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InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here . In the past ...
The recovery that PBF Energy saw during the third quarter of 2021 continued into the fourth quarter. Whilst their operating cash flow slowed down relatively speaking, it was simply due to temporary working capital movements. If removed and annualized, their underlying results for ...
The Biden administration on Thursday rescinded waivers that had been granted to 31 refineries from U.S. biofuel blending requirements for the 2018 compliance year, but said it will not require the facilities to buy RIN compliance credits to fulfill the quotas, Bloomberg reports. The Environme...
PBF Energy Inc. Class A (NYSE:PBF) traded today at a new 52-week high of $26.69. Approximately 1 million shares have changed hands today, as compared to an average 30-day volume of 3.9 million shares. PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transporta...
Thursday, the Department of Energy released final monthly production statistics for January; weekly DOE estimates pointed to production of 11.6mb/d in January, though the final monthly tally released Thursday came in at 11.4mb/d; down 200kb/d from December levels, but up ~300kb/d from January...
PBF Energy to Release First Quarter 2022 Earnings Results PR Newswire PARSIPPANY, N.J. , March 30, 2022 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the first quarter 2022 on Thursday, April 28...
Wells Fargo analyst Roger Read published a bullish note Wednesday, lifting refinery earnings estimates amidst resilient demand and skyrocketing margins. The analyst raised Marathon's (MPC) 2022 earnings estimates 37%, PBF's (PBF) 39%, and Valero's (VLO) 19%. The note cited tight inv...
Energy (NYSEARCA:XLE) was the only sector decliner as the broader stock market racked up its best week since November 2020, while crude oil posted its first back-to-back weekly decline since December. U.S. WTI April crude (CL1:COM) closed 1.7% higher Friday but fell 4.2% on the week at $104.7...
Refiners were hit particularly hard in a day that saw oil and gas related stocks post broad losses, as Valero Energy (VLO -6.8%) racked up the biggest loss of the entire S&P 500, with Phillips 66 (PSX -3.7%) and Marathon Petroleum (MPC -2.9%) also down sharply along with crude oil prices....
BP (NYSE:BP) and Shell (NYSE:SHEL) have not offered spot diesel cargoes on the German market for two weeks, for fear of a supply shortage, according to Reuters sources. Russia accounted for 58% of Europe's diesel and gasoil imports in 2021, and the German fuels and energy association sai...
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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,...