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4 Propane Stocks To Watch Heading Into A COVID Winter
Wednesday, October 7, 2020 - 2:20pm | 598Read More...Propane stocks are on watch with restaurants boosting their outdoor seating capacities due to social distancing inside. The Propane Trade: A survey from the National Restaurant Association showed 50% of full-service restaurants were taking action to extend their outdoor dining seasons with methods...
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Mizuho Upgrades Occidental Petroleum, Says Worst Is In The Rear View Mirror
Wednesday, January 8, 2020 - 1:07pm | 302Read More...Occidental Petroleum Corporation (NYSE: OXY) was the worst performing exploration & production (E&P) stock in 2019. The worst seems to be over and there is rising visibility into the company achieving sustainable dividend growth in 2022 and beyond, according to Mizuho Securities. The...
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Exxon Mobil Down On Preview Of Weaker Q3, But Sell-Side Says Warning 'Relatively Benign'
Wednesday, October 2, 2019 - 1:37pm | 468Read More...An Exxon Mobil Corporation (NYSE: XOM) securities filing that previews disappointing profits in its upcoming third-quarter report thanks to lower oil and gas prices pushed the stock down on Wednesday. ExxonMobil’s 8-K filing gave a preliminary hint about third-quarter results, and said the...
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Wall Street Weighs In On Chevron Following Anadarko Deal
Monday, April 15, 2019 - 2:19pm | 502Read More...Chevron Corporation (NYSE: CVX) shares are down about 4 percent since the company announced a $33 billion buyout of Anadarko Petroleum Corporation (NYSE: APC) on Friday. The merger would be the sixth-largest buyout in the history of the oil and gas space, and would help Chevron beef up its Permian...
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Mizuho Downgrades Anadarko Petroleum On Risks In Mozambique, Colorado
Tuesday, March 19, 2019 - 10:38am | 347Read More...The potential for project delays at Anadarko Petroleum Corporation’s (NYSE: APC) Mozambique site poses a risk to the company's 2022 free cash flow estimate, while additional risk is due to political uncertainty in Colorado, according to Mizuho Securities. The Analyst Mizuho’s...
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Exxon Says, 'We Don't Do Write-Downs'; NY Attorney General Investigating Whether Or Not They Should
Friday, September 16, 2016 - 11:41am | 483Read More...Why is Exxon Mobil Corporation (NYSE: XOM) the only oil firm that doesn't write down the value of its assets? According to the Wall Street Journal, this is the exact same question that New York Attorney General Eric Schneiderman is asking. The Journal, citing "people familiar with the matter,"...
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Exxon/BP Mega-Acquisition Story Is 'Frivolous,' Says Analyst
Thursday, February 12, 2015 - 4:39pm | 405Read More...On Thursday afternoon, shares of Exxon Mobil Corporation (NYSE: XOM) and BP plc (ADR) (NYSE: BP) rose following the publication of a note from Paul Sankey at Wolfe Research highlighting the potential of Exxon seeking an acquisition in an effort to “meaningfully boost its oil and gas...
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Wolfe Research Analyst: Exxon Results Are A Slight Miss
Monday, February 2, 2015 - 2:48pm | 370Read More...The world’s largest oil company, Exxon Mobil Corporation (NYSE: XOM), posted better-than-expected fourth-quarter earnings, which came as a surprise to most market participants as oil prices have plunged significantly over the last few months. The company posted an EPS of $1.56, compared to...
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UPDATE: Deutsche Bank Upgrades Delek US Holdings Bullish 2014 Outlook
Monday, December 9, 2013 - 10:23am | 156Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Delek US Holdings (NYSE: DK) from Hold to Buy, and raised the price target from $30.00 to $40.00. In the report, Deutsche Bank noted, “Since our ‘Diamond Age' (Oct 2010) refining upgrade, & subsequent ‘...
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UPDATE: Deutsche Bank Upgrades Alon USA Energy on Bullish 2014 Outlook
Monday, December 9, 2013 - 10:23am | 156Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Alon USA Energy (NYSE: ALJ) from Hold to Buy, and raised the price target from $15.00 to $18.00. In the report, Deutsche Bank noted, “Since our ‘Diamond Age' (Oct 2010) refining upgrade, & subsequent ‘Future...
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UPDATE: Deutsche Bank Upgrades Phillips 66 on Bullish 2014 Outlook
Monday, December 9, 2013 - 10:23am | 152Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Phillips 66 (NYSE: PSX) from Hold to Buy, and raised the price target from $64.00 to $80.00. In the report, Deutsche Bank noted, “Since our ‘Diamond Age' (Oct 2010) refining upgrade, & subsequent ‘Future of...
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UPDATE: Deutsche Bank Upgrades Valero Energy on Bullish 2014 Outlook
Monday, December 9, 2013 - 10:23am | 156Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Valero Energy Corporation (NYSE: VLO) from Hold to Buy, and raised the price target from $42.00 to $55.00. In the report, Deutsche Bank noted, “Since our ‘Diamond Age' (Oct 2010) refining upgrade, &...
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UPDATE: Deutsche Bank Upgrades Marathon Petroleum Heading into Analyst Day
Monday, December 2, 2013 - 12:02pm | 170Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey upgraded the rating on Marathon Petroleum Corp. (NYSE: MPC) from Hold to Buy, and raised the price target from $80.00 to $108.00. In the report, Deutsche Bank noted, “For MPC specifically, into the analyst day, huge US refiner, major...
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UPDATE: Deutsche Bank Lowers PT on PBF Energy on Weak September Margins, Guidance
Monday, October 7, 2013 - 12:28pm | 136Read More...In a report published Monday, Deutsche Bank analyst Paul Sankey reiterated a Hold rating on PBF Energy (NYSE: PBF), but lowered the price target from $34.00 to $25.00. In the report, Deutsche Bank noted, “In this note we execute a further round of EPS cuts given the weakness of September margins...
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UPDATE: Deutsche Bank Lowers PT on Valero Energy on Muted Outlook Ahead
Wednesday, July 24, 2013 - 11:32am | 146Read More...In a report published Wednesday, Deutsche Bank analyst Paul Sankey reiterated a Hold rating on Valero Energy (NYSE: VLO), but lowered the price target from $46.00 to $42.00. In the report, Deutsche Bank noted, “Valero's clean 90c was in line with a recent profit warning, so more important was...
