PBF Energy Inc - Class A
NYSE: PBF
$30.34
+$0.50 (+1.7%)
Closing Price on November 13, 2024
PBF Articles
Cowen analysts are keeping a positive view on the refining sector due to solid underlying earnings potential and the developing theme of logistics growth.
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In a new research report, the team at Cowen submit that crude export regulations are largely unchanged and permits for condensate export do not constitute precedent.
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Analysts at Cowen say that, while second-quarter earnings estimates are coming down, they believe asset quality will be rewarded and see the crude pricing upside as setting up a buying opportunity.
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As the argument heats up on whether the United States should revoke its 40-year ban on crude oil exports, interest groups will be choosing sides and adding their voices to the discussion. Monday's...
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ThinkstockIt was only a matter of time. In the wake of the 1973 OPEC oil embargo, the U.S. enacted a law in 1975 that prohibits (with minor exceptions) exporting U.S. crude oil. But as U.S. crude...
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courtesy BP plcU.S. crude oil refiners’ stocks are surging Friday following the release of the International Energy Agency’s (IEA) October Oil Market Report. U.S. refinery throughput in September...
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ThinkstockShould you chase short sellers, particularly in the energy business? That is what you have to ask yourself after a Credit Suisse report on the sector. Oil has remained above $100 a barrel...
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ThinkstockEach of the independent refiners to report second-quarter earnings so far have shown year-over-year declines, reflective of a sluggish demand environment, rapidly compressing crude...
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ThinkstockOver the past 12 months, the best performing oil refining stock has been Tesoro Corp. (NYSE: TSO), which has doubled, even though it has dropped sharply in the past month. Phillips 66...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Amgen Inc. (NASDAQ: AMGN) cut to Neutral at Credit Suisse. ARM Holdings...
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