Valero's (VLO +11.4%) "best quarter in years" is broadly lifting shares of other refiners: TSO...

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Whitehawk Comments (2967)
 
Gotta admit I didn't think this group could move higher - but it did. I bought RBOB instead, and am also making a profit.
29 Jan, 04:35 PM Reply Like

JohntheOld Comments (134)
 
Earlier this year the 'analysts' were talking about how refiners were so squeezed.. lowest profits in years...
Seems to me that some foolish company might even consider building a refinery to take advantage of the type and volume of crude being produced in America. Tax issues cannot be as high as terrorist and nationalization issues.
29 Jan, 05:23 PM Reply Like

chopchop0 Comments (1721)
 
Isnt that was DAL pretty much did?
30 Jan, 08:40 AM Reply Like

Macro Investor Comments (5770)
 
Hopefully this will spread some cracks.
29 Jan, 06:38 PM Reply Like

redarrow5150 Comments (487)
 
Gives a whole new meaning to a ticker symbol LUBE.
29 Jan, 10:32 PM Reply Like

littleboymaker Comments (55)
 
Refiner profitability is tied to its crude source and cost. East and West Coast do not have the same crude costs as the mid continent and Gulf Coast, hence different results. That's why alternative transport [RR Cars] east and west make financial $cents.

Note: Hess is closing their New Jersey refinery due to margin and upgrade $ issues. Not all refineries are created equal.

Long NTI, ALDW, CRVV, PSX & CLMT.
29 Jan, 08:12 PM Reply Like