Edition:
United States

Oil & Gas Refining and Marketing

Page 2

Alexandria Mineral Oils EGM approves change in stock par value

Sunday, 26 Feb 2017 02:57am EST

Alexandria Mineral Oils Co : EGM approves change in stock par value to EGP 1 per share from EGP 10 per share Source: (http://bit.ly/2lIrJHx) Further company coverage: [AMOC.CA] ((Bangalore.newsroom@thomsonreuters.com;)).

Shell says it and Pennzoil will continue to be supplier to Penske organization

Friday, 24 Feb 2017 11:00am EST

Shell:Shell and Pennzoil will continue to be preferred supplier of fuels, lubricants and related products to Penske organization.

Calumet Specialty Products Partners Q4 net loss $1.01/unit

Friday, 24 Feb 2017 06:00am EST

Calumet Specialty Products Partners Lp : Calumet specialty products partners, l.p. Reports fourth quarter and full year 2016 results . Qtrly diluted net loss per unit $1.01 . Qtrly sales $ 946.9 million versus $ 898.0 million . Calumet specialty products partners lp sees fy 2017 total capital spending for fiscal year 2017 is expected to range from $120 million and $140 million . Calumet specialty products partners lp - cost saving efforts will remove an additional $10 million to $20 million in annualized sg&a expenses . Calumet specialty products partners lp - on track to hit original $150 million to $200 million adjusted ebitda target by end of fiscal year 2018 .Calumet specialty products - fuel products segment results for 2016 negatively impacted by 31.4% y-o-y decline in benchmark gulf coast 2/1/1 crack spread.

Brightoil Petroleum reports HY profit for the period HK$412 mln

Friday, 24 Feb 2017 05:04am EST

Brightoil Petroleum Holdings Ltd <0933.HK> : HY revenue hk$31.26 billion versus hk$21.65 billion . HY profit for the period hk$412 million versus loss of hk$523 million . Board does not recommend the payment of an interim dividend for the six months ended 31 december 2016 . Looking ahead to second half year of fy2017 and near future, all upstream projects will achieve considerable increase in production . Looking ahead to second half year of fy2017, profits are expected to grow further due to oil price recovery and continued sales increase . "Group's six bunker barges are expected to operate with improved utilization and efficiency" . "Looking into second half year of fy2017, average TCE of our VLCC's is expected to rise" ."Our e-commerce platform is expected to face challenges when they enter market".

Oriental Energy's prelim 2016 net profit rises, sees Q1 profit up

Friday, 24 Feb 2017 03:30am EST

Oriental Energy <002221.SZ> : Says preliminary 2016 net profit up 14.5 percent y/y at 470.9 million yuan ($68.54 million) .Says it sees Q1 net profit to rise 200-250 percent y/y to 210.5-245.5 million yuan.

Alon USA Energy reports Q4 loss per share $0.25

Thursday, 23 Feb 2017 05:23pm EST

Alon USA Energy Inc : Alon USA Energy reports fourth quarter and full year 2016 results . Q4 loss per share $0.20 excluding items . Q4 loss per share $0.25 . Q4 earnings per share view $-0.33 -- Thomson Reuters I/B/E/S . Alon USA Energy Inc says fourth quarter retail results were negatively impacted by seasonal weakness and continued economic headwinds in permian basin . Expect total throughput at our renewable fuels facility to average 2,500 barrels per day for Q1 of 2017 . Expect total throughput at our renewable fuels facility to average 2,600 barrels per day for full year of 2017 . Alon USA Energy -combined total refinery average throughput for Q4 of 2016 was 146,725 bpd, compared to 116,995 bpd for Q4 of 2015 . Alon USA Energy Inc says special items increased net loss by $3.8 million for Q4 of 2016 .Qtrly net sales $1.01 billion versus $782.4 million.

Alon USA Energy reports Q4 loss per share $0.25

Thursday, 23 Feb 2017 05:23pm EST

Alon USA Energy Inc : Alon USA Energy reports fourth quarter and full year 2016 results . Q4 loss per share $0.20 excluding items . Q4 loss per share $0.25 . Q4 earnings per share view $-0.33 -- Thomson Reuters I/B/E/S . Alon USA Energy Inc says fourth quarter retail results were negatively impacted by seasonal weakness and continued economic headwinds in permian basin . Expect total throughput at our renewable fuels facility to average 2,500 barrels per day for Q1 of 2017 . Expect total throughput at our renewable fuels facility to average 2,600 barrels per day for full year of 2017 . Alon USA Energy -combined total refinery average throughput for Q4 of 2016 was 146,725 bpd, compared to 116,995 bpd for Q4 of 2015 . Alon USA Energy Inc says special items increased net loss by $3.8 million for Q4 of 2016 .Qtrly net sales $1.01 billion versus $782.4 million.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary