US Refiners Poised to Profit from Global Fuel Shortage

A global fuel shortage has left refineries scrambling to meet demand, and three US refining stocks are poised to benefit.

The crisis has driven up crack spreads, the difference between crude costs and finished product selling prices, and even if oil prices decline, refiners may still maintain high profits.

Marathon Petroleum (MPC), Valero Energy (VLO), and PBF Energy are among the top-performing refining stocks, with MPC's forward EPS growth exceeding 64% and VLO boasting a five-year dividend growth rate of 11.51%.

The authors analyzed data from Seeking Alpha's Quant screen to identify these stocks as strong buys, citing their capacity to capitalize on widening crack spreads and tight demand for fuel.