59.50 +0.42 (0.71%)
After hours: 6:28PM EDT
|Bid||59.08 x 500|
|Ask||59.70 x 1000|
|Day's Range||57.88 - 59.14|
|52 Week Range||23.46 - 59.14|
|PE Ratio (TTM)||13.07|
|Earnings Date||May 2, 2018|
|Forward Dividend & Yield||1.32 (2.37%)|
|1y Target Est||50.07|
Since January 2, the beginning of the first quarter, Marathon Petroleum (MPC) stock has risen 17%. Peers have also increased. Let’s look at what led to the rise in Marathon Petroleum stock.
Marathon Petroleum (MPC) is expected to post its 1Q18 results on May 1. Before we proceed with the 1Q18 estimates, let’s recap MPC’s 4Q17 performance versus estimates.
Dallas-based oil refiner HollyFrontier is at the forefront of U.S. energy stocks benefiting from the WTI and Brent crude oil spread.
The following five stocks are currently in the midst of very strong trends and, according to VantagePoint , are likely to continue in that direction for the time being. Apache Apache Corporation (NYSE: ...
In this series, we’ve examined estimates for Phillips 66’s (PSX) 1Q18 results, which are expected to be released on April 27, 2018. In this part, we’ll review changes in analyst ratings for Phillips 66.
In this part, we’ll forecast Phillips 66’s stock price based on its implied volatility for the 16 days leading up to its earnings release. Phillips 66 is expected to post its 1Q18 earnings on April 27, 2018. Phillips 66’s implied volatility has risen 7.0% since January 2, 2018, to 23.5%, and its stock has risen 0.8%.
In 2Q17, Phillips 66 (PSX) rose, likely due to its 1Q17 numbers. However, PSX’s 50-DMA (day moving average) stood below its 200-DMA. In 3Q17, at the end of August, the refining environment strengthened due to Hurricane Harvey, and Phillips 66’s 50-DMA crossed over its 200-DMA. A short-term moving average crossing above a long-term moving average is considered a bullish technical sign.
Before we proceed with Phillips 66’s (PSX) refining margin outlook for 1Q18, let’s look at PSX’s segment-wise earnings and refining margin in 4Q17. In 4Q17, Phillips 66’s total adjusted net income rose 431% YoY (year-over-year) to $605 million, and its refining earnings rose from -$95 million to $358 million due to wider refining margins and a higher utilization rate. The greatest contributor to Phillips 66’s overall adjusted net income was its refining segment, whose earnings contributed 59% of the company’s total adjusted income in 4Q17. ...
Phillips 66 (PSX) is anticipated to post its 1Q18 results on April 27, 2018. Before we proceed with its 1Q18 estimates, let’s review its 4Q17 performance.
Magellan Midstream Partners (MMP) expects its Refined Products segment’s operating income to rise 1.7% to $851 million in 2018 from $837 million in 2017. The segment generated nearly 60% of MMP’s operating income in 2017.
HollyFrontier Corp (NYSE: HFC ) notched an upgrade Friday from Morgan Stanley on projections of elevated inventories and the likelihood of higher demand due to the summer driving season. The Analyst Analyst ...
Valero Energy (VLO) stock stands last in our list of top seven refining stocks, just after Phillips 66 (PSX). The stocks in the middle order are PBF Energy (PBF) and Marathon Petroleum (MPC). The top three stocks are Delek US Holdings (DK), Andeavor (ANDV), and HollyFrontier (HFC).
Phillips 66 (PSX) stock stands sixth among the seven refining stocks in our survey. PSX, which marks the beginning of the bottom order, has the highest market cap among the peers considered in this series. The stocks in the top order are Delek US Holdings (DK), HollyFrontier (HFC), and Andeavor (ANDV). Let’s have a look at the performance of Phillips 66 stock.
Until now in this pre-earnings series, we’ve looked at Valero Energy’s (VLO) estimate for its 1Q18 earnings, refining margin outlook, stock price performance, moving average indicator, and price forecast for the pre-earnings period ending on April 26, 2018.
In this article, we’ll look at Valero Energy’s (VLO) stock price forecast range, which is based on its current implied volatility, for the 20-day period leading up to its earnings. Valero Energy is expected to post its 1Q18 earnings on April 26, 2018.
HollyFrontier (HFC) stock has provided second-highest returns among the seven stocks being compared in this series. The stock with the highest returns is Delek US Holdings (DK), which we discussed in the previous article. Let’s have a look at HFC’s stock performance.
In 2Q17, Valero (VLO) announced better-than-expected 1Q17 earnings, keeping its 50-day moving average above its 200-day moving average.
In this series, we’ll rank seven American refining firms based on their returns in the past month. Then we’ll delve into the individual performances of these refining companies.
Valero Energy (VLO) is expected to publish its 1Q18 results on April 26, 2018. Before we proceed with considering analysts’ 1Q18 estimates for VLO, let’s recap Valero’s 4Q17 performance compared to estimates.
HollyFrontier Corporation plans to announce results for its quarter ended March 31, 2018 on May 2, 2018, before the opening of trading on the NYSE. The Company has scheduled a webcast conference on May 2, 2018 at 8:30 a.m.