Phillips 66 Reports Second-Quarter Earnings of $1.0 Billion or $1.84 Per Share (Seite 7) | Diskussion im Forum

[freddy1989]

Antwort auf Beitrag Nr.: 57.653.505 von faultcode am 28.04.18 20:34:28

Wie läuft den eigentlich der LPG Terminal weiss das jemand?

[faultcode]

Phillips 66 expects late 2019 investment decision on ethane cracker

https://finance.yahoo.com/news/phillips-66-expects-2019-inve…

=>
HOUSTON, April 27 (Reuters) - Phillips 66 expects a final investment decision on building an ethane cracker on the U.S. Gulf Coast by joint-venture Chevron Phillips Chemical Co by late 2019, Phillips 66 Chief Executive Greg Garland said on Friday.

Chevron Phillips, a petrochemical joint venture between Chevron Corp and Phillips 66, recently started up a 1.5-million-ton-per-year ethane cracker at its Baytown, Texas, plant and is considering adding a second similar sized unit along the Gulf Coast.

"It seems like appropriate timing to us in terms of (a final investment decision) in late '19 and really get started in earnest in '20 and '21 in the construction," Garland said during a conference call with Wall Street analysts to discuss first-quarter earnings...

[harenberg77]

und der altmeister mit sehr schlechtem timing.
announces it has agreed to repurchase 35 million shares of Phillips 66 common stock from a wholly-owned subsidiary of Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) for $93.725 per share. This $3.3 billion repurchase is expected to close on Feb. 14, 2018. “We are excited

spart mal eben (35milx14$) 490 mil aktionaerskapital.

[faultcode]

Ölrefiner im allgemein Abverkauf mit teils guter Plus-Performance

VLO z.B. mit neuem ATH heute.

Auch PSX mit guter Performance (wg. guter US-Treibstoff- und Produktpreisen --> April --> mehr Autoreisen ):





bei Produkten teils neue 12m-Hochs: https://www.valueforum.com/stocks/cgi/?a=detailed&ticker=$CR…

[faultcode]

so kann's auch gehen: "Philadelphia Energy Solutions to file for bankruptcy"

https://www.reuters.com/article/us-philadelphiaenergysolutio… (*)

PE-Carlyle Group hat PES einfach ausgesaugt: https://finance.yahoo.com/news/refiner-goes-belly-big-payout…
=>
...
PES has blamed its bankruptcy on environmental regulations that require all U.S. refiners to cover the costs of blending corn-based ethanol into the nation’s gasoline. But the ill-fated train terminal deal and other large payouts to investors played key roles in the refiner's collapse, according to filings and five current or former PES employees who were involved in the refinery's decision-making. The employees spoke to Reuters on condition of anonymity...


=> (*)
Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy, according to an internal memo reviewed by Reuters.

The bankruptcy would come six years after private equity firm Carlyle Group LP (CG.O) and Energy Transfer Partners LP’s Sunoco Inc rescued Philadelphia Energy Solutions from financial distress, in a deal that was supported by tax breaks and grants that saved thousands of jobs...


Oder man findet hier den Schuldigen - also auch Obama, zumindest indirekt:
...Part of the refiner’s financial troubles stem from a costly biofuels law called the Renewable Fuels Standard, which is administered by the Environmental Protection Agency and requires refiners to blend biofuels into the nation’s fuel supply every year, or buy credits from those who do.

Since 2012, Philadelphia Energy Solutions has spent more than $800 million on credits to comply with the law, making it the refiner’s biggest expense after the purchase of crude, according to the memo.
...
East Coast refiners have lower profit margins than other refineries across the country, largely because of a reliance on crude imports from West Africa and other markets...

[freddy1989]

Hallo hier mal das neuste zu der Firma die Gewinne sind wirklich TOP

http://www.mydividends.de/news/phillips-66-haelt-dividende-k…

[freddy1989]

Antwort auf Beitrag Nr.: 56.772.378 von faultcode am 19.01.18 19:12:21

Hallo weiss jemand wie der LPG Terminal läuft und wieviel Gewinn da hängen bleibt?

[faultcode]

Antwort auf Beitrag Nr.: 55.852.251 von faultcode am 29.09.17 16:32:08

USD105

Hmmh -- der Preis ist nun bereits den Erwartungen ganz gut angepasst mMn --> Laufen lassen:




--> ein "Value-"Schnäppchen ist das nicht mehr (z.Z. hohe Schulden -- aber Altman Z-Score mit 3.56 satt im Grünen, geringer FCF, EV-to-EBITDA 13.62, Forward PE Ratio 16.67)
Der (allgemeine) 3:2:1-Crack Spread passt aber soweit noch.

[faultcode]

Rekord-US-Exporte: nicht nur Rohöl - auch Benzin und Diesel in steigenden Mengen

https://www.bloomberg.com/news/articles/2017-12-12/u-s-fuels…

=>






Rohöl-Exporte 2017:



=> dahin:

[faultcode]

Oil refiners seen as winners in tax reform

4.12.:
https://seekingalpha.com/news/3316201-oil-refiners-seen-winn…

=>
a report from Piper Jaffray analysts that called the oil refining companies the “clear winners” from U.S. tax reform.
...
Unlike oil explorers and equipment providers that have struggled to generate positive cash flow, refiners have enjoyed fat margins and the group is in a stronger position to benefit from a lower corporate tax burden, Guy Baber, an analyst at Piper’s Simmons unit, tells Bloomberg.

=>
v.a. PBF - immer noch > 11% short (https://www.shortpainbot.com/?s=pbf) => und sie kaufen und kaufen...


=> ich hab zwar verstanden, warum die seinerzeit anfällige PBF geshortet wird - aber doch nicht so hoch! Irgendwie scheint das ein Makro-Ding seit 2008 zu sein, ausgewählte Aktien zu shorten, bevor der ganze Aktienmarkt fällt (als von mir unterstellte Annahme).

__
aus obiger Quelle z.Z.:
- VLO: <4% short
- PSX < 1.5% short
- MPC ~ 2.5% short
- ANDV ~ 2.5% short

=> das müssen sehr teure Shorts bislang gewesen sein.

=> d.h., kurstreibende Kraft, siehe PBF, sind auch Rückkäufe von Shorties. Wobei mMn hier < 1.5% wieder "Normalzustand" ist. Im Grunde werden ja die meisten (oder alle?) SP500-Unternehmen geshortet.