Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Seven & i Holdings Co., Ltd.    3382   JP3422950000

SEVEN & I HOLDINGS CO., LTD.

(3382)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Marathon posts smaller loss than feared, points to improved demand

share with twitter share with LinkedIn share with facebook
08/03/2020 | 02:12pm EDT
A Marathon Petroleum banner covers an Andeavor sign outside the El Paso refinery in El Paso

U.S. oil refiner Marathon Petroleum Corp posted a smaller-than-expected quarterly loss on Monday, hours after announcing a big financial boost from the $21 billion sale of its Speedway gas stations to Japan's Seven & i.

A plunge in global oil prices in April due to the COVID-19 pandemic had hammered refiners, but demand for gasoline and other products is now recovering from the collapse.

The demand recovery helped Marathon post a smaller adjusted loss of $868 million, or $1.33 per share, for the second quarter, compared with analysts' estimate of a $1.75 loss.

Shares of the company rose 6% after Marathon said it would use the proceeds from the Speedway deal to strengthen its balance sheet and return cash to shareholders. Investors had been worried about the refiner's large debt due over the next five years.

About half of the company's $32 billion in total debt is outstanding through 2025, according to Refinitiv Eikon data, and it generated just $172 million in operating cash flow in the second quarter.

The Speedway sale, agreed at a price just a billion below what Seven & i reportedly rejected in March, is one of the biggest this year and is expected to close in the first quarter of 2021.

Last week, rival refiners Valero Energy Corp and Phillips 66 posted better results than analysts had feared, citing a recovery in fuel demand.

However, analysts warn that the uptick in demand is under threat from a resurgence in cases across the United States.

"Demand for our products and services continues to be significantly depressed, particularly across the West Coast and Midwest," Marathon Chief Executive Michael Hennigan said.

(Reporting by Shradha Singh in Bengaluru; Editing by Shinjini Ganguli)


Stocks mentioned in the article
ChangeLast1st jan.
LONDON BRENT OIL 0.52% 40.67 Delayed Quote.-37.71%
MARATHON PETROLEUM CORPORATION -1.43% 28.19 Delayed Quote.-52.53%
MPLX LP 1.13% 17.06 Delayed Quote.-33.74%
PHILLIPS 66 -2.22% 47.07 Delayed Quote.-56.79%
SEVEN & I HOLDINGS CO., LTD. -1.82% 3342 End-of-day quote.-16.51%
VALERO ENERGY -3.24% 38.26 Delayed Quote.-57.78%
WTI 0.87% 38.915 Delayed Quote.-36.11%
share with twitter share with LinkedIn share with facebook
All news about SEVEN & I HOLDINGS CO., LTD.
10/09Japan stocks post biggest weekly gain in 2 months on U.S. stimulus hopes
RE
10/08Japan stocks head for weekly gain on U.S. stimulus hopes
RE
10/08SEVEN & I : Japan's Seven & i sees signs of recovery from pandemic
RE
10/05SEVEN & I HOLDINGS CO., LTD. : half-yearly earnings release
09/29Marathon Petroleum, top U.S. refiner, begins widespread job cuts
RE
09/28SoftBank brings food service robot to labour-strapped Japan
RE
09/24SEVEN & I : Slurpees For Everyone! 7-Eleven Beats Franchisee Misclassification S..
AQ
09/02LAWSON : Japan regulator tells convenience stores to stop forcing 24-hr rule on ..
RE
08/28SEVEN & I HOLDINGS CO., LTD. : Ex-dividend day for interim dividend
FA
08/25Japan's Itochu boosts FamilyMart stake despite criticism over offer
RE
More news
Financials
Sales 2021 5 891 B 56 204 M 56 204 M
Net income 2021 142 B 1 359 M 1 359 M
Net cash 2021 523 B 4 986 M 4 986 M
P/E ratio 2021 21,1x
Yield 2021 2,90%
Capitalization 3 006 B 28 660 M 28 673 M
EV / Sales 2021 0,42x
EV / Sales 2022 0,42x
Nbr of Employees 57 270
Free-Float 83,2%
Chart SEVEN & I HOLDINGS CO., LTD.
Duration : Period :
Seven & i Holdings Co., Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SEVEN & I HOLDINGS CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 13
Average target price 4 407,69 JPY
Last Close Price 3 404,00 JPY
Spread / Highest target 76,3%
Spread / Average Target 29,5%
Spread / Lowest Target 5,76%
EPS Revisions
Managers
NameTitle
Ryuichi Isaka President & Representative Director
Yoshimichi Maruyama General Manager-Finance & Accounting
Katsuhiro Goto Representative Director & Executive Vice President
Junro Ito Director & Managing Executive Officer
Kimiyoshi Yamaguchi Director & General Manager-Corporate Communication
Sector and Competitors
1st jan.Capitalization (M$)
SEVEN & I HOLDINGS CO., LTD.-14.96%28 904
WALMART INC.21.05%407 635
ALIMENTATION COUCHE-TARD INC.4.46%36 481
SM INVESTMENTS CORPORATION-5.94%24 133
AVENUE SUPERMARTS LIMITED15.13%18 572
COLES GROUP LIMITED15.30%16 308