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HollyFrontier ([[HFC]] -7.2%) is today's biggest loser on the S&P 500 after reporting a larger than expected adjusted Q1 loss and acquisition of the Puget Sound Refinery that includes the suspension of its quarterly dividend.Investor feedback on the refinery deal has been "decidedly beari...
Shares of HollyFrontier (NYSE: HFC) dropped a quick 10% as trading got underway on May 5. The oil refiner's premarket earnings release was the likely driver of the negative mood. And perhaps for good reason. Ever since the coronavirus pandemic erupted, the energy industry ha...
HollyFrontier (NYSE:HFC) is scheduled to announce Q1 earnings results on Wednesday, May 5th, before market open.The consensus EPS Estimate is -$0.46 and the consensus Revenue Estimate is $2.82B (-17.1% Y/Y).Analysts expect EBITDA of $89.2M; and Throughput of 367.2 Mbbl/d ( guided...
Exxon Mobil (XOM) is tapping temporary crews to keep making gasoline and diesel at its Beaumont refinery in Texas during a worker lockout, as the fuel industry prepares for a strong rebound this summer.Beaumont has sufficient resources to "safely and efficiently operate," the company says, al...
U.S. renewable fuel credits soared today to the highest since at least 2013, Reuters reports, lifted by soybean oil trading at its priciest since 2008.Traders say renewable fuel D6 credits for 2021 traded at $1.50 each, up from $1.44 in the previous session, and biomass-based D4 credits trade...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Equities are off to a rough start for the week. The selling pressure is weighty in energy stocks, which have lost their leadership status after a stellar performance in Q1. The reversal of fortune is weighing on the Russell...
On March 31, 2021, the White House released details of the American Jobs Plan (AJP), a $2.2 trillion eight-year plan to improve the infrastructure of the United States. While the program uses the term infrastructure loosely to include modernizing schools and childcare facilities and providing ...
Due to the unusual effects of COVID-19, 2020 and 2021 have been especially tricky years to safely invest in cyclical stocks. In this article, I share where I think we stand in the economic and market cycles. And I share how I define and analyze cyclical stocks in the current environme...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Oil stocks should be through the roof, right? Last year around this time, oil was about $20 a barrel. Today it’s around $60 a barrel. That’s a tripling of the price of crude, so oil companies must be basking...
Oil refiner shares including PBF Energy ([[PBF]] +5.2%) open with strong gains after the Environmental Protection Agency said it is finalizing a proposal to extend the deadlines for refiners to prove their compliance with U.S. biofuel blending laws for 2019 and 2020.Under a final rule re...
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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...