All Posts Tagged With: "VLO"

(VLO) Valero Energy Poised At Neutral

We reaffirmed our Neutral recommendation on the largest North American independent refiner and marketer of petroleum products Valero Energy Corporation (VLO), on May 14, 2013. Riding on growth in refining throughput margins, the company...

20May2013 | | Comments Off | Continued

(PFE) Grading the First Quarter Earnings Season – Earnings Preview

Grading the Q1 Earnings Season We have crossed the halfway mark in the Q1 earnings season, with results from 271 S&P 500 companies already out (as of Friday, April 26th). Please note that these 271 companies are more than just 54.2% of the index’s total membership –...

2May2013 | | Comments Off | Continued

(MLP) NuStar Closes Notes Offering

NuStar Logistics, L.P. – a subsidiary of publicly traded energy master limited partnership (MLP) NuStar Energy L.P. (NS) announced the closure of its previously announced public offering of hybrid notes. NuStar priced 7.625% fixed-to-floating...

29Jan2013 | | Comments Off | Continued

(CVX) Oil & Gas Stock Outlook – January 2013 – Industry Outlook

OUTLOOK Crude Oil High U.S. crude and fuel stocks, worries about North America and Europe’s growth outlook, a strong dollar and an impending fight over raising the U.S. debt ceiling have weakened oil prices to around low-$90s a barrel. Partly offsetting this unfavorable...

18Jan2013 | | Comments Off | Continued

(XOM) U.S. Refined Product Supplies Soar

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged an increase, as imports climbed and refinery demand weakened. The report further revealed that refined product inventories – gasoline and distillate – soared from their previous week levels on weakening...

15Jan2013 | | Comments Off | Continued

(NS) NuStar Energy Closes Refinery Sale

Publicly traded energy master limited partnership NuStar Energy L.P. (NS) completed the sale of its San Antonio refinery and associated terminal in Elmendorf, Texas to North American specialty hydrocarbons producer Calumet Specialty...

6Jan2013 | | Comments Off | Continued

(NS) NuStar Energy to Sell Refinery for $115 Million

Publicly traded energy master limited partnership NuStar Energy L.P. (NS) entered into a deal with North American specialty hydrocarbons producer Calumet Specialty Products Par ...

28Dec2012 | | Comments Off | Continued

(XOM) U.S. Crude Oil Drilling Production at 18-Yr High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed to its highest level in 18 years. The report further revealed that refined product inventories – gasoline and distillate – decreased from their previous week levels, as demand...

3Dec2012 | | Comments Off | Continued

(XOM) U.S. Crude Oil and Fuel Supplies Fall

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles logged a surprise decline, as imports fell. The report further revealed that refined product inventories – gasoline and distillate – decreased from their previous week levels. Meanwhile, refiners scaled up...

27Nov2012 | | Comments Off | Continued

(XOM) U.S. Refined Petroleum Products Inventory Increased

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as production climbed. The report further revealed that refined product inventories – gasoline and distillate – increased from their previous week levels. In particular, gasoline supplies in the...

9Nov2012 | | Comments Off | Continued

(COP) Crude Oil Supplies Jump on Import Surge

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased for the third week in a row, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago...

26Oct2012 | | Comments Off | Continued

(CVX) U.S. Crude Oil Supplies Surge Further

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks rose, while distillate supplies were down from the week-ago levels. Meanwhile, refiners...

22Oct2012 | | Comments Off | Continued

(VLO) U.S. Crude Inventory Builds – Refinery Products Drop

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased, as imports climbed and refinery demand weakened. The report further revealed that refined product inventories – gasoline and distillate – dropped from their week-ago levels. The Energy Information...

12Oct2012 | | Comments Off | Continued

(XOM) U.S. Crude Oil Stocks Fall Unexpectedly

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles dropped unexpectedly, as imports fell. The report further revealed that refined product inventories – gasoline and distillate – dropped from their week-ago levels, as demand strengthened. Meanwhile, refiners...

28Sep2012 | | Comments Off | Continued

(XHB) Stock Market News for September 27, 2012

European debt concerns and disappointing housing data dragged the benchmarks into the red for the third straight day. Moreover, with five-straight days of losses, the Standard & Poor 500 (S&P 500) suffered the longest decline since July 12. The Dow Jones Industrial Average (DJI) lost...

27Sep2012 | | Comments Off | Continued

(COP) U.S. Crude Oil Supplies Rise Unexpectedly

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped unexpectedly, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile,...

25Sep2012 | | Comments Off | Continued

(XLB) Stock Market News for September 4, 2012 – Market News

The key speech by Federal Reserve Chairman Ben Bernanke brought cheer to the markets on Friday. Bernanke assured investors of policy action by the central bank. However, the central bank is not jumping into action right now, and that somewhat limited the gains. Economists were also unsure if the central...

5Sep2012 | | Comments Off | Continued

(XOM) U.S. Reports Surprise Build in Crude Supplies

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped unexpectedly, as imports climbed. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile,...

31Aug2012 | | Comments Off | Continued

(VLO) Another Sharp Drop in Crude Supplies

The U.S. Energy Department’s weekly inventory release showed a steep drawdown in crude stockpiles. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners pulled back...

25Aug2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Supplies Drop Sharply

The U.S. Energy Department’s weekly inventory release showed a steep drawdown in crude stockpiles. The report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners pulled back...

18Aug2012 | | Comments Off | Continued

(EU) Stock Market News for July 25, 2012 – Market News

Corporate earnings failed to deliver any cheer to the markets on Tuesday. These dismal results combined with concerns from across the Atlantic dragged the domestic markets lower yet again. Germany suffered a lowering of its rating outlook and reports suggested that Greece will fail to pay off existing...

25Jul2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Inventories Down Again

The U.S. Energy Department’s weekly inventory release showed a small drawdown in crude stockpiles. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks dropped, while distillate supplies were up from the week-ago levels. Meanwhile, refiners...

20Jul2012 | | Comments Off | Continued

(EIA) U.S. Crude Oil Supplies Drop Further

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply, as imports declined and refinery activity rose. The agency’s report further revealed that refined product inventories – gasoline and distillate – increased from their previous week levels on...

15Jul2012 | | Comments Off | Continued

(CVX) U.S. Crude Oil Supply Inventories Nosedive

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply, as imports declined. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks edged up, while distillate supplies were down from the week-ago levels....

6Jul2012 | | Comments Off | Continued

(EIA) Crude Oil and Distillate Inventories Tumble

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell from their 22-year high levels, as imports declined and refinery activity rose. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks soared, while distillate...

29Jun2012 | | Comments Off | Continued

(XOM) First Crude Supply Dip in 11 Weeks

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell for the first time in 11 weeks – from their 22-year high levels – as imports declined and refinery activity rose by an impressive 1.9%. The agency’s report further revealed that refined product inventories...

7Jun2012 | | Comments Off | Continued

(XOM) Crude Supplies Jump to 11-Month High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles jumped to their highest level since May 2011, as imports climbed. However, on the bullish side, the agency’s report revealed that refined product inventories – gasoline and distillate – dropped sharply from...

20Apr2012 | | Comments Off | Continued

(XOM) U.S. Crude Oil Supplies Jump to 9-Month High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles rose to their highest level since June 2011, as imports soared. The agency’s report further revealed that within the ‘refined products’ category, gasoline stocks fell and distillate supplies were near flat....

10Apr2012 | | Comments Off | Continued

(XOM) U.S. Energy Department’s Weekly Inventory Crude Supply to 7-Month High

The U.S. Energy Department’s weekly inventory release showed that crude stockpiles rose to their highest level since August 2011, as imports soared. However, the agency’s report further revealed that product demand rose, as a result of which both gasoline and distillate stocks fell from their...

2Apr2012 | | Comments Off | Continued

(XLE) Stock Market News for March 26, 2012 – Market News

Energy and basic materials took the benchmarks modestly higher on Friday, snapping a three-day losing streak. However, meager gains failed to prevent the Dow and S&P 500 from suffering their worst weekly performance this year. Global economic concerns weighed on investors through the week and...

28Mar2012 | | Comments Off | Continued