Exploring Digital Asset Strategies to Inform Future Capital InnovationWOODS CROSS, Utah, July 23, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy company focused on sustainable resource recovery, is pleased to announce the launch of a crowdfunding offering by its wholly owned subsidiary, Foreland Refining Corporation. Shifting fuel markets across the Western U.S. are creating a unique opportunity for regional producers. Nevada currently imports a ...

Wall Street analysts forecast that Phillips 66 (PSX) will report quarterly earnings of $1.63 per share in its upcoming release, pointing to a year-over-year decline of 29.4%. It is anticipated that revenues will amount to $30.54 billion, exhibiting a decrease of 21.5% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of ...

Shipowners and oil traders are staying away from Russia-backed Nayara Energy as part of the fallout faced by the Indian refiner, after it was singled out in the latest round of European Union sanctions https://t.co/7oMiwjoUam ...

The long-term survival of the refiners will likely hinge on crude import quotas from Beijing, giving them access to cheaper oil that will help mitigate razor thin margins https://t.co/KLx6M4ZZqd ...

Core Viewpoint - The market anticipates a year-over-year decline in Valero Energy's earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Valero Energy is expected to report quarterly earnings of $1.76 per share, reflecting a year-over-year decrease of 35.1% [3]. - Revenues are projected to be $27.84 billion, down 19.3% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 3.01% higher in the last 30 days, indicating a reassessment by analysts [4]. - A positive Earnings ESP of +1.22% suggests analysts have recently become more optimistic about Valero's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive reading is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - Valero currently holds a Zacks Rank of 3, indicating a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, Valero was expected to post earnings of $0.43 per share but delivered $0.89, resulting in a surprise of +106.98% [13]. - Over the past four quarters, Valero has beaten consensus EPS estimates three times [14]. Conclusion - Valero Energy is positioned as a compelling earnings-beat candidate, but investors should consider other factors influencing stock performance beyond earnings results [17].

Core Insights - The International Energy Agency (IEA) report indicates that seasonal changes in crude oil production are driving refinery output to increase by 3.7 million barrels per day from May to August to meet summer travel demand in the Northern Hemisphere [1] Industry Summary - The increase in refinery output is a response to the anticipated rise in travel during the summer months, highlighting the seasonal nature of oil production and refining activities [1]

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]

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 ...

Key Points Summary Industry Overview - The focus is on the refined products market, particularly gasoline and naphtha, with insights into seasonal price trends and supply-demand dynamics in the context of the summer season [1][2][3][6][12]. Core Insights and Arguments - **Supply-Demand Balance**: The clean products supply-demand balance remains tight, with production incentives favoring middle distillates when crude oil supply constraints are eased. The market's ability to withstand supply disruptions or unexpected demand is currently insufficient [2][3]. - **Seasonal Performance**: Historically, the RBOB crack spread has shown strong seasonal performance, with 7 out of the last 10 Julys experiencing price increases, averaging $2 per barrel. The maximum increase recorded was $8.1 per barrel, while the largest decrease was $3.2 per barrel [3][6]. - **Production Constraints**: Current production levels are at the lower end of the range compared to the past decade, primarily due to crude oil supply restrictions. Despite the easing of production cuts, OPEC+ heavy sour crude exports have not rebounded, impacting distillate production [3][12]. - **Hurricane Season Risks**: The hurricane season poses significant risks to supply, particularly in the Gulf Coast, where approximately 50% of U.S. refining capacity is located. Disruptions could lead to a temporary loss of refining capacity ranging from 500,000 to 2.5 million barrels per day [3][12]. - **Regional Performance Disparities**: There are notable differences in performance between Eastern and Western products, with Eastern products generally underperforming. The average return for European gasoline over the past decade has been particularly strong, with 8 out of 10 years showing positive returns [13][14]. Additional Important Insights - **Crack Spreads and Returns**: The average return for various products in July has been positive, with naphtha and gasoline showing particularly strong performance. The average return for European gasoline was $8.3 per ton, indicating attractive risk-reward dynamics [7][13]. - **Market Sentiment**: The market sentiment is cautious due to geopolitical risks and the potential for supply disruptions, which could further tighten the supply of gasoline and distillates [2][12]. - **Future Outlook**: The outlook for refined products remains optimistic, with expectations of increased middle distillate production if crude oil supply improves. However, the market remains sensitive to external shocks, particularly during the hurricane season [2][3][12]. Conclusion - The refined products market is characterized by tight supply-demand dynamics, strong seasonal performance, and significant risks associated with external factors such as hurricanes and geopolitical tensions. The potential for increased production exists, but market participants should remain vigilant regarding supply disruptions and regional performance disparities.