ANDV - Andeavor

Mar 25, 2018
54
3
8
#1
Andeavor, formerly known as Tesoro Corporation, or simply as Tesoro, is a Fortune 100 and a Fortune Global 500 company headquartered in Texas at San Antonio, with 2013 annual revenues of $37 billion, and over 13,000 employees worldwide.

ANDV reported better than expected Q1 earnings.

Revenues rose 55% year-over-year to the north of $10.3B.
The operating income increased to $205 million vs. $34 million a year ago.
Marketing segment operating earnings slipped to $128 million from $133 million.

Marathon Petroleum has agreed to buy all the outstanding Andeavor shares, valued $23.3 billion. The deal also assumes Andeavor's debt, thus pushing the total value of the transaction to $35.6 billion.

However, Morgan Stanley downgrade to Equal Weight (from Overweight) because ANDV did not mean its expectation.

How do you think about ANDV?
 
Mar 11, 2018
56
3
8
Little Rock AR
#2
Andeavor, formerly known as Tesoro Corporation, or simply as Tesoro, is a Fortune 100 and a Fortune Global 500 company headquartered in Texas at San Antonio, with 2013 annual revenues of $37 billion, and over 13,000 employees worldwide.

ANDV reported better than expected Q1 earnings.

Revenues rose 55% year-over-year to the north of $10.3B.
The operating income increased to $205 million vs. $34 million a year ago.
Marketing segment operating earnings slipped to $128 million from $133 million.

Marathon Petroleum has agreed to buy all the outstanding Andeavor shares, valued $23.3 billion. The deal also assumes Andeavor's debt, thus pushing the total value of the transaction to $35.6 billion.

However, Morgan Stanley downgrade to Equal Weight (from Overweight) because ANDV did not mean its expectation.

How do you think about ANDV?
IMHO- Don't load yourself down with all that mindless smoke and mirror's info of what companies put out in news and news press release's.

Do a plan and simple follow the trend line and you WILL know what to do.
http://www.trade2win.com/boards/technical-analysis/207918-if-you-can-draw-straight-line-you-can-become-successful-trader.html#post2592986
 
Mar 11, 2018
56
3
8
Little Rock AR
#3
ANDV is forming a Ascending Triangle on the daily and inter-day charts of 4 hour, 2 hour and 1 hour. When ever a stock gaps up like it did on 4-30 18 there will usually be some profit taking (consolidation). Then the uptrend most of the time will continue .

 
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