Oil & Gas Refining & Marketing

The U.S. Energy Department's weekly inventory release showed a larger-than-expected drop in crude stockpiles, while gasoline and distillate supplies climbed steeply. Meanwhile, refinery run-rates were down from the previous week. The Energy Information Administration (“EIA”) Petroleum Status...

Houston-based partnership Genesis Energy LP (GEL) raised its fourth quarter 2010 cash distribution by 3.2% sequentially and 11.1% year over year to 40 cents per unit (or $1.60 per unit annualized). The new distribution – payable on February 14 to unitholders of record as on February 2, 2011 – is...

Houston-based partnership Genesis Energy LP (GEL) raised its fourth quarter 2010 cash distribution by 3.2% sequentially and 11.1% year over year to 40 cents per unit (or $1.60 per unit annualized). The new distribution – payable on February 14 to unitholders of record as on February 2, 2011 – is...

Oppenheimer upgrades Tesoro (NYSE: TSO) to an Outperform Rating today with a PT of $24. In the report, Oppenheimer states, "We are upgrading TSO shares to Outperform from Perform, as we believe their upside potential is much greater than the downside risk from weaker refining and marketing margins...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: CB Richard Ellis Group Inc (CBG) Ceradyne Inc (CRDN) Herman Miller Inc (MLHR) Hitachi Ltd (HIT) Holly Corp (HOC) View the entire Zacks #1 Rank List. CB RICHARD ELLS (CBG): Free Stock Analysis Report CERADYNE INC (CRDN): Free...

Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: CB Richard Ellis Group Inc (CBG) Ceradyne Inc (CRDN) Herman Miller Inc (MLHR) Hitachi Ltd (HIT) Holly Corp (HOC) View the entire Zacks #1 Rank List. CB RICHARD ELLS (CBG): Free Stock Analysis Report CERADYNE INC (CRDN): Free...

Oppenheimer has upgraded Tesoro Corporation (NYSE: TSO) from Perform to Outperform and has issued a $24 price target.

Piper Jaffray has a Neutral rating and is raising its price target to $14 from $13 Green Plains Renewable (NASDAQ: GPRE). In a note sent to investors, Piper Jaffray writes, "We maintain our Neutral rating on shares of GPRE following management's presentation and investor meetings at the Piper...

INCIDENT Towards the end of last year, the European Commission presented its new energy strategy for the next decade, calling for investment of €1 trillion in the EU's energy network, among a series of other measures. Leading Eurocrats hope that an EU energy summit scheduled for next month in...

Genesis Energy, L.P. (NYSE: GEL) announced today that it will pay a regular quarterly distribution of $0.40 per Common Unit for the quarter ended December 31, 2010. The distribution will be paid on February 14, 2011, to Common Unitholders of record at the close of business on February 2, 2011. This...

With the target of strengthening its position on toll roads, Sunoco Inc. (SUN), a leading transportation fuel retailer, will start operating nine fuel stations along the 172-mile Garden State Parkway, New Jersey.   In this regard, Sunoco signed a deal with New Jersey Turnpike Authority, which...

With the target of strengthening its position on toll roads, Sunoco Inc. (SUN), a leading transportation fuel retailer, will start operating nine fuel stations along the 172-mile Garden State Parkway, New Jersey.   In this regard, Sunoco signed a deal with New Jersey Turnpike Authority, which...

Piper Jaffray has a Buy rating and a $16 price target on shares of Green Plains (NASDAQ: GPRE). In a note sent to clients, Piper Jaffray writes, "Green Plains entered into an agreement to acquire Otter Tail Ag Enterprises' 55m gpy dry-mill ethanol plant in Fergus Falls, MN, pending an auction in...

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