3 Companies Winning Big Thanks to America's Oil Boom
America's oil boom has been very kind to refiners like Phillips 66 , Valero , and Tesoro . Just one look at the following chart shows that all three have more than doubled over the past two years.
Investors shouldn't expect those winning ways to end anytime soon, as all three have a plan to continue to take advantage of the energy boom. Phillips 66, for example, plans to completely eliminate Brent priced crude oil from its refining mix by 2016. Meanwhile, Tesoro and Valero are investing to increase both access to cheaper American crude oil as well as increase the capacity to refine this oil.
To help investors better understand why these companies are winning and how each plans to continue winning, I created the following slideshow. The presentation takes a look at how America's energy boom is impacting each refiner and why these companies should keep winning in the years ahead.
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The article 3 Companies Winning Big Thanks to America's Oil Boom originally appeared on Fool.com.Matt DiLallo owns shares of Phillips 66. 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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