Andeavor Logistics (NYSE:ANDX) is set to post its quarterly earnings results after the market closes on Thursday, February 15th. Analysts expect Andeavor Logistics to post earnings of $0.80 per share for the quarter.

Shares of Andeavor Logistics (NYSE ANDX) opened at $49.83 on Wednesday. Andeavor Logistics has a 1 year low of $42.18 and a 1 year high of $60.14. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 2.15. The company has a market capitalization of $10,700.00, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 3.08 and a beta of 1.23.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 14th. Shareholders of record on Wednesday, January 31st will be given a $1.00 dividend. The ex-dividend date of this dividend is Tuesday, January 30th. This represents a $4.00 dividend on an annualized basis and a yield of 8.03%. This is an increase from Andeavor Logistics’s previous quarterly dividend of $0.99. Andeavor Logistics’s payout ratio is currently 168.07%.

In other news, Director Jeff A. Stevens acquired 1,144 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The shares were purchased at an average price of $46.75 per share, for a total transaction of $53,482.00. Following the acquisition, the director now owns 2,229 shares of the company’s stock, valued at $104,205.75. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Steven Sterin acquired 1,400 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was purchased at an average price of $45.53 per share, for a total transaction of $63,742.00. Following the acquisition, the insider now directly owns 9,714 shares in the company, valued at approximately $442,278.42. The disclosure for this purchase can be found here. 0.15% of the stock is currently owned by insiders.

A number of equities research analysts have commented on the company. Zacks Investment Research upgraded Andeavor Logistics from a “sell” rating to a “hold” rating in a research report on Tuesday. Barclays reduced their target price on Andeavor Logistics from $57.00 to $55.00 and set an “overweight” rating on the stock in a research report on Friday, November 10th. BidaskClub upgraded Andeavor Logistics from a “strong sell” rating to a “sell” rating in a research report on Tuesday, November 7th. Citigroup began coverage on Andeavor Logistics in a report on Monday, January 22nd. They issued a “buy” rating and a $52.52 price objective on the stock. Finally, Jefferies Group boosted their price objective on Andeavor Logistics from $41.00 to $45.00 and gave the company a “hold” rating in a report on Monday, November 20th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $54.15.

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Andeavor Logistics Company Profile

Andeavor Logistics LP, formerly Tesoro Logistics LP, is a full-service logistics company operating in the western and mid-continent regions of the United States. The Company operates through three segments. Its Gathering segment consists of crude oil, natural gas and produced water gathering systems in the Bakken Region and Rockies Region.

Earnings History for Andeavor Logistics (NYSE:ANDX)

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