Technical Trade Alerts on Oil & Gas Refining and Marketing Stocks: MRO, IMO, HES, VLO, SSL, TSO

Falling with the broader market, several oil and gas refining and marketing stocks attempted to hit positive territory with the release of notable news.

DALLAS, Texas – Beacon Equity Research announces the release of Trade Alerts covering oil and gas refining companies: Marathon Oil Corp. (NYSE: MRO), Imperial Oil Ltd. (AMEX: IMO), Hess Corp. (NYSE: HES), Valero Energy Corp. (NYSE: VLO), Sasol Ltd. (NYSE: SSL) and Tesoro Corp. (NYSE: TSO.

In the Trade Alert, the author highlights the release date for MRO’s fourth-quarter financials :

“Marathon Oil Corporation (MRO) shares slipped .64% to $28.03 Friday morning. Marathon Oil, through its subsidiaries, engages in the exploration, refining, marketing, and transportation of liquid hydrocarbons, natural gas and other petroleum products worldwide. … The company recently announced it will report its fourth quarter 2008 financial results February 3, 2009. It will also conduct a conference call and Webcast at 2 p.m. EST on the same day. The conference call will be hosted by Howard J. Thill, Marathon vice president, Investor Relations and Public Affairs.”

The Trade Alert author also featured IMO’s recent amended agreement with the Government of Alberta:

“Imperial Oil Limited (IMO) shares fell 1.77% to $16.66 Friday mid-morning. Imperial Oil, an integrated oil company, principally engages in the exploration, production and sale of crude oil and natural gas in Canada. … Imperial Oil, along with the other Syncrude Joint Venture owners, has signed agreements with the Government of Alberta to amend the existing Syncrude Crown agreement. … With respect to restricted stock units granted in 2002, in 2003, in 2004 and 2005, in 2006 and 2007, and in 2008 and future years, the company's board recently amended the restricted stock unit plan November 20, 2008 to provide that the board will no longer have the general discretion to cancel restricted stock units awarded to a non-employee director subsequent to leaving the company's board.”

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Beacon Equity Research

Jeff Bishop, (469)-252-3505

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