Key Takeaways DK shares rose 69% over 12 months, far outpacing the Oil Refining & Marketing sub-industry.DK paid $15.3M in dividends and repurchased $15M in shares during Q3 2025, signaling shareholder focus.DK faces rising Q4 2025 operating costs, volatile crack spreads and a 5.11% YoY revenue decline.Over the past 12 months, Delek US Holdings, Inc. (DK) has significantly outperformed both the Oil Refining & Marketing sub-industry (ZSI128M) and the broader Oils & Energy sector (ZS12M). DK's share price gre ...

U.S. crude, gasoline and distillate inventories rose in the week ended December 19, the Energy Information Administration said on Monday. ...

Chevron Corporation (NYSE:CVX) is included among the 12 Best Crude Oil Stocks to Buy for Dividends. Chevron (CVX) Maintains Presence in Venezuela Despite Tensions Chevron Corporation (NYSE:CVX) manufactures and sells a range of high-quality refined products, including gasoline, diesel, marine and aviation fuels, premium base oil, finished lubricants, and fuel oil additives. Chevron Corporation (NYSE:CVX) is maintaining its presence as the largest foreign investor in Venezuela, despite the mounting geopo ...

Core Insights - The comparison between Exxon Mobil Corporation (XOM) and Par Pacific Holdings Inc (PARR) highlights their differing business models, with Par Pacific potentially outperforming ExxonMobil in a low oil price environment expected in 2026 [1][8]. Oil Price Outlook - The U.S. Energy Information Administration (EIA) forecasts that the average spot price of West Texas Intermediate crude will decline from $76.60 per barrel last year to $65.32 per barrel this year, and further down to $51.42 per barrel in 2026 [4]. - Low oil prices are advantageous for the refining industry, as they allow companies to process cheaper raw crude into final products like gasoline and diesel, which is expected to benefit refining operations in 2026 [5]. Company Performance - Over the past year, Par Pacific's stock price increased by 119.3%, significantly outperforming ExxonMobil's 16.1% gain [2][8]. - Par Pacific's diverse crude sourcing, including cheaper Canadian heavy oil, enhances its cost flexibility and competitive edge in refining [8][15]. ExxonMobil's Strengths - ExxonMobil maintains a strong presence in the Permian Basin and offshore Guyana, utilizing advanced technologies to improve well recoveries by up to 20% [9]. - The company has a solid production outlook due to significant discoveries in Guyana, with low breakeven costs aiding its operations even in a low crude price environment [10][11]. Valuation and Investment Considerations - Currently, ExxonMobil trades at a higher valuation multiple (7.74x EV/EBITDA) compared to the industry average (4.46x), reflecting investor preference for its diversified business model [16]. - Investors willing to take on more risk may find Par Pacific appealing due to its different risk-reward profile, despite being smaller than ExxonMobil [18].

The crude pricing environment will likely be soft in the coming days and could potentially hurt the exploration and production activities of the integrated energy companies. Moreover, the slowdown in production growth of crude oil will probably limit earnings from upstream operations. On top of that, increasing renewables demand will make the outlook of the Zacks Oil & Gas US Integrated industry gloomy.However, ConocoPhillips (COP) , Occidental (OXY) and National Fuel Gas Company (NFG) are the energy compan ...

Market Overview - Crude oil reserves on the world's oceans have reached a record high of 14 亿桶 (14 billion barrels) [1] - This surplus is exerting downward pressure on benchmark prices [1] - Gasoline prices in the US are falling below $3 per gallon [1]

Supply & Demand - Crude oil inventory on the world's oceans reaches a record high of 14 billion barrels [1] - High crude oil inventory puts downward pressure on benchmark prices [1] Market Impact - Gasoline prices in the US are falling below $3 per gallon [1]

Core Insights - Inflation remains elevated in November, significantly above the Federal Reserve's target rate, as policymakers consider potential interest rate cuts next year [1] - The consumer price index (CPI) rose by 0.2% in November compared to September and increased by 2.7% year-over-year [1] - Core prices, excluding volatile items like gasoline and food, increased by 0.3% from the previous month and 2.6% from a year ago, with the monthly figure meeting expectations but the annual figure being lower than anticipated [2] Data Collection Impact - The release of the November CPI inflation report was delayed due to a 43-day government shutdown, which affected data collection and postponed the release date from December 10 [3]

Industry Trend - The industry is observing President Claudia Sheinbaum's campaign to curb drug cartels smuggling US gasoline and diesel into Mexico [1]

Key Takeaways PARR trades above industry valuation but outperformed peers with a 42.2% stock gain in six months.PARR benefits from soft WTI prices, as lower crude costs support margins at its refining network.PARR's diverse crude sourcing, including cheaper Canadian heavy oil, adds cost flexibility.Par Pacific Holdings Inc (PARR) is currently considered overvalued, trading at a 4.76x trailing 12-month enterprise value to earnings before interest, taxes, depreciation, and amortization (EV/EBITDA), which is a ...