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The American Fuel and Petrochemical Manufacturers lobby group files a lawsuit attempting to block the Trump administration's effort to expand sales of higher ethanol blends of gasoline, escalating the battle between the oil and corn industries over U.S. biofuel policy. More news on: Arch...
Investment thesis: HollyFrontier Corp ( HFC ) share price halved since September 2018, following declining revenue and challenging base-oil and refining backdrop. In spite of that, HFC’s refining margins surged in the 1Q2019, thanks to robust cost management. Going forward, declinin...
HollyFrontier Corporation (NYSE: HFC) (the "Company") plans to announce results for its quarter ended June 30, 2019 on August 1, 2019, before the opening of trading on the NYSE. The Company has scheduled a webcast conference on August 1, 2019 at 8:30 a.m. Eastern time to discuss financial re...
U.S. crude oil closed at its lowest since mid-February , as Pres. Trump's tariff threat against Mexico compounds concerns about global economic growth, already at risk due to the U.S.-China trade war; WTI July crude settled -5.5% to $53.30/bbl, Brent -3.6% to $64.49/bbl. More news on:...
It's been a tough day for U.S. Gulf of Mexico oil refiners, thumped by Pres. Trump's threats to slap a tariff on all goods coming from Mexico and the EPA's widely expected move to allow year-round sale of E15 gasoline . More news on: Valero Energy Corporation, Phillips 66, Exxon Mobil C...
The U.S. Environmental Protection Agency formally lifts restrictions on the sale of ethanol fuel, allowing gasoline with a 15% mix of ethanol to be sold year-round instead of just eight months per year. More news on: Archer-Daniels-Midland Company, Green Plains Inc., Green Plains Partn...
While the four oil refineries Delek US Holdings ( DK ) owns with its over 300,000 barrels per day ((BPD)) of capacity represent less than two percent of the U.S. total, the company's good access to ever-increasing Permian crude - including a refinery planted in the center of the Midland sub-ba...
The Energy Select Sector SPDR ETF (NYSE: XLE ) tracks the performance of S&P 500 energy sector stocks. XLE allows investors to take a strategic or tactical exposure by isolating sector performance. Energy stocks have historically been correlated to changes in commodity prices, particularly...
The Environmental Protection Agency will unveil a less ambitious version of its proposed biofuel credit market reform this month after concluding that many of its initial ideas required more time to study, Reuters reports. More news on: Archer-Daniels-Midland Company, Green Plains Inc., ...
HollyFrontier Corporation ( HFC ) owns 457,000 barrels per day ((BPD)) of Mid-Continent, Rockies, and New Mexico transport fuels refining capacity in five refineries and 28,000 BPD of lubricating oil manufacturing. Its lubes business is seeing oversupply. In the past, HollyFrontier has benef...
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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, July 30, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) today announced its financial results for the ...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 29, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) today announced its financial results for the...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) advises that it has closed its acquisition of...