06-15-2016, 09:04 AM
The refiners are cyclical, have always been that way. VLO's annual EPS growth over the last decade is just 0.2%, although its 22.6% over the last 5 and we may be nearing the end of the bull run for refiner's profits.
If you have the stomach to ride out the ups and downs you may do okay, just know what you are buying.
VLO is a price taker, not a price maker with its products.
If you have the stomach to ride out the ups and downs you may do okay, just know what you are buying.
VLO is a price taker, not a price maker with its products.