SocialPicks Sentiment:
** v.s.
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This Quarter's Sentiment:
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SocialPicks Community
pinched less?
VLO
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-53.30%
in
473 days
As prices for crude oil begin to recede the margin for gas refineries should begin to fatten up for some nice short term gains. Hopefully the worst is over for oil, barring of course, Iran's feistiness with the IAEA and Mother Russia over zealous bombing of Georgia and its oil pipeline.
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earnings
VLO
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-48.71%
in
488 days
crack spreads will improve with crude oil price dropping this takes a few weeks to take hold as VLO consumes expensive inventory and replaces it with cheaper crude oil. VLO also uses heavy crude which is 20 bucks cheaper than the lightr crude price listed on CNBc....all of a sudden you will see it take off here by mid august
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earnings
VLO
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-48.71%
in
488 days
crack spreads will improve with crude oil price dropping this takes a few weeks to take hold as VLO consumes expensive inventory and replaces it with cheaper crude oil. VLO also uses heavy crude which is 20 bucks cheaper than the lightr crude price listed on CNBc....all of a sudden you will see it take off here by mid august
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Valero Energy Corp
VLO
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-50.62%
in
496 days
BUY: Valero (nyse: VLO) Gasoline is hitting an all-time high on a wholesale basis, and it looks like higher prices are down the road. You need to gird for $4.00 gasoline this summer—perhaps even higher. Even with historic highs in the price of crude and gasoline, the ratio between the value of a barrel of crude oil and the value of the gasoline you can make from it is currently a loser for the gasoline producers. Normally, the ratio is about 1.25, meaning that the value of the volume of gasoline you refine from a barrel of oil provides a 25% gross margi...
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Valero good here!
VLO
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-64.59%
in
568 days
Valero has been hurt over the last 12 months. Could things improve? Margins have been squeezed by the rising cost of production. (cost of crude, ect.) This is called the "crack spread" which is the difference between the cost of crude and what they get for gasoline they produce. Last spring they got $34 a barrel. The stock hit a all time high. This spring they are getting about $ 6.00 a barrel, but as the summer comes around the crack spread could go alot higher. The stock is down 32% for the year. Although this stock could go down further, im jumping in now.
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From the Blogosphere
Valero to Shut Delaware Refinery – Analyst Blog
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Valero Energy Corp. (VLO) announced plans to close its Delaware City refinery due to poor economic conditions, significant capital spending requirements and high operating costs. The shutdown will affect
approximately 550 employees at the plant. The company plans to commence shutdown process immediately. Valero remains committed to its marketing businesses in the Northeast and will continue to reliably supply its customers, partially through higher throughput rates at the company’s other refineries. <>The company expects to report a pre-tax charge of approximately $1.7 to $1.8 billion, or $2.>...
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WNR Suffers Quarterly Loss – Analyst Blog
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Oil refiner and marketer Western Refining Inc. (WNR) reported weaker-than-expected third quarter results, pulled down by lower margins and throughput on the back of weak fuel demand and high inventories caused by the prolonged economic slowdown. This was partially offset by lower costs and expenses. Its loss per share came in at 5 cents, wider than the Zacks Consensus Estimate of 3 cents.
In the year-ago period, the Texas-based company earned $1.60 per share. Revenues were down 40.1% year over year to $1.9 billion. Western follows larger rivals Valero Energy Corp. (VLO) and Sunoco Inc. (SUN)...
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Zacks Bull and Bear of the Day Highlights: NVIDIA Corp., Red Robin Gourmet Burgers, Tesoro Corporation, Valero Energy Corp. and Sunoco Inc. – Press Releases
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For Immediate Release Chicago, IL – November 10, 2009 – Zacks Equity Research highlights NVIDIA Corp. (NVDA) as the Bull of the Day and Red Robin Gourmet Burgers (RRGB) the Bear of the Day. In addition, Zacks Equity Research provides analysis on Tesoro Corporation (TSO), Valero Energy Corp. (VLO) and Sunoco Inc. (SUN). Full analysis of all these stocks is available at http://at.zacks.com/?id=5506 Here is a synopsis of all five stocks: Bull of the Day: <>NVIDIA Corp. (NVDA) posted revenue and earnings well above expectations. NVIDIA is poised for growth through improved cost management, rising >...
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Tesoro Beats, Cuts Dividend in Half – Analyst Blog
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Tesoro Corporation’s (TSO) third-quarter 2009 results came in significantly better than expected, helped by better demand balance in the company’s key West Coast region. Earnings per share came in at 24 cents, against Zacks Consensus Estimate of a penny loss.
Tesoro’s outperformance is in contrast to the steep losses posted by the other major refiners that have already reported -- Valero Energy Corp. (VLO) and Sunoco Inc. (SUN).
However, compared to the year-ago period, Tesoro’s earnings per share plunged 87.1%, while sales declined 45.4% to $4.7 billion -- severely hampered by depresse< /><><>< />< />>>< />< /><><>< />>>< />< />< />< /><><>>>< />< />< />< /><><>>>< />< />< /><><>< />>>< />< />< />< /><><>>>< />< />< />< /><><>>>< />< />< />< /><><>>>< />< />< />< />< />< />< /><>>< /><>>< /><>>< /><>>< /><><>< />><>< />><>< />>>< />...
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Disappointing Quarter for Sunoco – Analyst Blog
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Oil refiner and marketer Sunoco Inc. (SUN) reported weaker-than-expected third quarter results as its refining and chemicals operations slipped in the red, pulled down by reduced margins and production. Loss per share, excluding special items, came in at 29 cents, significantly wider than the Zacks Consensus Estimate of 9 cents. In the year-ago period, the Pennsylvania-based company earned $4.78 per share. Revenues were down 42.6% year over year to $8.7 billion. Refining & Supply The Refining & Supply segment lost $118 million during the quarter, as against a profit of $398 million in the...
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(-14.20% risk: moderate)
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Refiners being squeezed
- VLO (and other refiners) have had their day. The "crack spread" is declining, or if not, holding constant. Reduced use of gasoline means reduced inco
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VLO - nice bounce shortly
- Just like TSO, this one is gonna get a nice bounce shortly, I have a play I am stalking and will advise soon. We'll see, but oil should stay strong he
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