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Stock Market & Financial Investment News

News Breaks
May 22, 2014
09:25 EDTHES, HES, MPC, MPCMarathon Petroleum to host conference call
Conference call to discuss Marathon Petroleum's subsidiary, Speedway's acquisition of Hess Corporation's Hess Retail Holdings is being held on May 22 at 10 am. Webcast Link
News For HES;MPC From The Last 14 Days
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April 1, 2015
09:06 EDTMPCValero Marathon Petroleum Phillips 66 Delek US
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March 27, 2015
06:21 EDTHESShell pulls back on Chinese operations after oil price slump, WSJ says
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March 25, 2015
09:29 EDTMPCRefining stocks can outperform commodities within cycle, says Cowen
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09:19 EDTMPCRefining sector price targets raised at Morgan Stanley
Morgan Stanley believes the market is underestimating US downstream earnings power. The firm expects US refining to re-rate, driven by relative valuations, secular tailwinds, and focus on shareholder returns. Morgan Stanley raised price targets on Valero (VLO) to $90 from $70, Tesoro (TSO) to $120 from $92, Phillips 66 (PSX) to $105 from $95, Western Refining (WNR) to $63 from $52, Delek US (DK) to $48 from $45, Marathon Petroleum (MPC) to $145 from $120, and PBF Energy (PBF) to $45 from $35.
March 24, 2015
07:36 EDTHESWhiting tumbles as stock offering dampens takeover speculation
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