News headlines about Andeavor (NYSE:ANDV) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Andeavor earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave media stories about the oil and gas company an impact score of 45.1258379583895 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have effected Accern’s analysis:
- DIARY-US refinery operations-Phillips 66 Reports Process Unit Upset At Wood River, Ill. Refinery (kitco.com)
- Stock for High Risk Taking Investors: Andeavor (ANDV) (wallstreetinvestorplace.com)
- Andeavor (ANDV) Stock Rating Upgraded by Evercore ISI (americanbankingnews.com)
- Andeavor (ANDV) Upgraded by BidaskClub to Buy (americanbankingnews.com)
- Oil Refiners Are Primed for Profits (barrons.com)
Several equities analysts have commented on the stock. JPMorgan Chase reiterated an “overweight” rating and set a $133.00 price objective (up previously from $130.00) on shares of Andeavor in a research report on Tuesday, March 13th. Wells Fargo reiterated an “outperform” rating and set a $162.00 price objective on shares of Andeavor in a research report on Thursday, March 15th. They noted that the move was a valuation call. Credit Suisse Group reiterated an “outperform” rating and set a $148.00 price objective on shares of Andeavor in a research report on Wednesday, March 7th. Piper Jaffray reiterated a “buy” rating and set a $138.00 price objective on shares of Andeavor in a research report on Friday, February 23rd. Finally, ValuEngine lowered shares of Andeavor from a “buy” rating to a “hold” rating in a research report on Wednesday, December 20th. Six research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $127.83.
Andeavor (NYSE:ANDV) last announced its earnings results on Thursday, February 15th. The oil and gas company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.18 by ($0.81). Andeavor had a net margin of 4.37% and a return on equity of 6.86%. The firm had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.79 billion. analysts predict that Andeavor will post 9.02 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th were paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.35%. The ex-dividend date was Tuesday, February 27th. Andeavor’s dividend payout ratio is currently 36.48%.
In other news, Director Paul L. Foster sold 5,478 shares of the stock in a transaction on Monday, January 8th. The shares were sold at an average price of $116.27, for a total value of $636,927.06. Following the sale, the director now owns 1,422,847 shares of the company’s stock, valued at $165,434,420.69. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Blane W. Peery sold 1,012 shares of the stock in a transaction on Thursday, March 1st. The shares were sold at an average price of $89.64, for a total transaction of $90,715.68. The disclosure for this sale can be found here. In the last three months, insiders sold 178,602 shares of company stock worth $20,963,955. Insiders own 7.00% of the company’s stock.
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Andeavor, formerly Tesoro Corporation, is an independent petroleum refining, logistics and marketing company. he Company operates through three segments. The Refining operating segment refines crude oil and other feedstocks into transportation fuels, such as gasoline and gasoline blendstocks, jet fuel and diesel fuel, as well as other products, including heavy fuel oils, liquefied petroleum gas and petroleum coke for sale in bulk markets to a range of customers within its markets.
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