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Petroleum (integrated) industry

Authors :
Mitkowski, Robert Jr.
Swort, Edmund B.
Shafer, Gary
Rosenfield, David
Gallen, David
Vlassis, Dax
Clark, Charles
Source :
The Value Line Investment Survey (Part 3 - Ratings & Reports). June 27, 1997, Vol. 52 Issue 42, p401, 31 p.
Publication Year :
1997

Abstract

Oil prices have decreased following a solid beginning in 1997, but low oil prices are making certain US refineries more profitable. The demand for oil is expected to remain solid, and the existing supply is expected to meet the demand. This is likely to keep oil prices within a limited trading range. Refining margins are also expected to fall due to changeable oil and product prices. Investments in US refineries present conservative investors with a relatively secure three- to five-year total return potential.

Details

ISSN :
00422401
Volume :
52
Issue :
42
Database :
Gale General OneFile
Journal :
The Value Line Investment Survey (Part 3 - Ratings & Reports)
Publication Type :
Periodical
Accession number :
edsgcl.19560326