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Morgan Stanley Upgrades TSO To Overweight
Monday, November 22, 2010 - 7:45am | 52Analysts at Morgan Stanley upgrade Tesoro Corporation (NYSE: TSO) from "equal weight" to "overweight." The target price for TSO has been raised from $15 to $21. TSO's shares gained 1.34% to close at $15.18 on Friday. More Analyst Ratings here
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CVR Energy Should Continue Higher (CVI)
Friday, November 19, 2010 - 10:43am | 60CVR Energy, Inc. (NYSE: CVI) is down sharply today, to $10.65, a loss of 84 cents or 7%, but it appears ready to bounce off its 50 day moving average at $10.55, which is the next buy point. The next resistance point for CVI is $11.38. CVR Energy, Inc. refines and markets transportation fuels in the...
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Gushan Environmental Energy Limited Announces Annual Meeting Results
Friday, November 19, 2010 - 8:54am | 100Gushan Environmental Energy Limited (NYSE: GU) today announced the results from its Annual General Meeting (AGM) held on November 18, 2010. At this year's AGM, shareholders approved all of the resolutions proposed in the AGM notice, including the adoption of the 2009 annual report, the audited...
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Hector Manosalva Appointed 2nd Alternate President of Ecopetrol
Wednesday, November 17, 2010 - 10:09am | 76At a session of the Board of Directors of Ecopetrol. S.A. (NYSE: EC) held on November 12, 2010, Engineer Hector Manosalva, current Executive Vice President of Exploration and Production of the Company, was appointed second alternate President of the Company. Engineer Manosalva replaced Engineer...
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CVR Energy Announces Secondary Public Offering of 15M Shares
Tuesday, November 16, 2010 - 5:06pm | 34CVR Energy, Inc. (NYSE: CVI) today announced that certain of its stockholders have commenced a registered underwritten public offering of 15,000,000 shares of CVR Energy's common stock.
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Ecopetrol Approves 2011 Investment Plan of $6.7B
Tuesday, November 16, 2010 - 10:37am | 113Ecopetrol S.A. (NYSE: EC) announced today that its Board of Directors has approved an investment plan for 2011 of US$6.738 billion. Also, the Board assigned the Company a contingent budget of US$1.807 billion for projects still in the development stage, which, once necessary requirements are met,...
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Watch Alt-Energy Names Today (CLNE, AMSC, APWR, FAN)
Tuesday, November 16, 2010 - 10:19am | 134Alternative energy names should be on your watch list this morning as Senator Harry Reid is expected to bring the “Pickens Plan” to the floor today; the plan touts alternative energies, such as wind and natural gas. While the bill is expected be met with opposition, if any positive support comes...
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Frontier Oil Corporation Maintains Perform Rating
Tuesday, November 16, 2010 - 9:04am | 124Oppenheimer has published its research report on Frontier Oil Corp. (NYSE: FTO) following their 3Q10 results. FTO reported 3Q10 adjusted income of %0.08/sh compared to the consensus estimate of $0.05/sh. FTO shares have gained 22.5% YTD compared to a 12% gain for their peer group average and a %7.5...
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Monday Market Movement - Meaty Beaty Big and Bouncy!!
Monday, November 15, 2010 - 2:44pm | 2596By Phil of Phil's Stock World POMO, POMO, POMO! The Fed is in all-out attack mode this week with $35Bn scheduled for release in the next 5 days. If that doesn't goose the markets, then I think we are screwed because people, $35Bn is A LOT of money for a week....
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Earnings Scorecard: Tesoro - Analyst Blog
Monday, November 15, 2010 - 11:03am | 798Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Tesoro, they are weighing in their estimate revisions. Below we...
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Earnings Scorecard: Tesoro - Analyst Blog
Monday, November 15, 2010 - 11:03am | 798Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Tesoro, they are weighing in their estimate revisions. Below we...
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Earnings Scorecard: Tesoro - Analyst Blog
Monday, November 15, 2010 - 10:03am | 798Earlier this month, independent refiner Tesoro Corporation (TSO) announced its financial results for the third quarter ended September 30, 2010. Now that the analysts have had some time to ponder upon the quarterly performance of Tesoro, they are weighing in their estimate revisions. Below we...
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Adams Resources Announces Third Quarter 2010 Results and Increases Annual Dividend
Friday, November 12, 2010 - 12:05pm | 74Adams Resources & Energy, Inc., (NYSE: AE), announced today unaudited third quarter 2010 net earnings of $2,762,000 or $.66 per common share. Revenues for the quarter totaled $502,455,000. Current results compare to unaudited third quarter 2009 net earnings of $639,000 or $.15 per common share...
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Morning Market Movers (GU, ABL, SHZ, DHRM)
Friday, November 12, 2010 - 11:10am | 118Gushan Environmental Energy Limited (NYSE: GU) jumped 344.76% to $4.67 at 10:06 am. GU had $74.38 million in total cash and no debt for the latest quarter. American Biltrite Inc (AMEX: ABL) climbed 65.24% to $5.80. ABL reported strong year-over-year rise in its Q3 results. China Shen Zhou Mining...
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Clean Energy Fuels Prices Common Stock Offering at $13.25 per Share
Thursday, November 11, 2010 - 9:43am | 89Clean Energy (Nasdaq: CLNE) today announced the pricing of its public offering of 3,000,000 shares of its common stock at a price of $13.25 per share. Of the shares, an aggregate of 50,068 shares were purchased by certain Clean Energy executive officers at a price of $14.48 per share. Clean Energy...