Phillips 66
NYSE: PSX
$126.19
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PSX Articles
ThinkstockIf there’s any truth to the old saying about “doing well by doing good,” then oil and gasoline trader stand to do quite well over the next couple of weeks. That’s because the...
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thinkstockWTI crude oil is trading down about 1.6% this morning at around $85.70 primarily due to the lack of demand for crude from two large refineries that were shut down due to Hurricane Sandy....
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U.S. equity markets re-opened for business in New York this morning after a two-day shutdown forced by Hurricane Sandy. Markets opened higher, but lost their energy by mid-morning. Asian markets were...
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courtesy BP plcNow that Hurricane Sandy has run its course, oil refineries on the East Coast are either returning to service or making preparations to do so. The NuStar Energy LP (NYSE: NS)...
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courtesy Phillips 66Phillips 66 (NYSE: PSX) reported third-quarter 2012 earnings this morning. The oil refiner and marketer posted adjusted diluted earnings per share (EPS) of $2.97 on revenues of...
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U.S. stock markets were closed again today as New York City recovered from the damage brought on by Hurricane Sandy. In New York, both Nasdaq and the NYSE announced that the markets would be open...
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There are six large oil refineries in the path of Hurricane Sandy, and as of last night two were closed. The Phillips 66 (NYSE: PSX) refinery and the Hess Corp. (NYSE: HES) refinery in New Jersey...
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We noted earlier this morning the possibility that crude oil refineries would either be forced to reduce production or shut down completely as Hurricane Sandy moves toward the coast and on inland....
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Major European equities markets are trading lower today as investors are waiting to see the impact of Hurricane Sandy on the heavily populated U.S. East Coast. The U.K.’s FTSE 100 is down 0.7%,...
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The three major U.S. stock indexes opened flat this morning following a disappointing quarterly report from Apple Inc. (NASDAQ: AAPL) last night (more coverage here) which weighed on Asian tech...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Friday. Alkermes PLC (NASDAQ: ALKS) raised to Outperform as Bull of the Day at Zacks...
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Just as WTI crude trades at a discount to Brent crude, so too does crude for Canada’s oil sands (called Western Canada Select) trade at discount to WTI. The WTI-Brent spread is about $22 a barrel...
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We have tracked the key short interest changes in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK); Chevron Corp. (NYSE: CVX),...
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The 2,100-mile Keystone Pipeline, owned and operated by TransCanada Corp. (NYSE: TRP) was closed Wednesday night after routine integrity tests revealed potential safety issues with the line. The...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations we have seen from Wall St. research calls this Wednesday. ADT Corp. (NYSE: ADT) started as Outperform with $45 target at...
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