Alon USA Partners (ALDW) Earns Daily Coverage Optimism Score of 0.17
News coverage about Alon USA Partners (NYSE:ALDW) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Alon USA Partners earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news stories about the oil and gas company an impact score of 46.0427140357397 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Alon USA Partners (NYSE ALDW) opened at $17.74 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $1,110.00, a price-to-earnings ratio of 15.43 and a beta of 1.18. Alon USA Partners has a fifty-two week low of $8.65 and a fifty-two week high of $18.35.
Several research analysts have recently commented on ALDW shares. ValuEngine upgraded Alon USA Partners from a “sell” rating to a “hold” rating in a report on Monday, September 18th. Macquarie upgraded Alon USA Partners from a “neutral” rating to an “outperform” rating in a report on Monday, October 23rd. BidaskClub upgraded Alon USA Partners from a “hold” rating to a “buy” rating in a report on Saturday, November 4th. Finally, Citigroup lowered Alon USA Partners from a “buy” rating to a “neutral” rating in a report on Monday. One analyst has rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $12.25.
Alon USA Partners Company Profile
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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