ANDV - Andeavor

Discussion in 'Stocks' started by Landonfisher, May 9, 2018.

  1. Even though ANDV reported better than expected Q1 earnings, its stock price still decreased 1.49%.

    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.

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

    How do you think about ANDV?