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Sunoco To Benefit From 'Timing Trifecta,' Says JPMorgan
Tuesday, January 9, 2018 - 3:36pm | 445Sunoco LP (NYSE: SUN) is expected to benefit from a "timing trifecta" and now is the time to turn bullish on the stock, according to JPMorgan. The Analyst JPMorgan's Andrew Burd upgraded Sunoco's stock rating from Neutral to Overweight with a price target boosted from $31 to $34...
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Jefferies Upgrades Sunoco Following Multi-Billion Deal With 7-Eleven
Monday, April 10, 2017 - 10:31am | 393Christopher Sighinolfi of Jefferies upgraded shares of Sunoco LP (NYSE: SUN) from Underperform to Hold with a price target boosted from $20 to $29 after the retail seller of motor fuels and merchandise struck a deal to sell over 1,000 gas stations and convenience stores to the parent company of 7-...
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MagneGas Gains On New Fuel Purchase Order
Tuesday, February 16, 2016 - 2:10pm | 146Shares of MagneGas Corporation (NASDAQ: MNGA) were trading higher by around 5 percent on Tuesday. The company announced it has received a fuel purchase order from "one of the largest gas companies in Mexico." MagneGas added that the potential client will test its products in the Mexican market as a...
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BP To Eliminate 4,000 Jobs Due To Slumping Oil Prices
Tuesday, January 12, 2016 - 3:59pm | 168According to a report by Reuters, BP plc (ADR) (NYSE: BP) is planning on eliminated thousands of jobs in 2016. Shares of BP were trading lower by 1.66 percent at $28.36 heading into the final hour of trading on Tuesday. According to Reuters, BP plans on lowering its global oil production...
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Piedmont Natural Gas Reports Fiscal 2015 Earnings, Reaffirms 2016 Outlook
Wednesday, December 23, 2015 - 11:25am | 167Piedmont Natural Gas Company, Inc. (NYSE: PNY) on Wednesday reported its financial results for the full year fiscal 2015. Piedmont Natural Gas reported that it earned $1.87 per share for the full fiscal year on revenue of $1.371 billion. Analysts were looking for the company to earn $...
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Deutsche Bank Discusses Gulfport Energy's 2015 Expectations
Monday, December 29, 2014 - 8:59am | 213In a note to clients on Monday, Josh Silverstein of Deutsche Bank discussed Gulfport Energy Corporation (NASDAQ: GPOR) and what to look for in the coming year. “2014 was a year of transition at Gulfport Energy that saw new leadership emerge and a strategy shift from run and gun to a more managed...