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Alon USA Energy Inc

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  • HOUSTON, May 22- Hundreds of barrels of oil that gushed from a ruptured coastal pipeline in scenic California this week could stiffen opposition to large oil projects that companies want to build in the state, notably those to deliver cheap U.S. crude on trains. A leak of 100,000 barrels of crude off Santa Barbara in 1969 led to bans on new leases for offshore...

  • Delek said it would buy 33.7 million Alon USA shares, valuing each share at $16.985, which is a premium of more than 8 percent to the stock's Tuesday close. Alon USA's shares were up 5 percent at $16.50 in trading after the bell on Tuesday, while Delek's shares rose 3.2 percent to $39.10. For a year after that, Delek can acquire up to 49.99 percent of Alon USA at its...

  • Delek said on Tuesday it would buy 33.7 million Alon USA shares and that the deal value was based on Delek's closing price of $37.90 on Tuesday. Delek said it would pay $200 million in cash, 6 million in stock and issue Alon Israel an unsecured $145 million promissory note maturing in January 2021. Delek has refineries in Tyler, Texas and El Dorado, Arkansas while...

  • UPDATE 1-Refiner Delek in talks to buy Alon Israel Tuesday, 31 Mar 2015 | 11:42 AM ET

    Alon USA's refineries in Texas, California and Louisiana have an aggregate crude oil throughput capacity of about 217,000 barrels per day. Financial terms were not mentioned by either Alon USA of Delek in their regulatory filings disclosing the merger talks. As of Monday's close, Alon USA had a market capitalization of $1.11 billion and Delek was valued at...

  • Refiner Delek in talks to buy Alon Israel Tuesday, 31 Mar 2015 | 10:59 AM ET

    March 31- Refiner Delek US Holdings Inc said it is in talks to buy some or all of Alon Israel Oil Co Ltd, the parent company of Alon USA Energy Inc.. Until recently, Alon Israel- one of Israel's largest fuel station and convenience store operators- owned more than 50 percent of Alon USA's stock. Alon USA's shares were up 5 percent at $16.76 in morning trading on the New...

  • NEW YORK, Jan 29- Americans are more likely than ever to favor easing a ban on exporting crude oil, so long as it does not lead to higher gasoline prices that have recently sunk to near $2 a gallon, according to a new Reuters-IPSOS poll. U.S. retail gasoline prices have halved to near $2 a gallon, probably easing immediate anxiety over pump prices; a growing number of...

  • About one year after the Secretary of Energy Ernest Moniz first raised the four-decade-old ban as an item for discussion, the Department of Commerce on Dec. 30 took steps toward allowing export of the oil. Congress passed the export ban after the 1970 s Arab oil embargo led to snaking lines at gas stations and fears of a global energy shortage.

  • Estimates too low for these 3 stocks: Cramer Thursday, 13 Mar 2014 | 6:25 PM ET

    There’s something going on in the energy sector, and Jim Cramer doesn’t think the Street fully understands the impact.

  • Lightning Round: LinkedIn, Dr Pepper & More Monday, 6 Jan 2014 | 6:33 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Alon USA Energy, TransDigm Group Thursday, 14 Mar 2013 | 6:42 PM ET

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lightning Round: Cheniere Energy, Sarepta & More Tuesday, 29 Jan 2013 | 6:38 PM ET
    Lightning Round: Markwest Energy, Bank of America & More

    It’s time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Shares of refiners fall on Chevron's 3Q outlook Wednesday, 10 Oct 2012 | 3:10 PM ET

    NEW YORK-- Shares of several oil refining companies fell Wednesday after Chevron Corp. said its third-quarter results will be substantially lower than its second-quarter earnings.

  • Cramer makes the call on viewers' favorite stocks.

  • Reporter's Notebook: Tracking the 2011 Flood Monday, 16 May 2011 | 7:35 AM ET
    Floodwater covers Beale Street at the edge of the Mississippi River May 7, 2011 in Memphis, Tennessee. Heavy rains have left the ground saturated, rivers swollen, and have caused widespread flooding in Missouri, Illinois, Kentucky, Tennessee, and Arkansas.

    Having spent the last few days reporting from locations all over the lower part of Louisiana, it's clear that the "all clear" has yet to be given.

  • Sense on the Dollar: The Dollar and Oil Wednesday, 21 Oct 2009 | 6:41 AM ET

    While most oil comes from outside the U.S., it is traded almost exclusively in U.S. dollars. That means investors who are worried about the value of the dollar can easily convert their dollars to oil.

  • Barclays Adjusts Its Oil Stock Price Targets Tuesday, 7 Jul 2009 | 11:31 AM ET

    As the price of oil hovered above $64 a barrel Tuesday, Barclays made sweeping changes to its price targets and ratings for some of the biggest players in the crude industry.

  • Lightning Round: Coke, Mastercard, CBS and More Thursday, 31 Jul 2008 | 7:19 PM ET

    Cramer makes the call on viewers' favorite stocks.

  • No Longer Over A Barrel Tuesday, 8 Jul 2008 | 6:10 PM ET

    As oil plunges from its highs is it safe to buy "crude casualties" such as airlines, autos and retailers?

  • Nearly 1.8 billion shares and $26 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...

  • Nearly 1.5 billion shares and $23 billion traded Thursday in CNBC's Million Dollar Portfolio Challenge.  Here are the bets being made today...