42.85 0.00 (0.00%)
After hours: 4:21PM EDT
|Bid||0.00 x 1800|
|Ask||47.93 x 1300|
|Day's Range||42.34 - 43.07|
|52 Week Range||19.46 - 50.99|
|PE Ratio (TTM)||10.16|
|Earnings Date||Aug 2, 2018|
|Forward Dividend & Yield||1.20 (2.76%)|
|1y Target Est||51.54|
The EIA (U.S. Energy Information Administration) released its gasoline inventory data yesterday, reporting that US gasoline inventories fell by 3.2 MMbbls (million barrels) to 235.8 MMbbls last week but rose by 4.6 MMbbls (2%) YoY (year-over-year). Reuters had earlier estimated that US gasoline inventories would drop by ~44,000 barrels during the week. US gasoline futures rose 0.9% to $2.04 per gallon yesterday due to gasoline inventories falling more than expected. The drop also supported oil prices, with WTI crude oil futures rising 1%.
Short interest in Phillips 66 (PSX), expressed as a percentage of shares outstanding, has fallen by 0.4 percentage points since May 15 to 1.2%. Normally, everything else being equal, a drop in short interest could indicate a decrease in bearish sentiment for a stock. In the same period, Phillips 66 stock price fell 6.1%.
In this part of our series, we’ll look at Phillips 66’s forecast stock price range, based on its implied volatility, for a 15-day period ahead of its earnings release. Phillips 66 is expected to post its Q2 2018 earnings on July 27.
Stock Research Monitor: PSX, REGI, and UGP LONDON, UK / ACCESSWIRE / July 13, 2018 / If you want a free Stock Review on PBF sign up now at www.wallstequities.com/registration . On Thursday, July 12, 2018, ...
Short interest as a percentage of outstanding shares in Valero Energy (VLO) has fallen 0.3% since mid-May to its current level of 2.5%. Over the same period, Valero stock has fallen 7.2%. Positive sentiments for Valero have increased since the middle of the quarter following the better-than-expected first-quarter earnings announced by the company at the end of April.
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 21-day period leading up to its earnings release.
The EIA (U.S. Energy Information Administration) estimates that the four-week average US gasoline demand increased 2.4% to 9,701,000 bpd (barrels per day) on June 22–29. The demand also increased by 119,000 bpd or 1.2% YoY (year-over-year).
The EIA (U.S. Energy Information Administration) estimates that US crude oil exports decreased by 664,000 bpd (barrels per day) to 2,336,000 bpd on June 22–29. However, the exports increased by 1,568,000 bpd or 204.2% YoY (year-over-year).
Previously, we looked at Delek US Holdings’ (DK) moving averages. In this part, we’ll forecast its stock price up until September 28 based on its implied volatility.
MRC Global (MRC) is poised to benefit from higher downstream, midstream and upstream sales, ongoing business contracts as well as better margins.
It's been a cruel summer for many refiners, but that doesn't mean investors have to abandon the sector. How should investors position themselves in this environment? Phillips 66 (PSX) is on the firm's Conviction Buy List, and Mehta likes its free-cash-flow generation and focus on capital returns.
The API (American Petroleum Institute) released its weekly US gasoline inventory data on July 3 after the gasoline futures settlement for that day on NYMEX. The API reported that US gasoline inventories fell by ~3.1 MMbbls (million barrels) on June 22–29.
As no US refining and marketing stocks have risen this week, we’ll look at the stocks that have fallen the most in the sector. We’ll focus on companies with a market capitalization greater than $100 million and an average trading volume over 100,000 shares last week.
The graph below shows that four (or 27.0%) of the 15 analysts covering PBF Energy (PBF) rated it as a “buy” in June. Another seven analysts (or 47.0%) rated PBF as a “hold.” The remaining four (or 27.0%) analysts rated PBF as a “sell.”
In the previous article, we looked at Phillips 66’s (PSX) moving average trend. Now let’s consider its implied volatility to forecast its stock price range leading up to September 28.
The EIA (U.S. Energy Information Administration) estimates that US crude oil exports increased by 626,000 bpd (barrels per day) to a record high of 3,000,000 bpd on June 15–22. The exports also increased by 2,472,000 bpd or 468.2% from a year ago.
The API (American Petroleum Institute) released its weekly US gasoline and distillate inventory data on June 26 after the gasoline futures settlement for that day in the NYMEX (New York Mercantile Exchange). It reported that US gasoline inventories rose ~1.2 MMbbls (million barrels) from June 15–22.
Active WTI crude oil futures were trading above their 200-day, 100-day, and 20-day moving averages of $60.9 per barrel, $65.5 per barrel, and $66.31 per barrel, respectively, on June 25. These levels could be key support levels for WTI crude oil prices.
Delek US Holdings (DK) occupies the top slot among the seven American refiners in our survey. In this series, we have rated refiners based on the “buy” ratings received by Wall Street analysts.
I’ve been keeping an eye on PBF Energy Inc (NYSE:PBF) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believeRead More...
NEW YORK, June 26, 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 PBF ...
PARSIPPANY, N.J. , June 25, 2018 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) announced today that it will release its earnings results for the second quarter 2018 on Thursday, August 2, 2018 . The company ...
Between June 15 and June 22, downstream stock PBF Energy (PBF) fell the most on our list of energy stocks. The VanEck Vectors Oil Refiners ETF (CRAK) fell 1.8%, the only decline among the major energy subsector ETFs that we looked at in Part 2 of this series.
In this part of our series, we’ll take a look at how hedge funds are positioning themselves in the leading gainers and decliners from the refining and marketing sector and integrated energy sector this week.