31.03.2017 12:25:00
|
Technical Roundup on Oil and Gas Stocks -- Marathon Petroleum, Valero Energy, HollyFrontier, and Western Refining
NEW YORK, March 31, 2017 /PRNewswire/ --
Companies in the Oil and Gas Refining and Marketing space are engaged in the operation of oil and gas refineries for the production of heating, lubricating and fuel oils, as well as gasoline, diesel, jet fuel, propane, kerosene and other liquefied petroleum gas products. Pre-market today, Stock-Callers.com evaluates these four stocks: Marathon Petroleum Corp. (NYSE: MPC), Valero Energy Corp. (NYSE: VLO), HollyFrontier Corp. (NYSE: HFC), and Western Refining Inc. (NYSE: WNR). Sign up today and download for free the research reports for the stocks covered today at:
http://stock-callers.com/registration
Marathon Petroleum
Findlay, Ohio headquartered Marathon Petroleum Corp.'s stock finished Thursday's session 0.81% lower at $50.14. A total volume of 5.89 million shares was traded, which was above their three months average volume of 5.14 million shares. The Company's shares have advanced 0.34% in the previous three months and 0.30% since the start of this year. The stock is trading 1.12% above its 50-day moving average and 14.02% above its 200-day moving average. Additionally, shares of Marathon Petroleum, which together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the US, have a Relative Strength Index (RSI) of 52.74.
On March 15th, 2017, Marathon Petroleum (MPC) and MPLX L.P. (MPLX) announced the retirement of Randy S. Nickerson, Executive Vice President, Corporate Strategy, MPC, and Executive Vice President and Chief Commercial Officer, MarkWest assets of the general partner of MPLX, effective April 01st, 2017. Following his retirement, Mr. Nickerson intends to serve in a consulting/advisory role to MPC and MPLX. MPC complete research report is just a click away at:
http://stock-callers.com/registration/?symbol=MPC
Valero Energy
On Thursday, shares in San Antonio, Texas headquartered Valero Energy Corp. recorded a trading volume of 7.51 million shares, which was higher than their three months average volume of 4.55 million shares. The stock ended the session 1.36% lower at $66.23. The Company's shares are trading 12.23% above their 200-day moving average. Moreover, shares of Valero Energy, which operates as an independent petroleum refining and ethanol producing company in the US, Canada, the UK, and Ireland, have an RSI of 46.66.
On March 22nd, 2017, Valero Energy announced that it will host a conference call on April 25th, 2017 at 10:00 a.m. ET to discuss Q1 2017 earnings results, which will be released earlier that day, and provide an update on company operations. The complimentary report on VLO can be downloaded at:
http://stock-callers.com/registration/?symbol=VLO
HollyFrontier
Dallas, Texas-based HollyFrontier Corp.'s shares closed the day 1.30% lower at $28.10. The stock recorded a trading volume of 4.26 million shares, which was higher than its three months average volume of 3.00 million shares. The Company's shares are trading 5.53% above their 200-day moving average. Additionally, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have an RSI of 51.88. Sign up for your complimentary report on HFC at:
http://stock-callers.com/registration/?symbol=HFC
Western Refining
Shares in El Paso, Texas headquartered Western Refining Inc. finished 2.59% lower at $34.95. The stock recorded a trading volume of 1.08 million shares. The Company's shares are trading above their 200-day moving average by 17.98%. Furthermore, shares of Western Refining, which operates as an independent crude oil refiner and marketer of refined products, have an RSI of 43.52.
On March 24th, 2017, Western Refining announced that its stockholders have approved the proposed acquisition of the Company by Tesoro Corporation. The proposal to approve the acquisition was supported by approximately 80% of Western Refining's outstanding shares entitled to vote. Completion of the acquisition remains subject to the satisfaction or waiver of customary closing conditions, and both parties continue to expect the transaction to close in Q1 of 2017.
On March 24th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Download the research report for free on WNR at:
http://stock-callers.com/registration/?symbol=WNR
Stock Callers:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://stock-callers.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Wenn Sie mehr über das Thema Aktien erfahren wollen, finden Sie in unserem Ratgeber viele interessante Artikel dazu!
Jetzt informieren!
Nachrichten zu Western Refining Inc.mehr Nachrichten
Keine Nachrichten verfügbar. |
Analysen zu Western Refining Inc.mehr Analysen
Aktien in diesem Artikel
Marathon Petroleum Corporation | 147,00 | 0,08% | |
Valero Energy Corp. | 129,88 | -0,82% |