| | % of Net Assets | | --- | --- | | Exxon Mobil Corporation | 22.7% | | Chevron Corporation | 11.5% | | ConocoPhilips | 5.3% | | Linde plc | 4.7% | | EOG Resources, Inc. | 3.8% | | Williams Companies, Inc. | 3.6% | | Kinder Morgan, Inc. | 2.9% | | Hess Corporation | 2.9% | | Phillips 66 | 2.8% | | Marathon Petroleum Corporation | 2.7% | | Total | 62.9% | BALTIMORE, July 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund's investment returns for the first half of ...

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].

SUGAR LAND, Texas, July 17, 2025 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2025 earnings results on Wednesday, July 30, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Thursday, July 31, at 1 p.m. Eastern to discuss these results. This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Energy’s website at www.CVREnergy. ...

In a hearing Tuesday on Capitol Hill, experts warned a bipartisan group of lawmakers on the House Foreign Affairs Committee that China’s chokehold over critical minerals has become the "life or death matter" of this century.  China's export restrictions on minerals critical for technology, defense, auto manufacturing and the emerging artificial intelligence industry have prompted immense concern in not only the U.S., but among international leaders, as dependence on Beijing amid its trade war with Washingto ...

“Company Plans to Explore Cryptocurrency Treasury Model”WOODS CROSS, Utah, July 15, 2025 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy company focused on sustainable resource recovery, today announced a strategic initiative to establish a digital asset treasury as part of its broader capital allocation strategy. Recognizing the growing institutional acceptance of digital assets in public markets, Sky Quarry is actively exploring how a targeted digit ...

Investment Rating - The report does not explicitly state an investment rating for the oil industry in China Core Insights - Chinese apparent oil demand showed year-on-year growth for the first time in three months, increasing by 160 thousand barrels per day (kb/d) to 15.9 million barrels per day (mb/d) in May, driven by strong demand for petrochemicals and travel fuels during the Labour Day holiday [3][6] - Crude imports fell by 720 kb/d month-on-month (MoM) and 90 kb/d year-on-year (YoY) in May, attributed to peak refinery maintenance and high inventory levels [52][61] - Refinery throughput decreased by 200 kb/d MoM, with offline capacity reaching 2.1 mb/d due to maintenance at major state-owned refiners [5][64] - Diesel demand weakened, falling by 60 kb/d MoM and 220 kb/d YoY, influenced by the penetration of new energy vehicles (NEVs) and a struggling real estate sector [12][15] - Jet fuel demand rose by 55 kb/d MoM, supported by increased travel during the Labour Day holiday, although it was down 120 kb/d YoY [26][34] Summary by Sections Supply and Demand - Chinese apparent oil demand increased by 1% YoY in May, with strong naphtha demand as refiners replaced US LPG and ethane imports [3][6] - Crude imports softened further in May, with Iranian crude imports dropping by 40% MoM due to sanctions risk and high inventory levels [4][53] - Refinery throughput fell by 200 kb/d MoM, with all major state-owned refiners offline during peak maintenance [5][64] Product Exports and Imports - Refined product net exports weakened in May, with diesel exports reduced due to strong domestic margins [6][67] - Total product exports fell by 180 kb/d MoM and 220 kb/d YoY, driven by lower gasoline and fuel oil exports [68][93] - LPG imports decreased by 230 kb/d MoM due to a 125% tariff on US LPG, which was later reduced to 10% [76][41] Inventory Data - Crude stocks built rapidly in May, adding approximately 33 million barrels due to low refinery demand [156] - Observable product inventories drew by around 20 million barrels in May, with significant draws in diesel and gasoline stocks [157][161] Refining Data - Gasoline cracks averaged $14.0/bbl in May, down $2.0/bbl from April, while diesel cracks rose to $21.4/bbl [112][113] - Refinery output of diesel and gasoline declined in May, with jet fuel output increasing due to higher demand [141][147] Trade Quotas - China has released two batches of clean product export quotas for 2025, totaling 31.8 million tons, slightly lower YoY [98][100] - The allocation of quotas primarily favors state-owned companies, with Sinopec and PetroChina receiving about 72% of available quotas [98][100]

Company Performance - Phillips 66 (PSX) closed at $129.01, reflecting a -2.05% change from the previous day's closing price, underperforming the S&P 500 which gained 0.14% [1] - Over the past month, shares of Phillips 66 have appreciated by 7.83%, outperforming the Oils-Energy sector's gain of 2.89% and the S&P 500's gain of 3.97% [1] Upcoming Financial Results - Phillips 66 is set to announce its earnings on July 25, 2025, with an anticipated EPS of $1.62, representing a 29.87% decline compared to the same quarter of the previous year [2] - The consensus estimate for revenue is $30.54 billion, down 21.51% from the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $4.17 per share and revenue of $122.7 billion, indicating changes of -32.2% and -15.67% respectively from the previous year [3] Analyst Estimates and Stock Performance - Recent adjustments to analyst estimates for Phillips 66 indicate changing near-term business trends, with upward revisions reflecting analysts' positivity towards the company's operations [4] - A 2.34% decline in the Zacks Consensus EPS estimate over the past month has resulted in Phillips 66 currently holding a Zacks Rank of 4 (Sell) [6] Valuation Metrics - Phillips 66 has a Forward P/E ratio of 31.59, which is a premium compared to the industry average Forward P/E of 18.57 [7] - The company has a PEG ratio of 2.11, compared to the industry average PEG ratio of 1.74 [7] Industry Context - The Oil and Gas - Refining and Marketing industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 198, placing it in the bottom 20% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

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。 ...