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Vaneck Oil Refiners ETF (NY: CRAK )

31.14 -0.13 (-0.42%)
Official Closing Price Updated: 8:00 PM EDT, Nov 1, 2024 Add to My Watchlist
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Headline News about Vaneck Oil Refiners ETF

Phillips 66 Posts Strong Q3 Results With Marketing, Chemicals Driving Gains
Phillips 66 (PSX) shares rise after reporting Q3 results, with midstream and chemicals segments performing well. Adjusted EPS beats consensus. 
Via Benzinga
Valero Energy Delivers Solid Q3: Ethanol, Renewable Diesel Volumes Rise
Valero Energy Corporation (NYSE: VLO) reported Q3 FY24 revenues of $32.876B, beating consensus. Adj. EPS exceeded consensus. Refining segment income down. 
Via Benzinga
Topics Energy
Exposures Fossil Fuels
What's Going On With Phillips 66 Stock Today?
On October 16, 2024, a jury awarded Propel Fuels Inc. $604.9 million in damages in a trade secret misappropriation lawsuit against Phillips 66 Company, which denies wrongdoing and plans to appeal. 
Via Benzinga
Topics Lawsuit
Exposures Financial Legal
Why Oil & Gas Company Phillips 66 Shares Are Falling On Tuesday?
Phillips 66 (PSX) sells 49% stake in Swiss joint venture for $1.24 billion, to support strategic priorities and shareholder returns. 
Via Benzinga
Union Strike Hits Marathon Petroleum's Detroit Refinery
Marathon Petroleum shares down on strike at Detroit refinery. Strike for better pay and safety; the company expects no impact on operations. 
Via Benzinga
Marathon Petroleum's Profitability Resurgent: Blows Past Q2 Revenue And EPS Estimates
Marathon Petroleum reported Q2 FY24 results, beating revenue estimates. Adjusted EBITDA was $3.39B, and adjusted EPS was $4.12. MPC returned $3.2B to shareholders. 
Via Benzinga
Refining Margin Squeeze Hits HF Sinclair's Q2 Bottom Line: Details
HF Sinclair reported Q2 FY24 results with revenues of $7.845B, beating consensus. Adjusted EBITDA fell 53% YoY. Dividend of $0.50 declared. 
Via Benzinga
Why Is Phillips 66 Stock Gaining Today?
Phillips 66 reported stronger Q2 results with revenue of $38.911B, exceeding consensus. Adjusted EPS of $2.31 topped consensus of $1.98. 
Via Benzinga
3 High-Yield Dividend Stocks/ETFs to Buy Hand Over Fist in July
Investing in equal parts of these three investments would produce a forward-dividend yield over 3.9%. 
Via The Motley Fool
Oil Short Working On Structural Demand Weakness
A discussion about the current trends in oil and gasoline markets, highlighting structural demand challenges and the bearish sentiment among traders. 
Via Talk Markets
Topics Energy
Exposures Fossil Fuels
Pipeline Power Play: Phillips 66 Makes $550M Gas Grab In The Permian Basin
Phillips 66 to acquire Pinnacle Midstream for $550 million, expanding natural gas footprint in Midland Basin. CEO aims for operational synergy. 
Via Benzinga
Topics Energy
Exposures Fossil Fuels
Why Energy Company HF Sinclair Shares Are Surging Wednesday
HF Sinclair reported Q1 FY24 results, with revenues down 7% and adjusted EBITDA down 43%. Company declared $0.50 dividend and announced $1 billion buyback. 
Via Benzinga
Why Petroleum Refineries Major Phillips 66 Shares Are Falling Today
Phillips 66 reported Q1 FY24 results with revenue of $36.436B and adjusted EPS of $1.90 missing consensus of $2.17. 
Via Benzinga
Phillips 66 Explores Sale Of Rockies Express Pipeline Stake Worth Over $1B: Report
Phillips 66 is looking to sell its 25% stake in Rockies Express Pipeline for over $1 billion. The company is in talks with potential buyers. 
Via Benzinga
Oil Falls Below $80: ETF Areas To Win/Lose
In a notable market shift, U.S. crude prices recorded a drop of 5% on Thursday. This decline comes in the wake of increasing inventories and a downturn in industrial production. 
Via Talk Markets
Topics ETFs
Oil Rally Fuels Energy Sector's Outperformance Over Tech, Challenges 2023 AI Dominance
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
It’s Downstream Energy’s Turn To Shine
For investors, energy companies have been the bright spot in a very dark 2022 stock market. The Energy Select Sector SPDR ETF is up 43% year-to-date, while the broad-coverage SPDR S&P 500 ETF has... 
Via Talk Markets
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