New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:17 EDTPSX, VLO, HFC, TSO, NGLS, MRO, WNR, EPDPropane in short supply in U.S. due to cold snap, exports, FT says
The U.S. is undergoing a massive propane supply shortage amid a run of very cold weather and soaring exports of the fuel, as companies including Enterprise Products Partners (EPD) and Targa Resources Partners (NGLS) have expanded docks along the Gulf of Mexico and plan for increased export capacity, reported Financial Times. Reference Link
News For EPD;NGLS;VLO;WNR;TSO;PSX;MRO;HFC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
January 28, 2015
16:37 EDTNGLSAtlas Energy approves spin-off date of Feb. 25
Atlas Energy (ATLS) has announced that its board has approved the record and distribution dates for the spin-off of its non-midstream assets and declared a distribution to the ATLS unitholders of common units representing a 100% limited liability company interest in Atlas Energy Group, LLC, a wholly owned subsidiary of ATLS that will hold ATLS's assets and liabilities other than those related to it midstream business. Subject to the satisfaction or waiver of the conditions to the Spin-Off described below, each ATLS unitholder will receive one common unit of New Atlas for each ATLS common unit held at the close of business on Wednesday, February 25, 2015, the record date of the distribution. Cash will be received in lieu of fractional units of New Atlas. The distribution of New Atlas units is expected to be effective on Saturday, February 28, 2015 in conjunction with the previously announced proposed mergers of ATLS and Atlas Pipeline Partners, L.P. (APL) with Targa Resources Corp. (TRGP) and Targa Resources Partners LP (NGLS), respectively. New Atlas common units are expected to begin regular trading on or about March 2, 2015 on the New York Stock Exchange under the symbol "ATLS."
15:38 EDTPSX, VLONotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Celgene (CELG), consensus 99c... ConocoPhillips (COP), consensus 59c... Abbott Laboratories (ABT), consensus 67c... Occidental Petroleum (OXY), consensus 68c... Colgate-Palmolive (CL), consensus 74c... Ford (F), consensus 23c... Dow Chemical (DOW), consensus 69c... Alibaba (BABA), consensus 75c... Thermo Fisher (TMO), consensus $1.94; Time Warner Cable (TWC), consensus $2.09... Phillips 66 (PSX), consensus $1.34... Alexion Pharmaceuticals (ALXN), consensus $1.29... Baxter International (BAX), consensus $1.31... Cardinal Health (CAH), consensus $1.10... Raytheon (RTN), consensus $1.08... Northrop Grumman (NOC), consensus $2.25... Viacom (VIAB), consensus $1.28... Valero Energy (VLO), consensus $1.32... Sherwin-Williams (SHW), consensus $1.38... Hershey (HSY), consensus $1.06... Mead Johnson (MJN), consensus 88c... Zimmer (ZMH), consensus $1.71... Xcel Energy (XEL), consensus 34c... Royal Caribbean (RCL), consensus 42c... Coach (COH), consensus 66c... Kate Spade (KATE), consensus 24c... Harley-Davidson (HOG), consensus 34c... Stanley Black & Decker (SWK), consensus $1.52... L-3 Communications (LLL), consensus $2.27... JetBlue (JBLU), consensus 24c.
09:59 EDTTSOOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:10 EDTTSOTesoro downgraded to Neutral from Buy at Citigroup
Subscribe for More Information
January 27, 2015
10:00 EDTMROOn the Fly: Analyst Downgrade Summary
Subscribe for More Information
January 26, 2015
16:26 EDTMROMarathon Oil, Cobalt, RSP Permian downgraded at UBS
UBS lowered its Brent and WTI forecasts to $52.50 and $49 from $67.50 and $62.50, respectively, and downgraded a number of names in the energy space in conjunction. Along with making changes to its oil price forecasts, UBS downgraded Marathon Oil (MRO), Cobalt (CIE) and RSP Permian (RSPP), all to Neutral from Buy. The firm also identified ConocoPhillips (COP), Devon Energy (DVN), Murphy Oil (MUR), Ultra Petroleum (UPL), Range Resources (RRC), Denbury Resources (DNR), and Magnum Hunter (MHR) as having high valuations, slowing growth and wide free cash flow deficits and said it was cautious on all of those names as well.
16:21 EDTMROMarathon Oil downgraded to Neutral from Buy at UBS
Subscribe for More Information
January 23, 2015
13:41 EDTVLOValero increases quarterly dividend by 45%
Subscribe for More Information
January 22, 2015
16:36 EDTWNRD. E. Shaw & Co reports 5.0% passive stake in Western Refining
Subscribe for More Information
13:02 EDTEPDEnterprise Products to move forward with Panola NGL pipeline expansion
Subscribe for More Information
January 21, 2015
17:27 EDTNGLSTarga Resources increases quarterly dividend 6% to 77.5c
Subscribe for More Information
07:14 EDTHFC, VLOCitgo scraps auction process, to raise debt instead, WSJ reports
The auction for Venezuela’s Citgo Petroleum, which drew interest from Marathon Petroleum (MPC), HollyFrontier (HFC), Valero Energy (VLO) and private equity firms, has been called off, said The Wall Street Journal, citing people familiar with the matter. Citgo will still seek to raise $2.5B in debt at this point and could restart its sales process later, the report added. Reference Link
January 18, 2015
16:39 EDTPSXPhillips 66 could jump 50%, Barron's says
Phillips 66 shares could jump 50% after the company's restructuring, Barron's contends in a feature article. Despite falling revenues, EPS should rise, driven by lower oil costs and share repurchases, the paper adds. Reference Link
January 16, 2015
07:40 EDTTSO, PSX, VLO, HFC, WNRWolfe Research to hold a conference
1st Annual Oil & Gas 1:1 Refining Conference is being held in Boston on January 16.
January 15, 2015
16:47 EDTWNRWestern Refining adds 31 retail locations in Arizona
Subscribe for More Information
15:18 EDTEPDPioneer pipeline unit draws interest from multiple bidders, Bloomberg says
Subscribe for More Information
15:06 EDTEPDPioneer pipeline unit said to draw interest, Bloomberg says
Subscribe for More Information
05:53 EDTHFCHollyFrontier management to meet with Guggenheim
Subscribe for More Information

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