At the close on Monday, shares in Brentwood, Tennessee headquartered Delek US Holdings Inc. saw a decline of 1.85%, ending the day at $19.64. The stock recorded a trading volume of 995,237 shares, which was above its three months average volume of 923,790 shares. The Company's shares have advanced 14.80% in the last one month and 12.84% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 13.54% and 30.49%, respectively. Moreover, shares of Delek US Holdings, which operates as an integrated energy company that operates in petroleum refining, wholesale distribution, and convenience store retailing businesses, have a Relative Strength Index (RSI) of 65.44.
On November 14th, 2016, Delek US closed the previously announced transaction to sell its retail related assets to a U.S. subsidiary of Compañía de Petróleos de Chile - COPEC S.A. The assets sold included MAPCO Express, Inc., and certain related affiliated companies, for total cash consideration of $535.0 million plus MAPCO's estimated cash on hand and working capital adjustment, totaling approximately $16.3 million.
On November 14th, 2016, research firm Wolfe Research downgraded the Company's stock rating from 'Outperform' to 'Peer Perform'. Visit us today and download your complete report on DK for free at:
Shares in Sugar Land, Texas headquartered CVR Energy Inc. ended the day 4.27% lower at $16.81 and with a total trading volume of 572,004 shares. In the last month and the previous three months, the stock has gained 28.73% and 23.55%, respectively. The Company's shares are trading above their 50-day moving average by 16.06%. Furthermore, shares of CVR Energy, which through its subsidiaries, engages in petroleum refining and nitrogen fertilizer manufacturing activities in the US, have an RSI of 63.16. The complimentary research report on CVI can be accessed at:
On Monday, shares in Dallas, Texas-based Sunoco L.P. finished 2.71% lower at $21.21. A total volume of 1.01 million shares was traded, which was above their three months average volume of 698,330 shares. The stock is trading below its 50-day moving average by 21.18%. Additionally, shares of Sunoco, which engages in the wholesale distribution and retail sale of motor fuels primarily in Texas, New Mexico, Oklahoma, Louisiana, Kansas, Maryland, Virginia, Tennessee, Georgia, and Hawaii, have an RSI of 26.14.
On November 21st, 2016, Sunoco Logistics and Energy Transfer Partners announced that they have entered into a merger agreement providing for the acquisition of Energy Transfer Partners by Sunoco Logistics in a unit-for-unit transaction. The transaction was approved by the boards of directors and conflicts committees of both partnerships and is expected to close in the first quarter of 2017, subject to receipt of ETP unit-holders' approval and other customary closing conditions.
On November 21st, 2016, research firm Citigroup downgraded the Company's stock rating from 'Neutral' to 'Sell'. Register for free on Stock-Callers.com and download the PDF research report on SUN at:
Phillips 66 Partners
Houston, Texas headquartered Phillips 66 Partners L.P.'s shares recorded a trading volume of 474,645 shares, which was higher than their three months average volume of 425,240 shares. The stock closed the day at $44.81, gaining 0.07%. The Company's shares are trading below their 50-day moving average by 2.18%. Additionally, shares of Phillips 66 Partners, which owns, operates, develops, and acquires crude oil, refined petroleum products, and natural gas liquids pipelines and terminals, as well as other transportation and midstream assets in the US, have an RSI of 49.09.
On October 31st, 2016, Chevron Phillips Chemical Company LLC announced today that it has signed an agreement with INEOS Styrolution to sell the company's K-Resin® styrene-butadiene copolymers (SBC) business. The deal is subject to customary closing conditions and regulatory approvals. As part of the transaction, INEOS Styrolution will purchase the equity interests of K R Copolymer Co. Ltd, which owns and operates a K-Resin® SBC plant in the Yeosu Petrochemical Complex in South Korea. Chevron Phillips Chemical is equally owned by Chevron U.S.A. Inc. and by wholly-owned subsidiaries of Phillips 66. Get free access to your research report on PSXP at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email email@example.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA