oil refiners
Demand for refined crude oil products will reach a peak in just over a decade and decline to levels lower than those set in the pre-pandemic year of 2019.
1 month ago
The best predictor of gasoline prices is oil prices. They almost always outweigh refinery costs, transportation costs and state gas taxes. Crude oil prices, which were $36 a barrel at the end of...
8 months ago
Moody's has upgraded its outlook on the oil refining and marketing sector from negative to positive for 2021. The upgrade is based on sharp improvements over a dismal 2020.
1 year ago
Phillips 66 will convert a San Francisco-area crude oil refinery to one that refines vegetable oils and animal fats into renewable diesel, jet fuel, and naphtha. The company will also shut down a...
1 year ago
Valero Energy stock may have retreated, but at least one research firm sees significant upside that, while less than optimistic, could still be considered positive.
1 year ago
Last Updated: 1 year ago
The analysts at Jefferies that cover the refining and midstream stocks took a bold step this week and upgraded some of the top companies in their coverage universe.
1 year ago
Oil refiner HollyFrontier announced plans to build a $350 million biodiesel plant, increase its dividend by 6% and boost its share buyback program.
1 year ago
Last Updated: 1 year ago
Elliott Management and Paul Singer have once again targeted oil refiner Marathon Petroleum for a breakup. Will the outcome be different from what happened a couple of years ago?
2 years ago
Last Updated: 1 year ago
These four top stocks are way down from 52-week highs. Three of them pay solid dependable dividends, and all offer investors a way to play the energy sell-off with a much lower risk profile.
2 years ago
Last Updated: 1 year ago
The Philadelphia oil refinery that exploded last week will be shut down by next month according to the city's mayor.
2 years ago
Last Updated: 1 year ago
Three early morning explosions at a refinery in Philadelphia caused only a few minor injuries but could push gasoline prices higher as the summer driving season approaches its peak.
2 years ago
Last Updated: 1 year ago
Exxon Mobil said this morning that profits in its downstream segment would take a couple of big hits from higher crude oil prices and losses in its derivatives trading.
2 years ago
Last Updated: 1 year ago
Chevron reported mixed quarterly results before the markets opened on Friday, but that was enough to please investors.
2 years ago
Last Updated: 1 year ago
Oil refiner Phillips 66 blew past estimates for both earnings and revenues. The company's secret: cheap Canadian crude that is only getting cheaper.
3 years ago
Last Updated: 1 year ago
The Fed's Beige Book release for September 12 included a lot of insight around the energy sector. The comments came from multiple regional Fed branches.
3 years ago
Last Updated: 1 year ago