🚀💹 Surging Ahead: $DK, $VLO, $MPC, $CVI, and $NS Lead Oil Marketing Sector with Impressive +11.31% Gain In 1M! 💹🚀
Oil has always been a hot topic in financial markets, given its significance in global economies and its considerable weight in many portfolios. The downstream segment, specifically oil refining and marketing, has witnessed some riveting shifts in recent times. Let's dive deep into this sector, examining the dynamics and performance of major players.
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Revving Up the Market: Unveiling the Tremendous +11.31% Surge in the Oil Marketing Sector 🚀🛢️
In a whirlwind of activity, the Oil Refining/Marketing sector has emerged as a star performer, marking a staggering +11.31% gain over the past month. This remarkable rally has investors buzzing with excitement as they eagerly analyze the forces driving this surge. From high-profile companies to market indicators, we're delving deep into this sector to decode the market dynamics and uncover the strategic movements behind this exhilarating rise.
Tickers of The Oil Refining/Marketing group:
$DK $VLO $MPC $CVI $NS $TGS $UGP $PBF $PSX and $TRGP.
Strategic Ticker Lineup: Power Players at the Helm
The sector's magnetic performance is led by a powerful group of tickers that have captured the market's attention with their outstanding gains and strong buy ratings. The notable tickers in this league include $MPC (Marathon Petroleum Corp), $VLO (Valero Energy Corp), $PSX (Phillips 66), $TRGP (Targa Resources Corp), and $NS (NuStar Energy LP). These market movers have been instrumental in shaping the sector's current landscape.
The Oil Refining/Marketing Description
The Oil Refining/Marketing segment comprises companies primarily focusing on converting crude oil into various petroleum derivatives and distributing them to the final consumers. This downstream sector sometimes finds itself in a beneficial position when oil prices dip due to the reduced crude acquisition costs. Giants in this realm include Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.
Market Cap
The collective market capitalization for the oil marketing theme stands at an impressive average of 18B. Within this space, $MPC is the undisputed leader with a whopping 59.9B, while on the other end of the spectrum, AE remains modest at 87.3M.
High and Low Price Notable News
Across the board, stocks in the oil marketing theme have seen a weekly price growth of 3.69%, a monthly surge of 10.43%, and a quarterly upturn of 9.09%. $PBF is the standout performer with a 10.17% uptick, while $NS has faced a decline, shrinking by 8.56%.
News Highlights:
- $NS: A significant dip of -10.61% for the week.
- $PSX: Stellar weekly gains, with a +6.13% surge.
- $DK: A drop of -6.53% marked the week.
Volume
In terms of trading volume, the average weekly volume growth has been -0.9%. However, looking at a monthly frame, there's been an impressive 21.67% increase, though a quarterly outlook paints a drearier picture with a -5.28% decline.
Volume Spotlights:
- $NS: A remarkable 202% jump from its 65-Day Volume Moving Average.
- $UGP: A record-breaking 297% leap over its 65-Day Volume Moving Average.
- $TRGP: Volume spikes to a stellar 230% of the 65-Day Volume Moving Average.
Fundamental Analysis Ratings
Delving into the nitty-gritty of the underlying fundamentals:
- Valuation Rating: 49
- P/E Growth Rating: 64
- Price Growth Rating: 30
- SMR Rating: 41
- Profit Risk Rating: 66
- Seasonality Score: -38
$CVI shows a promising trend, witnessing an uptrend for three consecutive days as of July 31, 2023. Such a pattern in the past has resulted in further growth 80% of the time.
Individual Stock Highlights
-
$DK - Delek US Holdings
Current Price: $36.59. An upward trajectory witnessed with a +22% Uptrend for the month. -
$VLO - Valero Energy Corp
A dominant figure in the refining space, though specific numbers weren't provided. -
$MPC - MARATHON PETROLEUM Corp
Market Cap leader with 59.9B, one of the major players in the sector. -
$CVI - CVR Energy
Three days of consecutive growth till July 31, 2023, paints a positive outlook. -
$NS - NuStar Energy LP
Price decline of -10.61% this week and a volume surge of 202%. -
$TGS - Transportadora de Gas del Sur SA
RSI Indicator suggests a potential shift from a downward to an upward trend. Current price at $12.29. -
$UGP - Ultrapar Participacoes SA
Significant volume growth at 297% of the 65-Day Volume Moving Average. -
$PBF - PBF Energy
Stands out with a 10.17% price growth. -
$PSX - Phillips 66
Celebrated a +6.13% weekly jump. -
$TRGP - Targa Resources Corp
Volume soared to 230% of the 65-Day Volume Moving Average.Strategic Ticker Lineup: Power Players at the Helm
The sector's magnetic performance is led by a powerful group of tickers that have captured the market's attention with their outstanding gains and strong buy ratings. The notable tickers in this league include $MPC (Marathon Petroleum Corp), $VLO (Valero Energy Corp), $PSX (Phillips 66), $TRGP (Targa Resources Corp), and $NS (NuStar Energy LP). These market movers have been instrumental in shaping the sector's current landscape.
Unlocking the Future: Exploring the Upside
As we dive into the intricate tapestry of the oil marketing sector, it becomes clear that this sector is a realm of opportunity. With notable players, upward momentum, and strategic indicators pointing toward a promising future, investors are poised to harness the potential of this thriving sector. So, buckle up and get ready to ride the tides of the oil marketing sector's gains, as we unravel the factors driving this incredible journey! 🚗🛢️ With major players like $MPC, $PSX, and $VLO at the helm, and the underlying fundamentals painting a mixed but generally positive picture, investors would do well to keep an eye on this segment. The numbers and new points discussed give us a comprehensive view of the sector's current health and trajectory.
DK in downward trend: price may drop because broke its higher Bollinger Band on September 07, 2023
DK broke above its upper Bollinger Band on September 07, 2023. 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. The A.I.dvisor looked at 41 similar instances where the stock broke above the upper band. In of the 41 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The 10-day RSI Indicator for DK moved out of overbought territory on September 13, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 30 similar instances where the indicator moved out of overbought territory. In of the 30 cases, the stock moved lower in the following days. This puts the odds of a move lower at .
The Momentum Indicator moved below the 0 level on September 22, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on DK as a result. In of 82 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for DK turned negative on September 22, 2023. 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 51 similar instances when the indicator turned negative. In of the 51 cases the stock turned lower in the days that followed. This puts the odds of success at .
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 .
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The 50-day moving average for DK moved above the 200-day moving average on August 21, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where DK advanced for three days, in of 268 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 208 cases where DK Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Fundamental Analysis (Ratings)
The Tickeron Price Growth Rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (2.027) is normal, around the industry mean (7.021). P/E Ratio (6.187) is within average values for comparable stocks, (15.783). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.925). Dividend Yield (0.030) settles around the average of (0.056) among similar stocks. P/S Ratio (0.113) is also within normal values, averaging (0.673).
The Tickeron PE Growth Rating for this company is (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 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.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DK’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
General Information
a provider of petroleum refining and logistics services
Industry OilRefiningMarketing
DK and
Correlation & Price change
A.I.dvisor indicates that over the last year, DK has been closely correlated with VLO. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if DK jumps, then VLO could also see price increases.