Basic Materials Sector Research : AKS, VLO, HFC, ANR

New York, NY -- (SBWIRE) -- 03/13/2013 -- AK Steel Holding Corporation(NYSE:AKS) is lower 0.93% and is trading at $3.73. AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly owned subsidiary, AK Steel Corporation (AK Steel). The Company’s operations consist of seven steelmaking and finishing plants located in Indiana, Kentucky, Ohio and Pennsylvania that produce flat-rolled carbon steels, including coated, cold-rolled and hot-rolled products, and specialty stainless and electrical steels that are sold in sheet and strip form.

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Shares of Valero Energy Corporation (NYSE:VLO) rallied in Tuesday's trading session. The stock closed 4.19% higher at $45.55 on above average volume of 14.82 million. Despite the rally yesterday, Valero Energy's shares have fallen more than 2% in the last three sessions. The company's shares have had an excellent run in 2013, outperforming the broad market. Year-to-date, the stock has now gained more than 33%. Its shares are currently facing resistance at around $48. Recent volume activity suggests that market sentiment may have turned bearish on the stock.

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HollyFrontier Corp (NYSE:HFC) opened at 54.94 on Wednesday. HollyFrontier Corp has a 1-year low of $28.05 and a 1-year high of $59.20. The stock’s 50-day moving average is currently $53.83. The company has a market cap of $11.137 billion and a price-to-earnings ratio of 6.52.

HollyFrontier Corp last announced its earnings results on Tuesday, February 26th. The company reported $2.03 earnings per share for the quarter, missing the analysts’ consensus estimate of $2.26 by $0.23. The company had revenue of $5.15 billion for the quarter, compared to the consensus estimate of $4.93 billion. During the same quarter in the previous year, the company posted $1.06 earnings per share. The company’s revenue for the quarter was up 3.5% on a year-over-year basis. Analysts expect that HollyFrontier Corp will post $7.07 EPS for the current fiscal year.

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Alpha Natural Res (NYSE:ANR) reported EPS of -11.065. For the Current Fiscal year, the company is expected to report EPS of -2.16. For the Next Quarter and Next Year, the company is expected to report EPS of -0.59 and -1.22 respectively. At Current Market Price, ANR is in distance of -6.33% from its 50-day Moving Average price of $8.6577 and -1.69% from its 200-day Moving Average price of $8.249.

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