Aegean Marine Petroleum Network (ANW) Receiving Somewhat Favorable Media Coverage, Report Shows
Media headlines about Aegean Marine Petroleum Network (NYSE:ANW) have been trending somewhat positive on Saturday, Accern Sentiment Analysis reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Aegean Marine Petroleum Network earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave media headlines about the oil and gas company an impact score of 45.4281333496933 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media headlines that may have effected Accern Sentiment Analysis’s rankings:
- Technical Insights on Oil and Gas Stocks — Royal Dutch Shell, Statoil, Aegean Marine Petroleum Network, and Ecopetrol – Markets Insider (markets.businessinsider.com)
- Mid-Day Market Update: Aegean Marine Rises After Q2 Results … – Benzinga (benzinga.com)
- Technical Insights on Oil and Gas Stocks — Royal Dutch Shell, Statoil, Aegean Marine Petroleum Network, and Ecopetrol – PR Newswire (press release) (prnewswire.com)
- Is Institutional Interest Waning in Aegean Marine Petroleum Network Inc. (NYSE:ANW)? – AppsforPCdaily (appsforpcdaily.com)
- Edited Transcript of ANW earnings conference call or presentation 11-Aug-17 12:30pm GMT (finance.yahoo.com)
Aegean Marine Petroleum Network (ANW) traded up 21.18% on Friday, reaching $5.15. The company had a trading volume of 2,528,187 shares. The stock has a market capitalization of $209.26 million, a P/E ratio of 7.46 and a beta of 2.25. Aegean Marine Petroleum Network has a 1-year low of $4.20 and a 1-year high of $13.10. The stock’s 50 day moving average is $5.23 and its 200-day moving average is $8.78.
Aegean Marine Petroleum Network (NYSE:ANW) last issued its quarterly earnings results on Thursday, August 10th. The oil and gas company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.10. The firm had revenue of $1.44 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Aegean Marine Petroleum Network had a return on equity of 8.03% and a net margin of 0.56%. The firm’s revenue for the quarter was up 45.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.32 EPS. On average, equities analysts predict that Aegean Marine Petroleum Network will post $0.38 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Thursday, August 24th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Tuesday, August 22nd. Aegean Marine Petroleum Network’s payout ratio is 11.43%.
ANW has been the subject of several analyst reports. Jefferies Group LLC restated a “buy” rating and set a $8.00 price target on shares of Aegean Marine Petroleum Network in a report on Friday. Clarkson Capital upgraded Aegean Marine Petroleum Network from a “neutral” rating to a “buy” rating and set a $6.00 price objective for the company in a report on Friday. ValuEngine cut Aegean Marine Petroleum Network from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $9.00 price objective on shares of Aegean Marine Petroleum Network in a research report on Friday, July 21st. Finally, Zacks Investment Research cut Aegean Marine Petroleum Network from a “buy” rating to a “hold” rating in a research report on Tuesday, May 9th. One analyst has rated the stock with a sell rating and four have given a buy rating to the company’s stock. Aegean Marine Petroleum Network currently has an average rating of “Buy” and an average price target of $8.75.
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Aegean Marine Petroleum Network Company Profile
Aegean Marine Petroleum Network Inc is an international marine fuel logistics company. The Company markets and physically supplies refined marine fuel and lubricants to vessels in port, at sea and on rivers. As a physical supplier, the Company procures marine fuel from refineries, oil producers and other sources, and resells and delivers these fuels from its bunkering vessels to a range of end users.
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