Back already, or did you return just to gloat at the noobies buying at what they thought was the 52-week low or at the buy-and-hold crowd muttering the dividend pays them to wait?
Call 9-1-1, collect all your fingers and put them on ice before you pass out. Never catch a falling knife, better to buy on an uptick.
U.S. biofuels credits hit near three-year highs on Wednesday after Goldman Sachs Group warned supplies could more than halve by the end of 2017, in what could mark the return of prolonged wild prices in the niche market for the first time in years. ("Niche RINS Prices Jump to 2013 Highs as Supply Jitters Return", Reuters, June 29)
That's what I have been waiting to hear. Buy orders in to spend all the cash parked on the sideline waiting for this day. VLO can run now. All aboard!
Just because a Zacks bot article was posted does not make it true. As stated, crude oil is a dollar-denominated commodity; just load it on a tanker and ship the cargo elsewhere.
Your repeated claims APA is dependent on UK for any revenue is false. North Sea operations account for only 13% of total production, which is hedged and sold in global markets.
I don't think so. Some of the data spans four weeks but gasoline and diesel production data is just last week, is it not?
GasBuddydotcom reports $2.33 national average price is lowest to kick off the summer solstice in 11 years. AAA spokesperson was quoted, "“What we’re seeing is just year after year of surpluses, and that ample supply in the market is continuing to keep the prices lower. The supply seems more than capable with the growing demand as we get into the summer.”
I would wait for a $44-$48 handle, but you can always average down if you're early or up if you're late. Also, understand share price performance may not match the past few years unless something extraordinary occurs.
Isn't that why Warren Buffett and Jack Bogle say the average retail investor should stick to index funds and not watch day-to-day market gyrations? Of course, I'm not average (in my mind only). Are you?
I agree on the politics. The US has been kicking the can down the road on fuel economy standards for 40 years. Sad thing is, the concept arose during the Arab oil embargo, so is fuel economy any more relevant today than was the oil export ban? And don't worry, I'll trade in my F-150 for for a self-driving model when available so it will brake before ramming your little electric car.
TSO already made an offer for HFC that was turned down. No question it will happen in time. TSO probably is the best fit, but a deal works for all three.
If you want to talk acquisitions, CST, the company into which VLO spun off its retail division, is up for sale with industry giants, Alimentation Couche-Tard and 7 Eleven, showing interest. Currently trading at $42, word is CST has a $50 price tag.
There are none so blind as those who will not see.
Revenues have decreased sequentially for each of the past four quarters, based on the income statements posted on Yahoo! Finance. YoY first quarter was $33B in 2014, $21B in 2015 and $15B in 2016, based on income statements incorporated in 10-Q. YoY second quarter followed the same trend, declining from $34B in 2014 to $21B in 2015 (per 10-Q) with analyst average estimate of $16B for the current quarter (per Yahoo! Finance).
Be interesting to see if VLO rustles up another dividend increase this summer.
There's an Reuters article linked in the June 13 Downstream Today newsletter ('Insane' U.S. Diesel, Gasoline Prices Hard to Crack for Refiners) that says refiners are taking it on the chops for having substituted summer gasoline production while diesel was in the tank (no pun intended) this past winter. Article further states unusually robust gasoline supply is squeezing margins.