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You hold ExxonMobil (XOM) alongside index funds, and in the last five sessions, the stock rose 2.7% as the S&P 500 fell 1.0%. You already own the market's risk through those funds, so a large ExxonMobil position is either more of it or an offset. Is ExxonMobil stock increasing your market risk.
A number of stocks jumped in the pre-market session after crude oil prices jumped following President Donald Trump’s rejection of an Iranian proposal to reopen the Strait of Hormuz.
CVR Energy, Solaris Lead Powerful Energy Stock Rally as September Ends
In response to a question from a Fox News reporter on Sunday about a diesel ban, Trump said, “Well, we're thinking about it very seriously.”
Valero Energy (VLO) has been moving on a cluster of catalysts, including tight global fuel supplies, strong refining margins, and upbeat earnings revisions that have pushed the stock ahead of both the S&P 500 and its industry recently. At a share price of US$387.18, Valero Energy has racked up a 30 day share price return of 11.25% and a 90 day gain of 49.28%, even after a recent 7 day pullback of 6.32% that cooled very short term momentum. Over a longer stretch, the stock’s year to date share...
Valero Energy has delivered a very strong share-price run over the past five years, and that kind of move puts a spotlight on what investors are really paying for. With the stock now reflecting a long stretch of gains and fresh policy headlines around fuel markets, the key issue is whether the current valuation lines up with the cash the business can produce over time. Over the past 5 years the stock has returned about 5x for shareholders, which puts a lot of weight on whether future cash...
The worry for ExxonMobil (XOM) holders is that its refineries stop earning high margins. Management said in late July that the Strait closure keeps about 3 million barrels a day of refining capacity off the market. The second quarter alone supplied $14.5 billion of the $32.8 billion ExxonMobil earned over the last twelve months. How much of that profit rests on refining, and what would you lose if its margins fell back.
Valero Energy (NYSE:VLO) is under pressure as U.S. officials discuss a possible diesel export ban affecting Gulf Coast refiners. West Coast refinery closures, including Valero’s Benicia plant, are tightening regional fuel supplies for states such as Nevada. Policy shifts on diesel exports and shrinking West Coast capacity could reshape Valero’s fuel flows and pricing power across key markets. The potential diesel export ban and Benicia closure are only part of the broader story around...
Recent third-party headlines about this company, kept separate from Makkler's own editorial coverage and linking out to the publisher. Accuracy is the publisher's responsibility.