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EIA: Oil, Gasoline Stocks Rise - Analyst Blog
Thursday, December 2, 2010 - 1:30pm | 702The U.S. Energy Department's weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency's report further added that refinery utilization dropped sharply and gasoline inventories climbed last week. The Energy...
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 2, 2010 - 8:30am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: China Finance Online Co (JRJC) China Sunergy Co Ltd (CSUN) Crawford & Co (CRD.B) Delhaize Group (DEG) Ecopetrol S.A. (EC) View the entire Zacks #1 Rank List. CRAWFORD & CO B (CRD.B): Free Stock Analysis Report CHINA...
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EIA: Oil, Gasoline Stocks Rise - Analyst Blog
Thursday, December 2, 2010 - 8:09am | 702The U.S. Energy Department's weekly inventory release showed a surprise climb in crude stockpiles, while distillate supplies posted a smaller-than-expected draw. The agency's report further added that refinery utilization dropped sharply and gasoline inventories climbed last week. The Energy...
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World Fuel Services Corporation Declares Dividend of 3.75 Cents
Thursday, December 2, 2010 - 7:37am | 39World Fuel Services Corporation (NYSE: INT) announced today that its board of directors has declared a quarterly cash dividend of $0.0375 per share payable on January 5, 2011 to shareholders of record on December 17, 2010.
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Zacks #1 Rank Additions for Thursday - Tale of the Tape
Thursday, December 2, 2010 - 3:14am | 341Here are 5 stocks added to the Zacks #1 Rank ("strong buy") List today: China Finance Online Co (JRJC) China Sunergy Co Ltd (CSUN) Crawford & Co (CRD.B) Delhaize Group (DEG) Ecopetrol S.A. (EC) View the entire Zacks #1 Rank List. CRAWFORD & CO B (CRD.B): Free Stock Analysis Report CHINA...
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Ecopetrol Gets Invite To Explore In India
Thursday, December 2, 2010 - 3:10am | 120Ecopetrol (NYSE: EC), Colombia's state-run oil producer, has been invited India's Reliance Industries and Oil & Natural Gas Corp. to jointly develop new exploration blocks in the home of Asia's third-largest economy. The two Indian companies already do business with Ecopetrol, Colombia's...
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Ecopetrol Announces Oil Discovery
Wednesday, December 1, 2010 - 9:20am | 78Ecopetrol S.A. (NYSE: EC) announces that initial drilling and testing on the Akacias-1 exploratory well has confirmed the presence of crude oil. The Akacias-1 well is located in the municipality of Acacias, Meta province, and is part of the Company's CPO-9 Exploration and Production Contract with...
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GreenHunter Energy Transfers Subsidiary's Stock to Irrevocable Trust
Friday, November 26, 2010 - 9:01am | 130GreenHunter Energy (NYSE: GRH) announced today that the Company has transferred 100% of its common stock ownership interest in GreenHunter BioFuels, Inc. to an irrevocable trust for the benefit of the holders of the Series A Debentures and their respective successors, assigns, heirs and devisees in...
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CVR Energy Announces Closing of Secondary Offering of 20.7M Shares
Wednesday, November 24, 2010 - 4:06pm | 78CVR Energy, Inc. (NYSE: CVI) today announced the closing of a registered underwritten secondary public offering of 20,700,000 shares of CVR Energy's common stock by certain of its stockholders at a public offering price of $10.75 per share, including 2,700,000 shares purchased by the underwriters...
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Al Gore Not Supporting Corn Ethanol: How To Play It
Wednesday, November 24, 2010 - 1:52pm | 79According to sources, Al Gore is no longer supporting corn ethanol as a fuel. This would almost certainly reduce demand for corn ethanol, and ethanol stocks like Pacific Ethanol, Inc. (NASDAQ: PEIX). Pacific Ethanol produces and sells ethanol and its co-products in the western United States,...
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Morning Market Movers (OPHCD, ALRN, GU, AMIE)
Wednesday, November 24, 2010 - 10:22am | 107OptimumBank Holdings Inc (NASDAQ: OPHCD) jumped 150.42% to $4.47 by 10:04 am. OPHCD's shares have dipped 82.10% over the past 52 weeks, while the S&P 500 index has gained 6.79% in the same period. American Learning Corporation (NASDAQ: ALRN) shares surged 48.72% to $2.90. ALRN reported 14% y/y...
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Top 4 Stocks In The Oil & Gas Refining & Marketing Industry With The Lowest PEG Ratio (ALJ, MRO, VLO, HES)
Wednesday, November 24, 2010 - 5:16am | 125Below are the top oil & gas refining & marketing stocks on the NYSE and the NASDAQ in terms of PEG ratio. Alon USA Energy Inc (NYSE: ALJ) has a PEG ratio of 0.06. ALJ's trailing-twelve-month revenue is $3.45 billion. Marathon Oil Corporation (NYSE: MRO) has a PEG ratio of 0.61. MRO's...
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Mad Money Lightning Round: Cramer Likes FirstEnergy, Advises Investors To Sell A-Power Energy (KMP, XRX, APWR, FE, TSO, KBR, FLR)
Tuesday, November 23, 2010 - 6:10am | 220On CNBC's Mad Money, Jim Cramer said during the Lightning Round that he is not worried about the dividend of Kinder Morgan Energy Partners (NYSE: KMP). He added, “They have a great 6% yield and I recommend it." For Xerox (NYSE: XRX), he said, "Problematic. I wanted to recommend it lower, but I didn...
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S&P 500 Looks to Stay in 1160-1220 Range 11-22-2010
Monday, November 22, 2010 - 7:46pm | 964Cusick's Corner The market is trading a lot like what the weather looks like going into the holiday week, unpredictable and potentially messy. The current environment spells a consolidation is actively in play, meaning we should have some declines and rallies that look to flow into the first...
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Benzinga's Top Upgrades (TSO, CIEN, SO, HCP)
Monday, November 22, 2010 - 8:04am | 150Tesoro Corporation (NYSE: TSO) was upgraded by Morgan Stanley from "equal weight" to "overweight." TSO's shares closed at $15.18 on Friday. Shares of Tesoro have risen by 12.03% year-to-date. Barclays Capital upgrade Ciena Corporation (NASDAQ: CIEN) from "equal weight" to "overweight." CIEN's...