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Stock Market & Financial Investment News

News Breaks
December 6, 2013
07:13 EDTMPC, TRP, VLO, NGL, EOGU.S. oil prices decline as glut forms along Gulf Coast, WSJ reports
The U.S. Gulf Coast, home to the world's largest concentration of petroleum refineries, is suddenly awash in crude oil. So much high-quality U.S. oil is flowing into the area (TRP, EOG, VLO, MPC, NGL) that the price of crude there has dropped sharply in the past few weeks and is no longer in sync with global prices, reports the Wall Street Journal.Reference Link
News For TRP;EOG;VLO;MPC;NGL From The Last 14 Days
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April 17, 2014
12:07 EDTTRPTransCanada downgraded to Hold from Buy at Canaccord
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April 15, 2014
10:00 EDTEOGOn The Fly: Analyst Downgrade Summary
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08:53 EDTEOGEOG Resources downgraded to Sector Perform from Outperform at Howard Weil
April 10, 2014
12:48 EDTNGLOppenheimer reports 11.45% passive stake in NGL Energy Partners
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April 8, 2014
07:52 EDTVLORefiners 2014 EPS estimates raised at Wells Fargo
Wells Fargo significantly raised its 2014 EPS estimates for Alon USA (ALJ), PBF Energy (PBF), Valero (VLO), and Western Refining (WNR) . The firm thinks that the sector is benefiting from better crack spreads and refining utilization so far in Q2, while U.S. exports of refined products jumped 21% year-over-year last quarter. Wells keeps Outperform ratings on PBF and Valero, and Market Perform ratings on Alon USA and Western Refining.

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