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Sep 12, 2023
Oil Refining/Marketing Sector Surges +4.18%: Buy Signals for $DK, $VLO, $MPC, $CVI, $SUN and More!

Oil Refining/Marketing Sector Surges +4.18%: Buy Signals for $DK, $VLO, $MPC, $CVI, $SUN and More!

A Glance at the Oil Refining/Marketing Sector: Not Just a Slick Move!

This article explores the recent market movements in the Oil Refining/Marketing sector, with an in-depth look into some key players in the industry. Using data from various market indicators, we aim to present a comprehensive view of the sector's performance.

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๐Ÿ’ผ Industry Description

Involved in downstream operations, the Oil Refining/Marketing sector refines crude oil into products like gasoline and diesel. Companies such as Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp are the giants here. When crude oil prices drop, companies in this sector can even see benefits as their purchase costs decrease.

Tickers in this Group:

DK - VLO - MPC - CVI - SUN - IEP - CLNE - SGU - UGP - PBF - PSX - DKL - VTNR - CAPL - AMTX - PARR - VVV - CSAN

๐Ÿ“Š Industry Highlights

The Oil Refining/Marketing segment has been witnessing notable growth. With a +4.18% increase in just a week, this sector is certainly making waves. This positivity is reflected in the Stock Fear & Greed Index as well, with Tickeron predicting a further 4.00% increase in the next month.

๐Ÿ’ผ Industry Description

Involved in downstream operations, the Oil Refining/Marketing sector refines crude oil into products like gasoline and diesel. Companies such as Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp are the giants here. When crude oil prices drop, companies in this sector can even see benefits as their purchase costs decrease.

๐Ÿ“ˆ Market Cap

The industry boasts an average market cap of 6.4B. Leading the pack is $MPC with a whopping 62.1B, while the underdog, $AMCF, stands at 107.7K.

๐Ÿ“‰ High and Low Price Notable News

Despite an average quarterly growth of 7.19%, the industry faced a monthly drop of -1.26%. However, $VTNR took everyone by surprise with a 14.57% surge, while $SPTJF saw a decline of -47.09%.

๐Ÿ”Š Volume

On the volume front, the industry observed an average weekly growth of 47.13%. However, there's been a drop of about -11.21% over the last quarter. Notable movements include the record-breaking daily growth for $COSAN SA and $PARR.

๐Ÿ“Š Fundamental Analysis Ratings

  • Valuation Rating: 55
  • P/E Growth Rating: 58
  • Price Growth Rating: 53
  • SMR Rating: 49
  • Profit Risk Rating: 73
  • Seasonality Score: -7 (-100 ... +100)

โœ… Ticker Descriptions

  1. $MPC
    • Has been on a roll with a +5.02% uptrend for three straight days as of September 08, 2023.
    • Chances for continued growth stand at 78%.
  2. $VLO
    • Enjoyed a +5.99% uptrend for three consecutive days on September 08, 2023.
    • Historically, in 76% of similar scenarios, further growth was witnessed in the following month.
  3. $CVI
    • A commendable +5.96% uptrend observed for three consecutive days on September 08, 2023.
    • Odds for continued growth: 80%.
  4. $IEP
    • The RSI Indicator suggests a shift from a downward trend to an upward trajectory.
    • Historically, 71% of similar RSI shifts resulted in upward movement.
  5. $PBF
    • With a +9.43% uptrend and three days of consistent growth, the future looks promising.
    • The odds stand at 83% for further escalation in the coming month.
  6. $PSX
    • A significant bullish signal was observed when the 50-day Moving Average crossed above the 200-day moving average.
    • This move suggests a shift towards a long-term upward trend.

The Oil Refining/Marketing sector has displayed significant market movements, and the highlighted tickers have shown promising trajectories. For investors and traders, it's crucial to keep these trends in mind while making informed decisions. The market always holds surprises, but with thorough analysis, the path becomes clearer.

ย 

Related Ticker: DK, VLO, MPC, CVI, SUN, IEP, CLNE, WKC, SGU, UGP, PBF, PSX, DKL, VTNR, CAPL, AMTX, PARR, VVV, CSAN, DINO

DK's RSI Oscillator sits in overbought zone for 1 day

Watch for a price pull-back in the near future.

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 3 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where DK declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

DK broke above its upper Bollinger Band on June 29, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on June 26, 2026. You may want to consider a long position or call options on DK as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for DK just turned positive on June 26, 2026. Looking at past instances where DK's MACD turned positive, the stock continued to rise in of 57 cases over the following month. The odds of a continued upward trend are .

DK moved above its 50-day moving average on June 24, 2026 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where DK advanced for three days, in of 294 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 55, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. DKโ€™s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (50.000) is normal, around the industry mean (44.701). DK has a moderately high P/E Ratio (93.067) as compared to the industry average of (28.479). DK's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.818). Dividend Yield (0.024) settles around the average of (0.062) among similar stocks. P/S Ratio (0.241) is also within normal values, averaging (0.446).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

Notable companies

The most notable companies in this group are Valero Energy Corp (NYSE:VLO), MARATHON PETROLEUM Corp (NYSE:MPC), Phillips 66 (NYSE:PSX).

Industry description

The Oil Refining/Marketing segment includes companies that refine crude oil into a number of petroleum products, including gasoline, jet fuel and diesel, and then sell the usable products to the end users. These companies are involved in whatโ€™s called downstream operations in the oil business. They also engage in the marketing and distribution of crude oil and natural gas products. In other words, the downstream oil and gas business is focused on post-production processes of crude oil and natural gas. When oil prices slump, downstream businesses are hurt less or in some cases even benefit, since their purchase cost of crude oil goes down. Some of the biggest U.S. oil refining/marketing companies include Phillips 66, Marathon Petroleum Corporation and Valero Energy Corp.

Market Cap

The average market capitalization across the Oil Refining/Marketing Industry is 15.22B. The market cap for tickers in the group ranges from 107.69K to 79.51B. VLO holds the highest valuation in this group at 79.51B. The lowest valued company is AMCF at 107.69K.

High and low price notable news

The average weekly price growth across all stocks in the Oil Refining/Marketing Industry was 3%. For the same Industry, the average monthly price growth was 4%, and the average quarterly price growth was 29%. CLNE experienced the highest price growth at 15%, while DLXY experienced the biggest fall at -11%.

Volume

The average weekly volume growth across all stocks in the Oil Refining/Marketing Industry was -30%. For the same stocks of the Industry, the average monthly volume growth was -29% and the average quarterly volume growth was -19%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 54
P/E Growth Rating: 57
Price Growth Rating: 46
SMR Rating: 65
Profit Risk Rating: 54
Seasonality Score: -7 (-100 ... +100)
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General Information

a provider of petroleum refining and logistics services

Industry OilRefiningMarketing

Profile
Details
Industry
Oil Refining Or Marketing
Address
310 Seven Springs Way
Phone
+1 615 771-6701
Employees
3591
Web
https://www.delekus.com
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