135.07 0.00 (0.00%)
After hours: 4:35PM EDT
|Bid||130.00 x 1000|
|Ask||140.00 x 800|
|Day's Range||133.80 - 135.68|
|52 Week Range||89.58 - 151.89|
|PE Ratio (TTM)||12.30|
|Earnings Date||Aug 6, 2018|
|Forward Dividend & Yield||2.36 (1.79%)|
|1y Target Est||153.85|
Experts weigh in on whether Mexican President-elect Andres Manuel Lopez-Obrador will be able to end gasoline imports halfway through his six-year term as the populist candidate pledged a few days ago.
SAN ANTONIO, TX - July 11, 2018 - Andeavor (NYSE: ANDV) plans to release its earnings for the second quarter 2018 after the market closes on Monday, August 6, 2018. About Andeavor Andeavor is a premier, ...
WallStEquities.com turns investors' attention to the Oil and Gas Refining and Marketing industry, which consists of companies that are engaged in the operation of oil and gas refineries for the production of heating, lubricating and fuel oils, as well as gasoline, diesel, jet fuel, propane, kerosene and other liquefied petroleum gas products.In today's lineup are the following stocks: Andeavor (NYSE: ANDV), CVR Energy Inc. (NYSE: CVI), Valero Energy Corp. (NYSE: VLO), and Delek US Holdings Inc. (NYSE: DK). On Tuesday, shares in San Antonio, Texas headquarteredAndeavor recorded a trading volume of 795,639 shares.
Institutional ownership in Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) stands above 70.0%. Institutional ownership is the highest in ANDV, standing at ~84.0%. The lowest institutional ownership is in PSX, standing at ~71.0%. Institutional ownership in MPC and VLO stands at ~83.0% and ~81.0%, respectively.
Short interest (the percentage of outstanding shares) in Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) have demonstrated a mixed trend since March 29. While the short interest in ANDV fell, it rose in MPC, VLO, and PSX during this period.
The EIA (U.S. Energy Information Administration) estimates that US crude oil exports decreased by 664,000 bpd (barrels per day) to 2,336,000 bpd on June 22–29. However, the exports increased by 1,568,000 bpd or 204.2% YoY (year-over-year).
In the previous part, we discussed the dividend yield trends of the four refining stocks in our survey. Now, we’ll look at the forward valuations of refiners Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX).
Marathon Petroleum (MPC), Andeavor (ANDV), Valero Energy (VLO), and Phillips 66 (PSX) have paid dividends regularly in the past few years. Before we look at their dividend yield trends, let’s look at their dividend payments in the second quarter.
Implied volatilities in refining stocks showed a mixed trend in the second quarter. Although the implied volatilities in Marathon Petroleum (MPC), Phillips 66 (PSX), and Andeavor (ANDV) fell, this metric rose for Valero Energy (VLO).
In the second quarter, Marathon Petroleum (MPC) fell 2.3%—the only stock to decline compared to Valero Energy (VLO), Andeavor (ANDV), and Phillips 66 (PSX). ANDV rose 30.5% in the second quarter, the highest among its peers. VLO and PSX rose 21.0% and 18.3%, respectively, in the second quarter.
FINDLAY, Ohio and SAN ANTONIO, July 3, 2018 /PRNewswire/ -- Marathon Petroleum Corp. (MPC) and Andeavor (ANDV) today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired in connection with the proposed transaction whereby MPC would acquire all of Andeavor's outstanding shares. The transaction is still expected to close in the second half of 2018, and remains subject to customary closing conditions, including approval by Andeavor shareholders of the proposed merger, approval by MPC shareholders of the new MPC shares to be issued in connection with the transaction, and the receipt of other required regulatory approvals.
In the previous part, we looked at analysts’ ratings for HollyFrontier (HFC). In this part, we’ll look at analysts ratings for Andeavor (ANDV).
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning the link between Andeavor (NYSE:ANDV)’s fundamentals and stockRead More...
NEW YORK, NY / ACCESSWIRE / June 22, 2018 / Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm headquartered at the Empire State Building in New York City, is investigating Andeavor ("Andeavor" or the "Company") (NYSE: ANDV) relating to the sale of the Company to Marathon Petroleum Corp. ("MPC"). The investigation focuses on whether Andeavor and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's stockholders by 1) failing to conduct a fair process, 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the upcoming shareholder meeting. Monteverde & Associates PC is a national class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.
The API (American Petroleum Institute) released its weekly US gasoline and distillate inventory data on June 19 after the market closed. The API reported that US gasoline inventories rose by ~2.1 MMbbls (million barrels) on June 8–15.
In the previous article, we reviewed Marathon Petroleum’s (MPC) dividend yield trend, which has plunged to 2.5%. Now, let’s look at which institutions bought or sold MPC in the first quarter based on the latest filings.
Refining yield shows quantity and quality of various refined products produced. Higher complexity refineries produce more lighter refined products such as gasoline. Andeavor’s (ANDV) refining operations yielded 54% gasoline and 36% combined diesel fuel and jet fuel in the first quarter.
Are Analysts Still Positive on Andeavor? In the previous two parts of this series, we looked at Andeavor’s (ANDV) refining margin in Q1 2018 and its refining index values in Q2 2018. The regional crack spreads where Andeavor’s (ANDV) refineries operate are indicators of its expected regional margin in the second quarter.
Since April 2, the beginning of the second quarter, Marathon Petroleum (MPC) stock has risen 2%, underperforming the SPDR S&P 500 ETF (SPY), which closely follows and tracks the S&P 500 Index. The ETF has risen 8% in the same period.
Are Analysts Still Positive on Andeavor? Andeavor’s refining index values, which are regional crack indicators in the areas where ANDV operates, point to the company’s likely margins. ANDV publishes these index values for three areas: California, the Pacific Northwest, and the Midcontinent.
Andeavor (ANDV) saw a rise in its gross refining margin of $1.40 per barrel year-over-year to $10.90 per barrel in the first quarter. Its operating costs fell $0.10 per barrel year-over-year to $5.60 per barrel in the first quarter. ANDV’s net refining margin increased by $1.50 per barrel year-over-year to $5.30 per barrel in the first quarter.
Are Analysts Still Positive on Andeavor? The company had cash outflows of $807 million in the form of capital expenditure and acquisitions and $92 million in the form of dividends. Its acquisition outflows were primarily related to the acquisition of Rangeland Energy II. Rangeland has a 67% stake in the RIO Pipeline System and midstream assets in the Delaware and Midland Basins, strengthening ANDV’s position in the area.
Are Analysts Still Positive on Andeavor? In the previous part, we looked at the decline in Wall Street analysts’ positive opinions on Andeavor (ANDV). Now let’s see where ANDV stands in terms of its financial position, beginning with debt.
Andeavor (ANDV), a leading US refining company, is in the process of being acquired by Marathon Petroleum (MPC). It was announced on April 30. Before the merger news, ANDV was rated by 20 Wall Street analysts. Sixteen of them (or 80%) rated the stock a “buy.” However, that has changed radically. Let’s see where analysts’ ratings stand.