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Sep 12, 2023
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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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💼 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

📊 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.

💼 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.

📈 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.

📉 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%.

🔊 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.

📊 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)

✅ 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.

 

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 recovers from oversold territory

The RSI Oscillator for DK moved out of oversold territory on November 06, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 33 similar instances when the indicator left oversold territory. In 31 of the 33 cases the stock moved higher. This puts the odds of a move higher at 90%.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 10 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a +4.02% 3-day Advance, the price is estimated to grow further. Considering data from situations where DK advanced for three days, in 251 of 309 cases, the price rose further within the following month. The odds of a continued upward trend are 81%.

DK may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on October 27, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DK as a result. In 54 of 76 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 71%.

The Moving Average Convergence Divergence Histogram (MACD) for DK turned negative on October 22, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 59 similar instances when the indicator turned negative. In 42 of the 59 cases the stock turned lower in the days that followed. This puts the odds of success at 71%.

DK moved below its 50-day moving average on October 27, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for DK crossed bearishly below the 50-day moving average on November 03, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 75%.

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 50 of 62 cases within the following month. The odds of a continued downward trend are 80%.

The Aroon Indicator for DK entered a downward trend on November 10, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is 10 (best 1 - 100 worst), indicating very strong sales and a profitable 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.

The Tickeron Profit vs. Risk Rating rating for this company is 13 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 43, placing this stock better than average.

The Tickeron Price Growth Rating for this company is 43 (best 1 - 100 worst), indicating steady price growth. DK’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is 46 (best 1 - 100 worst), pointing to consistent 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 Valuation Rating of 93 (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 (20.996) is normal, around the industry mean (4.566). P/E Ratio (17.521) is within average values for comparable stocks, (10.639). Projected Growth (PEG Ratio) (0.140) is also within normal values, averaging (1.079). Dividend Yield (0.019) settles around the average of (0.067) among similar stocks. P/S Ratio (0.397) is also within normal values, averaging (0.549).

Notable companies

The most notable companies in this group are MARATHON PETROLEUM Corp (NYSE:MPC), Valero Energy Corp (NYSE:VLO), 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 what’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 20.38B. The market cap for tickers in the group ranges from 23.08K to 104.67B. MPC holds the highest valuation in this group at 104.67B. The lowest valued company is BERI at 23.08K.

High and low price notable news

The average weekly price growth across all stocks in the Oil Refining/Marketing Industry was 0%. For the same Industry, the average monthly price growth was -12%, and the average quarterly price growth was 15%. CLNE experienced the highest price growth at 17%, while CVI experienced the biggest fall at -20%.

Volume

The average weekly volume growth across all stocks in the Oil Refining/Marketing Industry was -13%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was 7%

Fundamental Analysis Ratings

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

Valuation Rating: 49
P/E Growth Rating: 66
Price Growth Rating: 52
SMR Rating: 49
Profit Risk Rating: 43
Seasonality Score: -35 (-100 ... +100)
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published General Information

General Information

a provider of petroleum refining and logistics services

Industry OilRefiningMarketing

Industry
Oil Refining Or Marketing
Address
310 Seven Springs Way
Phone
+1 615 771-6701
Employees
1902
Web
https://www.delekus.com
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Oil Refining/Marketing Sector Surges +4.18%: Buy Signals for $DK, $VLO, $MPC, $CVI, $SUN and More!