|Bid||51.0000 x 800|
|Ask||51.0000 x 800|
|Day's Range||50.5000 - 51.5400|
|52 Week Range||20.7600 - 61.5700|
|PE Ratio (TTM)||11.95|
|Earnings Date||Nov 6, 2018 - Nov 12, 2018|
|Forward Dividend & Yield||1.00 (2.02%)|
|1y Target Est||63.25|
In the previous two parts, we discussed Marathon Petroleum’s (MPC) growth possibilities and refining earnings expectations. Marathon Petroleum is covered by 14 analysts. For Marathon Petroleum, 13 analysts (or 93%) assigned “buy” or “strong buy” ratings on the stock.
Have you been keeping an eye on Delek US Holdings Inc’s (NYSE:DK) upcoming dividend of US$0.25 per share payable on the 04 September 2018? Then you only have 2 daysRead More...
Earlier, we analyzed Valero Energy’s (VLO) third-quarter refining crack indicator trend. Now let’s look at the trends in VLO’s oil spread indicators.
Analysts’ ratings show that 12 out of the 18 analysts covering Valero Energy (VLO) have rated it as a “buy.” The remaining six have rated Valero as a “hold.” There are no “sell” ratings on VLO. In the past year, the number of “buy” ratings for Valero has risen.
BRENTWOOD, Tenn., Aug. 13, 2018-- Delek Logistics Partners, LP today announced that members of management will participate in the Citi One-on-One MLP/Midstream Infrastructure Conference in Las Vegas, Nevada ...
With 70% of Delek's (DK) refining capacity leveraged to lower Permian pricing, the company benefited from the favorable crude differentials, which averaged $15.03 per barrel in the quarter.
BRENTWOOD, Tenn., Aug. 08, 2018-- Delek Logistics Partners, LP today announced that members of management will participate in the Goldman Sachs Power, Utilities, MLPs and Pipeline Conference in New York, ...
Delek US Holdings (DK) delivered earnings and revenue surprises of -9.65% and 1.97%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Brentwood, Tennessee-based company said it had profit of 89 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.03 per share. The results ...
Positioned to benefit from significant current Midland-Cushing discount with 207,000 bpd of Permian Basin crude oil access Reported approximately $1.1 billion of cash at June 30, 2018 Captured $131 million ...
So far in this series, we’ve examined Andeavor’s (ANDV) refining margin performance in the second quarter and discussed its stock performance on its earnings release date of August 6.
Andeavor (ANDV) announced its second-quarter earnings results after the market closed on August 6. Let’s see how its stock performed on the day.
Phillips 66 (PSX) announced its second-quarter results on July 27. Phillips 66 closed at $118.8 per share, which was ~2.4% higher than its previous close. The increase could be due to Phillips 66’s second-quarter earnings, which beat the estimates. The uptrend continued on July 30. Overall, Phillips 66 stock has risen 5.3% since its earnings were announced.
In the previous part, we discussed analysts’ ratings for Phillips 66 (PSX). In this part, we’ll review the changes in the company’s implied volatility. We’ll also estimate Phillips 66’s stock price range for the seven-day period ending on August 6.
The API (American Petroleum Institute) released its US gasoline inventory data on July 31 after gasoline futures’ settlement on NYMEX. The API reported that US gasoline inventories fell by ~0.8 MMbbls (million barrels) on July 20–27.
NEW YORK, Aug. 01, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Innophos ...
Marathon Petroleum (MPC) announced its earnings results on July 26. The stock opened at $75.9 per share, above its previous day’s close of $74.7.
U.S. crude oil prices continue to break the $70 ceiling barrier on the back of increased geopolitical risk, trade war talks and Middle East standoffs, thus providing support for long-term investments in energy infrastructure as domestic crude oil and natural gas production continues to flow the markets. The largest boom in the U.S. oil sector will continue to be the growing export market for crude oil, refined products and liquified natural gas (LNG). Iran will continue to be in the geopolitical agenda at least until the end of the year, as U.S. trade partners asses their choice for Iran's crude supplies.
In the earlier part of this series, we studied analyst ratings for Valero Energy (VLO). In this part, we’ll look at changes in implied volatility in Valero. We’ll also estimate Valero’s stock price range for the eight-day period ending August 3, 2018.
In this series, we examined Valero Energy’s (VLO) refining margin performance in Q2 2018. We also discussed VLO’s stock performance after its earnings release on July 26. Now, we’ll look at analyst ratings for VLO.
Valero Energy (VLO) announced its results on July 26 before the market opened. Valero stock opened at $109.7 per share, above its previous day’s close of $109.3. This rise was likely because VLO’s Q2 2018 earnings rose and surpassed analysts’ estimate. The stock saw highs of $117.3 and lows of $109.3 during the day. Eventually, Valero stock closed at $116.8, around 6.9% higher than the previous day’s close, which is in line with the performance of peers on the day.
The EIA (U.S. Energy Information Administration) estimates that the US gasoline demand increased 1.4% to 9.8 MMbpd (million barrels per day) on July 13–20. The demand also increased 0.3% from a year ago.
Short interest (as a percentage of outstanding shares) in Andeavor (ANDV) has fallen from 3.5% on April 2, the beginning of Q2 2018, to the current level of 2.2%. This kind of fall usually means the bearish sentiment in the stock has declined. Also, in the same period, ANDV’s stock price rose 36.2%.
In this series, we’ve looked at Andeavor’s Q2 2018 estimates, refining margin outlook, stock performance, and moving averages before its earnings announcement expected on August 6. In the previous part, we forecast Andeavor stock’s price range for the 19-day period up its Q2 2018 earnings release. In this part, we’ll look at analyst ratings for Andeavor.