Valero Energy Partners (NYSE:VLP) had its target price increased by RBC Capital from $40.00 to $44.00. They currently have an outperform rating on the stock. Valero Energy Corporation (NYSE:VLO) stock opened at $53.07 in last session, and closed at $52.99, while the day range of stock is $52.25- $53.42. The stock showed a positive weekly performance of 10.44%.
Crosstex Energy Inc (NASDAQ:XTXI) stockholders overwhelmingly voted in favor of the proposal to adopt the merger agreement among Crosstex Energy Inc., Devon, and certain of Devon’s subsidiaries. Following closing, two publicly traded entities will exist: a general partner entity and the master limited partnership, which will operate under the legal names EnLink Midstream LLC and EnLink Midstream Partners LP, respectively (collectively, “EnLink Midstream”). Crosstex Energy Inc (NASDAQ:XTXI) stock opened at $ 39.56, in last session and closed at $37.60, by losing -4.57%. The 52 week range of the stock is $17.32 – $42.88. Company’s market capitalization is $1.80 billion.
Marathon Petroleum Corp. (NYSE:MPC) shares gained 3.8%. The refining company got a positive write-up for its upside potential from Seeking Alpha earlier this week. Marathon Petroleum Corp (NYSE:MPC) stock advanced 0.58% and finished the last session at $90.00. The EPS of the stock remained 6.62. Company’s market capitalization is $26.70 billion.
Tesoro Corp. (NYSE:TSO) and Savage Companies want to build a $110 million oil terminal at the port that would handle as much as 380,000 barrels of crude per day for eventual conversion into transportation fuel. They submitted their permit application Aug. 29. Tesoro Corporation (NYSE:TSO) stock opened the session at $53.85, and closed the session at $ 53.47. The 52 week range of the stock remained $40.90 – $65.75 and the day range was $52.72- $54.56.