bullish

Widening Crack Spreads Enable Oil Refiners to Outdo Oil Explorers

418 Views26 Apr 2024 19:33
Pure play crude oil refining and marketing firms outperformed integrated oil E&P companies during times of widening crack oil spreads.
What is covered in the Full Insight:
  • Performance contrast between Integrated oil exploration and refining firms and Oil refineries.
  • Impact of geopolitical tensions and OPEC+ decisions on oil prices.
  • Analysis of revenues, net profits, and EBITDA margins for 2022 and 2023.
  • Dividend yield and PE Ratios for the period 2020-2023.
  • Hypothetical trade setup based on the current macroeconomic scenario.
SUMMARY
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