|Bid||51.940 x 800|
|Ask||51.930 x 900|
|Day's Range||51.745 - 52.780|
|52 Week Range||25.210 - 53.720|
|PE Ratio (TTM)||6.95|
|Earnings Date||Oct 31, 2018 - Nov 5, 2018|
|Forward Dividend & Yield||1.20 (2.29%)|
|1y Target Est||53.15|
Refining earnings are impacted by RIN (Renewable Identification Numbers) expenses. Refiners, being producers of petroleum products, have to blend renewable fuels at a rate that satisfies the EPA’s annual quota. If refiners aren’t able to do so, they have to purchase RINs, which results in a continuous compliance expense.
This article is intended for those of you who are at the beginning of your investing journey and want to begin learning about how to value company based on itsRead More...
In the previous article, we looked at institutional holdings in Andeavor (ANDV). In this part, we’ll examine the changes in short interest in the stock.
In this part, we’ll look at Andeavor’s (ANDV) moving averages trend in 2018. In the first quarter, ANDV stock fell in line with the markets, which slumped in February. ANDV’s 50 DMA broke below its 200 DMA at the end of the first quarter.
Andeavor (ANDV) trades at a forward PE (price-to-earnings) multiple of 13.0x, above the peer average of 11.4x. However, ANDV’s peers Delek US Holdings (DK) and HollyFrontier (HFC) trade below the peer average with forward PE ratios of 6.6x and 10.4x, respectively.
Andeavor (ANDV) is last on our list in terms of dividend yield among the seven downstream stocks we’re reviewing in this series. The company has the fourth largest market cap of around $24 billion. Andeavor has a current dividend yield of 1.5%. In Q3 2018, ANDV made a dividend payment of $0.59 per share, which was announced on August 6, 2018, and will be paid on September 14, 2018. ANDV has paid dividends regularly in the past three years. Also, in the period, despite refining margin volatility, dividends have risen. ANDV made a dividend payment of $0.50 per share on September 14, 2015.
In the previous part of this series, we analyzed the dividend yield of Phillips 66 (PSX), which is the second-highest dividend yielding stock. Now we’ll look at the dividend yield of PBF Energy (PBF). PBF occupies the third slot on the list of seven dividend-yielding refining stocks. PBF’s market cap of around $6 billion makes it the second-smallest stock.
Delek US Holdings (DK) occupies the fifth position in terms of dividend yield among the seven downstream dividend-yielding stocks we’re discussing in this series. DK has the lowest market cap of around $5 billion. DK has a current dividend yield of 1.9%. In Q3 2018, DK made a dividend payment of $0.25 per share, which was announced on August 7 and paid on September 4. DK has paid dividends for the past three years. Also, during the period, despite refining margin volatility, dividends have risen. DK made a dividend payment of $0.15 per share in September 2015. ...
In this series, we’ll rank seven refining stocks in terms of their dividend yields. We’ll also review their forward valuations.
In this part, we’ll discuss Marathon Petroleum’s (MPC) moving averages trend in the current quarter. First, we’ll discuss how Marathon Petroleum’s moving averages trended in previous quarters.
Valero Energy (VLO) is currently trading at a forward PE ratio of 13.1x, above the peer average of 12.1x. Valero’s peers Delek US Holdings (DK), HollyFrontier (HFC), and PBF Energy (PBF) are trading below the peer average with forward PEs of 7.4x, 11.7x, and 12.0x, respectively.
In the previous article, we looked at institutional holdings in Valero Energy (VLO). In this article, we’ll examine the changes in its short interest.
In the previous article, we looked at Valero Energy’s (VLO) moving average trend. Now, let’s consider its implied volatility to forecast its stock price range until September 28.
In the previous article, we learned that Valero Energy (VLO) stock has surged 10% in the current quarter. Now let’s look at VLO’s moving average trend in the current quarter. Before that, though, we’ll briefly review how VLO’s moving averages have trended in recent quarters.
Short interest in Phillips 66 (PSX) expressed as a percentage of outstanding shares has fallen from 1.6% on May 30, 2018, to the current level of 1.1%. Usually, everything else being equal, a decline in short interest could mean a decrease in bearish sentiment for a stock. However, in the same period, Phillips 66 stock price has fallen 0.7%.
Andeavor (ANDV) is currently being covered by 14 Wall Street analysts, 11 (or 79%) of whom have rated it as a “hold.” The remaining three analysts have rated the stock as a “buy.”
Earlier this week, money managers at top hedge funds around the country submitted 13F filings with the U.S. Securities and Exchange Commission (SEC). Klarman has increased his holdings by about 40% in each of the first two quarters of the year.
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.
If you are interested in cashing in on PBF Energy Inc’s (NYSE:PBF) upcoming dividend of US$0.30 per share, you only have 2 days left to buy the shares before itsRead More...