Alon USA Partners (ALDW) to Release Earnings on Tuesday
Alon USA Partners (NYSE:ALDW) is scheduled to be posting its quarterly earnings results after the market closes on Tuesday, February 20th. Analysts expect Alon USA Partners to post earnings of $0.44 per share for the quarter.
Shares of Alon USA Partners (NYSE:ALDW) opened at $16.55 on Tuesday. The firm has a market capitalization of $1,030.00, a price-to-earnings ratio of 14.39 and a beta of 1.19. Alon USA Partners has a 12 month low of $8.65 and a 12 month high of $19.28. The company has a quick ratio of 0.76, a current ratio of 0.97 and a debt-to-equity ratio of 0.51.
Several equities research analysts recently weighed in on the company. Citigroup cut Alon USA Partners from a “buy” rating to a “neutral” rating in a research note on Monday, January 8th. ValuEngine cut Alon USA Partners from a “hold” rating to a “sell” rating in a research note on Friday, December 1st. BidaskClub raised Alon USA Partners from a “hold” rating to a “buy” rating in a research note on Saturday, November 4th. Finally, Macquarie raised Alon USA Partners from a “neutral” rating to an “outperform” rating in a research note on Monday, October 23rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. Alon USA Partners has a consensus rating of “Hold” and a consensus target price of $12.25.
About Alon USA Partners
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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