|Bid||77.00 x 100|
|Ask||96.10 x 400|
|Day's Range||94.58 - 95.90|
|52 Week Range||75.14 - 107.47|
|PE Ratio (TTM)||9.66|
|Earnings Date||Apr 27, 2018|
|Forward Dividend & Yield||2.80 (2.97%)|
|1y Target Est||109.12|
The Dow traversed a difficult week, declining over three consecutive trading sessions.
North American energy independence and booming exports mean energy product companies are ready to roll -- but some are better positioned than others.
BATON ROUGE, La. (AP) — A company may resume construction of a crude oil pipeline in a Louisiana swamp, a project that has been on hold for nearly three weeks, an appeals court ruled Thursday.
Phillips 66 (NYSE:PSX) saw significant share price volatility over the past couple of months on the NYSE, rising to the highs of $106.9 and falling to the lows of $89.58.Read More...
Venezuela's crude exports to the United States declined in February to a 15-year low as oil production continues falling and President Donald Trump's administration weighs new sanctions on the OPEC country, according to Thomson Reuters data. Financial sanctions imposed by the United States in August on Venezuela and state-run oil firm PDVSA have created obstacles for selling crude cargoes to U.S. refiners, shrinking the number of customers PDVSA has in the U.S.
The joint venture between Chevron (CVX) and Phillips 66 (PSX), with a production capacity of 1.5 million metric tons per annum, is aiming to cash in on the strong demand for petrochemicals.
According to March 12 press release , the company has successfully introduced feedstock and begun operating the cracker, which is located at Chevron Phillips Chemical's Cedar Bayou facility in Baytown. This startup completes the final phase of the company's $6 billion U.S. Gulf Coast petrochemicals project that was announced in 2011. In fact, the unit was nearly through much of the testing before the storm hit, Ron Corn, the company's senior vice president of petrochemicals, said in September .
The startup completes the final phase of the company's $6 billion U.S. Gulf Coast petrochemicals project announced in 2011.
To compile the list of top refining and marketing losers, we have selected refining and marketing energy companies with market capitalizations of over $100 million and a weekly average volume over 100,000 shares last week. Valero Energy (VLO) stock is the only stock from the refining and marketing sector to see losses this week. The down move in Valero Energy is a part of the consolidation around its 50-day moving average.
HOUSTON/NEW YORK, March 8 (Reuters) - Global executives and traders are bracing for higher volatility in fuel markets as they expect refiners to process more light crude oil in the lead-up to new rules aimed at slashing the use of dirty high-sulfur fuel oil in global shipping. Beginning in 2020, shipping vessels will not be allowed to burn fuel with a sulfur content higher than 0.5 percent, down from 3.5 percent currently. The International Maritime Organization (IMO) plan is among the most significant changes in decades for global shipping and refining.
A federal appeals court has scheduled a hearing next week to review a judge's order halting construction of a crude oil pipeline in a Louisiana swamp. Bayou Bridge Pipeline LLC asked the 5th U.S. Circuit ...