oil refiners
oil refiners Articles
Analysts at Credit Suisse on Monday cut their rating on Valero Energy to Neutral and maintained their $68 price target.
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So are any refiners still a buy? In a new research report, Deutsche Bank says yes, though not many are attractive now.
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How are investors to react when they see that Warren Buffett is still making bets in the oil and gas sector at a time when the sector has cratered?
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The Deutsche Bank team has cut price targets on many refining stocks. However, they do stay positive on three top pick companies that are still rated Buy.
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Oil refiner Phillips 66 reported fourth-quarter and full-year 2015 earnings before markets opened Friday morning.
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Valero Energy reported fourth-quarter and full-year 2015 earnings before markets opened Thursday.
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Of the four largest U.S. oil refiners, two boosted net income in each quarter of 2015.
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It turns out the largest shareholder of Phillips 66, Warren Buffett's Berkshire Hathaway, has been accumulating more shares.
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Are the refiners getting up there in valuation? The answer is probably yes, but the companies have pulled back from 52-week highs and are poised to keep the winning ways going.
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Oil refiner Phillips 66 reported mixed third-quarter 2015 earnings before markets opened Friday morning.
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ThinkstockPhillips 66 (NYSE: PSX) is scheduled to report third quarter financial results before the markets open on Friday. The consensus estimates from Thomson Reuters call for $2.24 in earnings per...
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Wikimedia CommonsBefore markets open on Wednesday morning, Valero Energy Corp. (NYSE: VLO) is scheduled to release third-quarter results. The consensus estimates for the oil refiner and ethanol maker...
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Phillips 66 announced Monday morning that it has set its capital spending budget for 2016 at $3.6 billion. Phillips 66 will also add $2 billion to its share repurchase plan.
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At first, it makes little sense that Alaska is the state with the highest average price for a gallon of regular.
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ThinkstockThe average price for a gallon of regular gas in the United States is $2.30, according to GasBuddy. However in five states, the number has dropped under $2. Several states gas prices should...
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