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Trump's Tariff Threat To Canada May Disrupt Oil Markets, Inflate Prices: 'Would Likely Raise The Price Of Fuels,' Says Analyst
Wednesday, November 27, 2024 - 9:01am | 680President-elect Donald Trump‘s move to impose 25% tariffs on Canada can thwart the growth of the stock markets and affect corporate profits, inflation, transportation and oil marketing companies. What Happened: This comes as Goldman Sachs head of commodities research, Daan Struyven told...
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With Over 30 LNG Tankers Waiting Off The Coast Of Europe, US Gas Transporters Could Benefit From Contango
Friday, November 4, 2022 - 3:43pm | 446More than 30 natural gas tankers carrying liquified natural gas (LNG) are idling, reported the Wall Street Journal, and slowing their routes off Europe’s coast, waiting for the price of fuel to rise. As Dutch TTF December Gas Futures stabilized to 113.50 euros from a ...
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Renewable Fuel Requirements Threaten To Play Bigger Role In Diesel Price
Wednesday, April 21, 2021 - 10:41am | 1536Drivers and fleet owners who don't understand all the nuances of how the retail price of diesel is set should think of it as a stacked bar chart. At the base is the price of crude. That will always be the biggest factor because except for renewable supplies of diesel, the fuel comes from crude....
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IMO 2020 "Cheating" Still A Wildcard For Bunker Fuel Prices
Monday, April 1, 2019 - 11:43am | 568The start of the IMO 2020 regulation is just nine months away, but it's still too early to tell the level at which vessel owners and operators will comply with the law and how well countries will enforce it – both of which will affect the price of bunker fuel for ships. That compliance-...
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When Fuel Prices Are Moving Up And Down, Who Is Making Money?
Friday, January 18, 2019 - 10:37am | 2318With oil markets whipping up and down—down from early October to right around Christmas, and then shooting back up since then into the first days of the new year—it begs the question: who is making money on these moves? There are really only two parts of the petroleum sector where...
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Distressed LTL Carrier Xpress Global Systems Snapped Up by Aterian Investment Partners
Monday, December 24, 2018 - 10:58am | 1212Aterian Investment Partners, a private equity firm from New York, announced its acquisition of Chattanooga-based Xpress Global Systems, LLC (XGS), an LTL carrier focused on carpet and other floor covering products. Panton Capital Holdings, an Atlanta-based private equity firm, was the seller in the...
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CSX Was The First Rail Co. To Report Q1 Earnings; In-Line Results
Wednesday, April 13, 2016 - 8:29am | 351Shares of CSX Corporation (NASDAQ: CSX) gained more than 3 percent early Wednesday morning after the company reported its first-quarter results Tuesday. CSX said it earned $0.37 per share in the first quarter on revenue of $2.618 billion. Wall Street analysts were expecting the company to earn $0....
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United Lowers Guidance On Oil And Terror Attacks
Tuesday, January 12, 2016 - 11:39am | 195Shares of United Continental Holdings Inc (NYSE: UAL) were trading lower by nearly 2 percent on Tuesday after the company reported its December 2015 operational performance and fourth quarter guidance. United Continental said its December 2015 consolidated traffic (revenue passenger miles...
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Jets ETF CEO: Airliners Set For 'Spectacular Earnings'
Tuesday, December 8, 2015 - 12:27pm | 456Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors, told Benzinga that airliners are set up to report "spectacular earnings." Holmes added that airline stocks have gained as of late following a notable dip in oil prices. The airline and investment pro...
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Barclays Remains Bullish On Airlines, Despite 2016 Expected To Be 'One Of The Worst Years Of Revenue Growth' Since 1984
Thursday, September 17, 2015 - 1:19pm | 798Fuel prices have dropped around 10 percent since airliners last reported their earnings in July. David Fintzen of Barclays commented in a note on Thursday that airliners will continue to be a "net beneficiary" of low oil. The bullish thesis isn't as "flawless" as it was in 2013, but remains "...
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Deutsche Bank Upgrades American Airlines, Delta And Copa To Buy
Tuesday, September 1, 2015 - 10:07am | 370Michael Linenberg, Deutsche Bank's analyst that covers the U.S. airline sector, commented in a note that shares of American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and Copa Holdings, S.A. (NYSE: CPA) are all trading at "attractive" entry-points relative...
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Morgan Stanley Survey: The Market's Least Favorite Airline Is…
Tuesday, May 19, 2015 - 8:27am | 464In a report published Tuesday, Morgan Stanley analyst William Greene discussed feedback he had received to asking investor opinion which airline stock has the least upside. According to Greene, the responses were "fairly diverse" but Virgin America Inc (NASDAQ: VA) was a standout. The...
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Analyst: Our FedEx Outlook Is 'More Cautious' Because Of Fuel
Tuesday, March 17, 2015 - 1:14pm | 194In a report published Tuesday, Cleveland Research Company analyst Bryan Merolla commented that FedEx Corporation (NYSE: FDX) will see a number of headwinds over the next few quarters. Merolla noted that near-term expectations are achievable for FedEx as the company will see benefits from growth in...
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Jefferies Says Kroger Shares Could Peak This Quarter, Sees 'Subpar' 2015 Growth
Wednesday, February 25, 2015 - 11:18am | 199In a report published Wednesday, Jefferies analyst Mark Wiltamuth commented that Kroger Co (NYSE: KR) is expected to post earnings per share upside of $0.96 (versus consensus estimate of $0.90) driven by higher fuel margins, in its fourth quarter report scheduled to be released on March 5 before...
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The Spirit Airlines Model Is 'Growing Stronger,' Barclays Says
Wednesday, February 11, 2015 - 10:24am | 331On Wednesday, David Fintzen of Barclays commented that Spirit Airlines Incorporated (NASDAQ: SAVE) continues to be a Top Pick within the US airline sector. The stock trades at a premium to US airlines, he said, but not to the degree it's justified at, given the company's combination of...