Go to the list of all blogs
Jonathan Merton's Avatar
published in Blogs
Aug 14, 2023

The Oil Refining/Marketing segment ($CVX, $XOM, $CVI, $DK, $MPC, $HEP) Surge by +12.24%

The Oil Refining sector has experienced a significant increase of +12.24% in its performance over the past month.
Tickers in sector - $HEP$TRGP$PSX$PBF$UGP$NS$CVI, $XOM$CVX, $MPC$VLO.
Trend Trader, Long Only: Valuation & Hurst Model (TA&FA) -  Annualized Return +15%
Swing Trader, Long Only: Growth Model (Diversified)
 -  Annualized Return +13%


The Oil Refining/Marketing segment has experienced a remarkable surge of +12.24%, indicating a strong positive momentum in the market. This surge is underpinned by a range of indicators and metrics that suggest a favorable outlook for stocks within this sector. In this article, we delve into the important factors driving this surge and highlight key themes and notable tickers within the Oil Refining/Marketing segment.

Positive Outlook Supported by 15 Indicators

The Oil Refining/Marketing stocks are currently enjoying a positive outlook, as indicated by the 15 Indicator Stock Fear & Greed Index. This sentiment is further affirmed by Tickeron's positive outlook for this group, predicting a potential increase of over 4.00% within the next month with a likelihood of 73%. Moreover, the ratio of advancing to declining volumes over the last month was a strong 1.97 to 1, reflecting strong market interest in these stocks.

Momentum Indicator Reinforces Positivity

Six stocks within the Oil Refining/Marketing segment exhibit a similar positive trend according to the Momentum indicator, with an average likelihood of 73%. This alignment in momentum signals suggests a collective strength in the upward movement of these stocks.

Notable Companies

The most notable companies within the Oil Refining/Marketing group include Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), BP plc (NYSE:BP), MARATHON PETROLEUM Corp (NYSE:MPC), Phillips 66 (NYSE:PSX), Valero Energy Corp (NYSE:VLO), and Targa Resources Corp (NYSE:TRGP). These companies are pivotal in refining crude oil into various petroleum products and are significant players in the downstream operations of the oil business.

Theme Description

The Oil Refining/Marketing segment encompasses companies engaged in refining crude oil into various petroleum products and marketing these products to end-users. These businesses are positioned within the downstream operations of the oil industry, focusing on post-production processes. Notably, during periods of low oil prices, downstream businesses are relatively less affected or may even benefit, as their procurement costs for crude oil decrease. Some of the leading U.S. oil refining/marketing companies include Phillips 66, Marathon Petroleum Corporation, and Valero Energy Corp.

Market Capitalization Insights

The average market capitalization across the Oil Refining/Marketing Theme is $82.2 billion. Within this group, market caps range from $232.6 million to $447.7 billion. Exxon Mobil (XOM) boasts the highest valuation within this segment at $447.7 billion, while Targa Resources Corp (TREC) holds the lowest valuation at $232.6 million.

Price Growth Highlights

Across all stocks in the Oil Refining/Marketing Theme, the average weekly price growth is 2.19%. The monthly and quarterly average price growth rates are notably higher at 12.24% and 10.51%, respectively. The highest weekly price growth was experienced by HEP at 8.73%, while NS saw a decline of -10.18%.

Notable Price Movements

  • NuStar Energy (NS, $15.53) suffered a substantial weekly loss of -10.61%, signaling a potential downtrend reversal.
  • Chevron (CVX, $161.82) emerged as a top weekly gainer, surging by +5.46%.
  • BP (BP, $37.18) also exhibited strong growth, with a +5.27% jump in the same week.

Volume Dynamics

The average weekly volume growth for stocks within the Oil Refining/Marketing Theme stood at -10.49%. Over a monthly period, the average volume growth rate was -6.08%, while the average quarterly volume growth reached -39.83%.

Momentum Indicator Insights

  1. Exxon Mobil (XOM): The Momentum Indicator turned positive on August 10, 2023, signaling a potential new upward trend. Historical analysis indicates a 68% chance of a higher move following this indicator shift.

  2. CVI Positive Uptrend: CVI exhibited a +4.11% uptrend, growing for three consecutive days on July 31, 2023. This upward movement has an 80% likelihood of continuing.

  3. HEP's Bullish Moving Averages: HEP's 50-day moving average crossed bullishly above its 200-day moving average on July 11, 2023, suggesting a positive long-term signal for the stock's upward trajectory.


The surge of +12.24% in the Oil Refining/Marketing segment is driven by robust indicators and positive momentum across various stocks within the theme. The positive outlook, reinforced by the Momentum indicator and Tickeron's predictions, suggests a potential for continued growth. Notable companies like Exxon Mobil, Chevron, and BP are playing key roles in this segment's positive movement. Investors should closely monitor these trends for potential opportunities in the dynamic Oil Refining/Marketing sector.

Related Ticker: XOM, CVI, CVX, HEP, MPC, DK

XOM in downward trend: price expected to drop as it breaks its higher Bollinger Band on September 01, 2023

XOM broke above its upper Bollinger Band on September 01, 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for XOM moved out of overbought territory on September 15, 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 40 similar instances where the indicator moved out of overbought territory. In of the 40 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 67 cases where XOM's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where XOM 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 Momentum Indicator moved above the 0 level on August 29, 2023. You may want to consider a long position or call options on XOM as a result. In of 94 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 XOM just turned positive on August 30, 2023. Looking at past instances where XOM's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

The 50-day moving average for XOM moved above the 200-day moving average on September 14, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where XOM advanced for three days, in of 333 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 255 cases where XOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. XOM’s price grows at a higher rate over the last 12 months as compared to 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 78, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating 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 PE Growth Rating for this company is (best 1 - 100 worst), pointing to average 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 (best 1 - 100 worst) indicates that the company is slightly 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: XOM's P/B Ratio (2.331) is slightly higher than the industry average of (1.121). P/E Ratio (9.311) is within average values for comparable stocks, (17.108). Projected Growth (PEG Ratio) (1.768) is also within normal values, averaging (4.065). Dividend Yield (0.031) settles around the average of (0.101) among similar stocks. P/S Ratio (1.340) is also within normal values, averaging (1.245).

Notable companies

The most notable companies in this group are Exxon Mobil Corp (NYSE:XOM), Chevron Corp (NYSE:CVX), BP plc (NYSE:BP), Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (NYSE:PBR), Suncor Energy (NYSE:SU), YPF Sociedad Anonima (NYSE:YPF).

Industry description

Integrated oil companies are involved across nearly the entire oil value chain – from upstream operations like exploration and production, to downstream functions of refining and marketing. Exxon Mobil Corporation, Chevron Corporation and BP are major integrated oil companies. Their bottom lines’ response to crude oil prices could depend on the proportion of upstream vs. downstream businesses; for example, if a company has substantial downstream business, the adverse impact on their upstream business due to falling crude prices could be mitigated by benefits to its downstream business.

Market Cap

The average market capitalization across the Integrated Oil Industry is 59.79B. The market cap for tickers in the group ranges from 39.76K to 464.03B. XOM holds the highest valuation in this group at 464.03B. The lowest valued company is PGAS at 39.76K.

High and low price notable news

The average weekly price growth across all stocks in the Integrated Oil Industry was -0%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 13%. EIPAF experienced the highest price growth at 6%, while BNMV experienced the biggest fall at -12%.


The average weekly volume growth across all stocks in the Integrated Oil Industry was 10%. For the same stocks of the Industry, the average monthly volume growth was 24% and the average quarterly volume growth was -6%

Fundamental Analysis Ratings

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

Valuation Rating: 55
P/E Growth Rating: 54
Price Growth Rating: 46
SMR Rating: 44
Profit Risk Rating: 77
Seasonality Score: 17 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
Show details...
published price charts
A.I. Advisor
published General Information

General Information

a distributer of crude oil, natural gas and petroleum products

Industry IntegratedOil

Integrated Oil
5959 Las Colinas Boulevard
+1 972 940-6000
Interesting Tickers
1 Day
STOCK / NAMEPrice $Chg $Chg %
Dole plc
Pioneer Natural Resource Co
Lantheus Holdings
BigBearai Holdings

XOM and

Correlation & Price change

A.I.dvisor indicates that over the last year, XOM has been closely correlated with CVX. These tickers have moved in lockstep 88% of the time. This A.I.-generated data suggests there is a high statistical probability that if XOM jumps, then CVX could also see price increases.

Ticker /
1D Price
Change %
Closely correlated
Closely correlated
Closely correlated
Closely correlated
Closely correlated
Artificial intelligence (AI) technology is developing rapidly.Data mining can deliver raw numbers, but it does not necessarily provide actionable insights. Structure is necessary to taking abstract information and extracting commonalities, like averages, ratios, and percentages.
You have enough faith in that stock, based on research, that the return will equal or exceed the investment.  Do unto others.The principles outlined here will ensure that happens.  Principle #1: Diversification Investors can’t be one-dimensional when constructing a portfolio.
Some of the world’s biggest financial institutions have devoted multi-million dollar budgets to developing algorithms that can find patterns in the market, identify trends, and perform automated trading designed to take advantage of even the smallest price movements. The AI revolution is so big that as it stands today, the world’s five biggest hedge funds all use systems-based approaches to trade financial markets.Indeed, quantitative trading hedge funds now manage $918 billion (according to HFR), which amounts to 30% of the $3 trillion hedge fund industry – a percentage continues to grow with each year that passes.
Where smaller, more volatile companies can placate shareholders with higher returns, larger companies often use dividend payouts to entice new investors and hold their existing ones. These low-risk options may not work for every investment approach, but dividend-producing stocks can offer great benefits under the right circumstances – especially for portfolios built for the long-term.Beyond the ability to rely on these semi-regular payouts as an income stream – a strategy favored by retirees – dividends are an excellent vehicle for compounding earnings through reinvestment.
Artificial intelligence (AI) and fintech have an inherent compatibility that has become clearer as each sector has matured, with recent growth and successes on their own accord bringing new ideas about how they can work together.AI can analyze information at far greater quantities (and far more quickly) than any human, making it a natural fit to help fintech firms streamline and automate processes that benefit customers and businesses alike. Fintech has brought a revolution of convenience to the finance world.
You’ve set up your bitcoin wallet and have acquired some bitcoins, and now you’re ready to use them – what’s next?But be VERY careful to double- or triple-check that the address is correct – crypto transactions are irreversible, and a typo almost certainly means permanently losing the bitcoins you were trying to send. One way to avoid potential slip-ups is to scan a QR code (when available) for the destination address.
Mainstream acceptance has come in fits and starts, with regulatory approval proving hard to come by for a variety of reasons – not least of which the ever-present risk of theft via hacking or other means, which pose an especially large obstacle to attracting investment from mainstream institutions. Because crypto holdings are only accessible via a specific private key, they are susceptible to loss – literally, if the key is written on a piece of paper or a physical hard drive, methods of offline ‘cold storage’ – or through hacks if held in an online wallet.Reuters reports that over $800 million in crypto assets were stolen in the first half of 2018, creating justifiable concern for both owners and mainstream financial institutions alike. Some type of insurance coverage would potentially mitigate the risks inherent to owning crypto assets – if insurers are willing to play ball.
Don't fall prey to common financial traps that can derail your financial planning efforts. In this article, we highlight four traps to keep in mind, including the importance of refinancing rather than consolidating student loans and credit card debt, prioritizing debt repayment over investments, limiting news consumption, and understanding the true costs of buying a home. Learn how AI tools from Tickeron can help investors make informed decisions and achieve their investment objectives.
Paper wallets are extremely useful tools – beyond being one of the most popular and secure cold storage methods, they make it simple to transfer coins between owners.You can access the funds on your paper wallet by “sweeping” (or importing) them to either a live wallet (like Trezor or Exodus) or an exchange service (like Coinbase). Most services allow you to import them directly from your wallet’s private key, but there are two key exceptions.
Get ready to revolutionize your investment strategy! Discover 3 cutting-edge ways to get fresh and innovative investment ideas, and say goodbye to relying on unreliable sources like CNBC. From utilizing advanced AI tools to sharing your portfolio with trusted friends, these methods are sure to boost your investment game. So, what are you waiting for? Read on to find out how you can start generating new ideas today!
You’re a trader, not an investor. It’s important that you understand the difference before choosing an actual trading style. Traders perform their magic over shorter periods of time, sometimes within minutes or hours. Investors are more passive. They purchase equities and hold them for months or years, relying on a long-term return. Traders evaluate buys and sells based on technical analysis...
Looking to invest your money in the stock market? While leaving your money there for a few years can yield a ten percent return, real traders know that actively trading and using derivatives is the way to make a significant profit while minimizing risk. Derivatives are contracts between two parties that are based on the price of a financial asset, such as a stock or bond. The value of the...
Zoom (ZOM), the video conferencing giant, registered a three-day uptrend of +1.84%. Our proprietary AI trading bot identified an intraday gain of 6.75%, attributing it to robust market sentiment and promising growth indicators. This uptrend signals a potentially strong position for investors and stakeholders. A deeper analysis could provide crucial insights into the future performance of ZOM. Stay updated for further analytics and forecast from our AI tools.
The Swing Trader: Volatility Balanced Strategy (TA) AI trading robot has emerged as a remarkable performer. Operating within our robot factory, this trading algorithm has recently demonstrated its prowess by generating a notable gain of 3.74% while trading ZIM (ZIM Integrated Shipping Services Ltd) over the previous week. This article aims to delve into the technical analysis surrounding ZIM's recent performance and the potential for an impending price rebound.
AI trading robot, the Swing trader: Volatility Balanced Strategy (TA), has stood out as a performer in our robot factory. In the previous week, it achieved an impressive 3.78% gain while trading AFRM (Affirm Holdings Inc.), a notable stock in the market. In this article, we will delve into the technical analysis of AFRM's recent movements and explore the implications of its earnings results.
Among them, the Swing Trader: Volatility Balanced Strategy (TA) stands out as a top-performing AI trading robot. In the previous week, this robot demonstrated its prowess by generating an impressive 3.60% gain while trading NET (stock ticker symbol) – a remarkable achievement. This article delves into the reasons behind the success of Swing Trader, focusing on the positive Moving Average Convergence Divergence (MACD) indicator and the recent earning results of NET.
The Swing Trader: Volatility Balanced Strategy (TA), has caught our attention for its impressive performance. Last week, it generated a remarkable gain of 3.56% while trading RIOT, a prominent stock. In this article, we will delve into the analysis of RIOT's recent bearish trend and examine the company's earnings results, which exceeded expectations.
The Swing Trader: Volatility Balanced Strategy (TA) AI trading robot has emerged as a top performer in our robot factory, demonstrating exceptional performance and generating significant gains. In the previous week, this intelligent trading bot achieved a remarkable 3.56% gain while trading WKHS (Workhorse Group Inc.) - an achievement worth noting. Coupled with positive market indicators, WKHS presents an intriguing opportunity for potential future growth.
AI trading robot, known as "Swing trader: Volatility Balanced Strategy (TA)," has caught the attention of traders and investors alike. In the previous week, this AI robot, developed in our esteemed robot factory, demonstrated impressive performance by generating a gain of 3.51% while trading DKNG. This article will delve into the recent trading activity, the significance of the stock's upward trend, and analyze the latest earnings results of DKNG.
One such tool that has garnered attention is the AI trading robot known as Swing trader: Volatility Balanced Strategy (TA). This robot, developed in our esteemed factory, recently demonstrated its prowess by generating a notable 3.02% gain while trading CHPT (ChargePoint Holdings) over the previous week. While CHPT experienced a downward trend, the robot's performance and insightful analysis provide valuable insights for traders and investors alike.