StockIceMan's Weekly Stock Pick
Week of
August 11, 2008
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Stock: |
Alon USA Energy,Inc. |
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Ticker Symbol: |
ALJ - NYSE - Oil and
Gas Refining and Marketing |
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Buy: |
7.75
to 8.25 |
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Sell: |
11.00 |
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Info: |
Alon
USA Energy, Inc., together with its
subsidiaries, operates as an independent refiner
and marketer of petroleum products primarily in
the south central, southwestern, and western
regions of the United States. The company has
three segments: Refining and Marketing, Asphalt,
and Retail. The Refining and Marketing segment
refines crude oil into petroleum products,
including gasoline, diesel, natural gas, jet
fuel, petrochemical, and feedstock in its three
sour and heavy crude oil refineries in Big
Spring, Texas; and Paramount and Long Beach,
California, as well as markets the refined
products in Oklahoma. The Asphalt segment
markets paving and roofing grades of asphalt,
and performance-graded asphalts, emulsions, and
cutbacks through its 12 refinery/terminal
locations in Big Spring, Texas; Paramount, Long
Beach, Elk Grove, Bakersfield, and Mojave,
California; Willbridge, Oregon; Richmond Beach,
Washington; Fernley, Nevada; and Phoenix,
Flagstaff, and Fredonia, Arizona. This segment
also owns a 50% interest in Wright Asphalt
Products Company, LLC, which specializes in
marketing patented tire rubber modified asphalt
products. The Retail segment operates
convenience stores that offer various grades of
gasoline, diesel fuel, food products, tobacco
products, non-alcoholic and alcoholic beverages,
and general merchandise to the general public
primarily under the 7-Eleven and FINA brand
names. As of December 31, 2007, this segment
owned and leased 307 convenience store sites
located primarily in central and west Texas, and
New Mexico. The company was founded in 2000 and
is based in Dallas, Texas. Alon USA Energy, Inc.
is a subsidiary of Alon Israel Oil Company, Ltd. |
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Financial Info: |
For
the three months ended 3/31/2008, revenues
increased 6% to $1.02 billion. Net income
decreased 6% to $33.6 million. |
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Key Ratios: |
Current
Ratio: N/A, Total
Debt/Equity Ratio: 1.555, Trailing P/E: N/A,
Forward P/E: 5.66x, Price/Sales: 0.08,
Price/Book: 1.05 |
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Share Info: |
There are 46.81
million shares outstanding with 10.81
million shares in the trading
float. Institutions own
approximately 26.30% of the shares
outstanding. There have been 10 insider
purchases totaling 940,500 shares
and 0 insider sales in the last six months.
Real-Time SEC Filings
As of 7/10/2008, there were 2.81 million shares short.
Net Institutional Selling:
312,215 shares last quarter. |
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Articles: |
UPDATE - Alon sees Big Spring full return at end
Aug - CEO |
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