New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 9, 2014
07:37 EDTTSO, NTI, DK, WNR, PSX, MPC, CVI, VLO, PBF, HFC, CLMT, ALJDeutsche Bank to host a conference
U.S. Independent Refiners Conference is being held in Boston on January 9.
News For ALJ;CLMT;CVI;DK;HFC;MPC;NTI;PBF;PSX;TSO;VLO;WNR From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 >>
February 3, 2016
08:13 EDTTSOTesoro names Kim K.W. Rucker as EVP, General Counsel
Subscribe for More Information
06:43 EDTMPCMarathon Petroleum reports Q4 EPS 35c with items, consensus 69c
Reports Q4 revenue $15.68M, consensus $16.35B. Q4 EPS includes a pretax charge of $370M or 44c per share to value inventories at lower of cost or market.
February 2, 2016
14:32 EDTMPCNotable companies reporting before tomorrow's open
Subscribe for More Information
February 1, 2016
18:56 EDTTSOTesoro reports Q4 EPS ex-items $1.83, consensus $2.08
Subscribe for More Information
17:48 EDTPBFPBF Energy provides update on Delaware City Refinery operations
Subscribe for More Information
14:32 EDTTSONotable companies reporting after market close
Subscribe for More Information
January 31, 2016
16:18 EDTPSXBerkshire Hathaway acquires additional 2.54M shares of Phillips 66
In a regulatory filing late Friday, Berkshire Hathaway (BRK.A, BRK.B) disclosed the purchase of an additional 2.54M shares of Phillips 66 (PSX). The purchases were made January 27-29.
January 29, 2016
12:56 EDTPSXPhillips 66 says expects 'stronger gasoline growth globally' in 2016
Subscribe for More Information
12:48 EDTPSXPhillips 66 says expects CapEx to decline over next several years
Subscribe for More Information
12:21 EDTPSXPhillips 66 sees Q1 pre-tax refining turnaround expenses approximately $150M
Subscribe for More Information
12:09 EDTPSXPhillips 66 sees 2016 pre-tax refining turnaround expenses $525M-$575M
Subscribe for More Information
12:08 EDTPSXPhillips 66 says targeting 2016 dividend increase of at least 10%
Comment from company's Q4 earnings conference call.
07:03 EDTPSXPhillips 66 executing on plan to grow Midstream and Chemicals business
Subscribe for More Information
07:01 EDTPSXPhillips 66 reports Q4 adjusted EPS $1.31, consensus $1.25
We operated well in the quarter, as refining capacity utilization remained high and clean product yield increased," said Greg Garland, Chairman and CEO. "We also reached a significant milestone with the Sweeny Fractionator One and Clemens Caverns coming online. Solid execution in the fourth quarter generated $1.5 billion of cash from operations, and we returned over $700 million to shareholders through dividends and share repurchases." Phillips 66's Midstream fourth-quarter adjusted earnings were $42 million, a decrease of $49 million from the third quarter. Phillips 66's Transportation business generated adjusted earnings of $78 million during the fourth quarter, consistent with the third quarter. NGL adjusted losses were $2 million for the fourth quarter. The $34 million decrease from the prior quarter was largely driven by the timing of adjustments related to the tax extenders bill, signed in December, as well as additional costs associated with the Sweeny Hub.
January 28, 2016
14:29 EDTPSXNotable companies reporting before tomorrow's open
Subscribe for More Information
07:08 EDTVLOValero reports Q4 Refining adjusted operating income $1.5B
Subscribe for More Information
07:08 EDTVLOValero reports Q4 adjusted EPS $1.79, consensus $1.45
Subscribe for More Information
January 26, 2016
10:00 EDTDKOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Amec Foster Wheeler (AMFW) downgraded to Hold from Buy at HSBC... CVR Refining (CVRR) downgraded to Sell from Neutral at Goldman... Cenovus Energy (CVE) downgraded to Neutral from Buy at UBS... Clean Harbors (CLH) downgraded to Underperform from Market Perform at Raymond James... Core Laboratories (CLB) downgraded to Reduce from Hold at HSBC... Delek US (DK) downgraded to Neutral from Buy at Goldman... Deutsche Post (DPSGY) downgraded to Underperform from Outperform at Credit Suisse... Disney (DIS) downgraded to Neutral on reduced ESPN forecasts at Atlantic Equities... Dorian LPG (LPG) downgraded to Market Perform from Outperform at Wells Fargo... Encana (ECA) downgraded to Neutral from Buy at UBS... Fortinet (FTNT) downgraded to Hold from Buy at Deutsche Bank... Fortune Brands (FBHS) downgraded to Neutral from Outperform at Credit Suisse... General Growth (GGP) downgraded to Equal Weight from Overweight at Barclays... Golden Ocean (GOGL) downgraded to Underweight from Neutral at JPMorgan... Grupo Mexico (GMBXF) downgraded to Neutral from Overweight at JPMorgan... Halliburton (HAL) downgraded to Hold from Buy at HSBC... Marketo (MKTO) downgraded to Underperform at BofA/Merrill... Navios Maritime (NM) downgraded to Neutral from Overweight at JPMorgan... NetSuite (N) downgraded to Underperform at BofA/Merrill... OM Asset Management (OMAM) downgraded to Equal Weight at Morgan Stanley... Paylocity (PCTY) downgraded to Underperform from Neutral at BofA/Merrill... Pennsylvania REIT (PEI) downgraded to Underweight from Equal Weight at Barclays... Pinnacle West (PNW) downgraded to Hold from Buy at Evercore ISI... Public Storage (PSA) downgraded to Equal Weight from Overweight at Barclays... Red Hat (RHT) downgraded to Neutral from Buy at BofA/Merrill... Regal Entertainment (RGC) downgraded on valuation at RBC Capital... Rouse Properties (RSE) downgraded to Equal Weight from Overweight at Barclays... Star Bulk Carriers (SBLK) downgraded to Neutral from Overweight at JPMorgan... Stratasys (SSYS) downgraded to Neutral from Overweight at JPMorgan... Subsea 7 (SUBCY) downgraded to Reduce from Hold at HSBC... US Ecology (ECOL) downgraded to Market Perform from Outperform at Raymond James... USG (USG) downgraded to Underperform from Neutral at Credit Suisse... Vornado (VNO) downgraded to Equal Weight from Overweight at Barclays... Weir Group (WEIGY) downgraded to Underperform from Hold at Jefferies.
06:27 EDTDKDelek US downgraded to Neutral from Buy at Goldman
Goldman analyst Neil Mehta downgraded Delek to Neutral due to a reduction in Brent-WTI forecasts, poor earnings execution, and uncertainty around its M&A strategy around 48% owned Alon. The analyst lowered his price target on Delek shares to $20 from $30.
January 25, 2016
17:12 EDTHFCHollyFrontier reports Q2 EPS 27c, one estimate 29c
Subscribe for More Information
1 | 2 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use