Limited]]></category>
		<category><![CDATA[SSL]]></category>
		<category><![CDATA[Talisman Energy Inc]]></category>
		<category><![CDATA[TLM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71474</guid>
		<description><![CDATA[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 about the economic recovery has added to this bullishness. Sasol, which has recently signed two transactions with Canadian energy explorer Talisman Energy Inc (TLM) to enter the North American shale gas market, has a Zacks #2 Rank (Buy rating) in the short run. The co-operation with Talisman is part of Sasol’s previously laid out plans for a significant outlay in upstream shale gas resources associated with its gas-to-liquids (“GTL’) projects in North America, apart from ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/ssl-sasol-rates-near-term-bullish/71474/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Corporation &#8211; Bull of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/07/tso-tesoro-corporation-bull-of-the-day/70778</link>
		<comments>http://www.stockbloghub.com/2011/04/07/tso-tesoro-corporation-bull-of-the-day/70778#comments</comments>
		<pubDate>Thu, 07 Apr 2011 14:14:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70778</guid>
		<description><![CDATA[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, we believe Tesoro&#8217;s strategic actions to improve its performance and competitiveness in a cost-effective manner will drive the company&#8217;s profitable growth and boost its stock valuation. Tesoro&#8217;s scale and diversification benefits, afforded by its portfolio of seven refineries, add to the positive sentiment. As such, we believe Tesoro is well positioned going forward and view it as an attractive investment. Our $33 price objective reflects a 2011 P/E multiple of 14.8x. TESORO CORP (TSO): Free ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/07/tso-tesoro-corporation-bull-of-the-day/70778/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Third Quarter 2010 Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/12/13/mro-marathon-oil-third-quarter-2010-earnings-scorecard/59652</link>
		<comments>http://www.stockbloghub.com/2010/12/13/mro-marathon-oil-third-quarter-2010-earnings-scorecard/59652#comments</comments>
		<pubDate>Mon, 13 Dec 2010 16:03:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59652</guid>
		<description><![CDATA[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 revisions. Below we cover the results of the recent earnings announcement, subsequent analyst estimate revisions and Zacks ratings for the outlook. Earnings Review On November 2, 2010, Marathon reported a jump in its third-quarter 2010 profits, boosted by higher fuel prices. Much-improved downstream margins also contributed towards the company’s strong results. Earnings per share, excluding special items, came in at $1.00, comfortably beating the Zacks Consensus Estimate of 94 cents and significantly ahead of the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/13/mro-marathon-oil-third-quarter-2010-earnings-scorecard/59652/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Third Quarter 2010 Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard-2/59379</link>
		<comments>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard-2/59379#comments</comments>
		<pubDate>Tue, 16 Nov 2010 05:02:25 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59379</guid>
		<description><![CDATA[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 estimate revisions and Zacks ratings for the outlook. Earnings Review On November 4, 2010, Tesoro reported third-quarter 2010 results that came in better than expected, buoyed by strong contributions from the refining business unit along with robust distillate exports, a reformed U.S. manufacturing sector and increased port activity nationwide, partially offset by weak gasoline margins. Net earnings per share, excluding certain expenses, came in at 51 cents, beating the Zacks Consensus Estimate of 43 and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard-2/59379/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(TSO) Tesoro Third Quarter 2010 Earnings Scorecard</title>
		<link>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard/59378</link>
		<comments>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard/59378#comments</comments>
		<pubDate>Tue, 16 Nov 2010 04:49:09 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59378</guid>
		<description><![CDATA[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 estimate revisions and Zacks ratings for the outlook. Earnings Review On November 4, 2010, Tesoro reported third-quarter 2010 results that came in better than expected, buoyed by strong contributions from the refining business unit along with robust distillate exports, a reformed U.S. manufacturing sector and increased port activity nationwide, partially offset by weak gasoline margins. Net earnings per share, excluding certain expenses, came in at 51 cents, beating the Zacks Consensus Estimate of 43 and ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/15/tso-tesoro-third-quarter-2010-earnings-scorecard/59378/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) California Proposition Strongly Supports Green Energy</title>
		<link>http://www.stockbloghub.com/2010/11/05/vlo-california-proposition-strongly-supports-green-energy/58197</link>
		<comments>http://www.stockbloghub.com/2010/11/05/vlo-california-proposition-strongly-supports-green-energy/58197#comments</comments>
		<pubDate>Fri, 05 Nov 2010 18:50:22 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[First Solar]]></category>
		<category><![CDATA[FSLR]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[Trina Solar Limited]]></category>
		<category><![CDATA[TSL]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=58197</guid>
		<description><![CDATA[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 meaningful climate change legislation withered on the vine in the Senate, despite getting previous approval in the House of Representatives. It was the latest in a long line of frustrating blows to those in favor of cleaner, greener energy – and underlined the fact that the solution to our energy will come from the ground up, rather than the top down… And Tuesday’s elections provided a great example of that, as voters in California emphatically ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/05/vlo-california-proposition-strongly-supports-green-energy/58197/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Quarterly Profits Shoot Up</title>
		<link>http://www.stockbloghub.com/2010/11/03/mro-marathon-oil-quarterly-profits-shoot-up/57563</link>
		<comments>http://www.stockbloghub.com/2010/11/03/mro-marathon-oil-quarterly-profits-shoot-up/57563#comments</comments>
		<pubDate>Wed, 03 Nov 2010 15:10:38 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=57563</guid>
		<description><![CDATA[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 higher fuel prices. Much-improved downstream margins also contributed towards Marathon’s strong results. Earnings per share, excluding special items, came in at $1.00, comfortably beating the Zacks Consensus Estimate of 94 cents and significantly ahead of the year-ago period adjusted profit of 61 cents. Quarterly revenue of $18.6 billion was up 28.3% from the year-earlier level, and was 2.3% above our projection. Segmental Performance Upstream: Income from the upstream segment totaled $510 million during the quarter, ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/03/mro-marathon-oil-quarterly-profits-shoot-up/57563/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Signs Agreement With Iraq</title>
		<link>http://www.stockbloghub.com/2010/10/24/mro-marathon-oil-signs-agreement-with-iraq/56320</link>
		<comments>http://www.stockbloghub.com/2010/10/24/mro-marathon-oil-signs-agreement-with-iraq/56320#comments</comments>
		<pubDate>Sun, 24 Oct 2010 20:37:54 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[HAL]]></category>
		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=56320</guid>
		<description><![CDATA[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 of Iraq. The company will hold 80% ownership and operating interest in the two blocks &#8211; Harir and Safen, located northeast of Erbil. The remaining 20% will be under the Kurdistan Regional Government. Marathon will also control 20% of the working interest in the Atrush block and 25% in the Sarsang block, north-northwest of Erbil. In an attempt to revive the oil sector, mutilated by years of neglect and military violence, Iraq government is venturing ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/10/24/mro-marathon-oil-signs-agreement-with-iraq/56320/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HES) Hess Earns Five Year Extension of Libyan Contract</title>
		<link>http://www.stockbloghub.com/2010/09/26/hes-hess-earns-five-year-extension-of-libyan-contract/52736</link>
		<comments>http://www.stockbloghub.com/2010/09/26/hes-hess-earns-five-year-extension-of-libyan-contract/52736#comments</comments>
		<pubDate>Mon, 27 Sep 2010 05:06:06 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Occidental Petroleum Corporation]]></category>
		<category><![CDATA[OXY]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=52736</guid>
		<description><![CDATA[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. Although the government did not disclose the details of the contract, it said that the company can carry out appraisal operations as well as additional exploration activity. Libya has the largest proven oil reserve in Africa. International oil majors such as Occidental (OXY), ExxonMobil Corp. (XOM) and ConocoPhillips (COP) have already invested huge amounts for the development of the area. Earlier this year, the Libyan government had warned that the interest of these U.S. companies ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/09/26/hes-hess-earns-five-year-extension-of-libyan-contract/52736/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Double-Dip Means Double Trouble for U.S. Refiners &#8211; Play the Gasoline Boom $$</title>
		<link>http://www.stockbloghub.com/2010/08/29/sun-double-dip-means-double-trouble-for-u-s-refiners-play-the-gasoline-boom/49571</link>
		<comments>http://www.stockbloghub.com/2010/08/29/sun-double-dip-means-double-trouble-for-u-s-refiners-play-the-gasoline-boom/49571#comments</comments>
		<pubDate>Sun, 29 Aug 2010 16:10:54 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[commodities]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Frontier Oil Corporation]]></category>
		<category><![CDATA[FTO]]></category>
		<category><![CDATA[HOC]]></category>
		<category><![CDATA[Holly Corporation]]></category>
		<category><![CDATA[PBR]]></category>
		<category><![CDATA[Petroleo Brasileiro]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>
		<category><![CDATA[Tesoro Corporation]]></category>
		<category><![CDATA[TSO]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=49571</guid>
		<description><![CDATA[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 their automobiles – one that dates back well over 100 years. And our gas-dependent ways have only increased over the past 15 years or so with the increasing popularity of large, powerful cars, SUVs and trucks. But the recession hit the auto industry hard. Truck and SUV-loving consumers drifted away from dealerships in droves. And the recession has dragged gasoline prices down, too. Today, U.S. gasoline usage is still languishing and prices are trending lower. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/29/sun-double-dip-means-double-trouble-for-u-s-refiners-play-the-gasoline-boom/49571/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CBEH) China Integrated Energy &#8211; Beat Earnings Expectations by 11%</title>
		<link>http://www.stockbloghub.com/2010/08/09/cbeh-china-integrated-energy-beat-earnings-expectations-by-11/47124</link>
		<comments>http://www.stockbloghub.com/2010/08/09/cbeh-china-integrated-energy-beat-earnings-expectations-by-11/47124#comments</comments>
		<pubDate>Mon, 09 Aug 2010 14:33:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[CBEH]]></category>
		<category><![CDATA[China Integrated Energy]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=47124</guid>
		<description><![CDATA[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 alternative energy fuels at a bio-diesel facility with 100,000 ton annual capacity. China Integrated Energy Beat by 11% On Aug 4, China Integrated Energy reported its second quarter results and, once again, beat the Zacks Consensus. Earnings per share were 30 cents compared to the consensus of 27 cents. It was another awesome quarter for sales growth, boosted by the addition of 5 retail gas stations compared to the year ago quarter. Revenue jumped 61% ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/08/09/cbeh-china-integrated-energy-beat-earnings-expectations-by-11/47124/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HES) Hess and Toreador Plan Exploration in Paris Basin</title>
		<link>http://www.stockbloghub.com/2010/05/20/hes-hess-and-toreador-plan-exploration-in-paris-basin/37780</link>
		<comments>http://www.stockbloghub.com/2010/05/20/hes-hess-and-toreador-plan-exploration-in-paris-basin/37780#comments</comments>
		<pubDate>Thu, 20 May 2010 20:31:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Toreador Resources Corporation]]></category>
		<category><![CDATA[TRGL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37780</guid>
		<description><![CDATA[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 of shale oil. As per the deal, Hess will make a $15 million upfront payment and invest up to $120 million for a two-phase work program. Phase 1 (expected to last 30 months) comprises acreage evaluation and drilling of six wells, with the first well planned for late 2010. The results of Phase 1 will lead to Phase 2, which will comprise appraisal and development activities. Hess will then assume a 50% interest in Toreador’s Paris ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/20/hes-hess-and-toreador-plan-exploration-in-paris-basin/37780/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Corporation Annouces Trimming of Downstream Business</title>
		<link>http://www.stockbloghub.com/2010/05/20/mro-marathon-oil-corporation-annouces-trimming-of-downstream-business/37773</link>
		<comments>http://www.stockbloghub.com/2010/05/20/mro-marathon-oil-corporation-annouces-trimming-of-downstream-business/37773#comments</comments>
		<pubDate>Thu, 20 May 2010 17:05:39 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37773</guid>
		<description><![CDATA[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 to work toward a negotiation of the transaction, which is expected to close by the late third or fourth quarter. As per the non-binding letter of intent signed between the parties, Marathon plans to offload 166 company-owned and -operated SuperAmerica convenience stores together with the SuperMom&#8217;s Bakery (a baked goods supply operation), SuperAmerica Franchising LLC, interests in pipeline assets in Minnesota, as well as related inventories. The proposed deal also includes the sale of Marathon’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/20/mro-marathon-oil-corporation-annouces-trimming-of-downstream-business/37773/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MUR) Murphy Oil Corporation Reports Earnings Below Estimates</title>
		<link>http://www.stockbloghub.com/2010/05/19/mur-murphy-oil-corporation-reports-earnings-below-estimates/37623</link>
		<comments>http://www.stockbloghub.com/2010/05/19/mur-murphy-oil-corporation-reports-earnings-below-estimates/37623#comments</comments>
		<pubDate>Wed, 19 May 2010 15:43:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[MUR]]></category>
		<category><![CDATA[Murphy Oil Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37623</guid>
		<description><![CDATA[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 &#38; Production (E&#38;P) segment. Earnings Review Murphy Oil posted earnings from continuing operations of 77 cents per share in the first quarter of 2010, below the Zacks Consensus Estimate of $1.00. However, earnings were significantly higher than 37 cents reported last year, primarily driven by improved earnings in the E&#38;P segment as a result of higher realized oil prices in the quarter. Earnings from Murphy’s E&#38;P business improved a whopping 391% from a year-ago quarter, primarily due to a 50% higher average realized crude oil sales ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/19/mur-murphy-oil-corporation-reports-earnings-below-estimates/37623/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WNR) Western Refining&#8217;s Earnings Loss Narrows</title>
		<link>http://www.stockbloghub.com/2010/05/17/wnr-western-refinings-earnings-loss-narrows/37408</link>
		<comments>http://www.stockbloghub.com/2010/05/17/wnr-western-refinings-earnings-loss-narrows/37408#comments</comments>
		<pubDate>Mon, 17 May 2010 23:15:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37408</guid>
		<description><![CDATA[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). The main factors causing the year-over-year negative comparison reflects lower margins and throughput on the back of weak fuel demand and high inventories caused by the prolonged economic slowdown. Results were also dragged down by major turnaround work that was performed at El Paso and the planned maintenance at Gallup during the quarter. Revenue of $1.9 billion was up 40.0% from the first quarter 2009 level. Refining Segment Results Western’s refining segment experienced an operating ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/17/wnr-western-refinings-earnings-loss-narrows/37408/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Corporation Reports Better Than Expected Earnings</title>
		<link>http://www.stockbloghub.com/2010/05/04/mro-marathon-oil-corporation-reports-better-than-expected-earnings/36089</link>
		<comments>http://www.stockbloghub.com/2010/05/04/mro-marathon-oil-corporation-reports-better-than-expected-earnings/36089#comments</comments>
		<pubDate>Tue, 04 May 2010 21:04:18 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[ConocoPhillips]]></category>
		<category><![CDATA[COP]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=36089</guid>
		<description><![CDATA[Marathon Oil Corporation (MRO) &#8212; the fifth largest refiner and marketer of petroleum products in the U.S. &#8212; 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), results were boosted by higher crude realizations. However, Marathon’s downstream operations remained under pressure on the back of depressed refining margins. Earnings per share, excluding special items, came in at 44 cents, way above the Zacks Consensus Estimate of 19 cents and also exceeded the year-ago period adjusted profit of 34 cents. Quarterly revenue of $16.8 billion was up 63.6% from the year-earlier level, driven by robust upstream results. Upstream Earnings Soar Income from the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/05/04/mro-marathon-oil-corporation-reports-better-than-expected-earnings/36089/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HES) Hess Corporation Earnings Beat Significantly</title>
		<link>http://www.stockbloghub.com/2010/04/29/hes-hess-corporation-earnings-beat-significantly/35466</link>
		<comments>http://www.stockbloghub.com/2010/04/29/hes-hess-corporation-earnings-beat-significantly/35466#comments</comments>
		<pubDate>Thu, 29 Apr 2010 14:21:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=35466</guid>
		<description><![CDATA[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&#38;P) segment posted a $551 million profit in the quarter, compared with a loss of $64 million in the year-earlier quarter. Results were positively impacted by a significant increase in oil prices and volumes. Quarterly crude oil and natural gas production on an oil-equivalent barrel basis was 423 thousand barrels of oil equivalent per day (MBOE/d) &#8212; 72% liquids and 28% natural gas &#8212; up more than 8% year over year. Worldwide crude oil realization per barrel during the quarter was $63.62 (including the impact of hedging), up 85% year over ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/29/hes-hess-corporation-earnings-beat-significantly/35466/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Corporation to Drill Off Indonesia</title>
		<link>http://www.stockbloghub.com/2010/04/21/mro-marathon-oil-corporation-to-drill-off-indonesia/34549</link>
		<comments>http://www.stockbloghub.com/2010/04/21/mro-marathon-oil-corporation-to-drill-off-indonesia/34549#comments</comments>
		<pubDate>Wed, 21 Apr 2010 20:24:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=34549</guid>
		<description><![CDATA[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 includes some onshore areas as well. This block ranges from onshore Sulawesi to water depths of up to 7,200 feet and covers 1.2 million acres. Marathon has been fairly active on the upstream front. Its strong inventory of development projects provides for a visible production growth over the coming years. We believe that management’s guidance for annual production growth of 7% through 2012 is on the conservative side. For a better management of its upstream ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/21/mro-marathon-oil-corporation-to-drill-off-indonesia/34549/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(MRO) Marathon Oil Corporation Reports Weak Downstream</title>
		<link>http://www.stockbloghub.com/2010/04/12/mro-marathon-oil-corporation-reports-weak-downstream/33435</link>
		<comments>http://www.stockbloghub.com/2010/04/12/mro-marathon-oil-corporation-reports-weak-downstream/33435#comments</comments>
		<pubDate>Mon, 12 Apr 2010 17:51:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Marathon Oil Corporation]]></category>
		<category><![CDATA[MRO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33435</guid>
		<description><![CDATA[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 the red amid higher crude oil input costs and heavy maintenance at its plants. Marathon’s bearish refining update is in contrast to the one issued by larger rival Chevron Corp. (CVX), which expects the company’s downstream results to return to profit, buoyed by improved refining margins. Upstream Marathon expects first-quarter oil and natural gas production available for sale from continuing operations to average 360,000 oil-equivalent barrels per day (BOE/d), which is within the company&#8217;s guidance ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/12/mro-marathon-oil-corporation-reports-weak-downstream/33435/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Valero Energy Corporation Sells Delaware City Refinery</title>
		<link>http://www.stockbloghub.com/2010/04/12/vlo-valero-energy-corporation-sells-delaware-city-refinery/33391</link>
		<comments>http://www.stockbloghub.com/2010/04/12/vlo-valero-energy-corporation-sells-delaware-city-refinery/33391#comments</comments>
		<pubDate>Mon, 12 Apr 2010 17:49:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33391</guid>
		<description><![CDATA[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 be closed in the second quarter. Post-closure, Valero will continue to supply its customers by entering into a terminaling agreement with the new owner. This deal will make incremental cash flow for the company, management said. Valero’s continued focus on reducing costs and improving operating efficiency will significantly improve the company’s competitive position. While we believe that the industry fundamentals remain weak, we expect Valero to be profitable this year as a result of idling/selling ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/12/vlo-valero-energy-corporation-sells-delaware-city-refinery/33391/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(VLO) Valero Energy Sells Delaware City Refinery</title>
		<link>http://www.stockbloghub.com/2010/04/09/vlo-valero-energy-sells-delaware-city-refinery/33333</link>
		<comments>http://www.stockbloghub.com/2010/04/09/vlo-valero-energy-sells-delaware-city-refinery/33333#comments</comments>
		<pubDate>Fri, 09 Apr 2010 21:37:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33333</guid>
		<description><![CDATA[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 be closed in the second quarter. Post-closure, Valero will continue to supply its customers by entering into a terminaling agreement with the new owner. Management said that this deal will make incremental cash flow for the company. Valero’s continued focus on reducing costs and improving operating efficiency will significantly improve the company’s competitive position. While we believe that the industry fundamentals remain weak, we expect Valero to be profitable this year as a result of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/09/vlo-valero-energy-sells-delaware-city-refinery/33333/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Completes Chemical Subsidiary Sale</title>
		<link>http://www.stockbloghub.com/2010/04/07/sun-sunoco-completes-chemical-subsidiary-sale/33008</link>
		<comments>http://www.stockbloghub.com/2010/04/07/sun-sunoco-completes-chemical-subsidiary-sale/33008#comments</comments>
		<pubDate>Thu, 08 Apr 2010 00:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[BAK]]></category>
		<category><![CDATA[Braskem S.A.]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=33008</guid>
		<description><![CDATA[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. These plants have a combined annual production capacity of approximately 2.1 billion pounds of polypropylene (a plastic used in packaging, carpets, stationery, lab equipment and automotive parts). The sale also includes a research and technology center in Pittsburgh, Pennsylvania. The Braskem transaction is part of Sunoco’s strategic action to improve its performance and competitiveness in a cost-effective manner, as the company struggles to cope with the bearish refining margin environment. Other such steps include the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/07/sun-sunoco-completes-chemical-subsidiary-sale/33008/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/04/07/sun-sunoco-incorporated-bear-of-the-day-2/32987</link>
		<comments>http://www.stockbloghub.com/2010/04/07/sun-sunoco-incorporated-bear-of-the-day-2/32987#comments</comments>
		<pubDate>Wed, 07 Apr 2010 14:17:43 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32987</guid>
		<description><![CDATA[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&#8217;s miseries by increasing the cost of production. With utilization rates remaining at historically low levels, we see a fairly unfavorable macro backdrop for independent refiners over the coming 6-12 months. Sunoco&#8217;s lack of geographic diversification and refining flexibility has also become a major liability, in our view. Given these headwinds, we expect Sunoco shares to be under pressure in the near future. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/07/sun-sunoco-incorporated-bear-of-the-day-2/32987/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HES) Hess Corporation Sheds Non-Core UK Assets</title>
		<link>http://www.stockbloghub.com/2010/04/06/hes-hess-corporation-sheds-non-core-uk-assets/32908</link>
		<comments>http://www.stockbloghub.com/2010/04/06/hes-hess-corporation-sheds-non-core-uk-assets/32908#comments</comments>
		<pubDate>Tue, 06 Apr 2010 20:53:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=32908</guid>
		<description><![CDATA[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 &#38; 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 are Hess&#8217; interests in the Everest and Lomond natural gas fields and the Central Area Transmission System in Central North Sea. It also includes the company’s interest in the Bacton Corridor and Easington Catchment Area natural gas fields located in the Southern North Sea. The sale is expected to be closed in the third quarter of this year. Hess has been continuously optimizing its portfolio by selling off its non-core assets to grow its reserves ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/04/06/hes-hess-corporation-sheds-non-core-uk-assets/32908/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2010/03/29/sun-sunoco-incorporated-bear-of-the-day/31963</link>
		<comments>http://www.stockbloghub.com/2010/03/29/sun-sunoco-incorporated-bear-of-the-day/31963#comments</comments>
		<pubDate>Mon, 29 Mar 2010 17:37:04 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31963</guid>
		<description><![CDATA[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&#8217;s miseries by increasing the cost of production. With utilization rates remaining at historically low levels, we see a fairly unfavorable macro backdrop for independent refiners over the coming 6-12 months. Sunoco&#8217;s lack of geographic diversification and refining flexibility has also become a major liability in our view. Given these headwinds, we expect Sunoco shares to be under pressure in the near future. Zacks Investment Research]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/29/sun-sunoco-incorporated-bear-of-the-day/31963/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SUN) Sunoco Analyst Downgrades Stock</title>
		<link>http://www.stockbloghub.com/2010/03/27/sun-sunoco-analyst-downgrades-stock/31561</link>
		<comments>http://www.stockbloghub.com/2010/03/27/sun-sunoco-analyst-downgrades-stock/31561#comments</comments>
		<pubDate>Sat, 27 Mar 2010 21:36:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[SUN]]></category>
		<category><![CDATA[Sunoco Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=31561</guid>
		<description><![CDATA[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 historically low levels, we see a fairly unfavorable macro backdrop for independent refiners over the coming 6 - 12 months. Sunoco’s lack of geographic diversification and refining flexibility has also become a major liability, in our view. Sunoco has announced certain strategic actions to improve the company’s performance and competitiveness in a cost-effective manner. These include the closure of the previously-idled Eagle Point (New Jersey) refinery, a definitive agreement to sell the polypropylene business and cutting ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/27/sun-sunoco-analyst-downgrades-stock/31561/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(CBEH) China Integrated Energy &#8211; Bullish about 2010</title>
		<link>http://www.stockbloghub.com/2010/03/18/cbeh-china-integrated-energy-bullish-about-2010/30897</link>
		<comments>http://www.stockbloghub.com/2010/03/18/cbeh-china-integrated-energy-bullish-about-2010/30897#comments</comments>
		<pubDate>Thu, 18 Mar 2010 19:30:13 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Oil & Gas Refining & Marketing]]></category>
		<category><![CDATA[CBEH]]></category>
		<category><![CDATA[China Integrated Energy]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=30897</guid>
		<description><![CDATA[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 Shaanxi Province, and produces alternative energy fuels at a bio-diesel facility with 100,000 ton annual capacity. In November 2009, the company announced it was building a second structure at its bio-diesel facility which would expand production by 50,000 tons. Production is expected to begin in the third quarter of 2010. China Integrated Energy is the only non-state-owned integrated bio-diesel producer with a distribution license in the country. The distribution segment services over 640 million people ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/03/18/cbeh-china-integrated-energy-bullish-about-2010/30897/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

