Oil Refiners Profit Boosts

Refiners Utilize Exports for Extra Profit

Photo Credit.

Oil refiners have seen some grat profits in the past. It looks like they are at it again, and working hard to incrase thoe profits. What companies are stepping up their game? Let’s look to Paul Ausick for the answers.

Marathon’s shares have risen by more than 7% in the past 12 months. The company’s consensus target price is $51 and the shares are trading today at $41.85, yielding a potential upside of almost 22%. Marathon gets about 70% of its crude from the US and Canada, which is undoubtedly the reason its shares have jumped nearly 26% since the beginning of the year.

MRO

Tesoro’s shares are up nearly 16% in the past 12 months. The company’s consensus target price is $30.77 and the shares are trading today at $26.64, for an implied gain of 15.5%. Since the beginning of the year, Tesoro’s shares have gained 14%.

TSO

HollyFrontier’s shares are up almost 18% over the past 12 months. The company’s consensus target price is $35.69 and shares are trading at $32.72 today, for a potential gain of 9%. Since the beginning of the year, shares are up nearly 40%. HollyFrontier stock appears to be fully valued, but if the differential between Brent and WTI crudes should widen, the company’s share price could climb right past the current target.

HFC

 

If you are a fan of refiners, these stocks might want to look into. Do your proper research, because it could really pay off.

Quotes taken from report by Paul Ausick, Read the entire article here.

This is not an offer to buy or sell securities. Oil investment carries with it very high risks. The information contained within this site has not been nor will it be verified by Turn Key Oil and is subject to change at any time. We are not a United States Securities Dealer or Broker or United States Investment Adviser. Do your own due diligence and consult with a licensed professional before making any investment decisions. Please read our full disclaimer before making any decisions.

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