Showing posts with label Marathon Petroleum. Show all posts
Showing posts with label Marathon Petroleum. Show all posts
Friday, November 9, 2012
Aurizon (AZK) (CXO) (LNV) (MPC) (NSU) (NVA) (PSX) (TALV) (TC) (TET) Downgraded by Analysts
Aurizon Mines Ltd.(USA) (AZK), Concho Resources Inc. (CXO), Longview Oil Corp. (LNV), Marathon Petroleum (MPC), Nevsun Resources (NSU), Nuvista Energy (NVA), Phillips 66 (PSX), Talvivaara Mining Co. (TALV), Thompson Creek Metals (TC) and Trilogy Energy (TET) were downgraded by analysts.
Desjardins downgraded Aurizon Mines Ltd.(USA) (AZK) from a "Buy" rating to a "Hold" rating.
Iberia Capital downgraded Concho Resources Inc. (CXO) from a "Sector Perform" rating to an "Underperform" rating. They have a price target of $71.00 on the company.
Scotia Capital downgraded Longview Oil Corp. (LNV) from an "Outperform" rating to a "Sector Perform" rating. They have a price target of $8.50 on the company.
Deutsche Bank downgraded Marathon Petroleum (MPC) from a "Buy" rating to a "Hold" rating.
GMP Securities downgraded Nevsun Resources (NSU) from a "Buy" rating to a "Hold" rating.
TD Securities downgraded Nuvista Energy (NVA) from a "Buy" rating to a "Hold" rating. They have a price target of $6.00 on the company.
Deutsche Bank downgraded Phillips 66 (PSX) from a "Buy" rating to a "Hold" rating.
Nordea Equity Research downgraded Talvivaara Mining Co (TALV) to a "Sell" rating. They have a price target of $1.91 on the company.
UBS AG downgraded Thompson Creek Metals Co Inc (TC) from a "Buy" rating to a "Neutral" rating.
Scotia Capital downgraded Trilogy Energy (TET) from an "Outperform" rating to a "Sector Perform" rating. They have a price target of $33.00 on the company.
Friday, October 26, 2012
Agnico (AEM) (CVE) (HERO) (MPC) (PSX) (RUS) (SCHN) Upgraded by Analysts
Agnico Eagle Mines (AEM), Cenovus Energy Inc (CVE), Hercules Offshore, Inc. (HERO), Marathon
Petroleum (MPC), Phillips 66 (PSX), Russel Metals Inc (RUS) and Schnitzer Steel (SCHN) were
upgraded by analysts.
Barclays Capital upgraded Agnico Eagle Mines (AEM) from an "Underperform" rating to a
"Sector Perform" rating. They have a price target of $69.00 on the company.
Cormark upgraded Cenovus Energy Inc (CVE) from an "Outperform" rating to a "Buy" rating.
Dahlman Rose upgraded Hercules Offshore, Inc. (HERO) from a "Hold" rating to a "Buy" rating. They have a price target of $6.50 on the company. Jefferies Group also upgraded Hercules from a Hold rating to a Buy rating, although they have a price target of $4.50 on the company.
Credit Suisse upgraded Marathon Petroleum (MPC) from a "Neutral" rating to an "Outperform" rating. They have a price target of $75.00 on the company.
Credit Suisse upgraded Phillips 66 (PSX) from a "Neutral" rating to an "Outperform" rating. They have a price target of $60.00 on the company.
CIBC upgraded Russel Metals (RUS) from a "Sector Perform" rating to an "Outperform" rating.
DA Davidson upgraded Schnitzer Steel (SCHN) from a "Neutral" rating to a "Buy" rating. They have a price target of $36.00 on the company.
Tuesday, September 18, 2012
Alcoa (AA) (GOLD) (MPC) (PSX) (RS) (SCHN) (STLD) Downgraded
Alcoa Inc. (AA), Randgold Resources Ltd. (GOLD), Marathon Petroleum (MPC), Phillips 66 (PSX), Reliance Steel & Aluminum (RS), Schnitzer Steel (SCHN) and Steel Dynamics, Inc. (STLD) were downgraded by analysts.
Jefferies Group (JEF) downgraded Alcoa Inc. (AA) from a "Buy" rating to a "Hold" rating. They have a price target of $11.00 on the company.
Stifel Nicolaus downgraded Randgold Resources Ltd. (GOLD) from a "Buy" rating to a "Hold" rating.
Credit Suisse downgraded Marathon Petroleum (MPC) from an "Outperform" rating to a "Neutral" rating. They have a price target of $63.00 on the company.
Credit Suisse downgraded Phillips 66 (PSX) from an "Outperform" rating to a "Neutral" rating. They have a price target of $46.00 on the company.
Jefferies Group downgraded Reliance Steel & Aluminum (RS) from a "Buy" rating to a "Hold" rating. They have a price target of $62.00 on the company.
Jefferies Group downgraded Schnitzer Steel (SCHN) from a "Buy" rating to a "Hold" rating.
Jefferies Group downgraded Steel Dynamics, Inc. (STLD) from a "Buy" rating to a "Hold" rating.
Jefferies Group (JEF) downgraded Alcoa Inc. (AA) from a "Buy" rating to a "Hold" rating. They have a price target of $11.00 on the company.
Stifel Nicolaus downgraded Randgold Resources Ltd. (GOLD) from a "Buy" rating to a "Hold" rating.
Credit Suisse downgraded Marathon Petroleum (MPC) from an "Outperform" rating to a "Neutral" rating. They have a price target of $63.00 on the company.
Credit Suisse downgraded Phillips 66 (PSX) from an "Outperform" rating to a "Neutral" rating. They have a price target of $46.00 on the company.
Jefferies Group downgraded Reliance Steel & Aluminum (RS) from a "Buy" rating to a "Hold" rating. They have a price target of $62.00 on the company.
Jefferies Group downgraded Schnitzer Steel (SCHN) from a "Buy" rating to a "Hold" rating.
Jefferies Group downgraded Steel Dynamics, Inc. (STLD) from a "Buy" rating to a "Hold" rating.
Friday, July 27, 2012
Newmont (NEM) (MPC) (EXC) (OKE) (WPZ) Boost Dividends
Newmont Mining Corporation (NEM), Marathon Petroleum Corporation (MPC), Exelon Corporation (EXC), ONEOK, Inc. (OKE) and Williams Partners L.P. (WPZ) all recently increased dividends.
Marathon Petroleum Corporation (MPC) raised its quarterly dividend 40 percent to $0.35 a share. The dividend is payable September 10, 2012 to shareholders of record as of the close of business August 16, 2012.
Exelon Corporation (EXC) boosted its quarterly dividend 38.5 percent to $0.525 a share. The dividend is payable September 10, 2012, to shareholders of record of Exelon at 5:00 p.m. EST on August 15, 2012.
ONEOK, Inc. (OKE) raised its quarterly dividend 8.2 percent to $0.33 a share. The dividend is payable August 15, 2012, to shareholders of record at the close of business August 6, 2012.
Newmont Mining Corporation (NEM) increased its quarterly dividend 17 percent to $0.35 a share. The dividend is payable on September 28, 2012, to holders of record at the close of business on September 6, 2012.
Williams Partners L.P. (WPZ) raised its quarterly dividend 2 percent to $0.7925 a unit. The dividend is payable on August 10, 2012, to unitholders of record at the close of business on August 3.
Marathon Petroleum Corporation (MPC) raised its quarterly dividend 40 percent to $0.35 a share. The dividend is payable September 10, 2012 to shareholders of record as of the close of business August 16, 2012.
Exelon Corporation (EXC) boosted its quarterly dividend 38.5 percent to $0.525 a share. The dividend is payable September 10, 2012, to shareholders of record of Exelon at 5:00 p.m. EST on August 15, 2012.
ONEOK, Inc. (OKE) raised its quarterly dividend 8.2 percent to $0.33 a share. The dividend is payable August 15, 2012, to shareholders of record at the close of business August 6, 2012.
Newmont Mining Corporation (NEM) increased its quarterly dividend 17 percent to $0.35 a share. The dividend is payable on September 28, 2012, to holders of record at the close of business on September 6, 2012.
Williams Partners L.P. (WPZ) raised its quarterly dividend 2 percent to $0.7925 a unit. The dividend is payable on August 10, 2012, to unitholders of record at the close of business on August 3.
Marathon (MPC) Margins Could be Pressured
Over the short term it appears Marathon Petroleum should do well, and the company apparently believes that also, recently boosting its quarterly dividend 40 percent to $0.35 a share.
But for the next five years Marathon may come under strong pressure from what could be a big drop in margins. Wood Mackenzie Senior Energy Research Analyst Jonathan Leitch said the margins of the company could fall as much as 40 percent during that period.
This is because of the lighter crude oil being extracted from shale plays around the United States, which is the primary market served by the oil refiner.
Marathon Petroleum has refinery exposure of approximately 50 percent in the heavy crude market, which is the source behind the probably pressure on its margins going forward.
At this time there is an oversupply of refining capacity in that segment of the market.
This shouldn't affect the performance of the stock in the very short term, but over time it is something that must be carefully watched.
Marathon Petroleum closed Friday at $47.04, climbing $1.22, or 2.66 percent.
But for the next five years Marathon may come under strong pressure from what could be a big drop in margins. Wood Mackenzie Senior Energy Research Analyst Jonathan Leitch said the margins of the company could fall as much as 40 percent during that period.
This is because of the lighter crude oil being extracted from shale plays around the United States, which is the primary market served by the oil refiner.
Marathon Petroleum has refinery exposure of approximately 50 percent in the heavy crude market, which is the source behind the probably pressure on its margins going forward.
At this time there is an oversupply of refining capacity in that segment of the market.
This shouldn't affect the performance of the stock in the very short term, but over time it is something that must be carefully watched.
Marathon Petroleum closed Friday at $47.04, climbing $1.22, or 2.66 percent.
Monday, July 23, 2012
Acorn (ACFN) (ALJ) (CHKM) (EQM) (HES) (HFC) (MPC) (TSRO) (VLO) (WNR) (X) Get New Coverage
Acorn Energy Inc (ACFN), Alon USA Energy, Inc. (ALJ), Chesapeake Midstream Partners LP (CHKM), EQT Midstream Partners LP (EQM), Hess (HES), HollyFrontier (HFC), Marathon Petroleum (MPC), ESARO Inc (TSRO), Valero Energy Co. (VLO), Western Refining, Inc. (WNR) and U.S. Steel (X) get new analyst coverage.
Barrington Research initiated coverage on Acorn Energy (ACFN). They placed an "Outperform" rating and price target of $11.30 on the company.
Tudor Pickering initiated coverage on Alon USA Energy, Inc. (ALJ). They placed an "Accumulate" rating on the company.
Barclays Capital initiated coverage on Chesapeake Midstream Partners LP (CHKM). They placed an "Overweight" rating and a price target of $33.00 on the company.
Bank of America initiated coverage on EQT Midstream Partners LP (EQM). They placed a "Buy" rating on the company
Standpoint Research initiated coverage on Hess (HES). They placed a "Buy" rating and a price target of $60.00 on the company.
Tudor Pickering initiated coverage on HollyFrontier (HFC). They placed an "Accumulate" rating on the company.
Tudor Pickering initiated coverage on Marathon Petroleum (MPC). They placed a "Buy" rating on the company
Citigroup initiated coverage on TESARO (TSRO). They placed a "Buy" rating on the company
Tudor Pickering initiated coverage on Valero Energy Co. (VLO). They placed a "Buy" rating on the company
Tudor Pickering initiated coverage on Western Refining, Inc. (WNR). They placed an "Accumulate" rating on the company.
Imperial Capital initiated coverage on U.S. Steel (X) . They placed a "Outperform" rating and a price target of $26.50 on the company.
Barrington Research initiated coverage on Acorn Energy (ACFN). They placed an "Outperform" rating and price target of $11.30 on the company.
Tudor Pickering initiated coverage on Alon USA Energy, Inc. (ALJ). They placed an "Accumulate" rating on the company.
Barclays Capital initiated coverage on Chesapeake Midstream Partners LP (CHKM). They placed an "Overweight" rating and a price target of $33.00 on the company.
Bank of America initiated coverage on EQT Midstream Partners LP (EQM). They placed a "Buy" rating on the company
Standpoint Research initiated coverage on Hess (HES). They placed a "Buy" rating and a price target of $60.00 on the company.
Tudor Pickering initiated coverage on HollyFrontier (HFC). They placed an "Accumulate" rating on the company.
Tudor Pickering initiated coverage on Marathon Petroleum (MPC). They placed a "Buy" rating on the company
Citigroup initiated coverage on TESARO (TSRO). They placed a "Buy" rating on the company
Tudor Pickering initiated coverage on Valero Energy Co. (VLO). They placed a "Buy" rating on the company
Tudor Pickering initiated coverage on Western Refining, Inc. (WNR). They placed an "Accumulate" rating on the company.
Imperial Capital initiated coverage on U.S. Steel (X) . They placed a "Outperform" rating and a price target of $26.50 on the company.
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