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Bullish on HOC ...
HOC
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-13.78%
in
456 days
Target: 63.00 Holly Corporation and its subsidiaries operate as a petroleum refiner in the United States. It involves in the purchase and refining of crude oil; and wholesale and marketing of refined products, such as gasoline, diesel fuel, and jet fuel in Texas, New Mexico, Arizona, Utah, Wyoming, Montana, Idaho, Washington, and northern Mexico. The company also manufactures and markets asphalt products from various terminals in Arizona and New Mexico. In addition, it transports liquid petroleum gas (LPG) to LPG wholesalers and LPG retailers; offers gasoline to refiners, convenience store...
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From the Blogosphere
Holly Corp. (HOC): A 'potential double'
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Congratulations to Mike Turner, a member of the StreetAuthority advisory team, on the launch of his new advisory service, Mastering the Markets.
Here, he reviews his fundamental and technical strategy and offers a look at Holly Corp. (NYSE: HOC), noting, "This independent petroleum refiner gave a solid 'Buy' signal a little over two months ago and appears poised to continue moving a lot higher." <>"Holly Corp. is my top-ranked 'Doubler' -- stocks with the potential to double in price. With regard to HOC's fundamentals, I like the following:
"Holly has delivered impressive year-over-year earnings>...
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Trading Radar for 8/10: DISH (DISH), Echostar (SATS), SYSCO (SYY), Fluor (FLR), Rackspace (RAX), priceline.com (PCLN) Report
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The Trading Radar highlights key earnings and economic announcements for Monday's trading session:<u>Before Market Opens:</u>Earnings:4Kids Entertainment (NYSE: KDE)Boots and Coots (NYSE: WEL) - consensus EPS $0.03 Chindex (Nasdaq: CHDX) - consensus EPS $0.07 Dynegy (NYSE: DYN) - consensus loss $0.04 Holly (NYSE: HOC) - consensus EPS $0.27 Molecular Insight (Nasdaq: MIPI) - consensus loss $0.59 Perfect World (Nasdaq: PWRD) - consensus EPS $0.64 EW Scripps (NYSE: SSP) - consensus loss $0.11 Virgin Mobile (NYSE: VM) - consensus EPS $0.17<u>Intraday or Not Specified:</u>Earnings:Allied Capital...
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Notable Mergers and Acquisitions of the Day 8/3: HEP/HOC, PSEC/PCAP, GRB
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<> <>Holly Energy Partners, L.P. (NYSE: HEP) and Holly Corporation (NYSE: HOC) announced the August 1, 2009 acquisition by Holly Energy from Holly of certain truck and rail loading/unloading facilities located at Holly's Tulsa, Oklahoma refinery.The purchase price for these facilities was $17.5 million which was paid in cash. The acquisition was financed through Holly Energy's revolving credit facility. Holly Energy expects this acquisition will result in approximately $2.7 million of incremental annual revenue.In connection with this transaction, Holly and Holly Energy have entered into a 15-y>>...
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After-Hours Movers: Thomas & Betts (TNB), J. Crew (JCG) Lower On Guidance
StreetInsider.com After-Hours Movers: <>Thomas & Betts Corporation (NYSE: TNB) 12% LOWER; cuts its Q4 EPS guidance closer to the $0.84 reported in Q407 than the range implied by the company's previous FY08 guidance of $5.35-$5.45.
J. Crew Group, Inc. (NYSE: JCG) 11.3% LOWER; reports Q3 EPS of $0.30, 3 cents better than the analyst estimate of $0.27. Revenue for the quarter was $363.1 million, versus the consensus of $351.23 million. Lowers FY08 EPS from $1.44-$1.54 to $1.11-$1.16.
Holly Corp. (NYSE: HOC) 1.3% HIGHER; will replace LandAmerica Financial Group Inc. (NYSE: LFG) in the S&P SmallCap>...
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Notable Analyst Rating Changes 9/18: HOC, PTR, CLR, NOV Upgraded; TGT, NT, KSS, CLI Downgraded
UPGRADES:Goldman Sachs upgrades Holly Corp. (NYSE: HOC) from Neutral to Buy and adds the stock to their Conviction Buy List and raises their price target to $45.Credit Suisse upgrades PetroChina (NYSE: PTR) from Neutral to Outperform.Merrill Lynch upgrades Continental Resources (NYSE: CLR) from Neutral to Buy.Stanford Group upgrades National Oilwell Varco (NYSE: NOV) from Hold to Buy. For daily real-time Upgrades go to http://www.streetinsider.com/UpgradesDOWNGRADES:Morgan Stanley downgrades Target (NYSE: TGT) from Overweight to Equal-Weight.J.P. Morgan Downgrades Nortel Networks (NYSE: NT...
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