Delek US Holdings Inc
What to Expect from Phillips 66 Stock after It Earnings
Phillips 66’s stock price could close between $87.7 per share and $83.5 per share in the ten-day period after its earnings. The period ends on August 11.
How Did Phillips 66 Stock Perform after Its 1Q18 Earnings?
On April 27, Phillips 66 opened at $110.8 per share—lower than the previous close of $112.5. Phillips 66 opened lower despite its 1Q18 earnings beat.
How Are Analysts Rating MPC after Its 3Q16 Earnings?
The analyst survey shows that nine out of the 12 companies surveyed rated Marathon Petroleum (MPC) as a “buy,” “overweight,” or “outperform.”
Behind Delek US Holdings’ Scant ‘Buy’ Ratings
Four (27%) of the 15 analysts covering DK have rated it a “buy” so far in August 2017.
US Gasoline Demand Could Hit a New Record
The EIA estimates that the four-week average US gasoline demand increased 2.4% to 9,701,000 bpd (barrels per day) on June 22–29.
Decoding US Natural Gas Consumption Trends
PointLogic estimates that US natural gas consumption rose ~2.1% to 57.8 Bcf (billion cubic feet) per day from May 31 to June 6.
Understanding Valero’s Stock Performance Prior to the 1Q17 Results
Since February 2017, downstream stocks have been hit by volatile crack conditions and changing inventory levels. VLO has also witnessed volatility in its stock price.
Valero Energy Stock Fell 10%: What’s the Story?
Valero Energy (VLO) stock fell 10.3% on Friday, October 19. That same day, Goldman Sachs downgraded the stock from a “neutral” to a “sell.”
How Short Interest Affects Integrated Energy and Refiner Stocks
On February 23, 2017, Alon USA Energy (ALJ) had the highest short interest-to-equity float ratio among our list of integrated energy and refiner stocks. Its ratio was 13.9%.
Energy Stocks: Last Week’s Top Gainers
Between August 18 and 25, 2017, CVR Energy (CVI) was the largest gainer among our list of energy stocks.
Phillips 66 Stock Is Down 20% in Q4: USGC WTI 3-2-1 Crack Plunges
Since the beginning of the fourth quarter, Phillips 66 (PSX) stock has fallen 20.3%.
Why These Integrated Energy and Refiner Stocks Could Spell Trouble
On April 3, 2017, PBF Energy (PBF) had the highest short-interest-to-equity float ratio among these integrated energy and refiner stocks.
Phillips 66 Stands Midway with 47% ‘Buy’ Ratings
Seven of the 15 analysts covering PSX rated it as a “buy” in June.
Why Is the Crack Spread Fueling Volatility in Refining Stocks?
As of October 6, 2016, Calumet Specialty Products Partners had the highest implied volatility among our list of integrated energy and refining companies.
What’s in Store for Phillips 66 Stock after 3Q Earnings?
Contrary to the trend in PSX, implied volatility in Delek US Holdings (DK) rose 0.1% since October 27 to the current level of 37.2%.
Delek Tops: Highest Implied Gain, Largest Growth, Lower Valuation
In this article, we’ll review the stock that’s expected to post the highest gain: Delek US Holdings (DK).
Analyst Ratings for Andeavor: Who Raised ANDV’s Target Price?
Fifteen of the 19 analysts covering Andeavor (ANDV) rated it as a “buy” in December 2017.
Carl Icahn’s Love for Occidental Petroleum Might Be Costly
Last week, Carl Icahn’s hedge fund filed its 13F for the first quarter of 2020. Occidental Petroleum was one of the hedge fund’s largest buys.
How MPC’s Refining Earnings Shaped Up in Q4
Marathon Petroleum (MPC) stock fell marginally in the fourth quarter of 2019. Will its earnings also fall in Q4? Read this analysis to find out.
Why Has Phillips 66 Stock Risen 11% in Q4?
Phillips 66 (PSX) stock has risen 10.5% in the current quarter. The stock has outperformed the equity market in the fourth quarter.
Why Major Shareholders Raise Stake in Phillips 66
Phillips 66 (PSX) stock has risen sharply in the current quarter. The stock has risen due to a robust refining environment driven by IMO 2020.
Refining Crack Spread Overview: All You Ever Wanted to Know
The crack spread is a major component that drives refiners’ valuation. In this article, we’ll look at the metric’s different aspects.
Valero Stock Up 10% in Q4: A Look at Its Valuation
Valero Energy (VLO) stock has risen by 10% this quarter, driven by refining cracks expanding. Other refining stocks have also risen.
Best Oil Refining Stocks: MPC, VLO, PSX, HFC, PBF, and DK
Oil refining and marketing stocks have been on investors’ radar. Valero Energy (VLO) and Phillips 66 (PSX) have risen 29.0% and 29.7%, respectively, YTD.
Why Valero’s Shareholder Returns Are Surging
Valero Energy stock has surged by 14.2% quarter-to-date. Strengthening refining cracks, recovering oil spreads, and rising equity markets have boosted VLO.
MPC: Elliott Ups Stake by 86% in Marathon Petroleum
In the third quarter, Elliott Management raised its stake in Marathon Petroleum by about 86%. Elliott has criticized MPC’s management on several occasions.
Valero Stock: What Can Investors Expect in Q4?
Valero Energy (VLO) stock has risen 18% sequentially. The stock has risen due to better-than-expected results and growing equity markets.
Delek, HollyFrontier, and PBF: Refining Stocks with Upside?
So far this month, Delek and HollyFrontier stocks have fallen 3.7% and 2.7%, respectively. In contrast, PBF stock has risen 2.3%.
MPC, VLO, and PSX: Who Surprised Wall Street in Q3?
Downstream firms Marathon Petroleum (MPC), Valero Energy (VLO), and Phillips 66 (PSX) had a mixed performance in the third quarter.
Phillips 66 Earnings Beat Estimate, Stock Rose 4%
Phillips 66’s (PSX) earnings surprised Wall Street. The company’s adjusted EPS was at $3.1, which crushed analysts’ EPS estimate of $2.6.
Valero’s Q3 Earnings Crush Wall Street’s Estimates
Valero Energy’s earnings and revenue surpassed analysts’ estimates in the third quarter. Its EPS of $1.48 topped analysts’ estimate by about 10%.
Will Valero’s Refining Earnings Fall in Q3?
Valero Energy’s (VLO) refining earnings are the biggest factor in the company’s total profits. With earnings due Thursday, here’s what to expect.
Valero or Marathon Petroleum: Which Is a Better Buy?
Valero (VLO) and Marathon Petroleum’s (MPC) stocks have fallen 2.9% and 0.7%, respectively, so far in Q3. Here, we review which refiner is a better buy.
Refining Stocks Tank, Dividend Yields Rise
Weaker equity markets have dragged down refining stocks this month, resulting in their dividend yields rising. Let’s see how they stack up.
HFC Stock Continues Climb Past 44% YoY Rise
HollyFrontier (HFC) stock rose 4.9% on August 1, its earnings release day, despite the fall in the oil prices, equity market, and peers.
Why MPC Stock Fell despite Earnings Beat
MPC stock performed in line with the equity market and its peers on Thursday. The SPDR S&P 500 ETF (SPY), which represents the S&P 500 Index, fell 0.9%.
HollyFrontier’s Earnings Rise Sharply, Beat Estimate
HollyFrontier (HFC) posted its second-quarter results on August 1. HollyFrontier’s earnings rose 50% YoY in the second quarter.
Marathon Petroleum’s Earnings Beat Estimates
Marathon Petroleum (MPC) posted its Q2 results on August 1. Marathon Petroleum’s earnings per share of $1.66 were down about 27% year-over-year.
Phillips 66 Stock Rose Due to Higher Q2 Earnings
On July 26, Phillips 66 (PSX) stock performed in line with its peers and the equity market. SPY, which represents the S&P 500 Index, rose 0.7%.
Why Is Delek Stock Falling?
Analysts expect Delek’s EPS to fall by 38% YoY and 45% quarter-over-quarter to $0.84 in the second quarter of 2019.
Will MPC Outperform Peers in Q2?
Marathon Petroleum (MPC) plans to post its second-quarter results on August 1.
EPD Expects to Complete $4.5 Billion of New Projects in 2019
Enterprise Products Partners (EPD) spent ~$4.2 billion on growth projects in 2018.
Will Phillips 66 Post Better Q2 Results Than Its Peers?
Phillips 66 is expected to post an EPS of $2.52 in the second quarter—10% lower than its adjusted EPS in the second quarter of 2018.
How Analysts Are Rating Refiners ahead of Their Q2 Results
Let’s rank six US refiners based on the number of “buy” ratings they’ve received from Wall Street analysts ahead of their second-quarter earnings results.
Refiners’ Dividend Yields Rise, Stocks Fall
Refining stocks’ valuations have fallen sharply due to the fall in their stock prices. For these stocks, the average forward PE ratio is at 5.4x.
Which Refining Stocks Could Post More Gains?
Refiners are expected to post lower earnings in 2019. The fall was led by the expectation of relatively lower cracks and spreads this year.
Analyzing the Brent-WTI, WTI-WCS, and Midland Spreads
The Brent-WTI spread has widened by $4.7 per barrel YoY to $9.0 per barrel in the first quarter—a favorable scenario for refiners.
How Has Phillips 66’s Dividend Yield Trended?
Phillips 66’s dividend payments have risen in the past few years. In the first quarter, the company will pay a dividend of $0.8 per share on March 1.
Energy Stocks: Top Outperformers Last Week
In the week ending February 22, Superior Energy Services (SPN) rose the most among the energy stocks under review in this series.
Phillips 66: Do Analysts Like the Stock?
Currently, Phillips 66 (PSX) is covered by 19 analysts. Analysts’ ratings for the stock have improved in the past year.
Surge in Refining Margins Drove Phillips 66’s Stellar Q4 Earnings
Phillips 66 (PSX) posted its Q4 2018 results on February 8.
Could Phillips 66’s Earnings Improve in the Fourth Quarter?
Phillips 66 (PSX) is set to post its fourth-quarter results on February 8.
Does Wall Street Expect Valero Energy’s Q4 Earnings to Fall?
Valero Energy (VLO) is expected to publish its fourth-quarter earnings results on January 31, 2019.
Marathon Petroleum’s Dividend Yield Has Risen in Q4
Marathon Petroleum’s (MPC) dividend yield has risen due to a fall in its stock price.
Why Analysts Are Feeling Positive about Marathon Petroleum
With its latest organic and inorganic growth activities, Marathon Petroleum is all set to witness growth in its earnings.
Phillips 66: Q3 EPS Beats Estimate, Refining Margins Surge
Phillips 66 (PSX) posted its third-quarter results on October 26. Its revenues rose 16% YoY to $30 billion, and adjusted EPS was $3.10.
Will HollyFrontier Beat Its Q3 2018 Earnings Estimate?
HollyFrontier (HFC) is expected to publish its third-quarter earnings results on October 31.
A Look at Short Interest in Phillips 66 before Q3 2018
Short interest in Phillips 66 (PSX) expressed as a percentage of outstanding shares has risen 0.02 percentage points since August 29.
Phillips 66 in Q3 2018: Will It Be a Great Show?
Phillips 66 (PSX) is expected to post its third quarter of 2018 results on October 26. Analysts are expecting EPS of $2.40.
Could Valero Energy’s Dividend Payment Rise in Q4 2018?
In the third quarter of 2018, Valero paid a dividend of $0.80 per share, which represents a 33% growth from Q3 2016.
Can Valero Energy Meet Wall Street’s Estimate in Q3 2018?
Valero Energy (VLO) is expected to report its Q3 2018 results on October 25. In Q2 2018, its revenue beat analysts’ estimate by 22%.
Comparing HollyFrontier’s Valuation with Peers’
HollyFrontier’s (HFC) forward PE ratio is 10.4x, below peers’ average of 11.2x. Marathon Petroleum’s (MPC), Andeavor’s (ANDV), and Phillips 66’s (PSX) forward PE ratios are higher than the average, at 12.8x, 13.8x, and 12.1x, respectively.
Marathon Petroleum Stock: Price Range until September 28
The implied volatility in Marathon Petroleum has fallen by eight percentage points since July 2 to the current level of 23%.
In Which Direction Are Valero’s Oil Spreads Moving?
Now let’s look at the trends in Valero Energy’s oil spread indicators.
Why Delek Stock Is Trading at Discount to Peers
Delek US Holdings (DK) is presently trading at a forward PE multiple of 8.2x, below peers’ average of 11.5x.
EIA Upgrades US Natural Gas Consumption Forecasts for 2018
Market intelligence company Pointlogic estimates that US natural gas consumption fell ~0.9% to 57.3 Bcf (billion cubic feet) per day from June 7 to June 13.
How High or Low Could HollyFrontier Stock Move?
HollyFrontier’s stock price could close between $91.4 per share and $62.9 per share for the 109-day period ending on September 28.
The Gap between VLO’s 50- and 200-Day Moving Averages Grows
In the past year, VLO’s 50-DMA (day moving average) has been higher than its 200-DMA.
Are Analysts Turning Positive on Valero?
Eleven of the 21 analysts covering Valero Energy (VLO) have rated it a “buy.”
US Crude Oil Exports Reached a New Record Again
The EIA estimates that US crude oil exports increased by 689,000 bpd (barrels per day) to a record high of 2,566,000 bpd on May 4–11.
What’s MPC’s Stock Price Forecast for Next 8 Days?
Marathon Petroleum stock could close between $78.3 and $71.5 per share in the eight-day period ending on May 8.
Phillips 66 Stock: Expected Trend after Its 1Q18 Earnings
Phillips 66 reported its earnings on April 27. After Phillips 66’s 1Q18 earnings, the implied volatility fell 4.7% to the current level of 19.2%.
Marathon Petroleum to Acquire Andeavor: ANDV Opens 10% Higher
Marathon Petroleum (MPC) and Andeavor (ANDV) have entered an agreement to merge. Today, ANDV opened with a bang!
How Phillips 66 Stock Could Trend pre-1Q18 Earnings Release
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.
Delek US Holdings: 7th for High Valuation, Low Dividend Yield
Delek US Holdings (DK) is seventh on our list of seven downstream dividend-yielding stocks that we’re covering in this series.
A Ranking of 7 Refining Stocks’ Dividend Yields
In this series, we’ll rank refining stocks by their dividend yields and see if the dividends have risen, fallen, or remained steady.
Why Has Short Interest in Phillips 66 Fallen?
Short interest in Phillips 66 (PSX) expressed as a percentage of outstanding shares has fallen from 1.5% on February 14, 2018, to the current level of 1.1%.
Is MPC Trading at a Premium Compared to Its Peers?
Currently, MPC is trading at a forward PE (price-to-earnings) multiple of 12.5x, higher than its peer average of 11.9x.
Has Short Interest in MPC Risen in 1Q18?
Marathon Petroleum (as seen a rise in its short interest (as a percentage of outstanding shares) from 1.5% on January 2, 2018, to the current level of 1.7%.
Why Short Interest in Valero Has Risen in 1Q18
Valero Energy (VLO) has seen a rise in its short interest from 3.4% on January 2, 2018, to its current level of 3.7%.
Looking at Valero’s Potential Stock Trends until March 30
Implied volatility in Valero Energy (VLO) has risen 1.8% from January 2, 2018, to the current level of 23.5%.
What Does Valero’s Moving Average Suggest?
In 1Q18, VLO’s 50-day moving average remained above its 200-day moving average.
What’s Valero Stock’s Price Forecast?
Valero stock could close between $98.1 and $91.3 per share in the eight-day post-earnings period.
How Valero Stock Performed on the Day of Its Earnings Release
Valero Energy (VLO) announced its results on February 1, 2018, before the market opened. Valero stock opened at $96.42 per share, above its previous day’s close of $95.97.
What Andeavor’s PEG Ratio Indicates
Andeavor’s PEG ratio stands at 0.41, above the peer average of 0.36.
Analyzing Wall Street Targets for DK, ANDV, and CVE
As of November 23, 2017, four of the 14 analysts covering Delek US Holdings (DK) stock gave it a “strong buy” recommendation, and five gave it a “buy.”
Refining and Marketing Gainers Last Week: Delek US Holdings Leads
In the week starting November 20, 2017, Delek US Holdings (DK) was leading the list of gainers in the refining and marketing group.
Valero’s Stock Performance in 4Q17: Has It Outperformed SPY?
Valero’s stock performance Since October 2, 2017, the start of 4Q17, Valero Energy (VLO) stock has risen 5.6%, outperforming the SPDR S&P 500 ETF (SPY), the overall market indicator. The ETF has risen 2.1% in the same period. VLO peer Delek US Holdings (DK) has risen 4.5% since October 2, and HollyFrontier (HFC) and PBF […]
Analysts’ Views on Valero
Analysts’ ratings for Valero Previously, we looked at analysts’ expectations for Valero Energy’s (VLO) dividend payment next quarter. In this part, we’ll look at analysts’ ratings for Valero. As shown in the chart above, nine (or 43%) of the 21 analysts covering VLO have rated it a “buy.” The remaining 12 analysts have rated Valero a “hold,” and […]
What Andeavor’s Price–to–Earnings Growth Ratio Tells You
The PEG ratio is a price-to-earnings to growth ratio. The ratio intends to examine a stock’s valuation after factoring in its expected future growth rate.
Wall Street Analyst Ratings for Andeavor in 3Q17
The analyst rating graph below shows that 14 (or 82%) of the 17 analysts covering Andeavor (ANDV) have rated it a “buy” in October 2017.
How Valero’s Moving Averages Have Trended in 1H17
Valero’s moving averages in 1H17 In 1Q17, Valero stock declined, which was likely due to its dismal 4Q16 earnings. Plus, gasoline and distillate inventories rose in the industry, which further pressured the stock. Despite the fall in its stock price, VLO’s 50-day moving average stood above its 200-day moving average. Valero’s 50-day moving average had […]
Why Has Short Interest in Phillips 66 Fallen?
Short interest in Phillips 66 (PSX), expressed as a percentage of outstanding shares, has fallen from 1.9% at the end of May to the current level of 1.6%.
Did Phillips 66 Stock Rise after Its 2Q17 Earnings Release?
On August 1, Phillips 66 stock saw highs of $85.8 and lows of $84.0. Eventually, it closed at $85.6, which was ~2.2% higher than the previous day’s close.
What’s Expected from Marathon Petroleum Stock?
Marathon Petroleum reported its earnings on July 27, 2017. Marathon Petroleum’s implied volatility fell 3.2% to 22.0%—compared to the previous day.
Marathon Petroleum Stock after Its 2Q17 Earnings
Marathon Petroleum (MPC) released its results on July 27, 2017. Its stock opened at $54.3 per share—below the previous day’s close of $55.7.
Mapping Valero’s Stock Direction after the 2Q17 Earnings
Valero Energy (VLO) reported earnings on July 27, 2017, and the implied volatility in VLO stock fell 2.7% from the previous day’s 21.7%.
The Analysts on Valero: Why the Fall in ‘Buy’ Ratings?
Exactly 11 (50%) of the 22 analysts covering Valero Energy (VLO) have rated the stock a “buy,” while another 11 analysts have rated the stock as a “hold.”
Phillips 66’s Beta: Does It Imply the Company Is Less Volatile?
Phillips 66’s 90-day daily beta stands at 1.1, which is below its peer average of 1.5.
How Does MPC Stock Correlate with WTI?
Marathon Petroleum’s correlation with WTI stands at 0.34. This value shows that the two have a positive but relatively weak correlation.