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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
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April 21, 2015
18:38 EDTNGLSTarga Resources Partners raises quarterly dividend to 82c per share
Targa Resources Partners announced that the board of its general partner has declared a quarterly cash distribution of 82c per common unit, or $3.28 on an annualized basis, for Q1. The approved distribution represents increases of approximately 1.2% over the previous quarter's distribution. This cash distribution will be paid May 15, on all outstanding common units to holders of record as of the close of business on May 4.
18:31 EDTNGLSTarga Resources Partners sees FY15 gross growth CapEx $700M-$900M
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18:29 EDTNGLSTarga Resources expects flat to low single digit volume growth for FY15
Given the commodity price environment and current expectations for producer activity, TRP expects flat to low single digit 2015 average volume growth for our field gathering and processing operations compared to Q4 of FY14 volumes. Additionally, if commodity prices do not improve from current levels over the course of 2015, average 2016 TRP field volumes may be lower than average 2015 volumes. In the Logistics and Marketing division, TRP expects that 2015 operating margin may be modestly lower than 2014 operating margin. We expect 2015 distribution growth for TRP of 4%-7% over 2014 and approximately 1.0 times distribution coverage.
16:48 EDTWNRWestern Refining raises Q2 dividend to 34c per share from 30c per share
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April 20, 2015
15:35 EDTPSX, TSO, WNR, HFC, VLOSenator to introduce legislation to repeal U.S. crude export ban, Fuelfix says
Senator Lisa Murkowski, the head of the Senate Energy and Natural Resources Committee, pledged during the IHS Energy CERAWeek conference to advance legislation lifting the U.S. ban on crude oil exports, reported Fuelfix. Publicly traded refiners include Delek US (DK), HollyFrontier (HFC), Marathon Petroleum (MPC), Phillips 66 (PSX), Tesoro (TSO), Valero (VLO) and Western Refining (WNR). Reference Link
14:56 EDTHFC, WNR, PSX, VLO, TSOSenator to introduce legislation to repeal U.S. crude export ban, Reuter says
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10:00 EDTMROOn The Fly: Analyst Upgrade Summary
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06:51 EDTMROMarathon Oil upgraded to Overweight from Equal Weight at Morgan Stanley
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06:19 EDTPSX, WNR, VLO, TSO, HFCCiti still bullish on U.S. Refiners, Marathon Petroleum a top pick
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April 17, 2015
16:24 EDTNGLSTarga Resources Partners files $1B mixed securities shelf
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07:18 EDTMROMarathon Oil management to meet with UBS
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April 16, 2015
07:02 EDTMROMarathon Oil management to meet with UBS
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April 15, 2015
08:23 EDTPSXPhillips 66 management to meet with Deutsche Bank
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07:34 EDTMROMarathon Oil management to meet with UBS
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April 13, 2015
10:00 EDTMROOn The Fly: Analyst Upgrade Summary
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08:53 EDTMROMarathon Oil upgraded at BofA/Merrill
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07:38 EDTPSXPhillips 66 management to meet with Deutsche Bank
Meeting to be held in Los Angeles on April 13 hosted by Deutsche Bank.
07:14 EDTMROMarathon Oil management to meet with UBS
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07:13 EDTEPD, NGLSWells Fargo to hold a conference
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06:46 EDTMROMarathon Oil upgraded to Buy from Neutral at BofA/Merrill
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