In this series on the biggest movers in the energy sector this week, we’ll look now at the stocks with the biggest losses in the US refining and marketing sector.
In this series on the biggest movers in the energy sector this week, we’ll look now at the stocks with the biggest losses in the US refining and marketing sector.
Next in our series of the biggest movers in the energy sector, we’ll now look at the highest-losing stocks this week from the US refining and marketing sector.
Andeavor is the biggest loser this week in the refining and marketing sector. It has fallen from last week’s close of $107.20 to $103.83 on November 15.
Par Pacific Holdings (PARR) is the only laggard in the current week from the refining and marketing sector. It fell from last week’s close of $20.70 to $20.67 on October 11, 2017.
The market is also waiting for the weekly crude oil inventory reports from the U.S. Energy Information Administration and the American Petroleum Institute.
Net income reported for this quarter reflected discontinued operations at Valero’s Aruba refinery—as a result of this, the company recognized a loss of $63 million associated with asset retirement and other obligations related to the Aruba refinery.
