Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Oil & Gas Stocks Under Review -- Marathon Petroleum, Valero Energy, HollyFrontier, and Phillips 66

MPC, VLO, P.LYV

PR Newswire

NEW YORK, May 11, 2017 /PRNewswire/ --

Today, Stock-Callers.com revisits the Oil and Gas Refining and Marketing space, which consists of companies 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. Equities under review this morning are: Marathon Petroleum Corp. (NYSE: MPC), Valero Energy Corp. (NYSE: VLO), HollyFrontier Corp. (NYSE: HFC), and Phillips 66 (NYSE: PSX). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Marathon Petroleum  

On Wednesday, shares in Findlay, Ohio headquartered Marathon Petroleum Corp. recorded a trading volume of 5.97 million shares, which was higher than their three months average volume of 4.33 million shares. The stock ended the day at $52.34, up 1.71% from the last trading session. The Company's shares have advanced 4.39% in the past month, 7.32% in the previous three months, and 4.70% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 4.41% and 13.67%, respectively. Furthermore, 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 60.93.

On April 26 th, 2017, Marathon Petroleum announced that its board of directors declared a dividend of $0.36 per share on its common stock. The dividend is payable on June 12 th, 2017 to shareholders of record as of the close of business on May 17 th, 2017. Sign up and read the free research report on MPC at:

http://stock-callers.com/registration/?symbol=MPC

Valero Energy  

San Antonio, Texas headquartered Valero Energy Corp.'s stock climbed 0.08%, finishing yesterday's session at $66.68 with a total trading volume of 3.41 million shares. The Company's shares have gained 2.04% in the last month and 0.45% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.88% and 8.83%, respectively. Additionally, 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 57.00.

On April 26 th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $77 a share to $78 a share.

On May 03 rd, 2017, Valero Energy's Board of Directors has declared a regular quarterly cash dividend on its common stock of $0.70 per share. The dividend is payable on June 07 th, 2017, to holders of record at the close of business on May 17 th, 2017. The complimentary research report on VLO can be downloaded at:

http://stock-callers.com/registration/?symbol=VLO

HollyFrontier  

Shares in Dallas, Texas-based HollyFrontier Corp. ended the session 1.58% higher at $28.23. The stock recorded a trading volume of 2.79 million shares. The Company's shares have gained 3.48% in the last one month. The stock is trading 2.01% above its 50-day moving average and 3.62% above its 200-day moving average. Moreover, shares of HollyFrontier, which operates as an independent petroleum refiner in the US, have an RSI of 54.48.

On May 03 rd, 2017, HollyFrontier reported a net loss of $(45.5) million, or $(0.26) per diluted share, for the three months ended March 31st, 2017. Net cash used for operations during Q1 2017 totaled $39.4 million; cash and cash equivalents totaled $129.5 million; and consolidated debt was $2,231.5 million. In addition, the Company declared a dividend of $0.33 per share to shareholders, totaling $59.0 million during Q1 2017.

On May 04 th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Register for free on Stock-Callers.com and access the latest report on HFC at:

http://stock-callers.com/registration/?symbol=HFC

Phillips 66 

At the closing bell on Wednesday, Houston, Texas headquartered Phillips 66's stock rose 0.19%, finishing at $79.75. A total volume of 1.69 million shares was traded. The Company's shares have gained 2.18% in the last month and 1.93% over the previous three months. The stock is trading 1.99% and 0.05% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Phillips 66, which operates as an energy manufacturing and logistics company, have an RSI of 58.83.

On May 03 rd, 2017, Phillips 66's board of directors has declared a quarterly dividend of 70 cents per share on the Company's common stock, representing an 11% increase. The dividend is payable on June 01 st, 2017, to shareholders of record as of the close of business on May 18 th, 2017. Get free access to your research report on PSX at:

http://stock-callers.com/registration/?symbol=PSX

--

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



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today