Today’s Dividend On Watch: $0.15 dividends will be a reality for Alon USA Partners, LP (NYSE:ALDW)’s shareholders on Nov 22, 2016.

Today's Dividend On Watch: $0.15 dividends will be a reality for Alon USA Partners, LP (NYSE:ALDW)'s shareholders on Nov 22, 2016.

Alon USA Partners, LP (NYSE:ALDW) is expected to pay $0.15 on Nov 22, 2016. The indicated annual dividend is $0.60. Shareholders owning the stock before Nov 8, 2016 will be eligible to receive the payout. Based on Alon USA Partners, LP’s current price of $7.98, the dividend is 1.88%. This dividend’s record date is Nov 11, 2016 and the announcement date is Oct 28, 2016. The stock increased 1.92% or $0.15 on November 4, hitting $7.98. Alon USA Partners LP (NYSE:ALDW) has declined 33.72% since April 5, 2016 and is downtrending. It has underperformed by 35.68% the S&P500.

Alon USA Partners, LP is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of approximately 73,000 barrels per day, which the Company refers to as its Big Spring refinery. The company has a market cap of $498.91 million. The Firm refines crude oil into finished products, which the Company markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to retail convenience stores and other third-party distributors. It has a 254.87 P/E ratio. The Company’s Big Spring refinery is located on approximately 1,310 acres in the Permian Basin in West Texas.

Insitutional Activity: The institutional sentiment decreased to 0.67 in 2016 Q2. Its down 0.42, from 1.09 in 2016Q1. The ratio is negative, as 12 funds sold all Alon USA Partners LP shares owned while 9 reduced positions. 3 funds bought stakes while 11 increased positions. They now own 3.65 million shares or 5.49% less from 3.86 million shares in 2016Q1.
Shelton Mngmt, a California-based fund reported 30,000 shares. Moreover, Lpl Financial has 0% invested in Alon USA Partners LP (NYSE:ALDW) for 10,406 shares. Ladenburg Thalmann Fincl Services has 0% invested in the company for 1,631 shares. X Mngmt Ltd Co, a New York-based fund reported 3,212 shares. Sigma Planning holds 15,587 shares or 0.02% of its portfolio. Gsa Capital Llp last reported 0.02% of its portfolio in the stock. Cap Advsrs Ltd Ltd Liability Corp reported 1,000 shares or 0% of all its holdings. Arrow Invest Advsrs Lc holds 0.11% or 49,270 shares in its portfolio. Us Fincl Bank De last reported 0% of its portfolio in the stock. Deutsche Natl Bank Ag owns 11,624 shares or 0% of their US portfolio. Bancorp Of America Corp De holds 0% or 11,317 shares in its portfolio. National Bank & Trust Of New York Mellon has invested 0% of its portfolio in Alon USA Partners LP (NYSE:ALDW). Manufacturers Life Insurance The owns 1,757 shares or 0% of their US portfolio. Spot Trading Limited Liability Co holds 0.01% or 48,658 shares in its portfolio. Commonwealth Equity Ser holds 0% of its portfolio in Alon USA Partners LP (NYSE:ALDW) for 13,117 shares.

Alon USA Partners LP (NYSE:ALDW) Ratings Coverage

Out of 6 analysts covering Alon USA Partners LP (NYSE:ALDW), 1 rate it a “Buy”, 3 “Sell”, while 2 “Hold”. This means 17% are positive. Alon USA Partners LP has been the topic of 16 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Alon USA Partners LP (NYSE:ALDW) has “Sell” rating given on Wednesday, September 9 by Tudor Pickering. The stock has “Neutral” rating given by Macquarie Research on Friday, July 24. Barclays Capital maintained the stock with “Underweight” rating in Monday, October 12 report. The company was downgraded on Monday, April 11 by Credit Suisse. The firm has “Outperform” rating by Credit Suisse given on Friday, February 19. maintained it with “Underweight” rating and $8 target price in Monday, October 10 report. Tudor Pickering downgraded Alon USA Partners LP (NYSE:ALDW) on Monday, May 16 to “Sell” rating. The firm has “Underweight” rating by Barclays Capital given on Tuesday, January 12. The company was maintained on Wednesday, September 14 by Citigroup. On Wednesday, October 21 the stock rating was downgraded by Citigroup to “Neutral”.

More recent Alon USA Partners LP (NYSE:ALDW) news were published by: Prnewswire.com which released: “Alon USA Partners, LP Reports Third Quarter 2016 Results and Declares …” on October 26, 2016. Also Marketwatch.com published the news titled: “Virtual Stock Exchange” on November 20, 2012. Quotes.Wsj.com‘s news article titled: “DOW JONES, A NEWS CORP COMPANY” with publication date: November 20, 2012 was also an interesting one.

ALDW Company Profile

Alon USA Partners, LP (Alon), incorporated on August 17, 2012, is engaged principally in the business of operating a crude oil refinery in Big Spring, Texas, with a crude oil throughput capacity of approximately 73,000 barrels per day, which the Company refers to as its Big Spring refinery. The Firm refines crude oil into finished products, which the Company markets primarily in Central and West Texas, Oklahoma, New Mexico and Arizona through its integrated wholesale distribution network to retail convenience stores and other third-party distributors. The Company’s Big Spring refinery is located on approximately 1,310 acres in the Permian Basin in West Texas. Major processes at its Big Spring refinery include fluid catalytic cracking, naphtha reforming, vacuum distillation, hydrotreating, aromatic extraction and alkylation. The Firm is managed and operated by Alon USA Partners GP, LLC (General Partner), an indirect subsidiary of Alon USA Energy, Inc. (Alon Energy), which is its parent company.

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