By Russ Fischer : Sometime a go I shared a formula in a Seeking Alpha article that I have used since the mid 1990s as an initial valuation screen on stocks of interest. So, now is time to test that little formula in a real world test. Below is a list of five stocks that were initially screened out
Credit Suisse cites Alon USA Energy ( ALJ ), Alon USA Partners ( ALDW ) and Delek ( DK ) as refiners deserving raises . The firm likes Alon's projects, though still in development stage, which should aid recovery
Delek US ( DK ): Q1 EPS of $1.28 beats by $0.14 . Revenue of $2.32B beats by $0.31B . ( PR ) Post your comment!
Notable earnings after Wednesday’s close: AHT , ALJ , ATLS , ATVI , AVNR , CF , CLNE , CLR , CTL , CTRP , CUZ , CXW , DEPO , DK , ERII , ETE , ETP , GMCR , GRPN , GSS , HALO , HEK , HNSN , JOE , LPSN , MBLX , MDR , MED , MIDD , MM , MNST , MNTX , MWE , NWSA
producing gasoline gets less profitable. The new target for Buy-rated Holly Frontier ( HFC ) is $58, down from $68. Hold-rated refiners with reduced targets: ALJ , CLMT , CVI , DK , MPC , PBF , PSX , TSO , VLO , WNR . Post your comment!
Raymond James suggests 21 stocks likely to benefit from the trend: CNI , CP , KSU , NSC , CSX , UNP , BTE , CNQ , ARII , TRM, GMT , PBF , DK , TSO , TLLP , GEL , NRGY , GLP CSCTF.PK , MEGEF.PK , STPJF.PK . ( earlier ) Post your comment!
Delek US Holdings ( DK -6% ) announces a secondary offering of 7.825M common shares by selling stockholder Delek Hungary Holding; DK will not receive any proceeds from the offering. Its board authorizes
Delek US Holdings ( DK ): Q4 EPS of $1.06. Revenue of $2.18B beats by $0.87B . ( PR ) Post your comment!
Notable earnings after Wednesday’s close: ALJ , AMTG , CODI , DK , DRYS , ERII , NQ , PETM , PNY , TCAP Post your comment!
Notable earnings after Wednesday’s close: ALJ , AMTG , CODI , DK , DRYS , ERII , NQ , PETM , PNY , TCAP Post your comment!