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Pre-market action in the Big Oil names indicate big gains when trading opens, as crude oil prices surge on hopes the U.S. will soon reach a deal on a $2T coronavirus aid package that could help support oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corpora...
Gasoline futures ( XB1:COM ) reportedly close -32% at $0.41/gallon after falling to as low as ~$0.38, plunging to their lowest-ever levels since the reformulated gasoline contract began trading in October 2005. More news on: Gasoline Futures, The United States Gasoline ETF, LP, Phillip...
Phillips 66 ( PSX -10.5% ) has cut rates , possibly by 15%-20%, at its 258K bbl/day Bayway refinery in New Jersey as gasoline cracks fall, S&P Global Platts reports. More news on: Phillips 66, Valero Energy Corporation, HollyFrontier Corporation, Energy stocks news, Stocks on...
The Trump administration has found itself having to manage a rapidly-worsening health crisis as the COVID-19 pandemic has taken hold in the U.S., especially New York City. Understandably focused on reacting to the immediate spread of the virus, the White House's response to the pandemic's ec...
The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it's a tech sector that is supporting our new work from home or re-rating as expensive EV/Sales multiples make less se...
Crude oil prices are not the only energy commodity that's falling, as U.S. ethanol prices have hit their lowest levels in 17 years , according to S&P Global Platts. More news on: CVR Energy, Inc., CVR Refining, LP, HollyFrontier Corporation, Energy stocks news, News on ETFs, Read ...
By Valuentum Analysts Image Shown: The energy and banking markets continue to be experiencing pain. Since we removed the Energy Select Sector SPDR ( XLE ) and Financial Select Sector SPDR ( XLF ) from the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio, XLE ha...
The merchant refining sector was characterized by an unprecedented level of volatility last week. Notable names such as CVR Energy ( CVI ), Delek US Holdings ( DK ), HollyFrontier ( HFC ), Marathon Petroleum ( MPC ), and PBF Energy ( PBF ) had all seen their share prices fall by 61% ...
Oil refiner HollyFrontier (NYSE: HFC) reported a mixed bag of Q4 earnings on Feb. 20. This was par for the course for the refining industry, which generally saw little change in revenues and big earnings declines over the prior year. Like many of its peers, Holly posted a very sma...
This article was highlighted for PRO subscribers, Seeking Alpha’s service for professional investors. Find out how you can get the best content on Seeking Alpha here . HollyFrontier ( HFC ) has plunged 38% in the last four months, primarily due to fierce sell-off of the entire en...
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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...
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“ Hampton ” or the “ Company ”, TSXV:HFC) advises that it has closed the non-brokered pr...