It's been a tough several decades for the Saudi Arabia of the refinery world, U.S. Gulf Coast refiners. But for at least four of them, the tide may be turning. Heavy crude from Canada is cheap enough to provide the refiners the right price to make good margins turning out diesel and jet fuel. They both bring a lot more money than making gasoline from the domestic light sweet crude we're awash in.
Motley Fool Special Ops Lead Advisor Tom Jacobs interviews Bentek Energy's Senior Energy Analyst Chris Micsak to learn the ins and outs of refineries. Investors have turned their backs on at least four companies' Gulf Coast refinery operations. That's the time to be a smart contrarian.
If taking a different view on refineries is too slick for you, one of these companies can enjoy a refinery turnaround while paying a heavy sweet dividend. Find it in The Motley Fool's special free report outlining our nine top dependable dividend-paying stocks. It's called "Secure Your Future With 9 Rock-Solid Dividend Stocks." You can access your copy today at no cost! Just click here.
The article 4 Forgotten Refiners With Bright Futures originally appeared on Fool.com.
Motley Fool Special Ops lead advisor, and co-author of "What's Behind the Numbers?" Tom Jacobs has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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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