News stories about Andeavor (NYSE:ANDV) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Andeavor earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned news coverage about the oil and gas company an impact score of 45.9948112810108 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s analysis:
- Financial Analysis: Andeavor (ANDV) versus Enlink Midstream (XTXI) (americanbankingnews.com)
- Jeff A. Stevens Sells 32,500 Shares of Andeavor (ANDV) Stock (americanbankingnews.com)
- Will Valero’s Refining Margins Surge in 4Q17? (finance.yahoo.com)
- Valero’s 4Q17 Estimates: Last, but Decent Growth Expectations (finance.yahoo.com)
- Will Andeavor’s Refining Margins Surge in 4Q17? (finance.yahoo.com)
ANDV has been the topic of several recent analyst reports. Evercore ISI raised shares of Andeavor to a “buy” rating and set a $128.00 price objective on the stock in a research report on Thursday, November 2nd. Cowen reissued a “buy” rating and set a $120.00 price objective on shares of Andeavor in a research report on Thursday, September 28th. BidaskClub raised shares of Andeavor from a “hold” rating to a “buy” rating in a research report on Saturday, October 7th. Zacks Investment Research raised shares of Andeavor from a “hold” rating to a “buy” rating and set a $119.00 price objective on the stock in a research report on Tuesday, October 10th. Finally, JPMorgan Chase & Co. reissued a “buy” rating and set a $121.00 price objective on shares of Andeavor in a research report on Friday, November 3rd. Seven investment analysts have rated the stock with a hold rating and fifteen have issued a buy rating to the company. Andeavor has an average rating of “Buy” and an average target price of $121.32.
Andeavor (NYSE:ANDV) last announced its quarterly earnings results on Wednesday, November 8th. The oil and gas company reported $2.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.03 by ($0.33). The company had revenue of $9.84 billion for the quarter, compared to analysts’ expectations of $9.94 billion. Andeavor had a net margin of 2.35% and a return on equity of 7.15%. The firm’s revenue was up 50.3% on a year-over-year basis. equities research analysts forecast that Andeavor will post 6.9 EPS for the current year.
In other news, Director Paul L. Foster sold 45,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were sold at an average price of $108.33, for a total value of $4,874,850.00. Following the transaction, the director now owns 1,447,567 shares in the company, valued at approximately $156,814,933.11. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Jeff A. Stevens sold 25,000 shares of the stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $111.24, for a total transaction of $2,781,000.00. Following the completion of the transaction, the director now owns 1,529,174 shares in the company, valued at approximately $170,105,315.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 169,188 shares of company stock worth $18,798,235. Insiders own 0.86% of the company’s stock.
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Andeavor Company Profile
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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