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.
Showing posts with label Valero. Show all posts
Showing posts with label Valero. Show all posts
Monday, July 23, 2012
RRI (GEN) (MOS) (NRG) (ROSE) (SLB) (VLO) (WLL) Upgraded by Analysts
Several commodity companies were upgraded by analysts Monday, including RRI Energy, Inc. (GEN), The Mosaic Company (MOS), NRG Energy, Inc. (NRG), Rosetta Resources Inc. (ROSE), Schlumberger (SLB), Valero Energy Co. (VLO) and Whiting Petroleum Co. (WLL).
Macquarie upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to an "Outperform" rating.
UBS AG (NYSE: UBS) upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to a "Buy" rating.
Barclays Capital upgraded RRI Energy, Inc. (GEN) from an "Equalweight" rating to an "Overweight" rating.
Citigroup (NYSE: C) upgraded The Mosaic Company (MOS) from a "Neutral" rating to a "Buy" rating. They raised their price from $62.00 $66.00 on the company.
Barclays Capital upgraded NRG Energy, Inc. (NRG) from an "Equalweight" rating to an "Overweight" rating.
Tudor Pickering upgraded Rosetta Resources Inc. (ROSE) from a "Hold" rating to a "Buy" rating.
Argus upgraded Schlumberger (SLB) from a "Hold" rating to a "Buy" rating. They placed a price target of $85.00 on the company.
UBS upgraded AG Valero Energy Co. (VLO) from a "Neutral" rating to a "Buy" rating.
Susquehanna upgraded Whiting Petroleum Co. (WLL) "Neutral" rating to a "Positive" rating.
Macquarie upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to an "Outperform" rating.
UBS AG (NYSE: UBS) upgraded RRI Energy, Inc. (GEN) from a "Neutral" rating to a "Buy" rating.
Barclays Capital upgraded RRI Energy, Inc. (GEN) from an "Equalweight" rating to an "Overweight" rating.
Citigroup (NYSE: C) upgraded The Mosaic Company (MOS) from a "Neutral" rating to a "Buy" rating. They raised their price from $62.00 $66.00 on the company.
Barclays Capital upgraded NRG Energy, Inc. (NRG) from an "Equalweight" rating to an "Overweight" rating.
Tudor Pickering upgraded Rosetta Resources Inc. (ROSE) from a "Hold" rating to a "Buy" rating.
Argus upgraded Schlumberger (SLB) from a "Hold" rating to a "Buy" rating. They placed a price target of $85.00 on the company.
UBS upgraded AG Valero Energy Co. (VLO) from a "Neutral" rating to a "Buy" rating.
Susquehanna upgraded Whiting Petroleum Co. (WLL) "Neutral" rating to a "Positive" rating.
Wednesday, May 25, 2011
Price Targets on (KWK) (SU) (TLM) (TSO) (UPL) (VLO) Updated by Goldman Sachs (GS)
Goldman Sachs (NYSE:GS) updated its price targets on energy companies, including Quicksilver Resources Inc (NYSE: KWK), Suncor Energy Inc. (NYSE:SU), Talisman Energy Inc (NYSE: TLM), Tesoro Co. (NYSE: TSO), Ultra Petroleum Corp. (NYSE: UPL) and Valero Energy Co. (NYSE: VLO).
Goldman Sachs raised their price target on Quicksilver Resources Inc (KWK) to $17.00.
Goldman Sachs raised their price target on Suncor Energy Inc. (SU) to $63.00.
Goldman Sachs cut their price target on Talisman Energy Inc (TLM) to $26.00.
Goldman Sachs raised their price target on Tesoro Co. (TSO) to $27.00.
Goldman raised their price target on Ultra Petroleum Corp. (UPL) to $52.00.
Goldman raised their price target on Valero Energy Co. (VLO) to $28.00.
Goldman Sachs raised their price target on Quicksilver Resources Inc (KWK) to $17.00.
Goldman Sachs raised their price target on Suncor Energy Inc. (SU) to $63.00.
Goldman Sachs cut their price target on Talisman Energy Inc (TLM) to $26.00.
Goldman Sachs raised their price target on Tesoro Co. (TSO) to $27.00.
Goldman raised their price target on Ultra Petroleum Corp. (UPL) to $52.00.
Goldman raised their price target on Valero Energy Co. (VLO) to $28.00.
Wednesday, September 29, 2010
Barclays (NYSE:BCS) Reiterates "Overweight" on Valero (NYSE:VLO)
Valero Energy (NYSE:VLO) retains an "Overweight" rating from Barclays (NYSE:BCS), also keeping its price target and earnings per share estimates in place as well.
Barclays noted the sale of its Paulsboro refinery to PBF Holding Co. in particular, saying while it's a positive move, it's not enough to change their expectations.
"After the close on 9/27/10, Valero announced that the company signed an agreement to sell its 185 mb/d (000's b/d) Paulsboro refinery to PBF Holding Co...We think this announced asset sale is a slight positive factor for VLO, with selling price largely in-line with our expectations...We also think this announcement is a positive factor for Sunoco (NYSE:SUN) because it demonstrates that there is still a market for Northeast refineries," said Barclays.
Earnings per share remain at $1.70 for 2010 and $2.10 for 2011.
Valero closed Tuesday at $17.07, gaining $0.19, or 1.13 percent. They have a price target of $22 on them.
Barclays noted the sale of its Paulsboro refinery to PBF Holding Co. in particular, saying while it's a positive move, it's not enough to change their expectations.
"After the close on 9/27/10, Valero announced that the company signed an agreement to sell its 185 mb/d (000's b/d) Paulsboro refinery to PBF Holding Co...We think this announced asset sale is a slight positive factor for VLO, with selling price largely in-line with our expectations...We also think this announcement is a positive factor for Sunoco (NYSE:SUN) because it demonstrates that there is still a market for Northeast refineries," said Barclays.
Earnings per share remain at $1.70 for 2010 and $2.10 for 2011.
Valero closed Tuesday at $17.07, gaining $0.19, or 1.13 percent. They have a price target of $22 on them.
Tuesday, July 27, 2010
Valero (NYSE:VLO) Generates First Profit in a Year
Valero Energy Corp (NYSE:VLO) shattered analysts' expectations, posting a profit of $583 million, or 93 cents a share. Analysts at Thomson Reuters had been looking for 71 cents a share in earnings.
Last year during the same quarter, Valero took a loos of $254 million, or 36 cents a share.
Revenue also soared in the quarter, rising from $17.4 billion last year to $21.8 billion this year.
Lower-grade crude oil helped them in earnings, as the spread between higher grades and lower grades was better than expected.
Consequently, margins were close to double for the refiner over last year in the Gulf Coast region, where they have five plants in the market.
Going forward, the margins and cost remain strong, but aren't expected to be quite as good as the previous quarter, which led Valero Chief Executive Officer Bill Klesse to say the company needs the economy to grow if fuel demand is to increase.
In other words, the third quarter won't be as good as this quarter if there isn't something outside the company to increase demand.
Last year during the same quarter, Valero took a loos of $254 million, or 36 cents a share.
Revenue also soared in the quarter, rising from $17.4 billion last year to $21.8 billion this year.
Lower-grade crude oil helped them in earnings, as the spread between higher grades and lower grades was better than expected.
Consequently, margins were close to double for the refiner over last year in the Gulf Coast region, where they have five plants in the market.
Going forward, the margins and cost remain strong, but aren't expected to be quite as good as the previous quarter, which led Valero Chief Executive Officer Bill Klesse to say the company needs the economy to grow if fuel demand is to increase.
In other words, the third quarter won't be as good as this quarter if there isn't something outside the company to increase demand.
Monday, May 10, 2010
Tesoro (NYSE: TSO) or Valero (NYSE: VLO)?
You've got to love the names of companies like Tesoro (NYSE: TSO) and Valero (NYSE: VLO), who sound like a name to some popular song from days gone by.
Stripping it down to fundamentals though, and it's hard not to like what you see with Valero, which has a lower forward P/E ratio, than its competitors, including Tesoro, and has better margins as well. What's not to like about them?
The depressed stock price of Valero is also alluring, as its share price has plummeted over the last several years, and yet it looks like it's positioned strong for a nice run, sitting at just under $20 a share at this time.
Tesoro has had a similar performance as Valero over the last several years, but the superior margins and P/E of Valero make it more desirable going forward.
Stripping it down to fundamentals though, and it's hard not to like what you see with Valero, which has a lower forward P/E ratio, than its competitors, including Tesoro, and has better margins as well. What's not to like about them?
The depressed stock price of Valero is also alluring, as its share price has plummeted over the last several years, and yet it looks like it's positioned strong for a nice run, sitting at just under $20 a share at this time.
Tesoro has had a similar performance as Valero over the last several years, but the superior margins and P/E of Valero make it more desirable going forward.
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