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Zacks News
The Zacks Analyst Blog Highlights: ExxonMobil, Valero, Chevron and Total
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ExxonMobil, Valero, Chevron and Total
Russian Energy Firm Takes #1 Spot from Exxon
by Zacks Equity Research
Per the S&P Global Platts ranking of top financial performers of the year,oil giant ExxonMobil Corporation (XOM) was pushed down to No.9 from the leading position it held for last twelve years.
Oil & Gas Stock Roundup: BP's Contract Renewal, SDRL's Bankruptcy, REN's Asset Sale
by Nilanjan Choudhury
It was a week where oil prices briefly crossed the key mark of $50. Natural gas futures rallied too as warmer forecasts continue raising expectations for demand.
Valero & Plains All American Abandon Asset Purchase Plan
by Zacks Equity Research
Valero (VLO) and Plains All American have decided to cancel the agreement relating to the acquisition of two petroleum storage and distribution terminals.
Why Valero Energy (VLO) Could Be Positioned for a Surge
by Zacks Equity Research
Valero Energy (VLO) could be an interesting play for investors as it is seeing solid activity on the earnings estimate revision in addition to having decent short-term momentum.
Valero Energy (VLO) to Benefit From Mexican Energy Reforms
by Zacks Equity Research
Mexican energy reforms will help Valero Energy (VLO) expand operations and presence in the country.
Oil Breaks $50 Barrier for Best Finish in More Than 6 Weeks
by Nilanjan Choudhury
U.S. crude broke through $50 a barrel in trading yesterday, boosted by stronger demand outlook amid falling supply.
Valero, Magellan Midstream to Jointly Expand Pasadena Unit
by Zacks Equity Research
Valero (VLO) and Magellan Midstream (MMP) will meet the growing demand for refined petroleum products through the expansion of marine storage terminal.
Magellan Midstream Sees Biggest Gasoline Spill Due to Harvey
by Zacks Equity Research
Including the Magellan Midstream (MMP) spill, the total amount of fuel leaked in the Texas area due to Harvey is estimated at 600,000 gallons.
Hurricane Irma: Will It Be Another Threat to Energy Prices?
by Nilanjan Choudhury
Compared to Harvey, the effects of Irma on the energy sector is expected to be much lighter because Florida hardly has any critical supply-side assets.