112.58 +0.34 (0.30%)
Pre-Market: 7:46AM EDT
|Bid||110.00 x 800|
|Ask||112.60 x 1100|
|Day's Range||110.13 - 112.96|
|52 Week Range||74.35 - 126.98|
|PE Ratio (TTM)||10.81|
|Earnings Date||Oct 25, 2018|
|Forward Dividend & Yield||3.20 (2.73%)|
|1y Target Est||133.82|
This could indicate that investors who seek to profit from falling equity prices are not currently targeting VLO. Over the last month, growth of ETFs holding VLO is favorable, with net inflows of $15.52 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing.
According to the U.S. Energy Information Administration, the U.S. has been pumping about 10 million barrels of crude oil every day. By the end of 2019, the U.S. is expected to pump 11.8 million barrels a day. Domestic oil production is soaring so quickly, pipelines in the U.S. and Canada can’t transport it fast enough.
So far in this series, we’ve reviewed Delek US Holdings’ (DK) stock performance and moving averages in the current quarter. We’ve also forecast Delek’s stock price range leading up to December 31 based on its current implied volatility. In the previous article, we looked at Delek’s dividend yield trend. In this article, we’ll analyze changes in the company’s short interest.
NEW YORK, NY / ACCESSWIRE / September 20, 2018 / Wall Street posted mixed results on Wednesday as tech shares weakened and trade tensions continued to rise. The Dow Jones Industrial Average gained 0.61 ...
In this article, we’ll look at Delek US Holdings’ (DK) dividend yield trend. Before that, though, let’s look at DK’s dividend payment in the third quarter.
In the previous article, we looked at Delek US Holdings’ (DK) moving average trend. Now let’s consider its implied volatility to forecast its stock price range leading up to December 31.
IRVING, Texas , Sept. 18, 2018 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) reported today that the Diamond Green Diesel ("DGD") facility in Norco, LA , which is a joint venture with ...
In this series, we reviewed the refining margin indicators for US refiners. Most of the refining margins implied weakness in the current quarter.
San Antonio will become one of only a handful of cities home to four such facilities, which provide temporary shelter for critically-ill children and their families.
In this part, we’ll evaluate Valero Energy’s (VLO) refining margin trend in the third quarter. We’ll review the refining crack indicators that Valero Energy published. These indicators point towards Valero Energy’s likely refining margin in the current quarter.
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.
Refining margins mainly impact refining earnings. Leading US refiners publish refining margin indicators periodically, which show how these margins could be trending. Analyzing these indicators could give us an indication of the company’s refining margin and earnings in its upcoming results.
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.
This master limited partnership offers a rock-solid income stream that it expects to grow at a steady pace for years to come.
In the previous part, we discussed Andeavor’s (ANDV) dividend yield, which fell due to a steep rise in its stock price. Now, let’s review the institutions that bought or sold Andeavor stock in the second quarter based on the latest filings.
In the previous part, we discussed Andeavor’s (ANDV) moving averages, which implied that ANDV stock isn’t close to being in the bearish zone. Now, we’ll consider its implied volatility to forecast its stock price range until October 1, the expected closing date for the acquisition process by Marathon Petroleum (MPC).
SAN ANTONIO, Sept. 13, 2018-- Valero Energy Corporation today announced that it will host a conference call on October 25, 2018, at 10:00 a.m. ET to discuss third quarter earnings results, which will be ...
Since its third quarter started on July 2, Andeavor (ANDV) stock has risen 16.0%, outperforming the SPDR S&P 500 ETF (SPY). SPY, the broader market indicator, has risen 6.0% in the same period.
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.
PDVSA expects to reopen the south dock of Venezuela's main oil port Jose by the end of September, easing strains on crude exports delayed due to a tanker collision last month, according to internal trade documents from the state-run oil firm seen by Reuters. Last week, PDVSA began diverting tankers to Puerto la Cruz for loading, but the South American country's crude exports have remained slow in recent weeks as few customers have accepted the 500,000-barrel-per-cargo maximum neighboring terminals can handle.
On September 10, 2018, Brent crude oil November futures settled ~$9.83 higher than WTI crude oil October futures, the highest level for the Brent-WTI spread since June 19, 2018. On August 31, 2018, the spread was ~$7.84.
HollyFrontier (HFC) is in the second to last position in terms of dividend yield on our list of seven refining stocks. HFC’s market cap of around $13 billion makes it the fifth largest stock among the seven stocks.