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TSO Articles

These are some of this Friday’s top analyst calls with upgrades, downgrades, and initiations seen in Wall Street research notes: BP plc (NYSE: BP) target cut at HSBC; Cut to Hold at UniCredit;...
Crude oil prices are off more than 20% from their high of $87.15 on May 3rd. The major contributor to that slide are serious concerns over sovereign debt primarily in the European Union. The nearly...
Calling for a stock to double has its risks.  That is especially the case when the heady market has turned into a cautious one.   Worse still, we have already seen many key companies double,...
Hell may have frozen over in the world of oil and gas.  Shares of oil refinery companies seem to have finally turned a corner.  In this aspect, we would be watching Valero Energy Corp. (NYSE: VLO)...
These are this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls: American Superconductor Corporation (NASDAQ: AMSC) Raised to Buy at Deutsche Bank. GT...
From the heady heights of the summer of 2008, oil refiners have suffered from a downturn. Valero Energy Corp. (NYSE:VLO) and Tesoro Corp. (NYSE:TSO), which refine and market petroleum products...
It is hard to not notice the $1.70 gain in WTI NYMEX Crude to over $86.50 per barrel this morning.  This is on the heels of new reports of economic recovery after last week’s gains in non-Farm...
These are this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research notes this morning: Alcoa, Inc. (NYSE: AA) Cut to Hold at Deutsche Bank. Alcon Inc. (NYSE:...
These are this Monday’s top analyst upgrades, downgrades, and initiations seen from Wall Street research calls: Aqua America (NYSE: WTR) Cut to Neutral at Macquarie. Brinker International (NYSE:...
We are starting to see some elevated options trading that appeared on the unusual volume screens.  Many of these are pre-earnings trading and some are on other expectations.  We have more detailed...
Valero Energy Corp. (NYSE: VLO) may have caused some irreparable harm to itself and to shareholders this week.  Losing money is just not something that the investing public was ready to stomach. ...
This week’s report from the Energy Information Administration noted that “strong supply availability from refiners now running at low utilizations in both Europe and the U.S. is likely to...
The best thing to say about the 2009 first quarter at refiner Valero Energy Corporation (NYSE:VLO) is that it was better than the first quarter a year ago. Refining margins are higher now, and the...
There has been a never-ending battle between rapidly changing energy prices and the effect on margins at refineries.  Since the beginning of the year, the best-performing crude oil refiner has been...
Fitch Ratings published a short report on the effect of the compression in crude oil spreads on refiners. We looked at this phenomenon about a month ago. Fitch concludes that the “relative cost...