DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Goldman Sachs - 2 Morgan Stanley - 2 John Butters - 1 FactSet - 1 Nick Raich - 1 Refiners Valero - 1 Alec Young - 1 Bernstein - 1
Top related locs:
Valero Houston Houston , Texas U.S
Top related orgs:
Pfizer - 2 Energy - 2 Boeing - 1 . Airlines - 1 Companies - 1 Cruise Lines American Airlines - 1 Cruise Line - 1 Alaska Air Group - 1

Search resuls for: "Refiners Valero"


4 mentions found


☆ These companies are slashing earnings estimates, but the market may have sniffed that out already
  + stars: | 2023-11-01 | by ( Bob Pisani | ) www.cnbc.com   time to read: +4 min
The S & P 500 was expected to see an earnings gain of 11% for the fourth quarter on Oct. 1, and that expectation is now down to 7.8%. "We're seeing larger estimate cuts than average for S & P 500 companies through the first month of the fourth quarter," John Butters at FactSet said. Roughly 60 companies in the S & P 500 have disclosed declines of 10% or more in their earnings expectations in the month of October, according to LSEG. Earnings revisions: Notable declines in airlines and cruise lines Here are some of the S & P 500 companies that have seen earnings estimates decline 10% or more since the start of the fourth quarter, according to LSEG. The markets have sniffed this out: What's next The stock market, of course, does not wait for analysts to cut earnings estimates.
Persons: John Butters, FactSet, Nick Raich, Refiners Valero, Goldman Sachs, Morgan Stanley, Alec Young Organizations: Boeing, . Airlines, Companies, Cruise Lines American Airlines, Cruise Line, Alaska Air Group, Southwest Airlines, Airlines, Delta, Entertainment Warner Bros Discovery, Paramount Global, Fox, MGM Resorts, Ford, Motors, Pfizer, Merck, Petroleum, Phillips, Seagate, Texas, Banks, Capital Markets, Blackstone, Intel, JETS, Energy, Pharmaceuticals
☆ Stocks making the biggest moves midday: Marathon Petroleum, Tesla, Moderna and more
  + stars: | 2023-09-18 | by ( Hakyung Kim | ) www.cnbc.com   time to read: +5 min
Moderna — The pharmaceutical company lost more than 8% Monday, making it the biggest decliner in the S&P 500. Enphase Energy — Shares lost 2.6% after Citi lowered its price target on shares to $170 from $209 while keeping its buy rating. The new price target implies 41% upside from Friday's close. Analyst Chris Quintero highlighted the growth opportunity for the company following a strong investment cycle. The investment bank bumped up the stock's price target to $40 from $37, citing Simply Good Foods' diverse product offering and shifting consumer preferences to healthier choices as catalysts.
Persons: Bernstein, Needham, Noubar Afeyan, Moderna's, Goldman Sachs, Mark Delaney, PayP, Ralph Lauren —, Ralph Lauren's, TD Cowen, Cowen, Tenable, Morgan Stanley, Chris Quintero, Raymond James, ASGN, Wells Fargo, —, Alex Harring, Brian Evans, Samantha Subin, Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox Organizations: — Petroleum refiners Valero Energy, Marathon Petroleum, West Texas Intermediate, Brent, Energy, Arm, Nasdaq, Securities and Exchange Commission, Pharmaceutical, Pfizer, U.S, Tesla, PayPal, MoffetNathanson, Guggenheim, Enphase Energy, Citi, Tenable Holdings, Mizuho, Aldi, Lowe's, Micron Technology, Deutsche Bank, Paramount, Disney, Warner Bros Discovery, Iridium Communications, Iridium Locations: Valero Houston, Houston , Texas, U.S
☆ U.S. oil refinery run-rates could top 90% for 3rd quarter in a row
  + stars: | 2022-09-28 | by ( Erwin Seba | ) www.reuters.com   time to read: +4 min
This year's final quarter, however, could see operators hold production rates high to grab strong diesel margins, they said. The forecast excludes the potential impact of a major hurricane striking the U.S. Gulf Coast, home of nearly half the nation's oil refining. U.S. crude oil capacity is down nearly 1 million barrels per day since early 2020, to 17.9 million barrels per day (bpd). At the same time, inventories fell to 117.3 million barrels, down 12 million barrels from the same week a year ago. “They’re trying to make more distillate.”Holding runs above 90% runs the risk of further eroding gasoline margins.
☆ Valero, Marathon top beneficiaries of U.S. emergency oil releases
  + stars: | 2022-09-21 | by ( Arathy Somasekhar | ) www.reuters.com   time to read: +2 min
REUTERS/Loren Elliott/File PhotoHOUSTON, Sept 21 (Reuters) - Oil refiners Valero Energy Corp (VLO.N) and Marathon Petroleum Corp (MPC.N) are the biggest beneficiaries of the U.S. government's oil reserve releases, taking nearly half the crude offered, a Reuters analysis of Department of Energy data showed on Wednesday. The Biden administration has opened spigots at the nation's Strategic Petroleum Reserve (SPR) to lower fuel prices and ease a supply crunch from Russia's invasion of Ukraine. Awards of about 218 million barrels for the 12 months endedSept. Valero, the second largest U.S. refiner by capacity, secured 52.7 million, while top oil processor Marathon Petroleum snapped up 45.2 million barrels. About 24.42 million barrels were released by exchange, with the largest amounts taken by Exxon and Shell.
0 next >>
Total: 4