Between the huge increase in heavy oil coming in from Canada and the new wave of shale oil production in the U.S., American oil refiners have access to a huge amount of cheap feedstock, which means great margins and powerhouse performances for investors. So many refiners had an incredible year in 2012, and in this video, Motley Fool energy analysts Joel South and Taylor Muckerman tell us that the ride isn't over. Joel gives us some of the top performers over the past year in this space and discusses whether investors can expect these ideal conditions to continue.
Refiners Keep Rewarding Shareholders
By Joel South and Taylor Muckerman
-
Apr 2, 2013 at 7:36PM
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NYSE: MPC
Marathon Petroleum Corporation

Market Cap
$52B
Today's Change
(1.13%) $1.09
Current Price
$97.56
Price as of May 17, 2022, 4:47 p.m. ET
How long can refining stocks keep delivering for investors?
Stocks Mentioned

Marathon Petroleum Corporation
MPC
$97.56
(1.13%)
$1.09

Exxon Mobil Corporation
XOM
$92.11
(1.27%)
$1.16

Tesoro Corporation
ANDV

Valero Energy Corporation
VLO
$129.11
(1.04%)
$1.33

Phillips 66
PSX
$97.58
(0.52%)
$0.50
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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