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Thesis

Within the final 60 days, the refining section has seen sturdy positive aspects. A lot so, that analyst teams akin to Financial institution of America have downgraded the whole group primarily based primarily on valuation and danger of

Refining Renewable Diesel Ethanol
Working Revenue $2,432m $440m $127m
Manufacturing Quantity (gallons) 11,348m 400.4m 404.4m
Revenue/Gallon $0.214/gallon $1.10/gallon $0.314/gallon

Maturities VLO PSX
Due 2024 $167m $1,100m
Due 2025 $441m $1,975m
Due 2026 $672m $992m

Money Steadiness

$5,075m $3,029m

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