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HollyFrontier and PBF Energy Top Movers in Refining Last Week

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American refiners

To conclude this series covering the best and worst performers in energy last week, let’s look at the American refining sector. Here too, we’ve analyzed companies with market capitalizations of at least $1 billion and 30-day average daily volumes of at least 500,000 shares.

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Top gainers

The biggest refining gainer in the week ending April 17 was HollyFrontier (HFC). It gained a miniscule ~1.3%. The refiner has lost ~12% in the last six months and ~2% in the year so far.

Evidently, the refining sector didn’t do very well last week. Indeed, the second-best performer was a loser. Diversified refiner and chemicals manufacturer Phillips 66 (PSX) lost ~0.5% in the week ending April 17. Still, the company has gained ~5.5% in the last six months and ~11% year-to-date.

PBF Energy: Top loser

The biggest losses by American refiner in the week ending April 17 were yet again at PBF Energy (PBF). It gave up ~4% of its value, following an 8.5% drop in the previous week. But, it was among the biggest gainers in March, rising almost 9% throughout the month. PBF has gained by more than a quarter in the last six months and ~10% year-to-date.

The other top loser in the refining space was Western Refining (WNR). It gave up ~4% of its value in the week ending April 17. Yet, it has risen by almost 20% this calendar year and ~10% over the last six months.

For context, the broad-market SPDR S&P 500 ETF Trust (SPY) lost ~1% last week. Phillips 66 makes up ~0.23% of this ETF.

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