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| Analysts' Targets | | Caris & Company | $16 | | Average | Thursday, July 10, 2008 | | Lehman Brothers | $7 | | Underweight | Tuesday, July 08, 2008 | | Deutsche Bank Securities | $18 | | Buy | Friday, March 07, 2008 | | BMO Capital Markets | $15 | | Outperform | | Friday, March 07, 2008 | Alon USA Energy, Inc., together with its subsidiaries, operates as an independent refiner and marketer of petroleum products primarily in the south central, southwestern, and western regions of the United States. The company has three segments: Refining and Marketing, Asphalt, and Retail. The Refining and Marketing segment refines crude oil into petroleum products, including gasoline, diesel, natural gas, jet fuel, petrochemical, and feedstock in its three sour and heavy crude oil refineries in Big Spring, Texas; and Paramount and Long Beach, California, as well as markets the refined products in Oklahoma. The Asphalt segment markets paving and roofing grades of asphalt, and performance-graded asphalts, emulsions, and cutbacks through its 12 refinery/terminal locations in Big Spring, Texas; Paramount, Long Beach, Elk Grove, Bakersfield, and Mojave, California; Willbridge, Oregon; Richmond Beach, Washington; Fernley, Nevada; and Phoenix, Flagstaff, and Fredonia, Arizona. This segment also owns a 50% interest in Wright Asphalt Products Company, LLC, which specializes in marketing patented tire rubber modified asphalt products. The Retail segment operates convenience stores that offer various grades of gasoline, diesel fuel, food products, tobacco products, non-alcoholic and alcoholic beverages, and general merchandise to the general public primarily under the 7-Eleven and FINA brand names. As of December 31, 2007, this segment owned and leased 307 convenience store sites located primarily in central and west Texas, and New Mexico. The company was founded in 2000 and is based in Dallas, Texas. Alon USA Energy, Inc. is a subsidiary of Alon Israel Oil Company, Ltd.
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ALJ:
This call was made
on 08/13/08
@ $9.88
| Rating: |
$9.88 (08/13/08)
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| Gain/Loss: |
+5.47%
in
149 days
|
| Target: |
$12.00
(+21.46%)
in Six months
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| Allocation: |
0.0% of portfolio
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