L Loews Corp.

All L filings Filing statistics SEC

Loews Corp. is a holding company, which engages in the oil and gas business. It operates through the following segments: CNA Financial, Diamond Offshore, Boardwalk Pipeline, Loews Hotels and Corporate. The CNA Financial segment offers property, casualty, insurance, and underwriting services. The Diamond Offshore segment manages drilling rigs. The Boardwalk Pipeline segment transports and stores natural gas and natural gas liquids. The Loews Hotels segment operates restaurants and chain of hotels. The Corporate segment includes investment income and interest expenses. The company was founded by Laurence A. Tisch and Preston Robert Tisch in 1954 and is headquartered in New York, NY.

Company profile

Ticker

Exchange

NYSE

Website

www.loews.com

CEO

James S. Tisch

Incorporated in

Delaware

Location

New York

Fiscal year end

Dec 31

Sector

Finance > Property/Casualty Insurance

Industry (SEC)

Fire, Marine & Casualty Insurance

American International • Chubb • CNA Financial • American Financial • Berkshire Hathaway • The Travelers Cos., Inc. • Allstate • Hartford Financial Services • Progressive • Arch Capital ...

SEC CIK

0000060086

Corporate docs

Articles of Incorporation & Bylaws

IRS number

132646102

L stock data

S&P 500

1M 1Y 2Y 5Y

Investment data

Data from SEC filings

Top 50 of 103 holdings by value End of quarter 30 Sep 19	Value	Shares Held or Principal Amt	Prev Q	Change %, QoQ
CNA Cna Finl Corp	$11.95B	242.65M	242.65M	0
DO Diamond Offshore Dri	$406.54M	73.12M	73.12M	0
GE General Electric Co	$26.82M	3M	3M	0
MPC Marathon Pete Corp	$24M	395K	443K	-10.8
BMY Bristol Myers Squibb	$23.33M	460K	370K	+24.3
CMCSA Comcast Corp New	$20.74M	460K	485K	-5.2
KML Kinder Morgan Inc De	$20.61M	1M	1M	0
LYB Lyondellbasell Indus	$19.33M	216.1K	213.55K	+1.2
CI Cigna Corp New	$19.19M	126.4K	161.4K	-21.7
WDC Western Digital Corp	$17.89M	300K	428K	-29.9
GOLD Barrick Gold Corpora	$16.57M	955.85K	965.51K	-1.0
MSFT Microsoft Corp	$14.33M	103.1K	113.1K	-8.8
JPM Jpmorgan Chase & Co	$13.89M	118K	169K	-30.2
LKQ LKQ Corp	$13.84M	440K	400K	+10.0
SPDR S&P 500 Etf TR	$13.06M	44K	70K	-37.1
GOOGL Alphabet Inc	$12.33M	10.1K	11.1K	-9.0
HTZ Hertz Global HLDGS I	$12.03M	869.47K	1.03M	-15.6
BERY Berry Global Group I	$11.98M	305K		NEW
HCA Hca Healthcare Inc	$11.44M	95K	100K	-5.0
USFD Us Foods HLDG Corp	$11.3M	275K	388K	-29.1
IHRT Iheartmedia Inc	$10.88M	725K		NEW
Dupont De Nemours In	$10.22M	143.35K	159.2K	-10.0
CSCO Cisco Sys Inc	$10.13M	205K	220K	-6.8
BAC Bank Amer Corp	$9.56M	327.58K	457.58K	-28.4
GM General MTRS Co	$8.7M	232.06K	333.06K	-30.3
JEC Jacobs Engr Group In	$7.78M	85K	150K	-43.3
AVYA Avaya HLDGS Corp	$7.16M	700K	625K	+12.0
AGI Alamos Gold Inc New	$6.6M	1.14M	1.14M	0
LAUR Laureate Education I	$6.22M	375K	500K	-25.0
ADNT Adient PLC	$5.74M	250K	365K	-31.5
FLEX Flex LTD	$5.23M	500K	830K	-39.8
CMLS Cumulus Media Inc	$4.64M	319.3K		NEW
CVS CVS Health Corp	$4.42M	70K	80K	-12.5
INGR Ingredion Inc	$4.28M	52.4K		NEW
AGI Asanko Gold Inc	$3M	3.23M	3.23M	0
C Citigroup Inc	$2.64M	38.22K	39.31K	-2.8
VGZ Vista Gold Corp	$2.43M	3.2M	3.2M	0
IAG Iamgold Corp	$2.37M	694.76K	694.76K	0
INFN Infinera Corporation	$2.34M	430K	430K	0
SSRM SSR MNG Inc	$2.33M	160.26K	160.26K	0
WAB Wabtec Corp	$1.59M	22.17K	22.86K	-3.0
PG Procter & Gamble Co	$1.24M	10K	10K	0
NEM Newmont Goldcorp Cor	$1.24M	32.8K	32.8K	0
EGO Eldorado Gold Corp N	$1.23M	158.4K	158.4K	0
DIS Disney Walt Co	$806K	6.18K	6.18K	0
CVA Covanta HLDG Corp	$794K	45.9K	41.91K	+9.5
DAL Delta Air Lines Inc	$640K	11.11K	11.11K	0
CSX CSX Corp	$537K	7.75K	10.35K	-25.1
PFE Pfizer Inc	$509K	14.16K	20.58K	-31.2
ADI Analog Devices Inc	$508K	4.55K	4.55K	0

Loews holdings history Holdings history

Holdings list only includes long positions. Only includes long positions.

Company financial data Financial data

Chart L financial data

Quarter (USD)	Sep 19	Jun 19	Mar 19	Dec 18
Revenue	3.68B	3.62B	3.76B	3.29B
Net income	72M	249M	394M	-165M
Diluted EPS	0.24	0.82	1.27	-0.5
Net profit margin	1.96%	6.87%	10.49%	-5.02%
Net change in cash	2M	101M	-66M	-166M
Cash on hand	442M	440M	339M	405M
Cost of revenue	278M	263M	260M	247M

Annual (USD)	Dec 18	Dec 17	Dec 16	Dec 15
Revenue	14.07B	13.74B	13.11B	13.42B
Net income	636M	1.16B	654M	260M
Diluted EPS	1.99	3.45	1.93	0.72
Net profit margin	4.52%	8.47%	4.99%	1.94%
Operating income*			1.41B	737M
Net change in cash	-67M	145M	-113M	76M
Cash on hand	405M	472M	327M	440M
Cost of revenue	923M	299M	271M

Financial data from Loews earnings reports. *Asterisk values are approximate.

Financial report summary

Management Discussion

Net income attributable to Loews Corporation decreased $204 million for the three months ended September 30, 2019 as compared with the 2018 period. Net income decreased primarily as a result of a $216 million charge ($151 million after tax and noncontrolling interests) related to the recognition of a premium deficiency as a result of the third quarter gross premium valuation (“GPV”) in the long term care business and unfavorable net prior year loss reserve development in the current year period.

Content analysis ?

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: acquisitionssince, andnet, assist, assisted, avorable, bodily, completethree, comply, contemplating, death, delivery, developmentin, deviation, Divestiture, Dorian, exact, external, flowsare, force, fundamental, goodwill, granted, hasapproved, health, heard, home, incorporating, injury, Investor, living, London, normative, nursing, ofBoardwalk, Page, reinvestment, rolling, size, slight, stable, threat, tort, trial, uncontracted, unknown, unlocked, unlocking, unsecured, vendor

Removed: choosing, coverage, downtime, lieu, line, order, retired, termination, uncertain

From filing 10-Q 2019 Q3