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The last time you pulled up the pump for gas, you may have noticed a pinching feeling. For every agenda, there’s a price to be paid. In this case, as has recently been highlighted by Shell, Chevron, and ExxonMobil, the price for the mission to slow human-caused global warming is a lack...
halbergman/E+ via Getty Images The Biden administration is weighing options to provide relief to U.S. oil refiners from biofuel blending mandates, Reuters reports. RIN prices have surged to their highest in the program's 13-year history, and refiners have said the law - which requires them to...
The price of energy is on the rise. But it isn’t a normal commodity bull market. It’s always risky to say “this time is different” when dealing with financial markets. But this time IS different. At least, for energy commodities. Why is it different? Because we hav...
PBF Energy to Participate in the Virtual Wells Fargo Energy Conference PR Newswire PARSIPPANY, N.J. , May 28, 2021 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the Virtual Wells Fargo Ener...
Delek US ([[DK]] -1.1%) is upgraded to Overweight from Neutral with a $30 price target at Piper Sander, which calls the company its favorite small- to mid-cap refining play, but shares trade lower in a generally down day for oil and gas names.Delek shares are "increasingly compelling vs....
The stock market is getting beaten up over recent days, but you wouldn’t know it if you had all your investment capital in the energy sector. Oil is up and the XLE energy ETF is near 52-week highs. XLE even rallied on Wednesday, when the rest of the market saw its largest decline in mo...
Inland refiner HollyFrontier has a $5.7 billion market cap; however, it is suspending its dividend to buy a Washington refinery at a total cost, including inventory, of over $500 million. Washington refineries are supplied by Canadian and Alaskan crude, among others. While the USWC, i...
For a group to get hot in a bull market trend, it’s not enough to simply have a good fundamental case. “Hot” means retail money flowing in, which equals multiple expansion and a crowd of hungry speculators looking for the next breakout in the group. For that, you need a c...
PBF Energy was forced to traverse very rough waters during 2020, but thankfully 2021 has started off better than expected. Although they still saw a cash burn during the first quarter of 2021, it was better than the previous rough guidance from management. More importantly, they a...
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...
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2024-07-23 18:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
A look at the top 10 most actives in the United States Onconetix Inc. (ONCO) rose 46.5% to $0.2183 on volume of 404,016,812 shares NVIDIA Corporation (NVDA) rose 2.6% to $121.09 on volume of 317,123,916 shares PROSHARES TRUST (SQQQ) rose 1.5% to $8.23 on volume of 207,449,647 shares Max...
A look at the top 10 most actives in the United States Onconetix Inc. (ONCO) rose 113.3% to $0.3178 on volume of 162,323,665 shares NVIDIA Corporation (NVDA) rose 0.8% to $118.92 on volume of 44,858,282 shares Maxeon Solar Technologies Ltd. (MAXN) rose 8.5% to $0.2648 on volume of 43,008,...