All Posts Tagged With: "SUN"
(SUN) Sunoco Incorporated – Bear of the Day
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...
(SUN) Sunoco Incorporated – Bear of the Day
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...
(SUN) Sunoco Analyst Downgrades Stock
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...
(VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
OUTLOOK
Crude Oil
The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level.
But high levels of...
($VLO) Oil & Gas Industry Stock Review – March 2010 – Industry Outlook
OUTLOOK
Crude Oil
The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity breaching the $80 per barrel level.
But high levels of...
(WNR) Western Refining Loss Narrows but Analysts Maintain Sell Rating
Oil refiner and marketer Western Refining Inc. (WNR) reported better-than-expected fourth quarter results, helped by higher sales volumes. Its loss per share, excluding special items, came in at 58 cents,...
(SUN) Sunoco Analysts Downbeat on The Near-Term
Last month, Sunoco Inc. (SUN), the Pennsylvania-based oil refiner and marketer, announced its financial results for the fourth quarter and fiscal year ended Dec. 31, 2009.
Disappointing Results
For...
(CVX) U.S. Oil Consumption Still Weak – Analyst Blog
The U.S. Energy Department’s weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency’s bearish report further added that refiners continued to cut production, and are currently...
(SUN) Sunoco Posts Wider Loss
Oil refiner and marketer Sunoco Inc. (SUN) reported marginally weaker-than-expected fourth quarter results, as the challenging market environment continued to adversely impact the company’s volumes and margins...
(SXL) Sunoco Logistics Partners’ Profit Drops
Sunoco Logistics Partners L.P. (SXL) – a master limited partnership (MLP) ? announced weaker-than-expected fourth quarter results, hurt by lower earnings in the Crude Oil Pipeline System segment. The partnership...
(EIA) Oil & Gas Stock Outlook – January 2010 – Industry Outlook
Crude Oil
The improving economic scene, both here in the U.S. as well as worldwide, is the main driver of the current oil rally that has seen the commodity settling around the $80 per barrel level. But high levels of product inventories (particularly...
($CVX) Crude Oil Dips on Inventory Jump
The federal government’s Energy Information Administration (EIA) announced a larger-than-expected build in crude oil and gasoline stockpiles. The agency’s bearish report further added that distillate supplies increased unexpectedly despite cold weather conditions, fueling...
(VLO) Surprise Build in Crude Inventories Announced by U.S. Energy Department
The U.S. Energy Department’s weekly inventory release showed a surprise build in crude and gasoline stockpiles. The agency’s bearish report further added that distillate supplies logged a narrower-than-expected decline, while refinery run-rates also decreased from...
(VLO) Oil Price Slides as Fuel Inventories Rise
The federal government’s Energy Information Administration (EIA) reported an unexpected decline in crude stockpiles. However, the report also showed a larger-than-anticipated buildup in gasoline and distillate inventories amid renewed concerns about weak demand in the U.S.,...
(BHI) Higher Inventory Drags Down Oil
The U.S. Energy Department’s weekly inventory release showed a surprise buildup in crude stockpiles. The agency’s bearish report further added that gasoline supplies rose much more than analysts projected, while refinery rates remained at historically low levels. The...
(SUN) Mixed Signals in U.S. Oil Demand
The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected build in crude stockpiles, a surprise drop in distillates and improvement in refinery run-rates. However, this piece of positive data was somewhat tempered by reports of increases in...
(WNR) Western Refining Suffers Quarterly Loss
Oil refiner and marketer Western Refining Inc. (WNR) reported weaker-than-expected third quarter results, pulled down by lower margins and throughput on the back of weak fuel demand and high inventories caused...
(TSO) Tesoro Corporation Beats Expectations – Cuts Dividend in Half
Tesoro Corporation’s (TSO) third-quarter 2009 results came in significantly better than expected, helped by better demand balance in the company’s key West Coast region. Earnings per share came in at 24...
(SUN) Sunoco Posts Disappointing Quarterly Earnings
Oil refiner and marketer Sunoco Inc. (SUN) reported weaker-than-expected third quarter results as its refining and chemicals operations slipped in the red, pulled down by reduced...
(SXL) Sunoco Logistics Partners L.P. Fairly Priced
Philadelphia-based Sunoco Logistics Partners L.P. (SXL) is a master limited partnership [MLP] that acquires, owns, and operates a geographically diverse portfolio of refined product and crude oil pipelines and terminal facilities.
Sunoco Logistics reported...
(SUN) Energy Information Administration Reports Big Drop in Fuel Stocks
Yesterday, the U.S. Energy Department’s weekly inventory release showed a less-than-expected build in crude stockpiles. However, the headline news was centered on a sharp drop in gasoline stocks and refinery utilization that pushed oil prices to a fresh 2009 peak and...
(CVX) Oil Down as Petroleum Supplies Rise
Yesterday, the federal government’s Energy Information Administration [EIA] reported an unexpected decline in crude stockpiles. However, the report also showed a larger-than-anticipated buildup in gasoline and distillate inventories, thereby offsetting the positive impact.
In...
(CVX) Another Sharp Drop in Crude Oil Stockpiles
Yesterday, the U.S. Energy Department’s weekly inventory release showed a sharp drop in crude stockpiles. However, this piece of positive data was somewhat tempered by reports of increases in refined product supplies like gasoline and distillate fuels.
The federal...
(SXL) Sunoco Logistics Partners LP Acquires Pipeline
Late last week, Sunoco Logistics Partners LP (SXL) reported that it has closed the acquisition of Excel Pipeline LLC, which owns the 52-mile Excel crude oil pipeline running from Duncan to a refinery in Wynnewood, both in Oklahoma. Sunoco Logistics purchased...
(SUN) Oil Refiner Sunoco Sells Fuel Distribution Business
Yesterday, oil refiner and marketer Sunoco Inc. (SUN) announced the sale of certain assets of its U.S. retail heating oil and propane distribution business to specialty chemicals supplier Superior Plus Corp. Canada-based Superior has agreed to pay $82.5 million...
(VLO) Two Big Reasons to Dump your Oil Refinery
Tony Daltorio, The Investment U Research Team
Quite...