NEW YORK ( TheStreet) -- Shares of Alon USA Energy Inc (NYSE: ALJ) have taken a tremendous swing upward. The stock is trading at $9.39 as of 11:40 a.m. ET, 20.2% above Thursday's closing price of $7.81. Volume is at 628,236, two times the daily average of 308,000.

Alon USA Energy has a market cap of $427.1 million and is part of the basic materials sector and energy industry. Shares are up 27.9% year to date as of the close of trading on Thursday.

Alon USA Energy, Inc. operates as an independent refiner and marketer of petroleum products in south central, southwestern, and western regions of the United States. The company operates in three segments: Refining and Unbranded Marketing, Asphalt, and Retail and Branded Marketing.

TheStreet Ratings rates Alon USA Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, weak operating cash flow and poor profit margins. You can view the full Alon USA Energy Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.

Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.
null

If you liked this article you might like

Changes in Renewable Fuel Regulations in 2017 Could Impact Your Energy Investments

Changes in Renewable Fuel Regulations in 2017 Could Impact Your Energy Investments

Tesoro Continues M&A Streak With $6.4 Billion Deal for Western Refining

Tesoro Continues M&A Streak With $6.4 Billion Deal for Western Refining

Bullish and Bearish Reversals in the Market

Bullish and Bearish Reversals in the Market

Energy Sector Down After the Energy Information Administration reported Oil Inventory Build-up

Energy Sector Down After the Energy Information Administration reported Oil Inventory Build-up

Bullish and Bearish Reversals for the Week

Bullish and Bearish Reversals for the Week