Neil Mehta

Western Refining, Inc. (NYSE: WNR) offered to purchase Northern Tier Energy LP (NYSE: NTI) in October 2015, and the companies are still in the process of finalizing the merger. Goldman's Take Goldman Sachs' Neil Mehta reinstated Western Refining at Neutral with a 6-month price target of $22.00...

Barclays’ Neil Mehta believes Tesoro Corporation (NYSE: TSO) is attractively valued at present, with potential for 39 percent upside over the next six months. Mehta upgraded the rating on the company from Neutral to Buy, while raising the price target from $96 to $100. Constructive Outlook...

Oil refiner stocks were the stars of the energy sector in 2015, but they have been absolutely crushed so far in 2016. While the Energy Select Sector SPDR (ETF) (NYSE: XLE) is up 11.3 percent this year, refiner stocks are averaging a more than 40 percent decline. Goldman Sachs analyst Neil Mehta...

Given that PBF Energy Inc (NYSE: PBF) does not have a retail or wholesale segment, Goldman Sachs’ Neil Mehta expects the company to be “disproportionately negatively impacted” by expectations of higher RINs prices. Mehta downgraded the rating on the company from Buy to Neutral,...

This week is a big week for oil majors and refiners. The majority of the names under Goldman Sachs' coverage report Q1 earnings this week. Analyst Neil Mehta has been using three themes when picking stocks in the space: 1. Coastal refiners over mid-continent refiners 2. Canadian names with...

The huge amount of media coverage that the unveiling of the Tesla Motors Inc (NASDAQ: TSLA) Model 3 received has some traders wondering how much of a threat the new wave of electric vehicles pose to U.S. gasoline demand. According to Goldman Sachs analyst Neil Mehta, despite the increasing...

Goldman Sachs downgraded HollyFrontier Corp (NYSE: HFC) to Sell from Neutral on crude spreads, valuation and consensus EPS risk. Goldman sees more upside to Buy-rated names: Valero Energy Corporation (NYSE: VLO), Marathon Petroleum Corp (NYSE: MPC) and PBF Energy Inc (NYSE: PBF). The brokerage...

Refinery stocks have outperformed the energy sector and the S&P 500 by a wide margin this year. Goldman Sachs analyst, Neil Mehta, believes elevated share prices now make stock picking critical when it comes to refiners. Goldman still sees positive catalysts ahead for top refiner stocks in...

In a report published Friday, Goldman Sachs analyst Neil Mehta maintained a Sell rating on Chevron Corporation (NYSE: CVX), while lowering the price target from $99 to $97. The estimates have also been lowered following the company's production announcements through the past month. "Chevron's 2015...