alphaomega

Refiners Finally Increase Margins

Have you considered what is called the "Crack spread", the bread and butter of how refiners make money? Why don't you draw a graph against that and the stock price. It will give a better idea on whether refiners are truly undervalued.
Also Gasoline futures prices have halfed from $3 to $1.75 with oil plumetting from 147 to 70.

FYI, please do not post such misinformed articles. A lot of other others on your site have written about this in great detail and given better insights.