News headlines about Alon USA Partners (NYSE:ALDW) have trended somewhat positive this week, Alpha One reports. The research firm, a service of Accern, identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Alon USA Partners earned a daily sentiment score of 0.15 on Alpha One’s scale. Alpha One also gave news headlines about the oil and gas company an impact score of 84 out of 100, indicating that recent news coverage is very likely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have effected AlphaOne’s scoring:
- Stock Spotlight: Looking at the Levels for Alon USA Partners, LP (NYSE:ALDW) – Business Daily (oxfordbusinessdaily.com)
- Volume Moving the Tape For Alon USA Partners LP (ALDW) – Stock Press Daily (stockpressdaily.com)
- Alon USA Partners, LP (ALDW) Ex-Dividend Date Scheduled for May 18, 2017 – Nasdaq (nasdaq.com)
- Alon USA Partners LP (ALDW) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Shares in Focus: Alon USA Partners, LP (NYSE:ALDW) – Business Daily (oxfordbusinessdaily.com)
Shares of Alon USA Partners (NYSE:ALDW) traded down 1.42% during mid-day trading on Friday, reaching $11.14. 120,701 shares of the company traded hands. The stock’s 50-day moving average is $9.63 and its 200-day moving average is $9.57. The company has a market capitalization of $696.47 million, a P/E ratio of 28.71 and a beta of 1.05. Alon USA Partners has a 52 week low of $7.63 and a 52 week high of $12.44.
Alon USA Partners (NYSE:ALDW) last posted its earnings results on Monday, May 8th. The oil and gas company reported $0.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.22. Alon USA Partners had a net margin of 0.11% and a return on equity of 1.64%. The firm had revenue of $544.50 million during the quarter, compared to the consensus estimate of $427.82 million. During the same period last year, the firm posted ($0.14) EPS. The firm’s revenue for the quarter was up 48.0% on a year-over-year basis. On average, equities analysts predict that Alon USA Partners will post $1.17 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 30th. Shareholders of record on Monday, May 22nd will be issued a dividend of $0.38 per share. This is an increase from Alon USA Partners’s previous quarterly dividend of $0.11. This represents a $1.52 annualized dividend and a yield of 13.64%. The ex-dividend date of this dividend is Thursday, May 18th. Alon USA Partners’s dividend payout ratio (DPR) is 2,000.67%.
A number of analysts have recently commented on ALDW shares. Credit Suisse Group AG raised shares of Alon USA Partners from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $11.00 to $12.00 in a research note on Friday, April 21st. Stifel Nicolaus raised shares of Alon USA Partners from a “market perform” rating to an “outperform” rating and set a $12.00 price objective for the company in a research note on Friday, April 21st. Finally, Citigroup Inc reaffirmed a “buy” rating and set a $12.00 price objective (down previously from $13.50) on shares of Alon USA Partners in a research note on Saturday, April 22nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $10.70.
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Alon USA Partners Company Profile
Alon USA Partners, LP (Alon) is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas. The Company had a crude oil throughput capacity of 73,000 barrels per day, which the Company referred to as its Big Spring refinery, as of December 31, 2016. The Company refines crude oil into finished products, which the Company markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to retail convenience stores and other third-party distributors.
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