Oil & Gas Refining & Marketing

Dahlman Rose is out with a research report this afternoon, where it reiterates its Buy rating on Valero Energy (NYSE: VLO); it has a $40.00 price target on the stock. The DR analysts cited the company's recent earnings results, which slightly missed the consensus estimates. OPEX of $3.86/bbl was...

Lockheed Martin Corp (NYSE: LMT) reported a 10% decline in its Q2 profit. Lockheed Martin's quarterly net earnings dropped to $742 million, or $2.14 per share, from $824 million, or $2.22 per share, in the year-earlier quarter. Its net sales increased to $11.55 billion from $11.28 billion....

Valero Energy Corp (NYSE: VLO) reported a rise in its second-quarter net income. Valero's quarterly net income surged to $744 million, or $1.30 per share, from $583 million, or $1.03 per share, in the year-earlier period. Income from continuing operations gained to $1.30 per share from $0.92 per...

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Calumet Specialty Products Partners, L.P. (Nasdaq: CLMT) today announced an increase in its quarterly cash distribution to $0.495 per unit ($1.98 per unit on an annualized basis) for the quarter ended June 30, 2011 on all of its outstanding limited partner units. The distribution will be paid on...

VelocityShares Daily 2x VIX Short Term ETN (NYSE: TVIX) traded sharply lower on Thursday on the news that Greece will get another bailout package. TVIX dropped 10.74%, and closed at $16.96. Direxion Daily Financial Bear 3X Shares(ETF) (NYSE: FAZ) closed the third trading session in a row lower as...

Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) traded 6.30% higher on Thursday, and it closed at $25.64. This was the third trading session that FAS closed in the positive territory. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) gained 5.82%, and closed at $85.30. In the energy...

Valero Energy (NYSE: VLO) releases its next round of earnings this Tuesday, July 26, 2011. Here's Benzinga's advanced look at Valero's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS reading of $1.51 per share and revenues of $28.44 billion. Can...

Shares of CVR Energy (NYSE: CVI) are higher on the session by 2.78%, trading at $27.32. Overall put volume is now running at 3.82x the daily average, with 0% of all puts traded being purchases on the offer. 1,503 contracts have traded on the session so far. CVR Energy, Inc. is an independent...

SunCoke Energy, Inc. (NYSE: SXC) announced today the pricing of the initial public offering of 11,600,000 shares of its common stock at a price of $16 per share. The shares will begin trading on Thursday, July 21, 2011, on the New York Stock Exchange under the ticker symbol, “SXC.” In addition, the...

Genesis Energy, L.P. (NYSE: GEL) today announced the pricing of a registered underwritten public offering of 7,350,000 common units representing limited partner interests. In addition, certain selling unitholders are collectively offering 1,150,000 common units representing limited partner...

Genesis Energy, L.P. (NYSE: GEL) today announced the commencement of a registered underwritten public offering of 6,850,000 common units representing limited partner interests. In addition, certain selling unitholders are collectively offering 1,150,000 common units representing limited partner...

POINT ROBERTS - July 14, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 13, 2011, with Omega Navigation Enterprises, Inc topping the gainer list, rising about 73.53% on Wednesday. Omega Navigation...

Morgan Keegan reiterated its Outperform rating on Delek U.S. Holdings (NYSE: DK). At the same time, the rating agency raised its price target on the company's stock from $16.50 to $20. On Wednesday, DK added 1.37% to its value to finish the day at $16.29.

Morgan Keegan has raised the price target on Delek U.S. Holdings (NYSE: DK) from $16.50 to $20 and maintains its Outperform rating.