MARKET COMPOSITE
Market TodayThemes and Stocks SummaryThematic Stock SearchCrypto SummaryFAQAbout
Oil Refining/Marketing Stocks$170.38
1.79%4:00PM 01/26/2023
The list of companies include AE-Adams Resources & Energy Inc., CVI-CVR Energy Inc, DK-Delek US Holdings Inc, MPC-Marathon Petroleum Corp, NS-Nustar Energy L P, PARR-Par Pacific Holdings Inc, PBF-PBF Energy Inc, PSX-Phillips 66, TRGP-Targa Resources Corp, VLO-Valero Energy Corp.
Latest intraday update before market close @ 19:45:36 PM 01/27/2023
Summary :
Average return is down -1.8%
Median return is down -1.9%
1 out of 13 stocks are up (limited to those with intraday pricing feeds).

Aggregated price index

Aggregated price index with volume information

Summary:

  • The momentum of the sector is very strong.
  • Oil Refining/Marketing stocks up 1.8% on average while median return up 1.8% in a day
  • Oil Refining/Marketing stocks up 6.2% on average while median return up 6.8% in a week
  • Oil Refining/Marketing stocks up 15.9% on average while median return up 10.3% in a month
  • When average return is significantly different from median return, this implies an asymmetry - composite return is driven by some outliners.

Aggregated price index (close) is based on equal weighted constituencies returns. Average short volume and average total volumes are averaged across all volume data among constituencies.

Related Stocks

Click on + to show price series and click on ticker for stock detail page

Ticker
1 Day Return
1 Week Return
1 Month Return
PE Ratio
PE/G
P/B (mrq)
P/S (ttm)
Earning Growth
MarketCap
Short %
Held By Institutions %
RSI
Price Pattern
Resist Support
Days Since Channel Change
Channel Slope (daily rate %)
VLO4.6%
8.3%
20.6%
6.42-5.021.750.5357.8B2%79%75\/Above resistance1590.1%
MPC4.3%
9.8%
17.6%
6.25-3.131.780.5563.4B4%79%78\/Above resistance1590.2%
CVI4.1%
7.9%
12.0%
10.570.411.780.413.6B5%94%65-/-1330.0%
PBF3.8%
11.4%
10.5%
2.36-3.861.130.125.6B16%71%65\/3180.7%
DK2.5%
2.8%
-0.5%
0.281.680.191.9B4%93%57\/\/3180.2%
PSX2.4%
6.8%
7.3%
4.98-2.12.050.5752.7B2%72%69\/-/850.2%
PARR1.8%
13.6%
27.7%
0.23.320.331.7B4%93%78\/-/Above resistance1590.4%
WES1.6%
2.7%
10.3%
10.41-2.393.123.2910.9B2%41%60\/-1590.1%
TRGP1.0%
1.6%
3.7%
64.454.354.401.1117.2B1%87%59\/-At resistance1590.0%
NS0.4%
2.5%
10.3%
0.454.531.381.9B4%60%62\/-159-0.0%
UGP0.0%
4.4%
3.6%
22.660.450.05-18%2.9B3%59\/\318-0.0%
AE-0.8%
-2.9%
23.7%
0.790.12119.2M4%42%69/\/At resistance630.7%
TGS-2.5%
12.0%
5.4%
0.010.01-20%796.6M10%55\-/At resistance1590.5%

* P/E and MarketCap are refreshed daily using IEX Cloud service. P/B, P/S, PEG, growth, short%, HelbyInstitute are refreshed weekly using Yahoo feeds. For latest stock stats please visit Yahoo Finance.

* Price Patter: / is upward trend, \ is downward trend, - is sideway. Click on the ticker to go to stock page to see Bayesian Trend model plot of the time series.

* Channel and change points are derived from Bayesian Trend model, where the channel slope is the growth rate while change points are those the model partition the time series.

Related ETFs (click on ticker for stock detail page)

leak data

  • 1M winners are : Winners for past month are $PARR 27.7%, $AE 23.7%, $VLO 20.6%, $MPC 17.6%, $CVI 12.0%
  • 1M losers are : Losers for past month are $DK -0.5%
  • 1W winners are : Winners for past week are $PARR 13.6%, $TGS 12.0%, $PBF 11.4%, $MPC 9.8%, $VLO 8.3%
  • 1W losers are : Losers for past week are $AE -2.9%
Pick two stocks to compare:

Correlation Analysis

Index correlation analysis

Correlation for the past month is 34.2%, for the past 3 months is 33.9%

In the past month for a 5 days rolling window, the highest corrrelation is 64.8%, the lowest correlation is -1.1%, the latest correlation is 9.2%

When a correlation deviated from the normal level and goes lower or even negative, it indicates some of stocks have deviated from the normal direction of the group. The deviation could reverse if long term level of correlation was at a higher level. It creates trading opportunities and deserves study whether the deviation is idiosyncratic or systematic.

Among pairwise correlation, the highest correlation is 90.3% between MPC and VLO

The lowest correlation is -42.8% between PBFX and UGP

Stock news

    01/26/2023PSX
    Phillips 66 Looks Like It's on the Right Route

    Integrated energy company Phillips 66 is scheduled to report latest quarterly numbers on Tuesday. In this daily bar chart of PSX, below, I can see a strong rally from late September. PSX corrected into December and has resumed the advance.

    01/26/2023VLO
    Valero Can Keep Pumping Profits

    American refiners had an exceptional 2022. Low natural gas prices and a Russian product ban show conditions still look favorable.

    01/26/2023PBF
    Top Small-Cap Stocks

    Top stocks include Target Hospitality, Madrigal Pharmaceuticals, and TransMedics Group, which soared more than 300% in the past year while the Russell 2000 Index lost a 10th of its value.

    01/26/2023VLO
    Valero Energy (VLO) Q4 Earnings & Revenues Beat Estimates

    Increased refinery throughput volumes and a higher refining margin aid Valero Energy's (VLO) Q4 earnings.

    01/26/2023PBF
    Is Trending Stock PBF Energy Inc. (PBF) a Buy Now?

    Zacks.com users have recently been watching PBF Energy (PBF) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

    01/26/2023PARR
    Valero Energy (VLO) Q4 Earnings and Revenues Surpass Estimates

    Valero Energy (VLO) delivered earnings and revenue surprises of 13.42% and 2.04%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

    01/26/2023MPC
    15 Most Undervalued Large Cap Stocks To Buy According To Hedge Funds

    In this article, we discuss 15 most undervalued large cap stocks to buy according to hedge funds. If you want to see more stocks in this selection, 5 Most Undervalued Large Cap Stocks To Buy According To Hedge Funds. Large cap stocks are preferred by investors because they are typically well-established companies with a strong […]

    01/26/2023MPC
    Can Marathon (MPC) Q4 Earnings Maintain the Beat Streak?

    High refining margins are likely to have boosted Marathon Petroleum's (MPC) profit levels in the fourth quarter.

    01/26/2023VLO
    UPDATE 3-Valero expects margins to stay high after profit beats estimates

    Valero Energy Corp said product margins will stay elevated after it zoomed passed Wall Street estimates for quarterly profit on Thursday, wrapping up the refiner's best year on record, boosted by higher demand for fuel amid tight crude supplies. "Looking ahead, we expect low product inventories and continued increase in product demand to support margins, particularly for U.S. coastal refiners," Chief Executive Officer Joseph Gorder said on a call with analysts. Valero's refineries operated at ...

    01/26/2023VLO
    Valero Energy Reports 2022 Fourth Quarter and Full Year Results

    SAN ANTONIO, January 26, 2023--Valero Energy Corporation (NYSE: VLO, "Valero") today reported net income attributable to Valero stockholders of $3.1 billion, or $8.15 per share, for the fourth quarter of 2022, compared to $1.0 billion, or $2.46 per share, for the fourth quarter of 2021. Excluding the adjustments shown in the accompanying earnings release tables, adjusted net income attributable to Valero stockholders was $3.2 billion, or $8.45 per share, for the fourth quarter of 2022, compared