#Chk pre market full
#Chk pre market crack

Morgan analyst Phil Gresh came away reassured about PSX after a meeting with the company's management. Mark Lashier, current chief operating officer of Phillips 66, will replace Garland in top spot, effective July 1. The energy company has undergone some management changes this year, with the current president and CEO, Greg Garland, being elevated to the position of executive chairman. While the Houston, Texas-based firm's fuel products primarily come from petroleum refining, it is also active in the natural gas trade and supplies chemicals and specialty products to global markets.

Phillips 66 ( PSX (opens in new tab), $102.38) is a diversified energy company that processes and markets fuels worldwide.

TipRanks consensus price target: $112.22 (9.6% upside potential).

#Chk pre market full

TipRanks offers up a full analyst rundown of VLO shares. But analyst Leggate's price target of $165 implies additional upside potential of 28.6% from current levels. It's no surprise to see Wall Street pros so bullish on Valero, considering the red-hot refining stock has seen a strong rally of nearly 71% this year. The Street is upbeat here, with 12 Buys and two Holds among analysts that have sounded off over the past three months. The analyst says VLO is one of the best energy stocks among refiners due in part to its strong balance sheet and shift to increased share buybacks. 'The conclusion affirms our view that tightness has shifted from crude oil to refined products – and that there is no quick fix.' 'Closures have reduced net capacity by 2 million b/d while sanctions have curbed 1 million b/d of Russia petroleum flows, and lower export quotas have impacted 500,000 b/d of China flows into the APAC Basin,' Leggate says in reference to the tight fuel supplies. The analyst stated that VLO's management sees strong product demand, particularly in June as compared to May, with higher gasoline, jet fuel, and diesel prices while supplies remain tight. Leggate came away bullish on the stock with a Buy rating after hosting a meeting with Valero's management. The company is only poised to grow further, according to BofA Securities analyst Doug Leggate.

#Chk pre market crack

Notably, Valero makes hefty profits from crack spreads and crude barrels that travel through its facilities. Moreover, the company is the second-largest producer of renewable fuels, including ethanol and renewable diesel, which gives it a huge scope to stay relevant and grow. The company's diversified refinery base is located throughout the U.S, Canada and the U.K. Valero Energy ( VLO (opens in new tab), $128.30) is an American oil refinery that manufactures and markets transportation fuels and other petrochemical products. TipRanks consensus price target: $133.86 (4.3% upside potential).

Even though the company has a strong debt-to-equity ratio, the quick ratio of 0.46 is very weak and demonstrates a lack of ability to pay short-term obligations.

The debt-to-equity ratio is somewhat low, currently at 0.71, and is less than that of the industry average, implying that there has been a relatively successful effort in the management of debt levels.

The net income increased by 228.8% when compared to the same quarter one year prior, rising from $201.00 million to $661.00 million.

The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Oil, Gas & Consumable Fuels industry.

This year, the market expects an improvement in earnings ($1.63 versus $0.68). During the past fiscal year, CHESAPEAKE ENERGY CORP turned its bottom line around by earning $0.68 versus -$1.62 in the prior year. The company has demonstrated a pattern of positive earnings per share growth over the past year.

CHESAPEAKE ENERGY CORP has improved earnings per share by 8.3% in the most recent quarter compared to the same quarter a year ago.

This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share. Since the same quarter one year prior, revenues rose by 17.2%.

The revenue growth came in higher than the industry average of 6.7%.

Highlights from the ratings report include: We feel these strengths outweigh the fact that the company shows weak operating cash flow. The company's strengths can be seen in multiple areas, such as its robust revenue growth, growth in earnings per share, increase in net income, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.