|Bid||101.94 x 800|
|Ask||101.95 x 1300|
|Day's Range||100.00 - 102.04|
|52 Week Range||80.24 - 119.92|
|Beta (5Y Monthly)||1.10|
|PE Ratio (TTM)||10.19|
|Forward Dividend & Yield||3.60 (3.53%)|
|Ex-Dividend Date||Nov 13, 2019|
|1y Target Est||N/A|
Phillips 66 and Renewable Energy Group have announced that they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Washington.
A joint venture between independent refiner Phillips 66 and Renewable Energy Group (REG) to build a renewable diesel plant in Ferndale, Washington, has been scrapped. "The project has been canceled due to permitting delays and uncertainties," the companies said in a statement. "We were not aware of any permitting problems," said Tom Buroker, regional director with the state of Washington's Department of Ecology.
Moody's Investors Service, ("Moody's") assigned a Ba1 rating to Rockies Express Pipeline LLC's (REX) proposed senior unsecured notes. REX's other ratings, including its Ba1 Corporate Family Rating (CFR), Ba1-PD Probability of Default Rating (PDR), and stable outlook are unchanged. The Ba1 rating on the existing $2 billion senior unsecured notes is also unchanged.
The longtime chairman and former CEO of Plains All American Pipeline LP (NYSE: PAA) has finally left his post at the head of the company’s board. Greg Armstrong has been the chairman of Plains All American’s board of directors since 1998. Plains also appointed a new independent director, Lawrence Ziemba.
New rules on shipping fuel take effect on Jan. 1, and they are already causing swings in commodity prices and shipping rates that should benefit both shipping companies and refiners.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57%. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. That's why we weren't […]
Shell (RDS.A) is developing a robust pipeline of discoveries via its exploration spree to back its Western Australian assets wherein LNG is of prime focus.
We have five best dividend stocks for 2020 whose large customer base, sustainable business model, profitability record and solid liquidity help offer sizable yields, regardless of market condition.
Moody's Investors Service ("Moody's") placed Tallgrass Energy Partners, LP's (Tallgrass) ratings on review for downgrade, including Tallgrass's Ba2 Corporate Family Rating (CFR) and Ba2-PD probability of default rating (PDR), and its Ba3 senior unsecured rating. Prairie ECI Acquiror LP's (Tallgrass HoldCo) B1 CFR and its B1 senior secured term loan were also placed on review for downgrade. The review was prompted by Tallgrass's announcement that affiliates of Blackstone Infrastructure Partners together with affiliates of Enagas S.A., GIC Private Limited, South Korea's National Pension Service and Universities Superannuation Scheme (collectively with Blackstone Infrastructure Partners, "the sponsors") will acquire all of the publicly-held outstanding Class A Shares of Tallgrass for approximately $3.5 billion.
Escalating concerns over dwindling global demand due to trade war-induced slowdown at a time when U.S. shale output peaked intensifies supply glut fears to a great deal.
A Relative Strength Rating upgrade for Phillips 66 Partners shows improving technical performance. Will it continue?
Marathon Petroleum (MPC) is making efforts to form the largest U.S.-listed convenience store operator by spinning off Speedway into an independent publicly traded company.