Western Midstream (WES) ended the recent trading session at $40.14, demonstrating a +1.7% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.14% for the day. Meanwhile, the Dow experienced a rise of 0.2%, and the technology-dominated Nasdaq saw an increase of 0.27%. Shares of the oil and gas transportation and storage company have appreciated by 1.65% over the course of the past month, underperforming the Oils-Energy sector's gain of 2.89%, and the S& ...

Key Takeaways DK shares rose 40.8% in six months, outpacing its sub-industry amid strong logistics and refining momentum. Logistics posted $117M in Q1 EBITDA; Permian assets and midstream deals drive cash flow and growth. Refining margins fell sharply YoY, execution risks and high capex could pressure DK's near-term outlook.Delek US Holdings, Inc. (DK) is a key player in the United States’ downstream energy sector, with core operations centered around refining crude oil and managing logistics. The company ...

IEA月报：为了满足北半球夏季旅行需求，原油开采的季节性变化正推动炼油厂的产量从五月到八月增 加了370万桶/日。 ...

Refining Operations - HollyFrontier aims to operate its refineries at a crude charge rate of 450,000 to 470,000 barrels per day[37] - HollyFrontier targets mid-cycle Refining EBITDA of $1.0 billion to $1.2 billion per year[132] - HollyFrontier is implementing cost-saving initiatives to achieve a target operating expense of $5.50 per throughput barrel[40] - HollyFrontier has increased its refining capacity by 15% since 2015[27] Holly Energy Partners (HEP) - HollyFrontier owns 59% of the LP Interest in HEP[15] - Over 80% of HEP's revenues are tied to long-term contracts and minimum volume commitments[15, 62] - HEP is targeting a distribution coverage ratio of 1.0 to 1.2x[62] Lubricants & Specialty Products - HollyFrontier Lubricants & Specialty Products (HF LSP) is the largest North American group III base oil producer[15] - HF LSP's Rack Forward business consistently generates EBITDA margins of 10-15%[114] - HF LSP targets Rack Forward EBITDA of $175 million to $200 million in 2018[135] Financials & Valuation - HollyFrontier's sum-of-the-parts valuation estimates a total share price of $60, based on a $37 valuation for Refining & Marketing, $12 for Holly Energy Partners, and $11 for Lubricants & Specialty Products[129] - HollyFrontier targets a net debt to EBITDA ratio of 1x (excluding HEP)[141]

Group 1 - Analyst has been writing on Seeking Alpha since 2018 and has over a decade of market experience [1] - Analyst has professional experience in private equity, real estate, and economic research [1] - Analyst possesses an academic background in financial econometrics, economic forecasting, and global monetary economics [1]

Valero Energy (VLO) shares soared 3.4% in the last trading session to close at $148.67. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 12.1% gain over the past four weeks.The surge can be attributed to Valero Energy’s strong foothold in the refining sector and an expected improvement in refining margins in the United States. A decline in domestic refining capacity, driven by the closure of major refineries such as Phillips 66’s ...

Industry Operations - The UK's Lindsey oil refinery has not yet resumed fuel delivery to wholesalers [1]

Company Operations - BP will keep running a crude-processing unit at its Gelsenkirchen refinery [1] Market Factors - Market conditions contribute to the plant's profitability [1]

Dangote Industries expects Africa’s biggest refinery to rely totally on Nigerian crude by the end of the year, a move that would replace hundreds of thousands of barrels a day of imported oil https://t.co/qOVrF3mAve ...

China’s oil refiners are facing yet another hit to their bottom line, with an oversupply of aviation fuel adding to the woes of a sector already grappling with ebbing demand for gasoline and diesel https://t.co/7dKefS0l0u ...