Alon USA Energy, Inc.

  • Should this stock be there in your portfolio?

    By Nikita Dugar - June 16, 2013 | Tickers: ALJ, HFC, TSO

    Last month, Alon USA Energy (NYSE: ALJ) declared 50% increase in its quarterly dividends, which increased from $0.04 to $0.06 per share. It also announced special non-recurring dividend of $0.16 per share. This was due to its improved performance in the first quarter of 2013. Net income reported during this period was $0.86 per share, compared to loss of $0.52 per share for the same more »

  • The Brent-WTI Spread Is Falling; Are Refineries Overvalued?

    By Joshua Bondy - May 31, 2013 | Tickers: ALJ, PSX, VLO, WNR

    North American midstream growth is removing transportation bottlenecks for crude oil, and North American refineries have to face the music. The construction of pipelines and increase in rail capacity are starting to reduce some inventories. These factors coupled with weak European demand for Brent crude oil have caused the WTI-Brent spread to fall. Refineries have been able to make fat profits by refining cheap WTI crude oil and exporting it more »

  • With Absurd Discount, Solid Yield and Industry Tailwinds, Is This A Steal?

    By Mike Thiessen - May 29, 2013 | Tickers: ALJ, VLO, WNR

    Western Refining (NYSE: WNR) is a small, often overlooked refiner that operates primarily in the oil-soaked markets of Texas and the American Southwest. Although the company rarely attracts attention from high-flying fund managers or Wall Street analysts, it is noteworthy for several reasons. For starters, it has a solid dividend yield of 1.5 percent and recently issued a $1 special dividend that amounted to a 5 percent payout at more »

  • Oil Prices Crashed but These Refining Stocks Are Still Hot

    By Jacob Wolinsky - May 6, 2013 | Tickers: ALJ, NTI, WNR

    Oil prices crashed recently as investors placed further bets on a slowing global economy, especially after what is happening in Europe and China. The black gold was down $3 a barrel for the month of April. The verdict may not be out as yet if the call regarding oil prices is correct, and instead of breaking heads about it, investors would do well to focus on undervalued plays which are more »

  • A Potential Increase in Refining Margins

    By Alvin Gonzales - April 8, 2013 | Tickers: ALJ, XOM, PSX, TRP, VLO

    TransCanada’s (NYSE: TRP) Keystone XL Pipeline is a controversial proposal because of environmental concerns. Regardless, TransCanada anticipates that President Obama will approve the project in 2013 and that the pipeline will be in service in 2015. With a transport capacity of 830,000 barrels of oil per day, refineries located in the right region could see a boost in profit margins.

    In addition, the Keystone XL Pipeline is actually more »

  • Are These High Beta Oil Refiners Ready for Correction?

    By Jacob Wolinsky - April 6, 2013 | Tickers: ALJ, CVI, DK

    The latest standard issued by the U.S. Environmental Protection Agency regarding sulfur content in gasoline has set a cat among the pigeons, and could potentially lead to bearish overtures for oil refining and marketing companies such as CVR Energy (NYSE: CVI), Delek (NYSE: DK), and Alon (NYSE: ALJ).

    The regulator plans to reduce the content from today’s standard of 30 parts per million (ppm) to 10 ppm by more »

  • A Potential Increase in Refining Margins

    By Alvin Gonzales - April 4, 2013 | Tickers: ALJ, XOM, PSX, TRP, VLO

    TransCanada’s (NYSE: TRP) Keystone XL Pipeline is a controversial proposal because of environmental concerns. Regardless, TransCanada anticipates that President Obama will approve the project in 2013 and that the pipeline will be in service in 2015. With a transport capacity of 830,000 barrels of oil per day, refineries located in the right region could see a boost in profit margins.

    In addition, the Keystone XL Pipeline is actually more »

  • Are These High Beta Oil Refiners Ready For Correction?

    By Jacob Wolinsky - April 3, 2013 | Tickers: ALJ, CVI, DK

    The latest standard issued by the U.S. Environmental Protection Agency regarding sulfur content in gasoline has set a cat among pigeons and could potentially lead to bearish overtures for oil refining and marketing companies such as CVR Energy (NYSE: CVI), Delek (NYSE: DK), and Alon (NYSE: ALJ).

    The regulator plans to reduce the content from today’s standard of 30 parts per million (ppm) to 10 ppm by 2017 more »

  • Noteworthy Upgrades That Could Carry Into the New Year

    By Brian Nichols - January 2, 2013 | Tickers: ALJ, BMY, FB, FDX, QIHU

    With investors preparing for a new year, re-diversification will be a hot topic. A new year brings new hope and a chance to start over. With that being said, I am looking at noteworthy analyst calls that ended 2012. These were notes issued to shareholders that could be vital in determining an investment decision.

    Company

    Ticker

    Firm

    Call

    Facebook

    (NASDAQ: FB)

    BMO

    Buy

    QIHOO 360 Technology

    (NYSE: QIHU)

    Wedge Partners more »

  • A 24% Dividend Yield, What’s Going on Here?

    By Mike Thiessen - December 18, 2012 | Tickers: ALJ, ALDW, PSX

    Alon USA Partners, LP (NYSE: ALDW) was formed when Alon USA Energy (NYSE: ALJ) created a variable rate master limited partnership (MLP) to own the Big Spring Refinery in Texas and its related pipeline and storage facilities.  ALDW, with a current share price of $21.73, completed an offering of 18.4% of its equity, 10 million shares, at $16 per share in late November.  ALJ planned to use the more »

  • Some Oil Refiners are a Great Value Play

    By Joshua Bondy - October 19, 2012 | Tickers: ALJ, CVI, HFC, VLO, WNR

    Oil refineries are well positioned to take advantage of heavy oil and the lack of oil transportation infrastructure in the U.S. With low interest rates the cost of debt necessary for capital expenditures has significantly declined. Still, within the industry there are some refiners like Alon USA Energy (NYSE: ALJ) which have high debt loads, low ROI, and should be avoided. Others like HollyFrontier Corp. (NYSE: HFC) have a more »

  • Is Valero’s Business Lucrative Enough for Investors?

    By Ryan Guenette - September 13, 2012 | Tickers: ALJ, MPC, TSO, VLO, WNR

    Valero Energy Corporation (NYSE: VLO) is an independent petroleum refining and marketing company. Through their refineries, Valero can produce conventional gasoline, distillates, jet fuel, asphalt, petrochemicals, lubricants, conventional blend stock, reformulated gasoline blend stock, and diesel fuel, from its 16 refineries scattered across the United States. The company also owns 10 ethanol plants with the combined production capacity of about 1.1 billion gallons per year. Valero employs 22,000 more »