Archive for May 2nd, 2007


Wednesday Morning – Refiners, Gasoline, Gassy E&P and More!

Holdings Watch: Refiners: Long (VLO). Short (TSO), (HOC), and (WNR).  Things that standout from the table above (sorted by foward multiple of 2007 consensus earnings): HOC’s forward multiple has been and continues to be very high compared to the group. TSO has enjoyed more multiple expansion since the end of last year than it’s peers. […]

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