4 Refining Stocks to Buy as Gas Prices Top $4 a Gallon
Zacks Investment Research highlights refining stocks as advantageous while gasoline prices top $4 per gallon. The report notes that high consumer fuel prices can be favorable for refiners able to capture strong margins on the fuels they produce.
Why it matters — As a refining company, PARR could benefit from elevated gasoline prices and the strong margins that refiners can capture in this environment.