Josh, final trades. What. >> Netflix 32 times earnings, 32% uh growth expected.>> Thank you, Jason Snipe. >> Amazon. I know there's been some concerns on AWS.I think they'll really accelerate here. >> Down 2%. I mean, >> it's traded better than many of the other of the mega caps, but not by much at this point.>> Yeah. >> MLXLP. >> Yes.An old >> I look right at Jenny Harrington with that one. I knew it. I knew it.Who would do that one. So, it's got a K1, but it's got a 7 and a half% yield, and I think it's o ...

Key Takeaways Phillips 66 will permanently close its Los Angeles refinery in Q4 2025 after phased shutdowns.Most of the 600 workers face layoffs in December, with limited transfers to a marine terminal.The refinery and Valero's Benicia plant supply 20% of California gasoline, raising supply concerns.Phillips 66 (PSX) will begin winding down operations at its Los Angeles-area refinery this week, with permanent closure expected in the fourth quarter of 2025, per a Reuters report. According to the report, most ...

HF Sinclair Corporation's (NYSE: DINO ) stock price has been on a tear, up nearly 100% since Liberation Day. This comes on the heels of strong refining performance in the Central and Northwest regions of the US.I am a Licensed Professional Engineer who works in the Nuclear Power industry. I use my professional working knowledge of the power/energy industries to aid in evaluating potential equities worthy of long-term investment. I invest in income producing equities and rental real estate properties for cas ...

Core Viewpoint - Blue Dolphin Energy Company has shown improved profitability metrics in Q2 2025 despite a decline in revenues, but its stock has underperformed compared to the broader market, indicating investor caution regarding its near-term operating environment [12]. Financial Performance - Q2 2025 revenues were $56.6 million, down 18.8% from $69.7 million in Q2 2024 [2]. - The net loss narrowed to $1.7 million (12 cents per share) from a loss of $6.4 million (43 cents per share) year-over-year [2]. - Gross profit improved to $0.6 million from a deficit of $4.7 million in the prior-year quarter [2]. - EBITDA improved to $0.1 million from a negative $5.9 million a year ago [2]. - For the first half of 2025, revenues fell 12.7% year-over-year to $140.3 million, while net income rose to $0.5 million (3 cents per share) from $0.3 million (2 cents per share) last year [3]. Refinery Operations - The refinery reported a pre-tax loss of $2.1 million in Q2 2025, improved from a $7.1 million loss in the prior-year quarter [4]. - Refinery EBITDA loss narrowed to $0.9 million from $6 million last year [4]. - For the first six months of 2025, refinery operations generated pre-tax income of $1.7 million, down from $2.1 million a year earlier [4]. - Refinery EBITDA was $4 million compared to $4.2 million in the year-ago period [4]. Tolling and Terminaling Operations - EBITDA from tolling and terminaling operations rose to $1.1 million in Q2 from $1.2 million last year, while six-month EBITDA was $2.3 million versus $2.4 million a year earlier, indicating relative stability [5]. Liquidity Position - Cash and equivalents increased to $1.8 million as of June 30, 2025, from $1.1 million at the end of 2024 [6]. - The working capital deficit was reduced to $16.8 million from $19.1 million over the same period [6]. Management Commentary - CEO Jonathan P. Carroll highlighted that the first half of 2025 focused on maintenance and turnaround activities to maximize operational efficiencies [7]. - He noted that margin and pricing pressures due to policy uncertainty and geopolitical tensions remain challenges [7]. - The company aims to streamline operations to improve cost structures and profitability [7]. Factors Influencing Revenue - The year-over-year revenue decline was attributed to softer product sales, potentially linked to weaker demand or pricing challenges in the petroleum market [8]. - Profitability improved due to lower operating expenses and cost discipline, with general and administrative expenses reduced to $0.7 million from $1.5 million a year earlier [8]. Interest Expenses - Interest expenses increased slightly to $1.6 million from $1.4 million in the prior-year quarter, reflecting the ongoing financial burden of debt [9]. - Cost-control measures and reduced operating expenses helped mitigate the impact of financing costs [9]. Strategic Focus - The company did not announce any acquisitions, divestitures, or restructuring initiatives, indicating a focus on operational stability and balance sheet improvements [10]. - Management's emphasis on cost optimization and operational efficiency suggests a strategic direction aimed at sustaining profitability amid market volatility [11].

Africa’s richest person, Aliko Dangote, wants to dominate oil refining. Will his efforts enrich Nigeria too? https://t.co/dp9hUlQw1o ...

Group 1 - Delek US (NYSE: DK) shares have increased by 13% over the past year, indicating solid performance [1] - The company has benefited from a recovery in the refining market following a challenging winter [1] - Delek US has been divesting assets, which has contributed to the increase in share value [1]

Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or a ...

Key Takeaways BP currently carries a Zacks Rank #3 (Hold). BP plc (BP) confirmed on Tuesday that operations at its 440,000-barrel-per-day Whiting refinery in Indiana have been disrupted following severe thunderstorms that swept across Northwest Indiana overnight, causing widespread flooding in the area, per a Reuters report. The Whiting facility, the largest refinery in the U.S. Midwest, saw several major processing units taken offline due to the flooding, according to consultancy Wood Mackenzie. Impacted u ...

Phillips 66 (PSX) , a leading U.S.-based refining company, has cut gasoline production from its Bayway refinery in Linden, NJ. A fire near the gasoline-producing unit of the refinery is anticipated to have affected production. The Bayway refinery has a production capacity of 258,000 barrels per day and is one of the largest fuel suppliers along the U.S. East Coast. Per a Reuters report, a fire broke out in an ancillary equipment of the fluid catalytic cracking unit (FCCU) at the refinery. The FCCU is a cruc ...

Company Overview - Phillips 66 is a large refining company with a market capitalization of $50 billion [2] Recent Developments - The company has successfully navigated a contentious battle with Elliot Management, which was advised to be ignored by analysts [2] Investment Strategy - The Value Portfolio focuses on building retirement portfolios using a fact-based research strategy that includes extensive analysis of 10Ks, analyst commentary, market reports, and investor presentations [2]