Oil & Gas Refining & Marketing

Shares of Clean Energy Fuels Corp. (NASDAQ: CLNE) are lower on the session by 1.30%, trading at $12.50. Overall call volume is now running at 2.24x the daily average, with 2% of all calls traded being purchases on the offer. 3,216 contracts have traded on the session so far. Clean Energy Fuels...

Goldman Sachs is reiterating its Buy rating on CVR Energy (NYSE: CVI) and maintaining its $33 price on the stock following the compnay's analyst meeting. In the report, Goldman Sachs writes, “n our view, key takeaways from the analyst meeting were: (1) SOTP valuation points to a significantly...

There are easier things to do in the ETF business than try to capture investors' attention with a new equity-based oil ETF. Without making the leap to saying this niche of the ETF universe is saturated, it is fair to say that a few ETFs such as the Oil Services HOLDRs (AMEX: OIH), the Energy Select...

Dahlman Rose is out with its report today on CVR Energy (NYSE: CVI), maintaining Buy. In a note to clients, Dahlman Rose writes, "After attending CVR's analyst day in Houston earlier this week, we maintain conviction of our sum-of-the-parts valuation of $30. As the coming earnings season...

Direxion Daily Developed Markets Bull 3X Shares(ETF) (NYSE: DZK) led the decliners among the ETFs on Wednesday, with a decline of 9.97%. DZK closed at $62.86, and it had a volume of 56K traded shares. ProShares Ultra DJ-UBS Crude Oil (NYSE: UCO) lost 7.67% today as crude oil dropped below $95. The...

The oil & Gas Sector is one of the worst performing areas in the market today, currently trading down 1.7% on the session. A 3% plunge in crude oil futures is fueling the drop. The worst performing stocks in the S&P Oil & Gas Sector currently are: 1) Hess Corporation (NYSE: HES):...

Direxion Daily China Bear 3x Shares ETF (NYSE: CZI) dropped 7.47% on Tuesday as Baidu.com, Inc. (ADR) (NASDAQ: BIDU) spiked 5.75%. CZI closed the trading session at $16.10, and it had a volume of 122K traded shares. Direxion Small Cap Bear 3X Shares (ETF) (NYSE: TZA) broke its two-day winning...

Direxion Daily China Bull 3x Shares ETF (NYSE: CZM) spiked 7.04%, and it closed at $41.42 as Baidu.com, Inc. (ADR) (NASDAQ: BIDU) jumped 5.75%, and China Petroleum & Chemical Corp. (ADR) (NYSE: SNP) added 1.43%. Direxion Daily Small Cap Bull 3X Shares(ETF) (NYSE: TNA) traded higher today,...

Renewable Dairy Fuels, an affiliate of major Indiana milk producer Fair Oaks Dairy, has contracted with Clean Energy Fuels Corp. (Nasdaq: CLNE) to build and operate a new compressed natural gas (CNG) fueling station (Fair Oaks Station) that will dispense CNG fuel to power the initial fleet of 42...

After being the worst performing area of the market in yesterday's trading session, the Oil & Gas sector is one leading the market in today's action, currently up 2.03% on the day. The best performing stocks currently in the S&P 500 Oil & Gas Sector are: 1) Tesoro (NYSE: TSO): Shares...

This morning, the major stock indexes are bouncing higher across the board. While most sectors are trading in positive territory, it is the energy sector that is leading the markets higher. The energy sector accounts for roughly 16.0 percent of the S&P 500 Index. Exxon Mobil Corp.(NYSE: XOM)...

Jefferies reiterated its Hold rating on Verenium Corporation (NASDAQ: VRNM). At the same time, Jefferies lowered its price target on the company's stock from $2.95 to $2.20. In a research report published today, Jefferies stressed the company needs to resolve capital constraints problems in order...

Jefferies & Company has lowered the price target on Verenium Corporation (NASDAQ: VRNM) from $2.95 from $2.20 and maintains its Hold rating.

Pacific Ethanol (Nasdaq: PEIX), announced today that it has filed an amendment to its Certificate of Incorporation to effect a one-for-seven reverse stock split of its issued and outstanding shares of common stock. The reverse stock split will be effective as to stockholders of record at 12:01 a.m...

Morgan Stanley raised its price target on Sunoco (NYSE: SUN) from $50 to $53, after raising its earnings per share estimates for 2012. In a research report published today, Morgan Stanley states, "we are raising our SUN 2012 EPS estimates from $2.98 to $3.27 to reflect higher coal production and...