Valero – A closer look $VLO
By David Sexton Valero recently announced its fourth quarter earnings and also released a presentation it made at the recent Credit Suisse Energy Summit in Vail. Its stock did extremely well last year and has had a good 2013 so far and currently trades near its 52 week high. Given its recent performance, a closer … Read more
U.S. Refiners See Higher Earnings, Boast Potential For Sustained Dividend Growth $COP $CVX $MPC $PSX $VLO $XOM
By Michiel van Dijk A number of refiners and integrated oil companies recently reported strong financial performance in the previous quarter, with significant expansions in refining margins. The boom in unconventional oil shale output in North America has providing opportunities for some U.S.-based refiners to substitute their higher-priced imported oil for lower-cost domestic oil, which … Read more
Valero Crushes Estimates And Shares Are Heading Higher $VLO
By Bret Jensen Refiner stocks were a stand out performer in 2012 and it looks like their run will continue into the early part of 2013. Valero Energy (VLO) became just the latest refiner to report earnings that blew away estimates. I profiled the stock for the first time back in March and have owned … Read more
Outlook 2013: Refiners Are Still In The Sweet Spot $HFC $TSO $VLO
By Bret Jensen Refiners had a stellar year in 2012. Consistently wide crack spreads allowed these companies to produce robust profits, increase dividends and grow operating cash flow substantially. Most stocks in the sector wound up more than 50% in the year as a result. The huge amount of oil production coming from the shale … Read more
Refining Your Choices For Portfolio Additions $ALJ $DK $HFC $TSO $VLO
If you haven’t taken a look at refining stocks recently you are missing out. We have a few that can fulfill most investors needs whether you like growth or dividends. Which is why we continue to feature most of the stocks on this list. Traditionally, refining stocks have been the despised children of the energy … Read more
