|Bid||138.62 x 800|
|Ask||138.70 x 1200|
|Day's Range||136.84 - 139.25|
|52 Week Range||89.58 - 151.89|
|PE Ratio (TTM)||12.61|
|Earnings Date||Aug 6, 2018 - Aug 10, 2018|
|Forward Dividend & Yield||2.36 (1.74%)|
|1y Target Est||152.87|
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.
For the week ended June 15, crude oil (USO) prices have been on the rise. Crude oil prices increased from the previous week’s close of $65.74 per barrel on June 8 to $66.89 per barrel on June 14—an increase of ~1.8% so far. On May 22, crude oil prices made a 52-week high of $72.90 per barrel, but they have retreated from these higher levels since then.
THE WILDLY LONG fibers of shag rugs, in hues such as Day-Glo orange and electric blue, suited the loosey-goosey, experimental 1960s and ’70s. In the ’70s, “shag rugs had a kind of rec-room association,” noted designer Jonathan Adler, whose collections include elevated varieties that mix viscous fibers with wool to add shimmer and glamour.
In this article, we’ll look at the stocks with the biggest losses in the refining and marketing sector in the United States. We selected refining and marketing companies with market capitalization levels greater than $100.0 million and average trading volumes greater than 100,000 shares last week.
Andeavor (ANDV) occupies the last slot among the seven downstream dividend-yielding stocks in our survey. ANDV is an American downstream firm with refining, logistics, and marketing business segments. The company’s market cap of ~$22.0 billion ranks it fourth in the list of the seven companies being discussed in this series.
Andeavor (ANDV) expects to invest $100 million in the Mexican project, which is likely to enable the company reduce its import expenses.
DALLAS , June 8, 2018 /PRNewswire/ -- Alerian announced the results of the June quarterly review for the Alerian Index Series. All changes will be implemented as of the close of business on Friday, June ...
LONDON, UK / ACCESSWIRE / June 08, 2018 / If you want access to our free earnings report on Andeavor (NYSE: ANDV), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=ANDV. The Company reported its first quarter fiscal 2018 operating and financial results on May 07, 2018. Active-Investors.com is currently working on the research report for Ferrellgas Partners, L.P. (NYSE: FGP), which also belongs to the Basic Materials sector as the Company Andeavor.
On Wednesday, June 06, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Wednesday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following Oil & Gas Refining & Marketing equities this morning: Andeavor (NYSE: ANDV), CVR Energy Inc. (NYSE: CVI), CVR Refining LP (NYSE: CVRR), and Delek US Holdings Inc. (NYSE: DK).
SAN ANTONIO, TEXAS - June 6, 2018 - Andeavor (NYSE: ANDV) today announced plans to build a refined products terminal at the Rosarito storage facility of Comisión Federal de Electricidad (CFE), in the state ...
Iraq is OPEC’s second-largest crude oil producer after Saudi Arabia. According to the EIA, Iraq’s crude oil production decreased by 30,000 bpd (barrels per day) to 4,450,000 bpd in April—compared to the previous month. However, the production increased by 1.1% or 50,000 bpd year-over-year.
In the first quarter, Marathon Petroleum (MPC) recorded -$137 million in cash from operations. The company recorded cash outflows of $755 million in the form of an addition to plant, property, and equipment (or PPE), an acquisition, and $219 million in dividends. Marathon Petroleum’s cash outflows amounted to around $974 million in the first quarter if we consider the PPE additions, acquisition, and dividend payments.
Valero is presently trading at a forward PE ratio of 14.6x, above peers’ (VLO) average of 12.9x. However, peers Delek US Holdings’ (DK), PBF Energy’s (PBF), and CVR Refining’s (CVRR) forward PE ratios are below average, at 10.6x, 11.9x, and 8.9x, respectively.
In the previous part of this series, we looked at analysts’ opinion on Marathon Petroleum (MPC). Now let’s analyze MPC’s debt position.
Marathon Petroleum (MPC) has witnessed a decline in “buy” ratings this month compared to April. In May, 13 analysts rated MPC a “buy,” compared to 15 analysts in April. But this difference is due to the reduction in total analysts covering the stock. In April, 19 analysts covered MPC, of whom 15 (79%) rated the company a “buy.” In May, 16 analysts covered MPC, of which 13 (81%) rated MPC a “buy.”
According to the EIA, the global crude oil supply outage decreased by 288,000 bpd (barrels per day) to 1,531,000 bpd in April. Supply outages also fell by ~1,115,000 bpd or 42% from a year ago. Global crude oil supply outages were near a six-month low in April.
An expert on Mexican politics said a victory by populist presidential candidate Andres Manuel Lopez-Obrador would bring significant changes to Mexico's energy reforms.
Previously, we reviewed Valero Energy’s (VLO) dividend yield, which has plunged to 2.6%. In this part, we’ll look at which institutions bought or sold Valero in the first quarter based on its latest 13-F filings.
Since April 2, the start of the current quarter, Valero Energy (VLO) stock has risen by a whopping 30%, outperforming the SPDR S&P 500 ETF (SPY), which has risen 6%. Similarly, peer Marathon Petroleum (MPC) has risen 7%, and Andeavor (ANDV) and Phillips 66 (PSX) have risen sharply, by 40% and 22%, respectively.
According to the EIA, OPEC’s crude oil production dropped by 35,000 bpd (barrels per day) to 32.11 MMbpd (million barrels per day) in April—compared to the previous month. OPEC’s production was at a 12-month low. OPEC’s production declined due to lower production from Venezuela, Iraq, and Nigeria.