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Integrated Energy Companies’ 1Q17 Throughputs: Who Stood Tall?

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Integrated energy companies’ 1Q17 throughputs

Integrated energy companies’ refining throughputs indicate the quantity of oil and other feedstock they process to produce refined products. 

ExxonMobil (XOM) had a throughput of 4.3 million barrels per day (or Mbpd) in 1Q17, the highest among the integrated energy companies under review in this series: ExxonMobil, Chevron (CVX), Royal Dutch Shell (RDS.A), and BP (BP).

Chevron had the lowest throughput of 1.67 Mbpd in 1Q17. BP’s and Shell’s refinery throughputs stood at 1.68 Mbpd and 2.6 Mbpd, respectively, in 1Q17.

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Changes in throughput

In 1Q17, CVX’s, Shell’s, and BP’s throughputs fell 5.0%, 0.6%, and 3.9% YoY (year-over-year), respectively. The large fall in Chevron’s throughput was due to turnaround activities at its refinery in Cape Town, South Africa. XOM’s throughput rose 3.3% YoY in 1Q17.

If you’re looking for exposure to energy sector stocks, you can consider the Energy Select Sector SPDR ETF (XLE).

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