|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||23.710 - 23.980|
|52 Week Range||17.350 - 24.520|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.80%|
To compile the list of top refining and marketing losers, we have selected refining and marketing energy companies with market capitalizations of over $100 million and a weekly average volume over 100,000 shares last week. Valero Energy (VLO) stock is the only stock from the refining and marketing sector to see losses this week. The down move in Valero Energy is a part of the consolidation around its 50-day moving average.
The fourth-quarter earnings season is expected to be strong, with earnings growth likely to pick up and continue accelerating after dipping in the preceding quarter. The S&P 500 index is anticipated to see earnings growth of 9.2% and revenue growth of 7%. The market is also at record levels, scaling series of highs at the start of the year.Source: Shutterstock
With oil prices sliding, it is not surprising that the energy sector and its related exchange traded funds are struggling. However, some parts of the energy sector take oil’s struggles particularly hard. ...