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These four stocks were some of the biggest winners for energy investors in 2012.

As an overall subsector, refining and marketing turned in a remarkable 2012, with Phillips 66 (PSX 0.18%), Tesoro (TSO +0.00%), and HollyFrontier (HFC +0.00%) returning 60% to 80% for shareholders. One thing all these top-performing refiners have in common is their close location to cheap WTI crude feed stock. While the WTI-Brent price differentiation won't last indefinitely, the mid-continent refiners are sprucing up their operations now to return profits to shareholders going forward.  

See more in the following video.

About the Author

Joel South
Joel is a University of Washington graduate and covers energy and materials for The Motley Fool. Be sure to follow The Motley Fool's energy and materials Twitter for all your energy and materials coverage. Follow @tmfenergy
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