Is This Refinery Still a Good Buy?

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Oil refiners turned in a solid second quarter, as both the WTI and Brent oil prices dropped because of global economic slowdown worries, leading to increased crack spreads. With the price of oil rising steadily the past few months, refiners are finding it difficult in the current environment. However, refiners in the mid-continent are still highly levered to the WTI crude price, providing higher margins and higher utilization rates than their East Coast competitors.

There are many different ways to play the energy sector, and our analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in  drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out our special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.

Austin Smith has no positions in the stocks mentioned above. Joel South has no positions in the stocks mentioned above. The Motley Fool owns shares of Western Refining. Motley Fool newsletter services recommend HollyFrontier. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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