Alon USA Partners, LP (ALDW) saw a big move last session, as the company’s shares fell by over 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for ALDW, as the stock is now down over 30% in the past one-month time frame.
The oil refining & marketing company has seen a flat record when it comes to current year estimate revisions over the past few weeks (0 increases, 0 decreases), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch on this firm in the near future, and especially on earnings estimates following the recent slump.
ALDW currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include Murphy USA Inc. (MUSA), Sandridge Mississippian Trust II (SDR) and SunCoke Energy Inc. (SXC). All these stocks hold a Zacks Rank #1 (Strong Buy).
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ALON USA PARTNERS LP (ALDW): Free Stock Analysis Report
MURPHY USA INC (MUSA): Free Stock Analysis Report
SANDRIDGE MISSISSIPPIAN TRUST II (SDR): Free Stock Analysis Report
SUNCOKE ENERGY INC (SXC): Free Stock Analysis Report
Zacks Investment Research
Alon USA Partners (ALDW) in Focus: Stock Falls 6.2%
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