|Bid||55.740 x 1100|
|Ask||55.770 x 800|
|Day's Range||55.32 - 56.70|
|52 Week Range||42.42 - 83.28|
|Beta (3Y Monthly)||1.21|
|PE Ratio (TTM)||6.72|
|Earnings Date||Feb 19, 2019 - Feb 25, 2019|
|Forward Dividend & Yield||1.32 (2.31%)|
|1y Target Est||73.15|
Currently, Marathon Petroleum (MPC) trades at a forward PE ratio of 8.1x, above its peer average of 7.7x. Marathon Petroleum’s peers Valero Energy (VLO) and Phillips 66 (PSX) also trade above their peer average. Valero and Phillips 66 stocks trade at 8.3x and 9.0x their forward PE, respectively.
In this series, we have reviewed Marathon Petroleum’s (MPC) dividend yield, stock performance, moving average cross-over, and stock price forecast range. We also looked at Marathon Petroleum’s institutional holdings position. Now, we’ll look at Marathon Petroleum’s short interest trend.
In the previous part, we forecasted Marathon Petroleum’s (MPC) stock range. Now, let’s look at which institutions bought or sold the stock in the third quarter based on the latest filings.
Choosing the right financial tool to evaluate a company can be a daunting task, especially when different models are giving you drastically different conclusions. In the case of HollyFrontier Corporation's Read More...
In this part, we’ll look at Marathon Petroleum’s (MPC) moving averages trend in the current quarter. Before that, let’s see briefly how Marathon Petroleum’s moving averages have trended in 2018.
Since October 1, 2018, the beginning of the fourth quarter, Marathon Petroleum (MPC) stock has fallen 26%. The SPDR S&P 500 ETF (SPY), a broader equity market indicator, has declined 9% in the same period.
Marathon Petroleum Stock Has Fallen 26% in Q4: What's Next? Marathon Petroleum’s (MPC) dividend yield has risen due to a fall in its stock price. Before we review the stock’s yield trend, let’s look at the company’s dividend payment in the current quarter.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed over the past few years. However, hedge funds are generally partially hedged and […]
PBF Energy (PBF) stock has fallen 22.3% since November 7—the highest fall among the six US refiners that we’re discussing in this series. The broad market indicator, the SPDR S&P 500 ETF (SPY) has fallen 6.2% during the same period. PBF Energy’s ten-day moving average is 6.0% below its 30-day moving average.
HollyFrontier (HFC) stock has fallen 16.6% in the past month. The stock has fallen less than its peers like Valero Energy (VLO) and PBF Energy (PBF). In the past month, Valero Energy and PBF Energy stock have lost 17.9% and 22.3%, respectively.
Marathon Petroleum (MPC) stock has lost more than Delek US Holdings (DK) in the past month. In the previous part, we discussed that Delek US Holdings stock has fallen 4.1% in the past month.
In this series, we’ll evaluate the stock returns of six US refining firms in the past month. We’ll also discuss the refining stocks’ individual performances.
Just when a glimmer of hope started to shine, the market found a way of pulling the rug out from unsuspecting investors. Advanced Micro Devices (NASDAQ:AMD) set the pace, losing 8.6%, though Nvidia (NASDAQ:NVDA) wasn’t far behind with a loss of 6.8%. Marijuana stock Cronos Group (NASDAQ:CRON) jumped 21.7% on news that cigarette giant Altria Group (NYSE:MO) was acquiring a major stake in the Canadian company.
Where Is HollyFrontier’s Refining Margin Headed in Q4? In the first nine months of 2018, HollyFrontier (HFC) generated ~$1.130 billion in cash from operations. Its acquisition outflows were primarily related to its acquisition of Red Giant Oil.
Where Is HollyFrontier’s Refining Margin Headed in Q4? It reflects a company’s net debt level as a multiple of its earnings. HollyFrontier’s peers Marathon Petroleum (MPC), Valero Energy (VLO), and Phillips 66 (PSX) had total debt-to-capital ratios of 48%, 28%, and 31%, respectively, in the third quarter.
Where Is HollyFrontier’s Refining Margin Headed in Q4? HollyFrontier’s (HFC) Refining segment is crucial to its overall earnings. HollyFrontier’s Refining segment has undergone a series of modernization projects, positioning it to face future challenges easily.
Where Is HollyFrontier’s Refining Margin Headed in Q4? HollyFrontier (HFC) has an integrated Lubricants and Specialty Products segment, which produces and sells finished lubricants and specialty products to over 80 countries globally. HollyFrontier is also the fourth-largest base oil producer in North America.
In the previous article, we discussed HollyFrontier’s (HFC) fourth-quarter refining index trend. We saw that in the current quarter, regional index values point to a likely fall in the company’s refining margin.
Where Is HollyFrontier’s Refining Margin Headed in Q4? American downstream company HollyFrontier (HFC) earns most of its income from its Refining segment. HollyFrontier’s refining index values, the benchmark indicators in the regions in which the company operates, point toward the company’s likely refining margin trend.
Valero Energy (VLO) is trading at a forward PE multiple of 8.8x, higher than the peer average of 8.4x. Delek US Holdings (DK), HollyFrontier (HFC), and PBF Energy (PBF) are trading below the peer average with forward PEs of 6.7x, 8.3x, and 8.3x, 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.
Earlier, we examined the fall in Valero Energy’s (VLO) stock price followed by its moving average trend. In the previous article, we estimated Valero’s stock price forecast range based on its current implied volatility. Now let’s look at Valero’s dividend yield trend.
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 December 31.
Since October 1, the beginning of the fourth quarter, Valero Energy (VLO) stock has fallen 30%. The SPDR S&P 500 ETF (SPY), the broader market indicator, has fallen 6% in the same period.